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Stock Market & Financial Investment News

News For SINA;SOHU;BIDU;YUM;COH;SBUX From The Last 14 Days
Check below for free stories on SINA;SOHU;BIDU;YUM;COH;SBUX the last two weeks.
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April 11, 2014
09:13 EDTSINAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Fastenal (FAST), up 3%... Wells Fargo (WFC), up 0.2%. ALSO HIGHER: H&R Block (HRB), up 5% after announcing a deal for BofI (BOFI) to acquire H&R Block's bank assets. Bofi up 9.4% after the deal announcement... Zynga (ZNGA), up 1.7% after naming new CFO, shares upgraded to Equal Weight at Morgan Stanley... SINA (SINA), up 2% after announcing up to $500M share repurchase program. DOWN AFTER EARNINGS: JPMorgan (JPM), down 3.7%... NQ Mobile (NQ), down 14.6%. ALSO LOWER: Gap (GPS), down 4% after reporting March SSS fell 6%, shares downgraded at Janney Capital... Voxeljet (VJET), down 16% after 3M share secondary offering priced at $15.00... Datawatch (DWCH), down 29% after cutting its second quarter revenue outlook.
08:31 EDTSINASINA announces up to $500M share repurchase program
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April 10, 2014
08:26 EDTSINASINA licensed to to sell investment products in China, Marbridge Daily says
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April 9, 2014
08:33 EDTBIDU, BIDUBaidu revenue growth could beat expectations, says CLSA
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08:31 EDTBIDU, BIDUSpeculation of Baidu interest in Ctrip.com logical, says CLSA
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April 8, 2014
12:08 EDTSINASINA to unveil wealth management service, China Daily says
Chinese Internet company SiINA is expected to launch an Internet-based wealth management service in the middle of this month, according to China Daily. Reference Link
10:51 EDTBIDUCtrip, Qunar rise after Bloomberg says travel sites in deal talks
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10:03 EDTSINAOn The Fly: Analyst Downgrade Summary
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09:35 EDTBIDUActive equity options trading on open
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09:09 EDTBIDUOn 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.
07:54 EDTYUMYum! Brands testing new Super Chix concept, AdAge reports
Yum Brands will start testing Super Chix, a new concept restaurant, AdAge reports. This week, Super Chix will launch in Arlington, Texas, with a limited menu including chicken sandwiches, chicken tenders, fries, salads and custards. A spokesperson for Yum says the concept "may in the future be considered for international purposes." Reference Link
07:42 EDTSINASINA downgraded to Neutral from Buy at Mizuho
Mizuho downgraded SINA to reflect the slowdown of the Alibaba contribution and overhang from Weibo's revenue growth outlook. The firm lowered its valuation for Weibo to reflect lack of catalysts, resulting in the SINA downgrade.
07:22 EDTBIDUQunar, 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
April 7, 2014
14:16 EDTBIDUBaidu volatility increases as shares pull back to six-month low
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06:49 EDTSINAWeibo looking to raise over $380M in IPO, NY Times says
SINA's (SINA) Weibo hopes to raise more than $380M in its upcoming IPO and price its shares at $17-$19, Weibo said in its prospectus, according to The New York Times. Known as a "microblog," Weibo has been compared to Twitter (TWTR). Reference Link
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