Yahoo! Inc. (NASDAQ:YHOO) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -0.07% to 43.68 with about 6.26 Million shares have changed hands in this session. Yahoo (YHOO) revealed that revamped version of its mobile news application, using both algorithms and user choices to deliver the most relevant updates with a social twist. Called Yahoo Newsroom, and tailored for mobile devices powered by Android or Apple operating systems, it is Yahoo’s recent move to counter Facebook and other Internet giants as a key place for news updates.
The application uses algorithms in the same manner as Google and Facebook in delivering personalized news, but also enables users to adjust the content and offer their own views. The stock is going forward its fifty-two week low with 67.04% and lagging behind from its 52-week high price with -2.76%.
Same, the positive performance for the quarter recorded as 15.74% and for the year was 37.06%, while the YTD performance remained at 31.33%. YHOO has Average True Range for 14 days of 0.81.
Monster Worldwide, Inc. (NYSE:MWW) [Trend Analysis] retains strong position in active trade, as shares scoring -0.57% to $3.49 in a active trade session, while looking at the shares volume, about 608787 shares have changed hands in this session. Monster Worldwide Inc. (MWW) reported that it anticipates income from continuing operations for the third quarter ended September 30, 2016 to be in the range of $143 million to $145 million. This result is down about 14% from third quarter 2015 income of $167.1 million.
“While we are gaining traction in North America as a result of our new product initiatives and pay per click business, the continued pressure on our core traditional product offerings combined with the weakness in bookings in previous quarters has resulted in a decline in third quarter 2016 income in North America of 16% on a year over year basis,” stated Tim Yates, CEO, Monster Worldwide. The firm noted that it intends to release complete results for the third quarter of 2016 on October 21, 2016. The firm has institutional ownership of 95.50%, while insider ownership included 14.20%. MWW attains analyst recommendation of 3.50 with week’s performance of -1.69%. Investors looking additional ahead will note that the Price to next year’s EPS is 188.89%.