18.10.2013 14:00:00
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Financial Results, New Contracts, Stock Performance Update, Survey Results, and Scheduled General Meetings - Research Report on Yahoo, Youku, YY, ChinaCache, and j2 Global
NEW YORK, October 18, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Yahoo! Inc. (NASDAQ: YHOO), Youku Tudou Inc. (ADR) (NYSE: YOKU), YY Inc. (ADR) (NASDAQ: YY), ChinaCache International Holdings Ltd. (ADR) (NASDAQ: CCIH), and j2 Global Inc. (NASDAQ: JCOM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Yahoo! Inc. Research Report
On October 15, 2013, Yahoo! Inc. (Yahoo) reported its Q3 2013 financial results. The Company's revenue declined 5.2% YoY to $1.1 billion during the quarter. Net income attributable to Yahoo was $296.7 million or $0.28 per diluted share in Q3 2013, down compared to net income of $3.2 billion or $2.64 per diluted share in Q2 2012. Commenting on the results, Yahoo's CEO, Marissa Mayer, said, "I'm very pleased with our execution, especially as we've continued to invest in and strengthen our core business. In Q3, we launched new user experiences across many of our digital daily habits -- Yahoo Screen, My Yahoo, Fantasy Sports, and more. Now with more than 800 million monthly users on Yahoo -- up 20 percent over the past 15 months -- we're achieving meaningful increases in user engagement and traffic." The Full Research Report on Yahoo! Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5cdb_YHOO]
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Youku Tudou Inc. (ADR) Research Report
On October 11, 2013 Youku Tudou Inc. (ADR) (Youku) announced that the Company will hold its 2013 annual general meeting of shareholders at Suite 3206, The Centrium, 60 Wyndham Street, Central, Hong Kong on Monday, October 28, 2013, beginning at 4:45 p.m.Hong Kong time. According to Youku, holders of Youku Tudou Class A Shares as well as Class B shares of record on the close of business on September 16, 2013 are entitled to receive notice of the annual general meeting or any adjournment or postponements thereof. In addition, beneficial owners of Youku's American Depository Shares (ADS) are also welcome to attend the annual general meeting. The Company further informed that no proposal will be submitted for shareholder approval at the annual general meeting, instead the meeting will serve as an open forum for shareholders and beneficial owners of the Company's ADSs to discuss company affairs with management. The Full Research Report on Youku Tudou Inc. (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/edab_YOKU]
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YY Inc. (ADR) Research Report
On October 15, 2013, YY Inc.'s (ADR) (YY) stock edged higher to end the day at $50.44, which is 0.72% higher than the previous day's closing price of $50.08. Over the previous three trading sessions, shares of YY have gained 7.30%, outperforming the Nasdaq Composite that gained 0.88% during the same period. The Full Research Report on YY Inc. (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e072_YY]
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ChinaCache International Holdings Ltd. (ADR) Research Report
On October 10, 2013, ChinaCache International Holdings Ltd. (ChinaCache) announced that it has signed a contract with SmarTone Telecommunications Holdings Limited (SmarTone), a provider of 3G and 4G wireless communications services with operating subsidiaries in Hong Kong and Macau. ChinaCache stated that under the terms of the agreement, the Company will provide content and application delivery solutions including its Content Pull-in Services (CPIS) to SmarTone to improve the accessibility of Mainland China-originated content for SmarTone's end users, reduce cross-border data transmission costs and enhance overall end-user experience. Mr. Song Wang, Founder, Chairman and CEO of ChinaCache, said, "The demand for Mainland China-originated Internet content is growing rapidly in Hong Kong and other parts of Asia. ChinaCache will continue to work with carriers throughout the region to allow their subscribers access to this content quickly and securely through the use of our cost-effective, easy to implement technology solution."The Full Research Report on ChinaCache International Holdings Ltd. (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7036_CCIH]
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j2 Global Inc. Research Report
On October 1, 2013, j2 Global Inc. (j2 Global) announced the results of a national survey of consumers commissioned by Campaigner, the Company's email marketing and CRM brand, on mobile email and m-commerce behaviors. According to the Company, the survey revealed that the millennial generation (age 18-34) makes most purchases directly from mobile marketing emails than any other generation and hence they are emerging as the hot demographic for retailers to win over for mobile purchases during the upcoming holiday season. The Company added that nearly nine in 10 (85.7%) of the millennials that own mobile devices use email on their mobile phone and, to date, more have made purchases directly from a mobile marketing email than any other generations. However, the Campaigner survey also revealed that the holiday season may also be the toughest time for retailers to break through to millennials, as nearly 70% of millennial are indifferent to, or are unengaged with the mobile content they receive during the holiday shopping season. The Full Research Report on j2 Global Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2e5f_JCOM]
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