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Stock Market & Financial Investment News

News Breaks
May 22, 2014
07:38 EDTSINA, WBSINA price target lowered to $65 from $100 at Brean Capital
Brean Capital lowered its price target on SINA (SINA) to $65 following its Q1 results. The firm maintains its Buy rating on the shares and considers it an undervalued asset, citing its investment in Weibo (WB), large cash balance, and investments in multiple assets.
News For SINA;WB From The Last 14 Days
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August 27, 2015
10:00 EDTWBOn The Fly: Analyst Upgrade Summary
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09:28 EDTWBWeibo management to meet with Brean Capital
Meeting to be held in Boston on September 3 hosted by Brean Capital.
06:07 EDTWBWeibo upgraded to Buy from Hold at Summit Research
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August 25, 2015
12:52 EDTWBWeibo management to meet with Summit Research
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August 20, 2015
07:20 EDTWB, SINACitigroup to hold a conference
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.
August 19, 2015
10:43 EDTSINASINA reverses lower
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10:14 EDTSINAOptions with decreasing implied volatility
Options with decreasing implied volatility: KING SUNE YY JCP URBN NTES DKS DANG SINA KSS
09:23 EDTSINASINA price target lowered to $55 from $65 at Piper Jaffray
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August 18, 2015
18:32 EDTSINAOn The Fly: After Hours Movers
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16:33 EDTWBWeibo sees Q3 revenue $120M-$123M, consensus $121.89M
16:32 EDTWBWeibo reports Q2 EPS 2c, consensus 3c
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16:32 EDTSINASINA reports Q2 EPS 6c, consensus 4c
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14:51 EDTSINANotable companies reporting after market close
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13:41 EDTWBWeibo technical comments before earnings news
The tone of the chart is bearish, despite the recent bounce in price. If there is a bearish disappointment, the level to watch is the lifetime low at $12.11. If that price is taken out on the downside, there is not established support, with a drift to the $11 area likely, or lower. If the news is instead a bullish surprise, the first significant area of resistance would be at $14.16, the 30-day moving average. A breakout above the 30-day would be bullish, with the following resistance levels becoming potential upside objectives: $15.16, $15.45, and $16.19. With over 16% of the float short, a positive surprise could see significant buy-to-cover demand within a very small trading float.
August 17, 2015
09:43 EDTSINASINA upgraded to Buy from Hold at T.H. Capital
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