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Stock Market & Financial Investment News

News Breaks
March 6, 2014
08:19 EDTCTRP, BIDUBaidu invests $300M in travel website, WantChinaTimes says
Chinese search engine Baidu (BIDU) has invested $300M in China's leading travel booking website, Qunar, according to WantChinaTimes, which cited Chinese-language newspaper Morning Post. The move has caused speculation that Qunar's rival, Ctrip.com (CTRP), could seek financial support from other major Chinese Internet players, WantChinaTimes stated. Reference Link
News For BIDU;CTRP From The Last 14 Days
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April 17, 2015
16:11 EDTBIDUOptions Update; April 17, 2015
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09:36 EDTBIDUActive equity options trading on open
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April 16, 2015
05:50 EDTBIDUReport: Baidu to launch online shopping mall platform, DigiTimes says
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April 14, 2015
09:35 EDTBIDUActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AMZN PBR SU NFLX ALU BIDU TSLA JNJ GE
April 10, 2015
10:56 EDTBIDUStocks with call strike movement; BIDU AAPL
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09:39 EDTBIDUActive equity options trading on open
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07:31 EDTBIDUChinaNet Online initiates O2O business project near Huaqiao University in China
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06:38 EDTBIDUChina using new weapon to censor Internet content, NY Times says
China has deployed a new weapon in its effort to prevent Chinese citizens from viewing foreign websites of which Beijing does not approve, according to The New York Times. Dubbed The Great Cannon, the new weapon enables the government to intercept foreign web traffic flowing to Chinese websites, inject malicious code, and redirect the traffic, the newspaper stated, adding that the technology could easily be used to spy on all users who obtain content hosted on a Chinese computer. Chinese Internet stocks include Baidu (BIDU), SINA (SINA), Wiebo (WB), and Sohu.com (SOHU). Reference Link
April 9, 2015
16:00 EDTBIDUOptions Update; April 9, 2015
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10:05 EDTCTRPCtrip.com participates in a breakfast meeting with Piper Jaffray
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09:36 EDTBIDUActive equity options trading on open
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08:00 EDTBIDUBaidu advertising boycott suspended by Putian Healthcare, Marbridge Daily says
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April 8, 2015
09:35 EDTBIDUActive equity options trading on open
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08:51 EDTBIDUHSBC expects Baidu and PHICC to reach an agreement shortly at HSBC
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April 7, 2015
10:05 EDTCTRPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Carnival (CCL) upgraded to Outperform from Market Perform at Wells Fargo... Crown Castle (CCI) upgraded to Buy from Hold at Evercore ISI... Ctrip.com (CTRP) upgraded to Overweight from Neutral at Piper Jaffray... Demandware (DWRE) upgraded to Conviction Buy from Buy at Goldman... FirstEnergy (FE) upgraded at BofA/Merrill... Frontier Communications (FTR) upgraded to Neutral from Underperform at DA Davidson... JPMorgan (JPM) upgraded to Outperform from Market Perform at Bernstein... Pattern Energy (PEGI) upgraded to Outperform from Market Perform at Raymond James... Ralph Lauren (RL) upgraded to Buy from Outperform at CLSA... ResMed (RMD) upgraded to Outperform from Neutral at Credit Suisse... Ryanair (RYAAY) upgraded to Overweight from Neutral at JPMorgan... Splunk (SPLK) upgraded to Overweight from Neutral at Piper Jaffray... Total (TOT) upgraded at RBC Capital... Verifone (PAY) upgraded to Buy from Hold at Stifel... XL Group (XL) upgraded to Buy from Neutral at UBS.
05:36 EDTCTRPCtrip.com upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Michael Olson upgraded Ctrip.com to Overweight saying the company is making the right investments to take further share of the Chinese travel market. Olson believes Ctrip.com's is positioned for margin expansion and that long-term investors should own the stock. He raised his price target for the name to $90 from $54. Shares of the hotel accommodations and airline tickets consolidator closed Monday at $61.17.
April 6, 2015
16:00 EDTBIDUOptions Update; April 6, 2015
iPath S&P 500 VIX Short-Term Futures down 51c to 24.53. Option volume leaders: AAPL TSLA VZ TWTR BIDU RIG NFLX AMZN KO PBR according to Track Data.

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