On Monday, in the course of current trade, Shares of JD.com, Inc. (NASDAQ:JD), gained 3.11%, and is now trading at $36.78, hitting its highest level. The stock has its volatility for the week is 3.65%, while for the month it is 3.40%. The company has the market capitalization of $49.34B. Analysts mean recommendation for the stock is said to be 2.00 (where 1=Buy, 5=sale).
JD.com, Inc., through its auxiliaries, operates as an online direct sales company in the People’s Republic of China. It primarily offers electronics and home appliances products; and general merchandise products, counting audio and video products, and books.
During an Afternoon trade, Shares of Youku Tudou Inc. (NYSE:YOKU), dipped -2.79%, and is now trading at $29.92.
On May 20, Youku Tudou, declared its unaudited financial results for the first quarter 2015.
First Quarter 2015 Results
Net revenues were RMB1.14 billion (US$183.8 million) in the first quarter of 2015, a 47% enhance from the corresponding period in 2014. Non-GAAP net revenues, which is herein defined as net revenues not taking into account barter sublicensing revenues, were RMB1.06 billion (US$170.4 million) in the first quarter of 2015, a 51% enhance from the corresponding period in 2014, exceeded the high end of the non-GAAP net revenues guidance formerly declared by the Company.
Advertising net revenues were RMB892.7 million (US$144.0 million) in the first quarter of 2015, a 43% enhance from the corresponding period in 2014, exceeded the high end of the advertising net revenues guidance formerly declared by the Company. The growth was primarily attributable to the raised use by brand advertisers of our advertising services as evidenced by an enhance in the number of advertisers and the rising average spend per advertiser.
Consumer revenues, which are mainly derived from our subscription-based service, mobile game joint operation and interactive live entertainment, were RMB120.8 million (US$19.5 million) in the first quarter of 2015, a 706% enhance from the corresponding period in 2014. The growth was primarily attributable to the increasing user adoption of our consumer services as evidenced by expansion of subscriber base, growing paying users and average spend per user of our interactive live entertainment service, and increasing number of mobile game distributions.
Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables users to search, view, and share video content across various devices. The company’s services for users comprise online video content library comprising primarily of professionally produced content, counting television serial dramas, movies, current event reports, variety shows, and music videos.
Shares of First Niagara Financial Group Inc. (NASDAQ:FNFG), during its Monday’s current trading session gained 1.95%, and is now trading at $9.39, hitting its highest level.
First Niagara Financial Group, support of programs in community development, in addition to youth and education, comprised of 26,000 employee volunteer hours and more than $10 million in charitable giving last year.
The company recently released its 2014 community report, highlighting some of the more than 1,250 non-profit partners, programs and people that First Niagara worked with to enhance communities across New York State, Pennsylvania, Connecticut and Massachusetts.
In addition to First Niagara’s corporate and foundation grants totaling more than $10 million in 2014, the company’s employees donated nearly $450,000 to the United Way’s annual campaign, while local Employee Volunteer Councils held more than 250 events raising more than $110,000 for not-for-profit organizations and causes. The company also accomplished more than $155 million in community development loans to assist spark economic development activities and job creation across its four-state footprint.
First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses.
Finally, McEwen Mining Inc. (NYSE:MUX), lost -1.03% Monday.
On May 11, McEwen Mining stated financial results for the three months ended March 31, 2015(1). Stated earnings from mining operations were $17.2 million, with cash flow from operations of $5.6 million. Company’s gold equivalent production was 33,434 ounces at total cash costs and all-in sustaining costs of $674 and $948 per ounce. respectively.
McEwen Mining has a treasury of $17.3 million in cash, cash equivalents, precious metals and no bank debt.
McEwen Mining Inc. explores for, develops, produces, and sells precious and base metals in Argentina, Mexico, and the United States. It primarily explores for gold, silver, and copper. The company’s principal assets comprise of a 49% interest in the San José Mine in Santa Cruz, Argentina.
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