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Stock Market & Financial Investment News

News Breaks
March 6, 2013
10:46 EDTYOKU, CYOU, SINA, SOHU, BIDU, QIHUChinese Internet stocks fall after Sohu denies rumor, Qihoo reports results
Several Chinese Internet stocks are retreating after a company in the sector, Sohu.com (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 Changyou.com (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
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December 18, 2014
10:05 EDTSINASINA call activity attributed to takeover speculation
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09:55 EDTSINARumor: SINA strength attributed to takeover speculation
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December 17, 2014
13:16 EDTBIDUBaidu, Uber confirm strategic partnership
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07:21 EDTQIHUQihoo 360 recent weakness a buying opportunity, says Nomura
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06:29 EDTQIHUQihoo 360 to take 45% stake in joint venture with Coolpad
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06:12 EDTBIDUBaidu to take stake in Uber, Reuters reports
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December 15, 2014
10:00 EDTSOHUOn The Fly: Analyst Upgrade Summary
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09:27 EDTSOHUOn The Fly: Pre-market Movers
HIGHER: Opko Health (OPK), up 13.1% after Pfizer (PFE) and OPKO Health enter into global agreement for hGH-CTP... Cirrus Logic (CRUS), up 7.5% after being upgraded to Overweight from Underweight at Barclays... PetSmart (PETM), up 4.7% after being acquired by BC Partners led consortium for $83 per share... Sohu.com (SOHU), up 3% after being upgraded to Overweight from Neutral at JPMorgan... Oracle (ORCL), up 2.2% after receiving FedRAMP provisional authority to operate. LOWER: Unwired Planet (UPIP), down 25.7% after commenting on Google (GOOG) Markman ruling... EXCO Resources (XCO), down 13% after suspending its dividend.
06:49 EDTSOHUSohu.com upgraded to Overweight from Neutral at JPMorgan
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December 12, 2014
09:35 EDTBIDUActive equity options trading
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06:10 EDTBIDUBaidu to take stake in Uber, WSJ reports
Baidu (BIDU) will invest in cab service Uber Technologies, Wall Street Journal reports, citing a person familiar with the matter. Baidu said it plans to announce an investment in a U.S. startup on Dec. 17, the paper adds. Marbridge Daily yesterday reported that Baidu is rumored to invest up to $600M in Uber. Reference Link
December 11, 2014
10:17 EDTBIDUCiti upbeat on Google in face of pending Apple decision on Safari
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09:11 EDTBIDUBaidu rumored to invest up to $600M in Uber, Marbridge Daily says
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08:09 EDTBIDUGoogle shares pricing in loss of Apple search deal, says Citigroup
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December 10, 2014
12:09 EDTSINA, YOKUYouku Tudou rises slightly in down market after Credit Suisse upgrade
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09:30 EDTYOKUYouku Tudou upgraded to Outperform from Neutral at Credit Suisse
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December 5, 2014
09:36 EDTBIDUActive equity options trading
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08:15 EDTQIHUCapital Ventures International reports 6.6% passive stake in Qihoo 360
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December 4, 2014
09:37 EDTBIDUActive equity options trading
Active equity options trading according to Track Data: AAPL ALTR P BIDU AMZN TSLA X NFLX TWTR WMT

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