News Breaks |
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| December 4, 2012 |
| 11:06 EDT |  | YOKU, NTES, SINA, PWRD, SOHU, CYOU, BIDU | Chinese 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. |
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News For SINA;BIDU;SOHU;NTES;CYOU;PWRD;YOKU From The Last 14 Days Check below for free stories on SINA;BIDU;SOHU;NTES;CYOU;PWRD;YOKU the last two weeks. |
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| May 20, 2013 |
| 16:02 EDT |  | BIDU | Options Update; May 20, 2013
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| 10:11 EDT |  | NTES | On The Fly: Analyst Upgrade Summary
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| 09:58 EDT |  | SOHU, BIDU | Rumor of Baidu in search deal with Sohu may be true, Forbes says
Rumors, citing an industry source, that Baidu (BIDU) has reached an agreement to purchase Sogou from Sohu.com (SOHU) in a complex swap transaction might be true, despite seemingly contradictory indications from Charles Zhang that seem to say that Sogou isn’t for sale, according to Forbes contributor Doug Young. Reference Link |
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| 09:49 EDT | | BIDU | Baidu rumored to be competing with Tencent to buy NetQin, TechinAsia says
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| 09:40 EDT | | BIDU | Active equity option families trading
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| 08:04 EDT | | NTES | NetEase.com upgraded to Overweight from Neutral at HSBC
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| 07:29 EDT |  | BIDU | Deutsche Bank to host a conference
dbAccess Asia Conference 2013 is being held in Singapore on May 20-22. |
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| 06:05 EDT | | YOKU | Stocks with implied volatility movement; SPWR YOKU
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| 05:54 EDT | | BIDU | Baidu considers IPO for its video site, Bloomberg reports
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| 05:53 EDT | | NTES | NetEase.com upgraded to Buy from Neutral at Citigroup
Citigroup upgraded NetEase.com citing the company's stable revenue growth and raised its price target for shares to $70 from $54.80. |
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| May 17, 2013 |
| 10:44 EDT |  | YOKU | Youku Tudou drops sharply, levels to watch
The stock is down over 6.6% at time of writing, last at $19.67. At that price, next support is at $19.39, and then at $18.91. Resistance is at $20.64. |
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| 10:10 EDT | | SOHU, BIDU | Baidu rumored to acquire Sohu unit Sogou, Marbridge Daily reports
Baidu (BIDU) has entered into an agreement to acquire Sohu's (SOHU) online search subsidiary Sogou for $2.0B-$2.5B, Marbridge Daily reports, citing an industry source. Note Bloomberg this morning reported that Sohu is seeking a strategic investment in its online search subsidiary. Reference Link |
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| 10:02 EDT | | BIDU, SOHU | Sohu.com seeking strategic for search unit, Bloomberg reports
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| 09:08 EDT |  | SINA | SINA recommended at 86 Research
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| 05:44 EDT | | SINA | SINA shares still undervalued on Alibaba deal, says Piper Jaffray
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| May 16, 2013 |
| 18:56 EDT | | SINA | On The Fly: After Hours Movers
UP AFTER EARNINGS: SINA (SINA), up 4.2%. ALSO HIGHER: Kansas City Southern (KSU), up 1.6% after it was announced the company would replace Dean Foods (DF) in the S&P 500 on May 23. DOWN AFTER EARNINGS: Autodesk (ADSK), down 6.5% after earnings, guiding its second quarter below expectations... Aruba Networks (ARUN), down 17.1% after earnings, guiding its fourth quarter below expectations... Nordstrom (JWN), down 3.5%... J.C. Penney (JCP), down 1.7%... Brocade (BRCD), down 2.4% after earnings, guiding its third quarter below expectations. |
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| 17:18 EDT | | SINA | SINA trades higher after earnings beat, first look
The stock is up over 4.7% to $61.58 in the extended session. At that price, next resistance is at $62.52, and then at $63.10. Support is at $60.84. |
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| 17:04 EDT |  | SINA | SINA sees Q2 revenue $143M-$147M, consensus $142.66M
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| 17:02 EDT | | SINA | SINA reports Q1 EPS 2c, consensus (3c)
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| 15:14 EDT | | SINA | Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Dell (DELL), consensus 35c; Applied Materials (AMAT), consensus 13c; Nordstrom (JWN), consensus 76c; Autodesk (ADSK), consensus 45c; J. C. Penney (JCP), consensus (86c); SINA (SINA), consensus (3c); ViaSat (VSAT), consensus 2c; Brocade Communications (BRCD), consensus 15c; Aruba Networks (ARUN), consensus 15c. |
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