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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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September 18, 2014
09:18 EDTQIHUQihoo makes cybersecurity deal with Southeast Asia company, China Daily says
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07:35 EDTBIDUBaidu volatility low into Alibaba IPO
Baidu September call option implied volatility is at 28, September weekly is at 28, October is at 32, December is at 33; compared to its 26-week average of 38 according to Track Data, suggesting decreasing price movement.
September 17, 2014
12:01 EDTBIDUSeagate signs strategic agreement with Baidu
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September 16, 2014
09:31 EDTYOKUYouku Tudou downgraded to Mixed from Positive at OTR Global
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September 15, 2014
06:40 EDTBIDUNew Apple products blasted by Baidu, WantChinaTimes says
Apple's (AAPL) new iPhones are low quality products with high breakdown rates, and the devices will not generate strong sales in China, Chinese search engine Baidu (BIDU) said in a blog on Saturday, according to WantChinaTimes. Another blog from Baidu stated that Apple is not innovating and is not taking its smart watch seriously enough, WantChinaTimes reported. Reference Link
September 12, 2014
09:33 EDTQIHUQihoo 360 management to meet with JPMorgan
Meeting to be held in Boston on September 17 hosted by JPMorgan.
September 10, 2014
08:34 confirms removal of hotel listings from Qunar, Marbridge Daily says
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September 9, 2014
08:24 EDTCYOUChangyou rumored to lay off 15% of gaming portal staff, Marbridge Daily says
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September 8, 2014
10:00 EDTSINAFacebook may soon enter China, DoNews reports
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06:37 EDTBIDUBaidu hires Microsoft's Zhang Yaqin, WSJ reports
Baidu (BIDU) has hired Zhang Yaqin, a top Microsoft (MSFT) executive in China, to become its president for new business,t he Wall Street Journal reports. Zhang was Microsoft's VP and chairman of its Asian-Pacific research and development group. Reference Link
September 5, 2014
09:35 EDTBIDUActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TSLA YHOO WFM SLW ABX GOOG FB BIDU
07:47 EDTBIDU, YOKUNew foreign content limits placed on Chinese video sites, Marbridge Daily says
China's General Administration of Press and Publication, Radio, Film and Television issued new regulations requiring online video sites to apply for licenses for each foreign produced program they carry and limiting the percentage of licensed foreign content compared to domestic content, said Marbridge Daily, citing Sina Tech. Operators of Internet television services in China include Youku Tudou (YOKU), YOU On Demand (YOD), Ku6 Media (KUTV), Phoenix New Media (FENG), and Baidu's (BIDU) IQiyi. Reference Link
September 4, 2014
09:35 EDTBIDUActive equity options trading on open
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