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Stock Market & Financial Investment News

News Breaks
January 15, 2013
08:29 EDTBIDU, QIHUKingsoft says in talks with independent third parties about possible disposal
Kingsoft Corporation made a voluntary announcement to The Stock Exchange of Hong Kong that the company is now in preliminary discussions with independent third parties relating to a possible disposal, but Kingsoft did not name the third parties. Kingsoft added, "If materialised, the possible disposal may or may not constitute a notifiable transaction for the Company. However, as at the date of this announcement, no definitive agreement has been reached and therefore the possible disposal may or may not materialise...The Company will make further announcement as and when required in accordance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited." The Fly notes that various tech blogs focused on China reported yesterday that Kingsoft was in talks with Baidu (BIDU) on a potential partnership, which would unite two competitors of Qihoo 360 (QIHU). Reference Link
News For BIDU;QIHU From The Last 14 Days
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May 20, 2013
16:02 EDTBIDUOptions Update; May 20, 2013
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09:58 EDTBIDURumor of Baidu in search deal with Sohu may be true, Forbes says
Rumors, citing an industry source, that Baidu (BIDU) has reached an agreement to purchase Sogou from Sohu.com (SOHU) in a complex swap transaction might be true, despite seemingly contradictory indications from Charles Zhang that seem to say that Sogou isn’t for sale, according to Forbes contributor Doug Young. Reference Link
09:50 EDTQIHUQihoo 360 price target raised to $48 from $42 at Maxim
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09:49 EDTBIDUBaidu rumored to be competing with Tencent to buy NetQin, TechinAsia says
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09:40 EDTBIDUActive equity option families trading
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09:26 EDTQIHUOn The Fly: Pre-market Movers
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09:00 EDTQIHUQihoo 360 rises 12.6%
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07:35 EDTQIHUQihoo 360 price target raised to $49 from $41 at Stifel
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07:29 EDTBIDUDeutsche Bank to host a conference
dbAccess Asia Conference 2013 is being held in Singapore on May 20-22.
05:54 EDTBIDUBaidu considers IPO for its video site, Bloomberg reports
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May 19, 2013
18:36 EDTQIHUQihoo 360 sees Q2 revenue $142M-$144M, consensus $121.47M
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18:35 EDTQIHUQihoo 360 reports Q1 EPS 14c, consensus 14c
Reports Q1 revenue $$109.9 , consensus $106.30M.
May 17, 2013
15:44 EDTQIHUQihoo 360 volatility flat into Q1 and outlook
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10:10 EDTBIDUBaidu rumored to acquire Sohu unit Sogou, Marbridge Daily reports
Baidu (BIDU) has entered into an agreement to acquire Sohu's (SOHU) online search subsidiary Sogou for $2.0B-$2.5B, Marbridge Daily reports, citing an industry source. Note Bloomberg this morning reported that Sohu is seeking a strategic investment in its online search subsidiary. Reference Link
10:02 EDTBIDUSohu.com seeking strategic for search unit, Bloomberg reports
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May 15, 2013
09:31 EDTBIDU, BIDUBaidu mentioned cautiously at OTR Global
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May 13, 2013
12:20 EDTQIHUOn The Fly: Midday Wrap
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09:43 EDTQIHUQihoo reportedly to buy Sohu search unit for $1.4B, Want China Times says
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May 10, 2013
16:01 EDTBIDUOptions Update; May 10, 2013
CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data.
12:32 EDTQIHUOptions with increasing implied volatility: SNTA BKS FIO QIHU VMED
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