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March 6, 2013
10:46 EDTSOHU, CYOU, QIHU, SINA, YOKU, BIDUChinese Internet stocks fall after Sohu denies rumor, Qihoo reports results
Several Chinese Internet stocks are retreating after a company in the sector, (SOHU), denied rumors that it's in talks with private equity firms about going private, which the company attributed to a report in the South China Morning Post. Sohu also denied that it has held talks about delisting its stock. In mid-morning trading, Sohu tumbled 9% to $44.50 while online game maker (CYOU), a Sohu subsidiary, slid 7% to $30. Meanwhile, Qihoo 360 (QIHU), which operates a search engine and sells Internet ads like Sohu, is sinking over 6% in mid-morning trading, despite reporting higher than expected fourth quarter earnings per share and providing higher than expected first quarter revenue guidance. Research firm Jefferies, however, downgraded Qihoo to Hold from Buy, citing the stock's valuation and the company's slowing profit growth. In mid-morning trading, microblog operator SINA (SINA) dropped 4% to $48, Internet video company Youku Tudou (YOKU) retreated 5.5% to $18 and Baidu (BIDU), which operates a Chinese language Internet search engine, fell 0.4% to $91.
News For SOHU;CYOU;QIHU;SINA;YOKU;BIDU From The Last 14 Days
Check below for free stories on SOHU;CYOU;QIHU;SINA;YOKU;BIDU the last two weeks.
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July 24, 2014
16:51 EDTBIDUBaidu up 7% to $218.34 after Q2 report
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16:37 EDTBIDUBaidu sees Q3 revenue $2.163B-$2.221B
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16:35 EDTBIDUBaidu reports Q2 EPS ex-items $1.73, consensus $1.40
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15:29 EDTBIDUNotable companies reporting after market close
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13:33 EDTBIDUBaidu July weekly 202 straddle priced for 6.7% move into Q2
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11:57 EDTBIDUBaidu technical commentary ahead of results
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10:54 EDTSOHUChina's Weibo, Jumei advance after Citi starts coverage with Buy ratings
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09:31 initiated with a Sell at Citigroup
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09:30 initiated with a Buy at Citigroup
Target $66.
07:49 August volatility elevated at 50 into Q2
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July 23, 2014
09:23 EDTBIDUBaidu volatility elevated into Q2 and outlook
Baidu July weekly call option implied volatility is at 107, August is at 45, September is at 39, December is at 37; compared to its 26-week average of 42 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on July 24.
July 21, 2014
10:49 EDTSOHU, SINA, BIDUBaidu advances following Morgan Stanley upgrade
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07:26 EDTBIDUBaidu upgraded to Overweight from Equal Weight at Morgan Stanley
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July 18, 2014
08:45 EDTQIHUDefined mobile strategy could serve as catalyst for Qihoo 360, says UBS
UBS is optimistic about Qihoo 360's growth momentum in search and mobile, but believes a better defined mobile strategy could serve as a catalyst for the shares. The firm sees a margin squeeze in Q2 but an anticipated pickup in search monetization should support margin recovery. UBS has a Buy rating with a $155 price target on Qihoo.
05:21 EDTBIDU, appoints Rucia Ren as acting CFO
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July 16, 2014
05:59 EDTSOHU, CYOUSohu online game subsidiary Changyou to invest in MoboTap (SOHU) announced that its online game subsidiary, (CYOU) and MoboTap, a Cayman Islands company that is the mobile technology developer behind the Dolphin Browser, have entered into a definitive investment agreement pursuant to which Changyou will purchase 51% of the equity interests in MoboTap on a fully-diluted basis, for cash consideration of $91M. In addition, Changyou will provide $30M in funding to MoboTap by purchasing a zero-coupon convertible bond due in five years. Changyou will have the option, exercisable at any time when the bond is outstanding, to convert all or any part of the unpaid principal into shares of MoboTap at a conversion price that would result in Changyou's equity interest in MoboTap increasing to 60% on a fully-diluted basis, measured as of the closing under the Investment Agreement, if the option is exercised in full. The transaction is expected to close in August.
July 15, 2014
07:46 EDTBIDUBaidu looking to strike game partnerships in Canada, Globe & Mail says
Baidu is meeting with game developers in Vancouver and Toronto to see if it can strike relationships as the Chinese search giant looks to build on the 40% shares of China's games market on the Android platform that it currently holds, reported The Globe & Mail. Reference Link
06:00 EDTSINAStocks with implied volatility movement; KGC SINA
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July 14, 2014
08:23 EDTBIDU, BIDUBaidu likely to report Q2 upside, says CLSA
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July 10, 2014
09:07 EDTQIHUWeibo, Qihoo jointly launch independent blogging platform, Marbridge Daily says
Weibo (WB), Qihoo 360 (QIHU), and UCWeb will jointly launch a new platform intended for use by independent news bloggers in China, said Marbridge Daily, citing Sina Tech. Reference Link

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