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Stock Market & Financial Investment News

News Breaks
January 23, 2014
09:37 EDTQIHU, RENN, SINA, SOHU, BIDUChina blames hacking for outage, others suspect censorship changes, NYT says
Chinese authorities suggest that a widespread Internet outage in the country this week was caused by hackers, but others blame a malfunction of the government’s own "Great Firewall" censorship system for the issues, reported The New York Times yesterday. Reference Link
News For BIDU;SINA;QIHU;SOHU;RENN From The Last 14 Days
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November 20, 2014
17:40 EDTRENNRenren sees Q4 revenue down 44.6%-51.1% YoY to $15M-$17M
17:38 EDTRENNRenren reports Q3 revenue $21.6M, consensus $22.76M
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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
07:48 EDTSINAE-House provides additional capital for Shanghai Weidian
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November 14, 2014
10:00 EDTSINAOn The Fly: Analyst Downgrade Summary
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09:25 EDTSINASINA downgraded to Equal Weight from Overweight at Barclays
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09:16 EDTSINAOn The Fly: Pre-market Movers
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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
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 EDTSINANotable 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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