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Stock Market & Financial Investment News

News Breaks
April 2, 2014
10:39 EDTTCEHY, DANGMore Taiwanese Web surfers using Chinese e-commerce sites, WantChinaTimes says
The percentage of Taiwanese Internet users who shopped on Chinese e-commerce websites jumped to 50% last year, an increase of 11.9% from 2012, according to a survey conducted by a Taiwanese firm, WantChinaTimes. Chinese e-commerce companies with stocks that trade on U.S. exchanges include Dangdang (DANG) and Tencent (TCEHY). Reference Link
News For DANG;TCEHY From The Last 14 Days
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May 6, 2015
06:21 EDTTCEHYFacebook could be potential buyer of Nokia Here service, TechCrunch reports
Facebook (FB) quietly signed a deal with Nokia (NOK) under which Nokia's Here mapping service will power maps on Facebook's mobile web version, TechCrunch reports. Facebook is additionally running a test for Here to power location in Instagram and Messenger, the publication says. Sources say Facebook is a potential buyer of Nokia's Here unit, which has an estimated value of $2B; other potential buyers for Nokia Here may include Apple (AAPL), Samsung (SSNLF), Baidu (BIDU), Alibaba (BABA), Tencent (TCEHY), Yahoo (YHOO) and a car consortium, the sources say. Reference Link
May 4, 2015
15:54 EDTTCEHYFacebook tests Nokia 'HERE' map service, TechCrunch says
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April 30, 2015
08:51 EDTTCEHYGlu Mobile investment by Tencent has strategic potential, says Cowen
Cowen said Glu Mobile (GLUU) reported "impressive" Q1 results and also noted its key partnership with Tencent and announcement that Britney spears will be joining its list of celebrity game personalities. The firm believes the Tencent (TCEHY) deal has strategic potential and highlights Glu's undervaluation. Cowen reiterated its Outperform rating and $10 price target on Glu Mobile shares, which are up 27% to $6.84 in pre-market trading.
April 29, 2015
16:22 EDTTCEHYGlu Mobile up 17% after reporting Q1 results, deal with Tencent
16:18 EDTTCEHYTencent to purchase 21M shares of Glu Mobile stock for $6.00 per share
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April 24, 2015
12:33 EDTTCEHYThree tech giants likely to enter mobile medical sector, WantChinaTimes says
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April 23, 2015
15:38 EDTTCEHYEarnings Watch: Citi says sell Microsoft shares, Wells Fargo sees outperformance
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