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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:16 EDTQUNR, CTRPCtrip.com price target lowered to $42 from $56 at Piper Jaffray
Piper Jaffray lowered its price target for Ctrip.com (CTRP) shares to $42 citing the "intensely" promotional and competitive Chinese travel environment. Piper notes shares are down 20% since competitor Qunar (QUNR) announced on January 3 that it has the number one mobile app for air-ticket booking. The firm keeps a Neutral rating on shares of Ctrip.
News For CTRP;QUNR From The Last 14 Days
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January 31, 2016
20:43 EDTCTRPOn The Fly: Top five weekend stock stories
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Coca-Cola (KO) announced a minority stake in diary and juice company Chi, with plans to take full ownership within three years. 2. Billionaire investor Nelson Peltz is considering taking an activist position in Time Warner (TWX), the New York Post reported. 3. Toyota (TM) could temporarily halt domestic production after an explosion at a key supplier curbed its supply of steel, Reuters said. 4. Investigations into Herbalife (HLF), as well as investigations into Bill Ackman himself, have fizzled and criminal charges look unlikely, the Wall Street Journal revealed. 5. Virtu Financial (VIRT) and Ctrip (CTRP) were discussed positively by Barron's this week, as well as "tech bargains" Autodesk (ADSK), Akamai (AKAM), Western Digital (WDC), SanDisk (SNDK) and Lam Research (LRCX) and attractive banking stocks Citi (C), JPMorgan (JPM), Bank of America (BAC) and Wells Fargo (WFC).
14:02 EDTCTRP, QUNRCtrip shares could rise 30% in a year, Barron's says
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