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News For SINA;BIDU From The Last 14 Days Check below for free stories on SINA;BIDU the last two weeks. |
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| May 20, 2013 |
| 16:02 EDT |  | BIDU | Options Update; May 20, 2013
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| 09:58 EDT |  | BIDU | Rumor 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 |
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| 09:49 EDT | | BIDU | Baidu rumored to be competing with Tencent to buy NetQin, TechinAsia says
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| 09:40 EDT | | BIDU | Active equity option families trading
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| 07:29 EDT |  | BIDU | Deutsche Bank to host a conference
dbAccess Asia Conference 2013 is being held in Singapore on May 20-22. |
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| 05:54 EDT | | BIDU | Baidu considers IPO for its video site, Bloomberg reports
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| May 17, 2013 |
| 10:10 EDT | | BIDU | Baidu 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 |
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| 10:02 EDT |  | BIDU | Sohu.com seeking strategic for search unit, Bloomberg reports
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| 09:08 EDT |  | SINA | SINA recommended at 86 Research
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| 05:44 EDT | | SINA | SINA shares still undervalued on Alibaba deal, says Piper Jaffray
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| May 16, 2013 |
| 18:56 EDT | | SINA | On The Fly: After Hours Movers
UP AFTER EARNINGS: SINA (SINA), up 4.2%. ALSO HIGHER: Kansas City Southern (KSU), up 1.6% after it was announced the company would replace Dean Foods (DF) in the S&P 500 on May 23. DOWN AFTER EARNINGS: Autodesk (ADSK), down 6.5% after earnings, guiding its second quarter below expectations... Aruba Networks (ARUN), down 17.1% after earnings, guiding its fourth quarter below expectations... Nordstrom (JWN), down 3.5%... J.C. Penney (JCP), down 1.7%... Brocade (BRCD), down 2.4% after earnings, guiding its third quarter below expectations. |
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| 17:18 EDT |  | SINA | SINA trades higher after earnings beat, first look
The stock is up over 4.7% to $61.58 in the extended session. At that price, next resistance is at $62.52, and then at $63.10. Support is at $60.84. |
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| 17:04 EDT |  | SINA | SINA sees Q2 revenue $143M-$147M, consensus $142.66M
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| 17:02 EDT | | SINA | SINA reports Q1 EPS 2c, consensus (3c)
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| 15:14 EDT | | SINA | Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Dell (DELL), consensus 35c; Applied Materials (AMAT), consensus 13c; Nordstrom (JWN), consensus 76c; Autodesk (ADSK), consensus 45c; J. C. Penney (JCP), consensus (86c); SINA (SINA), consensus (3c); ViaSat (VSAT), consensus 2c; Brocade Communications (BRCD), consensus 15c; Aruba Networks (ARUN), consensus 15c. |
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| May 15, 2013 |
| 13:55 EDT | | SINA | SINA May call volatility elevated at 113 into Q1 and outlook
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| 12:58 EDT | | SINA | China closing influential microblog accounts, The Guardian reports
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| 12:22 EDT | | SINA | Earnings Preview: SINA shares up close to 11.5% since last earnings report
SINA (SINA) is expected to report Q1 earnings after the market close on Thursday, May 16 with a conference call scheduled for 9:00 pm ET. SINA is an online media company that enable Internet users to access professional media and user generated content through multimedia formats from the Web and mobile devices. EXPECTATIONS: Analysts are looking for EPS of (3c) on revenue of $117.54M. The consensus range is (9c)-5c for EPS, and $114.8M-$123.7M for revenue, according to First Call. LAST QUARTER: SINA reported Q4 EPS 13c against estimates of 5c on revenue of $134.4M against estimates of $133.86M. The company also gave Q1 revenue guidance of $115M-$119M. On the same day, it announced the promotion Jack Xu to CTO and COO Hong Du to COO and co-president. STREET RESEARCH: In the past quarter, SINA announced an agreement on a strategic alliance with Alibaba that is expected to generate $380M in advertising and social commerce services revenue in aggregate for Weibo over the next three years. Alibaba also announced that it invested $586M for 18% stake in Weibo. Following the announcement, the company's price target was raised at Piper Jaffray and it was upgraded at Jeffries and Goldman. The analyst firms expected better Weibo monetization and accelerated revenue following the alliance. Citigroup, on the other hand, said the deal does not solve issues involving strategic challenges that lie ahead, including mobile disruption, declines in portal and social media lags. Ahead of Q1 earnings, TH Capital said 1H13 could be better than expected and maintained its Buy rating because the Alibaba partnership could accelerate Weibo's monetization to a "meaningful level." IT added that Weibo could show its strength and upside in 2H13 and could bridge the gap between market valuation and underlying value of its assets. PRICE ACTION: SINA shares have gained close to 11.5% since the first day of trading following the company's Q4 report. In midday trading ahead of its Q1 report, SINA is trading slightly up at 0.8% |
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| 09:31 EDT | | BIDU, BIDU | Baidu mentioned cautiously at OTR Global
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| May 14, 2013 |
| 05:53 EDT | | SINA | Web browsers are being reinvented, WSJ reports
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