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Stock Market & Financial Investment News

News Breaks
May 29, 2014
11:21 EDTACI, QIHUStocks with call strike movement; ACI QIHU
Arch Coal (ACI) October 4.5 call option implied volatility decreased 4% to 50, Qihoo 360 (QIHU) September 20 call option implied volatility increased 2% to 51 according to IVolatility.
News For ACI;QIHU From The Last 14 Days
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July 31, 2014
06:44 EDTQIHUThe9, Qihoo 360 form joint venture
The9 (NCTY) announced that The9 and Qihoo 360 (QIHU) entered into an agreement to form a joint venture. Pursuant to the joint venture agreement, The9 and Qihoo 360 will each own 50% equity interest in the joint venture and share profits according to this ratio. The9 and Qihoo 360 agreed that the joint venture will publish and operate Firefall, a game developed by a subsidiary of The9, for a three-year term in China and may be renewed for additional two years upon satisfaction of certain conditions. The license and distribution agreement will be signed separately between the joint venture and the developer.
July 29, 2014
07:46 EDTACIArch Coal reports Q2 adj. EPS (46c), consensus (49c)
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07:42 EDTQIHUQihoo 360 rumored to establish gaming venture with The9, Marbridge Daily says
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July 28, 2014
11:49 EDTQIHUStocks with call strike movement; PBR QIHU
Petrobras (PBR) November 19 call option implied volatility increased 4% to 50, Qihoo 360 (QIHU) December 115 call option implied volatility decreased 2% to 49 according to IVolatility.
July 21, 2014
16:19 EDTACIArch Coal idles Cumberland River coal complex, eliminates 213 full-time jobs
Arch Coal announced that it is idling the Cumberland River Coal Company complex. The Cumberland River complex comprises two underground operations and related facilities. 213 full-time positions will be eliminated by idling Cumberland River. "With this move, we are actively responding to currently challenged metallurgical coal markets while striving to enhance our overall competitive cost position in Appalachia," said John Eaves, Arch's president and CEO. "Our strategy is to increasingly shift our portfolio toward higher-margin, lower-cost metallurgical coal operations, while retaining our valuable reserves for when market conditions strengthen in the future."
July 18, 2014
08:45 EDTQIHUDefined mobile strategy could serve as catalyst for Qihoo 360, says UBS
UBS is optimistic about Qihoo 360's growth momentum in search and mobile, but believes a better defined mobile strategy could serve as a catalyst for the shares. The firm sees a margin squeeze in Q2 but an anticipated pickup in search monetization should support margin recovery. UBS has a Buy rating with a $155 price target on Qihoo.

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