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News Breaks
June 13, 2014
08:00 EDTSFUNSouFun price target lowered to $15 from $18 at Brean Capital
Brean Capital lowered its price target on SouFun to $15 from $18 citing the company's aggressive plan announced yesterday to maintain its market standing in listing services and soften its recent resistance by secondary listing agencies. The firm expects top line growth and margins to be negatively impacted, but continues to view it as a long-term story for investors and keeps its Buy rating on the stock.
News For SFUN From The Last 14 Days
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November 18, 2015
09:22 EDTSFUNOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Vipshop (VIPS), up 8%. ALSO HIGHER: Anavex Life Sciences (AVXL), up 27.5% after announcing preparation of regulatory filings based on guidance from FDA... Universal Insurance (UVE), up 7.7% after issuing a statement saying that Lakewood Capital Management's statement was misleading... Actinium Pharmaceuticals (ATNM), up 14.9% after submitting an Investigational New Drug application with the FDA for Iomab-B... Fairchild Semiconductor (FCS), up 8.8% after being acquired by ON Semiconductor (ON)... Norfolk Southern (NSC), up 5% after confirming a merger offer from Canadian Pacific (CP). DOWN AFTER EARNINGS: SouFun (SFUN), down 2.9%... Staples (SPLS), down marginally. ALSO LOWER: GoPro (GPRO), down 4.4% after price target lowered to $15 from $20 at Piper Jaffray... Citrix Systems (CTXS), down 3.5% after announcing operational review and the spin off of its GoTo family of products.
06:33 EDTSFUNSouFun backs FY15 revenue guidance of $843.4M, consensus $876.76M
06:32 EDTSFUNSouFun reports Q3 EPS 8c, consensus 3c
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November 13, 2015
05:17 EDTSFUNSouFun to acquire controlling stake in Wanli
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