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Stock Market & Financial Investment News

News Breaks
February 18, 2014
07:17 EDTSINAAlibaba to raise stake in SINA Weibo unit, Marbridge Daily says
Alibaba Group is rumored to plan to become the largest shareholder in Sina's Weibo microblogging platform by raising its stake to 30-50% in a new round of investment, reported Marbridge Daily, citing 36Kr. Reference Link
News For SINA From The Last 14 Days
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July 15, 2015
10:01 EDTSINAOn The Fly: Analyst Downgrade Summary
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09:23 EDTSINAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Bank of America (BAC), up 2.9%... CSX (CSX), up 2.6%. ALSO HIGHER: Hertz (HTZ), up 3.9% after being upgraded to Buy from Hold at Deutsche Bank. NOTABLE: Receptos (RCPT), up 10.5% following deal to be acquired by Celgene (CELG)... Celgene is up 7.9% after announcing acquisition of Receptos... UP AFTER RECEPTOS/CELGENE DEAL: ZIOPHARM Oncology (ZIOP), up 1.7%... Arena Pharmaceuticals (ARNA), up 6.5%. DOWN AFTER EARNINGS: Delta Air Lines (DAL), down 2.4%. ALSO LOWER: Mead Johnson (MJN), down 4.8% after reducing fiscal 2015 EPS guidance... Columbia Pipeline Partners (CPPL), down 5.6% after 4.64M share Block Trade priced at $24.15... SINA (SINA), down 2.7% after being downgraded to Hold from Buy at Deutsche Bank... MacroGenics (MGNX), down 2.8% after 3.25M share Secondary priced at $37.00.
06:49 EDTSINASINA downgraded to Hold from Buy at Deutsche Bank
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