New User:

-or-
Username:
Password:
Forgot your password?

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.
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | all recent news | >>
July 28, 2014
09:17 EDTSOHUOn The Fly: Pre-market Movers
Subscribe for More Information
08:42 EDTBIDUBaidu upgraded to Buy from Reduce at BNP Paribas
Subscribe for More Information
06:23 EDTYUM, SBUXHusi Shanghai withdraws products from marketplace
OSI Group, the parent company of Husi Shanghai issued a statement on its website saying that it is withdrawing all products manufactured by Husi from the marketplace. The company said, "To help rebuild the trust of our customers and consumers, as well as to cooperate with the official investigatory process, we are compelled to withdraw all products manufactured by Shanghai Husi from the marketplace. We are also conducting a thorough internal investigation into any possible failures on the part of current and former senior management. Should any misconduct be uncovered, we will take swift and decisive action against those responsible, including all relevant disciplinary and/or legal measures. In addition, a new management team has been brought in to China to ensure that operations run effectively. OSI will conduct a full, fair, and comprehensive investigation on managers at all levels for evidence of management failures. In the meantime, our local operations will be managed by global management in accordance with global standards of quality management. We remain committed to our presence in China and have sent our best team of global experts to ensure we resolve this. We are very proud of our team members and our operations in other parts of China. It reinforces our confidence and commitment to China. We have a great deal yet to deliver to China. World-wide brands such as Yum! Brands' (YUM) KFC, McDonald's (MCD) and Starbucks (SBUX) were affected by the food scandal in the country after allegations arose speculating that Husi Shanghai supplied expired meat to the companies. Reference Link
06:16 EDTSBUX, YUMOSI Group CEO says China food scandal 'completely unacceptable'
Subscribe for More Information
05:16 EDTSOHUSohu.com sees Q3 EPS (85c)-(75c), consensus (97c)
Sees Q3 revenue $427M-$442M, consensus $451.35M. Sees Q3 brand advertising revenues to be $148M-$153M; this implies a sequential increase of 11%-15% and an annual increase of 19%-23%. Sees Q3 Sogou revenues to be between $100M-$105M; this implies a sequential increase of 10%-15% and an annual growth of 76%-84%. Sees Q3 online game revenues to be between $158M-$163M; this implies a sequential increase of 3%-6 % and an annual decrease of 2% to an annual increase of 1%.
05:11 EDTSOHUSohu.com reports Q2 adjusted EPS (88c), consensus ($1.38)
Subscribe for More Information
July 25, 2014
16:49 EDTSBUX, YUMS&P ends week little changed amid earnings deluge
The S&P 500 finished little changed this week as mixed U.S. economic data and continued geopolitical uncertainty offset strong earnings from a number of major companies and upbeat overseas economic data. MACRO NEWS: U.S. economic data was mixed, as fewer than expected jobless claims were reported and durable goods orders for June were slightly higher than expected, but new home sales for June and a preliminary purchasing managers' index for July came in below expectations... Investors received some positive economic news from overseas, as HSBC's preliminary China purchasing managers' index for July reached an 18-month high. Meanwhile, a preliminary PMI for the euro zone for July came in at 54, versus 52.8 in June... Ongoing conflicts between Israel and Hamas and Russia and Ukraine kept investors on edge, with Friday reports indicating that no truce accord had been reached in Israel and that Russia was building up its troop presence along the Ukrainian border. COMPANY NEWS: Among the notable companies whose stocks rose after they reported quarterly results were Facebook (FB), Apple (AAPL), Allergan (AGN) and Chipotle Mexican Grill (CMG). Notable companies whose stocks sold off following their results included Netflix (NFLX), Harley-Davidson (HOG), General Motors (GM), Boeing (BA), McDonald's (MCD) and Pandora (P)... McDonald's was also hit this week by revelations that its restaurants in China had sold expired meat that was allegedly intentionally supplied by a China-based company. Yum! Brands (YUM) and a provider of products to Starbucks (SBUX) are also believed to have bought and sold expired meat from the supplier... In M&A news, Bloomberg reported that real estate website operator Zillow (Z) held talks about buying its rival, Trulia (TRLA). Both stocks surged. Shares of SodaStream (SODA) also rallied after Bloomberg reported that the company is in talks about selling itself to an investment firm that would take the beverage system maker private... On Monday, hedge fund manager Bill Ackman promised on CNBC that his presentation about Herbalife (HLF) would show why the company "is going to collapse." But the shares actually surged higher during and immediately after Ackman's presentation. Ackman has a large short position in the stock and notably alleged it is a pyramid scheme... BlackBerry's (BBRY) CEO told the Financial Times that his company was in early talks about partnering with companies to target the enterprise markets, in order to counter a recently announced partnership between Apple and IBM (IBM). INDEXES: For the week, the Dow fell 0.83% to 16,960.57, the Nasdaq rose 0.4% to 4,449.56, and the S&P was flat at 1,978.34.
10:27 EDTSOHUSohu.com technical comments ahead of earnings
Subscribe for More Information
09:52 EDTSBUXStarbucks CEO says China business in 'infant' stages
Subscribe for More Information
09:47 EDTSBUXStarbucks CEO says no change 'whatsoever' to guidance due to coffee prices
Schultz says he cannot understand why concerns over coffee prices continue to be pointed to as an issue for the company. Starbucks CEO Howard Schultz is speaking on CNBC.
09:37 EDTBIDUActive equity options trading on open
Subscribe for More Information
09:25 EDTBIDUOn The Fly: Pre-market Movers
Subscribe for More Information
09:09 EDTBIDUBaidu price target raised to $260 from $220 at Pacific Crest
Subscribe for More Information
08:06 EDTBIDUBaidu price target raised to $275 from $220 at Brean Capital
Subscribe for More Information
07:46 EDTBIDUBaidu price target raised to $250 from $215 at Stifel
Subscribe for More Information
07:40 EDTSBUXStarbucks weakness would be buying opportunity, says UBS
Subscribe for More Information
05:53 EDTSBUXStarbucks price target raised to $88 from $84 at Jefferies
Subscribe for More Information
July 24, 2014
18:45 EDTBIDUOn The Fly: After Hours Movers
Subscribe for More Information
18:10 EDTSBUXStarbucks says China now approaching 1,300 stores
Subscribe for More Information
16:51 EDTBIDUBaidu up 7% to $218.34 after Q2 report
Subscribe for More Information
<< 1 | 2 | 3 | 4 | 5 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use