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Stock Market & Financial Investment News

News Breaks
January 24, 2014
08:28 EDTYOKU, BIDU, SINA, RENN, QIHUSEC decision does not materially affect U.S. companies, says Maxim
Maxim notes that on Wednesday, a judge of the SEC ruled that the China affiliates of the top four U.S. accountancy firms had violated the Sarbanes-Oxley Act and that they should be barred from practicing in the U.S. for six months. The firm believes the auditing process of U.S.-listed Chinese companies will most likely maintain status quo and does not expect a material impact on the China-based companies it follows, namely Baidu (BIDU), Qihoo 360 (QIHU), SINA (SINA), Youku Tudou (YOKU) and Renren (RENN).
News For BIDU;QIHU;SINA;YOKU;RENN From The Last 14 Days
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November 14, 2014
08:04 EDTSINASINA price target lowered to $60 from $70 at Piper Jaffray
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07:58 EDTSINASINA downgraded at Stifel
As noted earlier, Stifel downgraded SINA to Hold from Buy and removed the stock from its Select List. The firm downgraded the stock based on a lack of positive catalysts.
07:20 EDTSINASINA downgraded to Hold from Buy at Stifel
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07:15 EDTSINASINA price target lowered to $58 from $67 at Brean Capital
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06:22 EDTSINAStocks with implied volatility above IV index mean; SPLS SINA
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November 13, 2014
17:13 EDTYOKUYouku Tudou sees Q4 revenue RMB1.15B-RMB1.22B, consensus RMB1.21B
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17:10 EDTYOKUYouku Tudou reports Q3 adjusted EPS RMB(50c) , consensus RMB(82c)
Reports Q3 revenue RMB1.11B, consensus RMB1.10B.
16:34 EDTSINASINA expects Q4 revenue $204M-$210M, consensus $214.75M
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16:33 EDTSINASINA reports Q3 EPS 19c, consensus 17c
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15:36 EDTSINASINA technical comments ahead of earnings
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15:29 EDTSINASina Corp November weekly 42 straddle priced for 6.2% move into Q3
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15:18 EDTSINA, YOKUNotable companies reporting after market close
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13:56 EDTQIHUChina mobile game sector to grow slower in 2015, says Rosenblatt
Rosenblatt says Tencent reported below consensus numbers, particularly in mobile games, where revenue fell sequentially. The firm expects China's mobile game sector to grow slower in 2015 and remains on the sidelines with regards to shares of Sky-mobi (MOBI), China Mobile Games (CMGE) and iDreamSky (DSKY). Rosenblatt thinks Qihoo's(QIHU) mobile game distribution business will also be hurt by the slowing growth.
09:54 EDTBIDUCtrip.com rises 3.7% to $58.81 amid rumor of Baidu interest
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November 12, 2014
14:53 EDTSINASINA weekly volatility elevated into Q3 and outlook
SINA November weekly call option implied volatility is at 107, December is at 41, January is at 39; compared to its 26-week average of 46 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on November 13.
05:42 EDTYOKUYouku Tudou announces partnership with Xiaomi
Youku Tudou announced that it has entered into a strategic partnership with Xiaomi. The partnership aims to accelerate the development of its multi-screen media and entertainment ecosystem. The two companies will jointly develop content and technology, including developing multi-screen online video services. Xiaomi will invest in Youku Tudou by acquiring the latter's stock on the open market. It will also license content from Youku Tudou, and the two companies will jointly invest in the production and distribution of online video content and movies.
November 11, 2014
09:37 EDTBIDUActive equity options trading
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November 10, 2014
09:27 EDTBIDU, YOKUXiaomi rumored to mull stakes in Youku Tudou, Baidu unit, Marbridge Daily says
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08:20 EDTBIDUBaidu subsidiary to buy 1,000 US films in 2015
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06:09 EDTBIDULightInTheBox, Baidu Dianxin form strategic partnership
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