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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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November 26, 2014
10:14 EDTCTRPCtrip.com falls sharply after earnings, levels to watch
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10:11 EDTCTRPOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21Vianet (VNET) downgraded to Hold from Buy at Canaccord... Agrium (AGU) downgraded to Underperform from Neutral at BofA/Merrill... Cinemark (CNK) downgraded to Hold from Buy at Topeka... Copa Holdings (CPA) downgraded to Neutral from Overweight at JPMorgan... Ctrip.com (CTRP) downgraded to Equal Weight from Overweight at Barclays... Cubic (CUB) downgraded to Hold from Buy at Needham... Helix Energy (HLX) downgraded at Morgan Stanley... Louisiana-Pacific (LPX) downgraded to Underperform from Sector Perform at RBC Capital... U.S. Silica (SLCA) downgraded to Market Perform at Wells Fargo.
09:46 EDTCTRPCtrip.com downgraded to Neutral from Buy at UBS
08:49 EDTCTRPCtrip.com downgraded to Equal Weight from Overweight at Barclays
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07:19 EDTCTRPCtrip.com price target lowered to $64 from $74 at Brean Capital
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07:05 EDTCTRPCtrip.com downgraded to Market Perform from Outperform at Raymond James
05:37 EDTCTRPCtrip.com price target lowered to $49 from $55 at Piper Jaffray
Piper Jaffray lowered its price target for Ctrip.com shares to $49 saying the company's Q4 margin outlook suggests increasing competitive pressure. Piper says its "unclear" when the margin pressure will ease and reiterates a Neutral rating on the stock.
November 25, 2014
17:02 EDTCTRPCtrip.com sees Q4 revenue growth approximately 30% YoY, consensus $315.3M
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17:01 EDTCTRPCtrip.com reports Q3 adjusted EPS 36c, consensus 20c
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November 21, 2014
16:34 EDTCTRPRoyal Caribbean, Ctrip.com announce joint venture through SkySea Cruises
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09:36 EDTBIDUActive equity options trading
Active equity options trading according to Track Data: AAPL AMZN TSLA BIDU CLF DOW LVS BABA TWTR GILD
06:17 EDTCTRPCtrip.com initiated with an Overweight at HSBC
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November 19, 2014
08:46 EDTBIDUBaidu unit gets RMB 1.8B investment from Xiaomi, Marbridge Daily says
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November 17, 2014
08:27 EDTBIDUBaidu rumored to buy payment operator 99Bill, Marbridge Daily says
Baidu has struck a deal to acquire Chinese third-party payment provider 99Bill for RMB 2B, according to TechWeb, reported Marbridge Daily. Reference Link
November 13, 2014
09:54 EDTCTRP, BIDUCtrip.com rises 3.7% to $58.81 amid rumor of Baidu interest
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