Today’s Stocks : Weibo Corporation (NASDAQ:WB), Exelixis (NASDAQ:EXEL), Adobe (NASDAQ:ADBE), Magnum Hunter Resources Corp. (NYSE:MHR), Symetra Financial (NYSE:SYA)

Analysts at ISI Group initiated coverage on shares of Weibo Corp (NYSE:WB) in a research report issued to clients and investors on Tuesday.  Weibo Corporation (NASDAQ:WB) belongs to Technology sector. Its net profit margin is -36.20% and weekly performance is 1.88%. On last trading day company shares ended up $20.00. Weibo Corporation (NASDAQ:WB) distance from 50-day simple moving average (SMA50) is 2.17%. On July 31,2014 Exelixis, Inc. … Continue reading Today’s Stocks : Weibo Corporation (NASDAQ:WB), Exelixis (NASDAQ:EXEL), Adobe (NASDAQ:ADBE), Magnum Hunter Resources Corp. (NYSE:MHR), Symetra Financial (NYSE:SYA)

China Telecom Reaps Efficiency Gains in 1Q After 3G Assets Acquisition

Carrier China Telecom CHA increased first-quarter revenue 15% year over year to CNY 78 billion ($12.6 billion) thanks to strong mobile service revenue and handset sales. EBITDA grew at a much faster pace of 36%, as the firm benefited from scale efficiencies on its 3G network after it acquired the assets from its parent at the end of December. We are maintaining our narrow economic … Continue reading China Telecom Reaps Efficiency Gains in 1Q After 3G Assets Acquisition