New Programs for App Developers, Board Nominations, Quarterly Results, and Enhanced Shopping Experience - Analyst Notes on Facebook, Yahoo!, YY, Groupon and IAC
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, May 8, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Facebook, Inc. (NASDAQ: FB), Yahoo! Inc. (NASDAQ: YHOO), YY Inc. (NASDAQ: YY), Groupon, Inc. (NASDAQ: GRPN) and IAC/InterActiveCorp (NASDAQ: IACI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2178-100free.
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Facebook, Inc. Analyst Notes
On April 30, 2014, Facebook, Inc. (Facebook) announced a new program - FbStart, which provides developers with free tools and services worth up to $30,000 from Facebook and 11 other companies to help startups take off. The Company stated that app developers can apply to participate in FbStart and selected applicants will receive credits from Facebook advertising and Parse, plus free services from companies that deliver product testing, recruiting, customer care, video conferencing, and document management. Facebook informed that any developer around the world with a public iOS and Android app is eligible to apply. The full analyst notes on Facebook are available to download free of charge at:
http://www.analystsreview.com/2178-FB-08May2014.pdf
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Yahoo! Inc. Analyst Notes
On April 30, 2014, Yahoo! Inc. (Yahoo!) announced the nomination of Dr. Jane E. Shaw to the Company's Board of Directors. Yahoo! stated that the shareholders will vote on the nominees, including Dr. Shaw, at the Company's annual meeting of shareholders on June 25, 2014. "Dr. Shaw possesses an impressive depth of relevant knowledge that stems from her many years serving on the boards of public companies," said Maynard Webb, Chairman of the Board at Yahoo. "Her extensive leadership experience should greatly enhance our board's ability to provide thoughtful counsel and would contribute significantly to the continued growth and success of Yahoo." The full analyst notes on Yahoo! are available to download free of charge at:
http://www.analystsreview.com/2178-YHOO-08May2014.pdf
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YY Inc. Analyst Notes
On May 5, 2014, YY Inc. (YY) reported its Q1 2014 unaudited financial results. During the quarter, the Company's net revenues increased significantly by 111.6% YoY to RMB666.3 million ($107.2 million). Q1 2014 net income was RMB183.6 million ($29.5 million), or RMB3.06 ($0.49) per diluted ADS, compared to RMB63.9 million, or RMB1.11 per diluted ADS, in Q1 2013. "In the first quarter, we were once again able to achieve results that exceeded our expectations on the top line, driven by increased user engagement and spending. Moreover, we also saw net income attributable to YY almost triple year-over-year due to the expanding scale and leverage of YY's business operations. As we continue to scale our business, our unique business model, coupled with the economies of scale inherent in our technology platform, will strengthen our operating leverage and enhance our ability to diversify and expand our services," said Eric He, CFO of YY. The full analyst notes on YY are available to download free of charge at:
http://www.analystsreview.com/2178-YY-08May2014.pdf
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Groupon, Inc. Analyst Notes
On May 1, 2014, Groupon, Inc. (Groupon) announced the debut of an online bulk-shopping service called Groupon Basics, enabling customers to stock up and save money on various household, personal care and health, and wellness items. The Company informed that Groupon Basics allows shoppers to purchase products in warehouse sized and have them delivered to their doorsteps. Groupon also announced an introductory promotion offer, according to which, 5% in Groupon Bucks is returned to those customers who place an order through the new service for use toward a future Groupon purchase. "We're putting the bulk buying power of Groupon to work for our customers, helping them save on serious quantities of the things they buy and use every day -- all from the convenience of their home," said Aaron Cooper, Senior Vice President of Groupon Goods. "By adding this service to our marketplace, we're providing shoppers with great value and yet another reason to always check Groupon first. Best of all, there's no membership or monthly fees." The full analyst notes on Groupon are available to download free of charge at:
http://www.analystsreview.com/2178-GRPN-08May2014.pdf
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IAC/InterActiveCorp Analyst Notes
On April 30, 2014, IAC/InterActiveCorp (IAC) reported its Q1 2014 financial results. In Q1 2014, the Company reported revenues of $740.2 million, compared to $742.2 million in Q1 2013. Q1 2014 net income was $35.9 million, or $0.41 per diluted share, compared to $53.6 million, or $0.61 per diluted share, in Q1 2013. IAC also reported that its consolidated Free Cash Flow during the quarter decreased $26.5 million primarily due to lower adjusted EBITDA and higher income tax payments, offset by lower capital expenditures. The full analyst notes on IAC are available to download free of charge at:
http://www.analystsreview.com/2178-IACI-08May2014.pdf
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