In March 2013, Oppenheimer Funds spent $81-104 million to purchase 6,39% of Yandex’s stock. As of March 1st, Oppenheimer Funds owned 7.63% of the stock. As of April 30th, the holding increased up to 11,17%, according to the SEC.
Just in 4 weeks Facebook lost several million users. Alternative social networks along with micro-blogs and apps seem to be taking users away from Facebook.
These days many traders may have additional earnings due to passive income. For this purpose, they do not have to do anything extraordinary, neither to delve into specifics of investment.
MasterCard Inc., the world-famous American multinational financial services corporation, saw its quarterly income boosting by 12,3% up to $766 million in Q1 2013. This is $6,25 per share against $5.38 per share seen last year.