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Stock Market & Financial Investment News

News Breaks
March 14, 2014
07:35 EDTQIHUQihoo 360 2016 core revenue can reach about $3.2B, says Stifel
After meeting with Qihoo 360's management, Stifel thinks the company's three main businesses - search, mobile games, and mobile ads - can generate about $3.2B of revenue in 2016. That would represent a three year CAGR of 68%, according to the firm, which keeps a $168 price target and Buy rating on the stock.
News For QIHU From The Last 14 Days
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November 13, 2014
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.

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