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Stock Market & Financial Investment News

News Breaks
February 7, 2013
10:19 EDTNTESNetEase.com gaps up after earnings beat, levels to watch
The shares are up over 7.2% at time of writing after the company turned in earnings last night that beat consensus by 19 cents per share. At the current price of $49.03, next resistance is at $49.71. Support is at $48.10, a prior pivot high. There is also a bullish, inverted, head and shoulders active on the daily chart, with upside to the $53 area possible if the pattern completes. A move below the 10-day average would void the pattern, which was last at $46.88.
News For NTES From The Last 14 Days
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May 20, 2013
10:11 EDTNTESOn The Fly: Analyst Upgrade Summary
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08:04 EDTNTESNetEase.com upgraded to Overweight from Neutral at HSBC
05:53 EDTNTESNetEase.com upgraded to Buy from Neutral at Citigroup
Citigroup upgraded NetEase.com citing the company's stable revenue growth and raised its price target for shares to $70 from $54.80.
May 15, 2013
18:04 EDTNTESNetEase.com announces annual dividend policy
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18:02 EDTNTESNetEase.com reports Q1 EPS $1.32, consensus $1.20
Reports Q1 revenue $363.6M, consensus $348.13M.
15:11 EDTNTESNotable companies reporting after market close
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May 14, 2013
17:48 EDTNTESLone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).

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