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Stock Market & Financial Investment News

News Breaks
May 27, 2014
18:04 EDTQIHUQihoo 360 reports Q1 EPS 54c, consensus 34c
Reports Q1 revenue $265.1M, consensus $228.2M. Total monthly active users of Qihoo 360's PC-based products and services reached a record 479M in March 2014, compared to 457M in March 2013.
News For QIHU 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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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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