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Stock Market & Financial Investment News

News Breaks
December 4, 2012
11:06 EDTPWRD, SOHU, CYOU, BIDU, YOKU, NTES, SINAChinese Internet stocks fall after SEC charges accounting firms
Chinese Internet stocks are sinking after the SEC charged the Chinese subsidiaries of the four major U.S. accounting firms with violating securities laws for refusing to produce paperwork connected to fraud at nine Chinese companies, according to The Financial Times. The SEC may have created a "Catch 22" situation for Chinese companies listed in the U.S., as Chinese law prevent the companies from sharing audit documents with foreign companies, the newspaper noted. In a note to investors earlier today, Wells Fargo analyst Trace Urdan wrote that delisting may be "economically prudent" for some Chinese companies. In mid-morning trading, SINA (SINA) fell 6.38% to $42.55, BIDU (BIDU) dropped 4.75% to $91.35, Sohu.com (SOHU) slid 3.18% to $38.32, NetEase (NTES) gave back 3.94% to $42.00, Changyou.com (CYOU) lost 1.50% to $24.37, Youku Tudou (YOKU) declined $1.19, or 7.18% to $15.38 and Perfect World (PWRD) dropped 3.10% to $10.78.
News For SINA;BIDU;SOHU;NTES;CYOU;PWRD;YOKU From The Last 14 Days
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May 19, 2015
06:59 EDTNTESNetEase.com upgraded to Buy from Neutral at Citigroup
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06:02 EDTYOKUYouku Tudou implied volatility of 78 at upper end of index
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May 18, 2015
13:37 EDTBIDUBaidu, Uber teaming up to pursue Nokia's maps unit, Bloomberg reports
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07:59 EDTYOKUYouku Tudou volatility elevated into Q1 and outlook
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05:53 EDTYOKUStocks with implied volatility movement; YOKU BBBY
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05:25 EDTBIDUBaidu makes multi-million dollar strategic investment in Taboola
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May 15, 2015
10:32 EDTSINASINA price target raised to $65 from $49 at Piper Jaffray
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09:53 EDTYOKUGeoInvesting says short Youku Tudou for a trade
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07:02 EDTYOKUYouku Tudou volatility elevated into Q1 and outlook
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05:50 EDTYOKUStocks with implied volatility movement; YOKU RIG
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May 14, 2015
16:33 EDTSINASINA reports Q1 EPS (4c), consensus (1c)
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15:16 EDTSINASINA technical comments ahead of earnings
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15:01 EDTSINANotable companies reporting after market close
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13:28 EDTYOKUIncreasing equity options volume
Increasing equity options volume: FCX UPS KSS CHK CSCO AVP YOKU CALM KORS
11:05 EDTNTESNetEase.com price target raised to $160 from $128 at JPMorgan
JPMorgan raised its price target for NetEase.com to $160 following the company's Q1 results. The firm is positive on NetEase.com's game content production expansion into mobile and keeps an Overweight rating on the stock.
May 13, 2015
18:09 EDTNTESNetEase.com reports Q1 non-GAAP EPS $1.74 vs. $1.46 a year ago
Reports Q1 revenue RMB3.89M, consensus RMB3.20B.
15:04 EDTNTESNotable companies reporting after market close
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12:27 EDTSOHUFollow-up: Sohu.com downgraded to Neutral on valuation at JPMorgan
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12:12 EDTSOHUSohu.com downgraded to Neutral from Overweight at JPMorgan
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May 11, 2015
17:47 EDTBIDUBaidu launches internal anti-corruption probe, AFP says
Baidu has begun anti-corruption investigations against certain of its employees, reports Agence France-Presse, citing company statements. The report notes that Chinese media company Sina claimed Monday that the company is investigating three departmental directors. Reference Link
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