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Stock Market & Financial Investment News

News Breaks
April 25, 2014
09:36 EDTSINASINA confirms receipt of government notices alleging violations of PRC rules
SINA Corporation confimed that it had received three notices from Beijing Municipal Cultural Market Administrative Law Enforcement Unit concerning alleged violations of PRC regulations on the company's distribution of certain unhealthy and indecent literary content on its online reading channel and certain unhealthy and indecent video content uploaded by users on its website. The company was informed that as administrative penalties for these violations, the State Administration of Press, Publication, Radio, Film and Television proposes to revoke the company's Internet Publication License and the License for Online Transmission of Audio-Visual Programs, and Beijing Municipal Cultural Market Administrative Law Enforcement Unit proposes to impose an administrative fine for these violations. It is the company's understanding that these administrative penalties are part of the PRC government's campaign to clean up unhealthy and indecent content on the Internet in China. The company intends to fully cooperate with the relevant government authorities and take appropriate actions as necessary.
News For SINA From The Last 14 Days
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November 17, 2014
07:48 EDTSINAE-House provides additional capital for Shanghai Weidian
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November 14, 2014
10:00 EDTSINAOn The Fly: Analyst Downgrade Summary
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09:25 EDTSINASINA downgraded to Equal Weight from Overweight at Barclays
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09:16 EDTSINAOn The Fly: Pre-market Movers
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08:04 EDTSINASINA price target lowered to $60 from $70 at Piper Jaffray
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07:58 EDTSINASINA downgraded at Stifel
As noted earlier, Stifel downgraded SINA to Hold from Buy and removed the stock from its Select List. The firm downgraded the stock based on a lack of positive catalysts.
07:20 EDTSINASINA downgraded to Hold from Buy at Stifel
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07:15 EDTSINASINA price target lowered to $58 from $67 at Brean Capital
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06:22 EDTSINAStocks with implied volatility above IV index mean; SPLS SINA
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November 13, 2014
16:34 EDTSINASINA expects Q4 revenue $204M-$210M, consensus $214.75M
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16:33 EDTSINASINA reports Q3 EPS 19c, consensus 17c
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15:36 EDTSINASINA technical comments ahead of earnings
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15:29 EDTSINASina Corp November weekly 42 straddle priced for 6.2% move into Q3
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15:18 EDTSINANotable companies reporting after market close
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November 12, 2014
14:53 EDTSINASINA weekly volatility elevated into Q3 and outlook
SINA November weekly call option implied volatility is at 107, December is at 41, January is at 39; compared to its 26-week average of 46 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on November 13.

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