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Stock Market & Financial Investment News

News Breaks
January 16, 2014
09:24 EDTSINA, TCEHY, SOHUWeibo microblog users fell 9% in 2013, Bloomberg reports
China Internet Network Information Center. reported that the number of users of Weibo, or Chinese microblogs, fell 9% in 2013 from a year earlier to 281M, reported Bloomberg. Sina (SINA) is the owner of China’s largest Weibo service and others with similar platforms include Sohu.com (SOHU) and Tencent (TCEHY). Reference Link
News For SINA;SOHU;TCEHY From The Last 14 Days
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July 31, 2015
08:22 EDTTCEHYChina may make Alibaba, Tencent to offer others' payment services, Reuters says
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July 27, 2015
14:25 EDTSOHUSohu.com sales missed when excluding Webgame, says Summit Research
Summit Research analyst Henry Guo says Sohu.com's sales in Q2 missed expectations when excluding the Webgame business, which was not included in guidance and will be divested in Q3. The "relatively soft" Q3 guidance is mainly due to gaming business uncertainty and early stage of mobile portal initiatives, Guo tells investors in a post-earnings research note. He keeps a Hold rating on Sohu.com with a $50 price target, but thinks the Sogou initial public offering is likely this year and could help unlock value.
09:21 EDTSOHUOn The Fly: Pre-market Movers
HIGHER: Magnetek (MAG), up 53.5% after Columbus McKinnon (CMCO) agrees to acquire the company... Xueda Education (XUE), up 40.6% after merging with Xiamen Insight Investment... Box (BOX), up 4.6% after being upgraded to Overweight from Sector Weight at Pacific Crest... Goodrich Petroleum (GDP), up 6.4% after announcing sale of proved reserves and a portion of Eagle Ford leasehold. NOTABLE: Teva Pharmaceutical (TEVA), up 10.7% after acquiring Allergan Generics... Allergan (AGN) is up 6.3%... Mylan (MYL), down 14% after Teva withdraws proposal to acquire the company... Perrigo (PRGO), up 3% after Teva withdraws proposal to acquire Mylan. DOWN AFTER EARNINGS: Sohu.com (SOHU), down 6%... Changyou.com (CYOU), down 10.1%. ALSO LOWER: Bellerophon (BLPH) down 63% after announcing results of BCM clinical trial... Terex (TEX), down 4% after being downgraded to Sell from Neutral at Goldman... Ultragenyx Pharmaceutical (RARE), down 3.5% after being downgraded to Equal Weight from Overweight at Morgan Stanley...
05:35 EDTSOHUSohu.com sees Q3 EPS (55c)-(80c), consensus (39c)
Sees Q3 revenue $470M-$500M, consensus $530.17M.
05:34 EDTSOHUSohu.com reports Q2 adjusted EPS (37c), may not compare to consensus (80c)
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July 24, 2015
13:12 EDTSOHUSohu.com technical notes ahead of earnings news
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