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Stock Market & Financial Investment News

News Breaks
February 26, 2014
08:13 EDTQIHU, YOKUQihoo 360, Youku Tudou rumored to form video partnership, Marbridge Daily says
Youku Tudou (YOKU) is said by "an industry insider" to have formed an online video partnership with Qihoo 360 (QIHU), reported Marbridge Daily, citing Sohu IT. Reference Link
News For QIHU;YOKU From The Last 14 Days
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July 31, 2015
10:58 EDTQIHUOptions with increasing implied volatility: CONN WPZ QIHU
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July 30, 2015
10:13 EDTQIHUOptions with increasing implied volatility
Options with increasing implied volatility: ESPR SRPT CX RAX YY SPLK QIHU HFC OWW BBY
06:21 EDTQIHUQihoo 360's plan to go private to save business, WSJ reports
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July 29, 2015
10:41 EDTQIHUOptions with increasing implied volatility
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10:27 EDTQIHUOptions with decreasing implied volatility
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July 27, 2015
11:22 EDTYOKUAnalyst says Chinese Internet firms seeing 'healthy' consumer demand
Chinese Internet stocks are among the many classes of Chinese stocks traded in New York that are weak this morning, though research firm Pacific Crest wrote in a note to investors today that after traveling to China and conducting checks, the firm is more upbeat on e-commerce company 58.com (WUBA), online travel agency Qunar (QUNR) and online video company Youku Tudou (YOKU). WHAT'S NEW: After speaking with Chinese advertising and e-commerce companies, as well as with Chinese companies that are exposed to online services, Pacific Crest analyst Cheng Cheng believes that consumer demand for Internet products and services is "stable and healthy." The decline in the stocks of Chinese Internet companies has created buying opportunities, Cheng believes. He identified 58.com and Qunar as his favorite picks in the sector heading into second quarter results. Both stocks have declined about 20% over the last 1-2 months, but the core businesses of both companies are accelerating, the analyst stated. Specifically, most of 58.com's end markets "are showing strong or at least healthy underlying demand," while Qunar is poised to benefit from an acceleration of demand for its hotel rooms, the analyst believes. Meanwhile, Youku is benefiting from strong demand from advertisers, wrote Cheng, who kept Overweight ratings on 58.com and Qunar and maintained a Sector Weight rating on Youku. WHAT'S NOTABLE: Cheng added that he remains "positively biased" towards Baidu (BIDU) and Alibaba (BABA). Baidu is slated to report its second quarter results tonight. He kept Overweight ratings on both stocks. PRICE ACTION: In late morning trading, 58.com slid 4.6% to $62, Qunar retreated 5.7% to $40.65 and Youku fell 4.7% to $19.20 amid broad weakness in Chinese stocks trading in New York after China's home Shanghai composite index fell 8.5% overnight.
08:43 EDTYOKUChina Internet consumer demand stable, healthy, says Pacific Crest
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July 23, 2015
10:08 EDTQIHUOptions with decreasing implied volatility
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July 22, 2015
10:15 EDTQIHUOptions with decreasing implied volatility
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