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Stock Market & Financial Investment News

News Breaks
March 3, 2014
06:57 EDTLAS, SOHULentuo International enters partnership with Sohu Auto
Lentuo International (LAS) announced that it has signed an agreement with Sohu Auto, a business unit of Sohu.com (SOHU), to create a fully integrated online-to-offline platform for pre-owned cars in China. Sohu Auto will act as online marketing partner for this platform. The platform will expand Lentuo's ability to reach a larger group of car buyers and allow it to meet the demand from younger Chinese who increasingly shop for cars on the internet. Under the terms of the agreement, Lentuo will act as the exclusive after-sales service provider for pre-owned cars certified by Sohu as long as Lentuo meets Sohu's standards. On the physical side of the platform, Lentuo announced on February 18 that it will convert an existing new car showroom in South Beijing into an integrated pre-owned flagship store for mid-to-high end cars. The online side of the platform will leverage Sohu Auto's technological knowledge and IT resources to enhance the O2O platform and build big data analytical tools. The two parties plan to expand the platform to the rest of the country in the future.
News For LAS;SOHU From The Last 14 Days
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July 28, 2014
09:17 EDTSOHUOn The Fly: Pre-market Movers
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05:16 EDTSOHUSohu.com sees Q3 EPS (85c)-(75c), consensus (97c)
Sees Q3 revenue $427M-$442M, consensus $451.35M. Sees Q3 brand advertising revenues to be $148M-$153M; this implies a sequential increase of 11%-15% and an annual increase of 19%-23%. Sees Q3 Sogou revenues to be between $100M-$105M; this implies a sequential increase of 10%-15% and an annual growth of 76%-84%. Sees Q3 online game revenues to be between $158M-$163M; this implies a sequential increase of 3%-6 % and an annual decrease of 2% to an annual increase of 1%.
05:11 EDTSOHUSohu.com reports Q2 adjusted EPS (88c), consensus ($1.38)
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July 25, 2014
10:27 EDTSOHUSohu.com technical comments ahead of earnings
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July 24, 2014
10:54 EDTSOHUChina's Weibo, Jumei advance after Citi starts coverage with Buy ratings
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09:30 EDTSOHUSohu.com initiated with a Buy at Citigroup
Target $66.
07:49 EDTSOHUSohu.com August volatility elevated at 50 into Q2
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July 21, 2014
10:49 EDTSOHUBaidu advances following Morgan Stanley upgrade
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