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Stock Market & Financial Investment News

News Breaks
February 26, 2014
08:13 EDTYOKU, QIHUQihoo 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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November 25, 2014
15:11 EDTQIHUQihoo 360 risk/reward favorable, says Nomura
Nomura said Qihoo 360's risk/reward is favorable following the largely in-line Q3 report and expects PC search monetization to drive 2015 growth. Shares are Buy rated.
12:19 EDTQIHUOn The Fly: Midday Wrap
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12:16 EDTQIHUQihoo 360 upgraded to Outperform from Neutral at Credit Suisse
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09:20 EDTQIHUOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Signet Jewelers (SIG), up 2.6%... Tiffany (TIF), up 4.8%... Nuance Communications (NUAN), up 5.1%... Brown Shoe (BWS), up 6.6%... Cracker Barrel (CBRL), up 3.1%... Qihoo 360 (QIHU), up 5.8%... DSW (DSW), up 7.3%. ALSO HIGHER: SinoCoking Coal (SCOK), up 27.9% after aboveground facility operating at 100% capacity. DOWN AFTER EARNINGS: Xcerra (XCRA), down 7.4%... Workday (WDAY), down 8.4%... Brocade (BRCD), down 3.8%... Post (POST), down 7.5%. ALSO LOWER: Wet Seal (WTSL), down 15.8% after announcing that it has not set a timetable for review of strategic and financial alternatives... Medgenics (MDGN), down 11.1% after 5.125M share Spot Secondary priced at $4.10... Pandora (P), down 3.7% after being downgraded to Underperform from Market Perform at FBR Capital... Cyberark Software (CYBR), down 3.7% after receiving multiple downgrades.
November 24, 2014
17:02 EDTQIHUQihoo 360 sees Q4 revenue $410M-$415M, consensus $405.08M
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17:01 EDTQIHUQihoo 360 reports Q3 adjusted EPS 63c, consensus 61c
Reports Q3 revenue $376.4M, consensus $365.35M.
15:20 EDTQIHUNotable companies reporting after market close
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15:14 EDTQIHUQihoo 360 technical notes before earnings
In recent weeks the shares have recovered from a 52-week low at $60.25 which was the conclusion of a downtrend that began in late August. A key area of support if news should disappoint would be at that low, with support below it at $58.22 on an extreme reaction to results or guidance. If the news exceeds expectations, the first resistance test may come at the area of several pivot lows at $74. A test up to $80, a strong resistance level, may be possible if the shares break out above $74. There is a large short-base in the name at over 10% of the float short which would add to buy-to-cover demand on a positive surprise.
14:37 EDTQIHUQihoo 360 looking to benefit from Internet of Things, WantChinaTimes says
Chinese Internet security firm Qihoo 360 is looking to obtain revenue from the emergence of the Internet of Things , 21st Century Business Review reported, according to WantChinaTimes. Internet breaches can now lead to financial losses and even the loss of lives, Qihoo 360 co-founder and president Qi Xiangdong said, the website reported. Reference Link
07:28 EDTQIHUQihoo 360 volatility elevated into Q3 and outlook
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November 21, 2014
14:53 EDTQIHUQihoo 360 volatility elevated into Q3 and outlook
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09:19 EDTYOKUYouku Tudou awarded MVNO license
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November 14, 2014
10:00 EDTYOKUOn The Fly: Analyst Downgrade Summary
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09:24 EDTYOKUYouku Tudou downgraded to Underweight from Neutral at HSBC
09:16 EDTYOKUOn The Fly: Pre-market Movers
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November 13, 2014
17:13 EDTYOKUYouku Tudou sees Q4 revenue RMB1.15B-RMB1.22B, consensus RMB1.21B
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17:10 EDTYOKUYouku Tudou reports Q3 adjusted EPS RMB(50c) , consensus RMB(82c)
Reports Q3 revenue RMB1.11B, consensus RMB1.10B.
15:18 EDTYOKUNotable companies reporting after market close
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13:56 EDTQIHUChina mobile game sector to grow slower in 2015, says Rosenblatt
Rosenblatt says Tencent reported below consensus numbers, particularly in mobile games, where revenue fell sequentially. The firm expects China's mobile game sector to grow slower in 2015 and remains on the sidelines with regards to shares of Sky-mobi (MOBI), China Mobile Games (CMGE) and iDreamSky (DSKY). Rosenblatt thinks Qihoo's(QIHU) mobile game distribution business will also be hurt by the slowing growth.
November 12, 2014
05:42 EDTYOKUYouku Tudou announces partnership with Xiaomi
Youku Tudou announced that it has entered into a strategic partnership with Xiaomi. The partnership aims to accelerate the development of its multi-screen media and entertainment ecosystem. The two companies will jointly develop content and technology, including developing multi-screen online video services. Xiaomi will invest in Youku Tudou by acquiring the latter's stock on the open market. It will also license content from Youku Tudou, and the two companies will jointly invest in the production and distribution of online video content and movies.

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