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Stock Market & Financial Investment News

News Breaks
February 4, 2013
10:53 EDTSINASINA expanding into new areas, China Daily says
Chinese Internet company SINA (SINA), which owns the popular microblog Weibo, is intensifying its efforts to generate revenue from Weibo, according to China Daily. SINA is looking to expand into e-commerce and games as investors express disappointment about its profits, the newspaper stated. Reference Link
News For SINA From The Last 14 Days
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March 25, 2015
10:16 EDTSINASINA calls active as shares move off lows on renewed takeover speculation
SINA March 33 and 34 weekly calls are active on 6K contracts (1K puts) amid renewed takeover speculation. March weekly call option implied volatility is at 48, April is at 30, May is at 33; compared to its 26-week average of 37 according to Track Data. Active call volume suggests traders taking positions for large price movement.
10:07 EDTSINARumor: SINA moves off lows on renewed takeover chatter

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