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Stock Market & Financial Investment News

News Breaks
December 3, 2013
08:34 EDTQUNRQunar promotes Denise Peng to COO
Qunar announced the appointment of Denise Peng as the company's COO effective December 2. Prior to her promotion to COO, Peng served as Qunar's executive vice president responsible for the company's sales and marketing.
News For QUNR From The Last 14 Days
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April 8, 2014
16:21 EDTQUNROn The Fly: Closing Wrap
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12:12 EDTQUNROn The Fly: Midday Wrap
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10:51 EDTQUNRCtrip, Qunar rise after Bloomberg says travel sites in deal talks
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09:09 EDTQUNROn The Fly: Pre-market Movers
HIGHER: BioScrip (BIOS), up 6.7% after stock was named as a stock pick and a potential takeover target by Oscar Schafer while speaking on CNBC... Nokia (NOK), up 5% after deal to sell substantially all of its Devices & Services business to Microsoft (MSFT) receives regulatory approval in China... Ctrip.com (CTRP), up 4.6% after Bloomberg said, citing sources, that the company is in talks with Baidu-controlled (BIDU) Qunar (QUNR) about a partnership or a potential merger... Plug Power (PLUG), up 4.6% after CEO discusses plan to expand fuel cells to trucks in interview... FireEye (FEYE), up 2.5% following upgrade at Wedbush... Twitter (TWTR), up 2% following initiation of coverage with a Buy rating at at Janney Capital... Nike (NKE), up 1.75% after upgraded at Stifel. LOWER: Gigamon (GIMO), down 23% after lowering revenue outlook, shares downgraded at Pacific Crest... LivePerson (LPSN), down 3% after announcing resignation of EVP, Worldside Sales, shares downgraded at Benchmark... Cisco (CSCO), down 0.5% following downgrade to Hold from Buy at Wunderlich.
07:22 EDTQUNRQunar, Ctrip.com in talks on potential merger, Bloomberg says
Chinese travel websites Qunar (QUNR) and Ctrip.com (CTRP) are in talks on a range of possibilities, from a partnership to a full merger, according to Bloomberg, citing two people with direct knowledge of the talks. Qunar, which went public last year in the U.S., is majority owned by Chinese search giant Baidu (BIDU), which recently had over 58% of voting power via its stake. Reference Link

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