News Breaks |
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| August 31, 2012 |
| 09:11 EDT |  | QIHU | Qihoo 360 purchases new office premises in Beijing
Qihoo 360 Technology announced that its subsidiaries recently entered into definitive agreements with a subsidiary of Beijing Electronic Zone Investment and Development Co., Ltd to purchase new office premises with an area of approximately 69,205 square meters in Chaoyang District, Beijing, China, for a total cash consideration of $218M. The premises will be used as the Company's new principal office to meet the demand arising from the Company's business expansion and increase in headcount. The Company's current leased principal offices will undergo major re-construction according to the municipality's urban redevelopment plan. The Company plans to fund the purchase primarily through its operating cash flow and cash reserves and pay in installments upon completion of various milestones in accordance with the agreements. Cash payments related to the purchase for 2012, 2013 and 2014 are approximately $22M, $113M, and $82M, respectively. |
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News For QIHU From The Last 14 Days Check below for free stories on QIHU the last two weeks. |
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| May 20, 2013 |
| 09:50 EDT |  | QIHU | Qihoo 360 price target raised to $48 from $42 at Maxim
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| 09:26 EDT | | QIHU | On The Fly: Pre-market Movers
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| 09:00 EDT |  | QIHU | Qihoo 360 rises 12.6%
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| 07:35 EDT | | QIHU | Qihoo 360 price target raised to $49 from $41 at Stifel
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| May 19, 2013 |
| 18:36 EDT |  | QIHU | Qihoo 360 sees Q2 revenue $142M-$144M, consensus $121.47M
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| 18:35 EDT | | QIHU | Qihoo 360 reports Q1 EPS 14c, consensus 14c
Reports Q1 revenue $$109.9 , consensus $106.30M. |
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| May 17, 2013 |
| 15:44 EDT |  | QIHU | Qihoo 360 volatility flat into Q1 and outlook
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| May 13, 2013 |
| 12:20 EDT |  | QIHU | On The Fly: Midday Wrap
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| 09:43 EDT |  | QIHU | Qihoo reportedly to buy Sohu search unit for $1.4B, Want China Times says
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| May 10, 2013 |
| 12:32 EDT | | QIHU | Options with increasing implied volatility: SNTA BKS FIO QIHU VMED
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| May 9, 2013 |
| 10:07 EDT | | QIHU | Sohu search biz reportedly sought by Baidu, others, TechCrunch says
Baidu (BIDU), Tencent and Qihoo 360 (QIHU) are rumored to be competing to buy Sohu.com‘s (SOHU) search business, Sogou, according to TechCrunch, citing a Chinese language report that points to "unnamed sources in the investment industry." Sogou's CEO has denied the report as "unreliable” on his Sina Weibo account, the report noted. Reference Link |
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