New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 23, 2014
09:33 EDTDANG, SOHU, YOKU, SINA, QUNR, BIDU, CTRPChina stocks drop after SEC accuses auditors of withholding documents
Shares of China Internet stocks are declining after the SEC accused auditors in the country of withholding documents. Selling off this morning at Baidu (BIDU), SINA (SINA), Ctrip.com (CTRP), Qunar (QUNR), Youku Tudou (YOKU), Sohu.com (SOHU) and Dangdang (DANG). Reference Link
News For BIDU;SINA;CTRP;QUNR;YOKU;SOHU;DANG From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 22, 2014
13:58 EDTSINASINA unit reportedly 'having problem' with assets sold, GeoInvesting says
Subscribe for More Information
December 18, 2014
10:05 EDTSINASINA call activity attributed to takeover speculation
Subscribe for More Information
09:55 EDTSINARumor: SINA strength attributed to takeover speculation
Subscribe for More Information
December 17, 2014
13:16 EDTBIDUBaidu, Uber confirm strategic partnership
Subscribe for More Information
06:12 EDTBIDUBaidu to take stake in Uber, Reuters reports
Subscribe for More Information
December 16, 2014
08:20 EDTQUNRQunar outlook has improved, says Pacific Crest
Subscribe for More Information
December 15, 2014
10:00 EDTSOHUOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:27 EDTSOHUOn The Fly: Pre-market Movers
HIGHER: Opko Health (OPK), up 13.1% after Pfizer (PFE) and OPKO Health enter into global agreement for hGH-CTP... Cirrus Logic (CRUS), up 7.5% after being upgraded to Overweight from Underweight at Barclays... PetSmart (PETM), up 4.7% after being acquired by BC Partners led consortium for $83 per share... Sohu.com (SOHU), up 3% after being upgraded to Overweight from Neutral at JPMorgan... Oracle (ORCL), up 2.2% after receiving FedRAMP provisional authority to operate. LOWER: Unwired Planet (UPIP), down 25.7% after commenting on Google (GOOG) Markman ruling... EXCO Resources (XCO), down 13% after suspending its dividend.
06:49 EDTSOHUSohu.com upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
05:38 EDTCTRPTuniu announces $148M investment in aggregate from group of investors
Tuniu (TOUR) announced that it has entered into a share subscription agreement with Unicorn Riches Limited, a special purpose vehicle of Hony Capital, JD.com E-commerceHong Kong Corporation Limited, a special purpose vehicle of JD.com (JD), Ctrip Investment Holding, a subsidiary of Ctrip.com (CTRP) and the respective personal holding companies of Tuniu's CEO and COO, pursuant to which Tuniu will issue and sell a total of $148M newly issued class A ordinary shares to the investors. Pursuant to the agreement, Unicorn Riches Limited, JD.com E-commerce Hong Kong Corporation Limited, Ctrip Investment Holding and the personal holding companies of Dunde Yu, Tuniu's chairman of the board and CEO, and Haifeng Yan, Tuniu's director and COO, agree to subscribe newly issued Class A ordinary shares of the company in the amount of $50M, $50M, $15M, $16.5M and $16.5M, respectively. The purchase price will be $4.02 per ordinary share, or the equivalent of $12.06 per ADS. The purchase price represents the average closing trading prices of the company's ADSs for the ten trading days prior to the signing of the agreement, adjusted for ADS-to-ordinary share ratio, and represents a small premium over the average of ADS closing trading prices in the last five trading days. This share issuance is made in reliance on, and in compliance with, Regulation S under the Securities Act of 1933, as amended. Each of the investors has agreed not to sell, transfer or dispose of any shares acquired in the transaction for six months after the closing. In addition, the company also announced that it has decided not to pursue its proposed registered public offering of ADSs and will withdraw the related registration statement on Form F-1 previously filed with the SEC on December 2.
December 12, 2014
09:35 EDTBIDUActive equity options trading
Subscribe for More Information
06:10 EDTBIDUBaidu to take stake in Uber, WSJ reports
Baidu (BIDU) will invest in cab service Uber Technologies, Wall Street Journal reports, citing a person familiar with the matter. Baidu said it plans to announce an investment in a U.S. startup on Dec. 17, the paper adds. Marbridge Daily yesterday reported that Baidu is rumored to invest up to $600M in Uber. Reference Link
December 11, 2014
16:04 EDTQUNRPAR Investment Partners reports 6.9% passive stake in Qunar
Subscribe for More Information
10:17 EDTBIDUCiti upbeat on Google in face of pending Apple decision on Safari
Subscribe for More Information
09:11 EDTBIDUBaidu rumored to invest up to $600M in Uber, Marbridge Daily says
Subscribe for More Information
08:09 EDTBIDUGoogle shares pricing in loss of Apple search deal, says Citigroup
Subscribe for More Information
December 10, 2014
12:09 EDTSINA, YOKUYouku Tudou rises slightly in down market after Credit Suisse upgrade
Subscribe for More Information
09:30 EDTYOKUYouku Tudou upgraded to Outperform from Neutral at Credit Suisse
Subscribe for More Information
09:25 EDTQUNRQunar management to meet with Pacific Crest
Subscribe for More Information
05:35 EDTCTRPTuniu, Ctrip.com sign strategic collaboration agreement
Tuniu (TOUR) announced that the company has signed a strategic agreement with Ctrip.com (CTRIP) to expand their collaboration on shared travel resources. In May, Ctrip acquired $15M of Tuniu Class A ordinary shares concurrent with Tuniu's IPO and currently owns over 3% of Tuniu's outstanding shares.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use