Yahoo! Inc. (NASDAQ:YHOO)- Stocks With Perfect Match: International Business Machines (NYSE:IBM), Sprint (NYSE:S)

Yahoo! Inc. (NASDAQ:YHOO) was among the mix trends movers as shares moved down -0.87% to $46.80. A Canadian judge denied on Tuesday bail to KarimBaratov, whom the United States wants to extradite to face charges of involvement in a massive hack of Yahoo email accounts, his lawyer said.

Prosecutors had argued the 22-year-old Canadian citizen posed a flight risk. The United States says Baratov worked with Russian intelligence agents who paid him to break into at least 80 email accounts, including those of specific targets with non-Yahoo accounts. The stock outstanding shares were 953.19. Having a prescribed look on price to sales ratio, that was 8.71.

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Shares of International Business Machines Corporation (NYSE:IBM) eased down -0.34% to finish at $170.62 in last run as The Weather Company, an IBM Business (NYSE:IBM) reported that it has collaborated with Samsung Electronics America, Inc. and the popular ride-sharing service Lyft to provide Made for Samsung app users with personalized transportation recommendations.

The new integration syncs Google calendar events with forecasts for a user’s selected location, providing the forecast for those specific events as well as the ability to get a Lyft to the event if they choose to do so. As part of this seamless experience, Made for Samsung App users will see a Lyft section in their event card. When a user clicks on the Lyft section they will be directed to the Lyft app (or the app store if the Lyft app is not installed) to book their ride.

As one of the initial launch partners of the Made for Samsung Developer Program last year, The Weather Channel collaborated with Samsung to co-develop a unique weather experience. The Weather Channel for Samsung app is an exclusive app designed for Samsung smartphones, including the soon-to-be-reported Galaxy S8 and Galaxy S8+, as well as Galaxy S7, Galaxy S7 edge, Galaxy S6, Galaxy S6 edge, Galaxy S6 edge+, and Galaxy Note5. With the expansion of the platform, The Weather Channel invites service providers to connect with its users in a new and engaging way by helping them better understand people’s needs throughout their day.

Looking toward firm’s returns performance, it has return on equity of 72.00% and returns on assets was calculated 10.10% with 3.95% year to date performance. The annual sales growth for the past five year was -5.70%.

How International Business Machines Corporation attracted investors to get BUY rating after this bullish run? Read Full Report Here

Sprint Corporation (NYSE:S) tries to make charm in street, as shares traded at $8.41 with an increase of 0.66% in last trading session. Sprint Corporation (NYSE:S) declared that it will release its fiscal 2016 fourth quarter financial results on Wednesday, May 3, 2017. The results will be posted at sprint.com/investors at approximately 7:30 a.m. ET. Sprint management will host a conference call at 8:30 a.m. ET to discuss the results. While past twelve months price to sales ratio recorded as 1.02 and price to cash ratio remained 5.52.

Why Sprint Corporation entered oversold zone after this report? Get Your Free Report Here

 

Steve Hart

Steve Hart is a longtime business journalist who has covered everything from municipal bonds to management, major banks and MBA programs. Prior to becoming a writer at Seneca Globe News, Steve Hart was a securities analyst and a budget and fiscal analyst. Steve can be reached at steve.hart@senecaglobe.com

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