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Stock Market & Financial Investment News

News Breaks
February 25, 2014
06:24 EDTSINASINA posted first operating profit for Weibo, says Piper Jaffray
Piper Jaffray notes that Q4 marked the first quarter of operating profitability for SINA's Weibo. Piper views the milestone as important for the eventual IPO of Weibo. It expects the IPO announcement to be a positive catalyst for SINA shares and keeps an Overweight rating on the stock with a $95 price target.
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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