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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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| May 16, 2013 | | 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. | | | 09:20 EDT |  | COH | Coach estimatse raised at Sterne Agee
Sterne Agee believes Coach can take shares in the combined premium footwear/outwear market and has an opportunity in watches. The firm reiterates its Buy rating and raised its price target to $65 from $62. | | | May 15, 2013 | | 17:46 EDT |  | COH | SAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), . | | | 13:55 EDT |  | SINA | SINA May call volatility elevated at 113 into Q1 and outlook
 Subscribe for More Information | | | 12:58 EDT |  | SINA | China closing influential microblog accounts, The Guardian reports
Subscribe for More Information | | | 12:22 EDT | | SINA | Earnings Preview: SINA shares up close to 11.5% since last earnings report
SINA (SINA) is expected to report Q1 earnings after the market close on Thursday, May 16 with a conference call scheduled for 9:00 pm ET. SINA is an online media company that enable Internet users to access professional media and user generated content through multimedia formats from the Web and mobile devices. EXPECTATIONS: Analysts are looking for EPS of (3c) on revenue of $117.54M. The consensus range is (9c)-5c for EPS, and $114.8M-$123.7M for revenue, according to First Call. LAST QUARTER: SINA reported Q4 EPS 13c against estimates of 5c on revenue of $134.4M against estimates of $133.86M. The company also gave Q1 revenue guidance of $115M-$119M. On the same day, it announced the promotion Jack Xu to CTO and COO Hong Du to COO and co-president. STREET RESEARCH: In the past quarter, SINA announced an agreement on a strategic alliance with Alibaba that is expected to generate $380M in advertising and social commerce services revenue in aggregate for Weibo over the next three years. Alibaba also announced that it invested $586M for 18% stake in Weibo. Following the announcement, the company's price target was raised at Piper Jaffray and it was upgraded at Jeffries and Goldman. The analyst firms expected better Weibo monetization and accelerated revenue following the alliance. Citigroup, on the other hand, said the deal does not solve issues involving strategic challenges that lie ahead, including mobile disruption, declines in portal and social media lags. Ahead of Q1 earnings, TH Capital said 1H13 could be better than expected and maintained its Buy rating because the Alibaba partnership could accelerate Weibo's monetization to a "meaningful level." IT added that Weibo could show its strength and upside in 2H13 and could bridge the gap between market valuation and underlying value of its assets. PRICE ACTION: SINA shares have gained close to 11.5% since the first day of trading following the company's Q4 report. In midday trading ahead of its Q1 report, SINA is trading slightly up at 0.8% | | | 09:33 EDT | | SOHU | Sohu.com down 4.7% to $62.60 in early trade
Subscribe for More Information | | | 09:31 EDT | | BIDU, BIDU | Baidu mentioned cautiously at OTR Global
Subscribe for More Information | | | 09:29 EDT |  | SOHU | Sohu.com falls in early trading, levels to watch
Subscribe for More Information | | | May 14, 2013 | | 12:56 EDT | | SOHU | Options with increasing implied volatility: SOHU AGNC HBAN HYG
Subscribe for More Information | | | | 05:53 EDT | | SINA | Web browsers are being reinvented, WSJ reports
Subscribe for More Information | | | May 13, 2013 | | 14:46 EDT | | COH | Coach approached Tory Burch about possible takeover, WSJ says
Coach is weighing the purchase of an accessories brand to aid its growth, reported The Wall Street Journal, citing people familiar with the company's thinking. Coach previously approached Tory Burch, the report noted, and one source said a potential bid in the $2B-$3B range was discussed. Reference Link | | | 14:19 EDT | | COH | Coach approached Tory Burch last year about deal, Dow Jones reports
Subscribe for More Information | | | 12:20 EDT |  | SOHU | On The Fly: Midday Wrap
Subscribe for More Information | | | 11:12 EDT | | SOHU | Options with increasing implied volatility: BKS FIO SOHU AGNC HNZ
Subscribe for More Information | | | 10:12 EDT | | YUM | Yum! Brands falls after reporting 29% China sales decline
Shares of Yum! Brands (YUM) are retreating after the company disclosed that its same store sales had tumbled 29% in China last month, versus the same period in 2012. WHAT'S NEW: The 29% decline in Yum's same-store sales in China, which the company announced on Friday night in an SEC filing, was roughly in-line with the its previous guidance for a decline of about 30%. The outbreak of avian flu in China had a significant negative impact on sales of Yum's KFC restaurants in that country last month, Yum! stated. Historically, the impact of avian flu outbreaks on KFC sales has been "relatively short-lived," Yum! added. ANALYST REACTION: In a note earlier today to investors, Oppenheimer analyst Brian Bittner wrote that Yum's sales in China had probably bottomed last month, as he believes that the avian flu outbreak is unlikely to accelerate. Yum should meet analysts' 2013 consensus estimates, and the company is poised to rebound significantly next year, added the analyst. He kept an Outperform rating on the stock. TODAY'S PRICE ACTION: In early trading, Yum! fell $1.73, or 2.5%, to $68.60. | | | 10:07 EDT | | YUM | Yum! Brands July and October volatility low
Subscribe for More Information | | | 09:43 EDT | | SOHU | Qihoo reportedly to buy Sohu search unit for $1.4B, Want China Times says
Subscribe for More Information | | | 08:53 EDT | | SBUX | Boingo Wireless price target raised to $10 from $7.50 at DA Davidson
DA Davidson increased its price target on Boingo Wireless (WIFI) as the firm expects the company to rebound in coming quarters, partly due to its new deals with Endeka and Starbucks (SBUX). The firm keeps a Buy rating on Boingo. | | | 08:13 EDT | | YUM | Yum! Brands China comps likely bottomed in Q1, says Oppenheimer
After Yum! Brands reported in-line April China comps of down 29%, Oppenheimer believes that the company's China comps likely bottomed in Q1 as the firm doesn't expect the avian flu outbreak in China to worsen. The firm expects Yum! to meet 2013 expectations, and it thinks the company could rebound significantly next year. The firm reiterates an Outperform rating on the stock. | | |
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