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Stock Market & Financial Investment News

News Breaks
June 9, 2014
11:09 EDTSOHU, TCEHYSohu unit launches search for Tencent's WeChat, Marbridge Daily says
Sohu's (SOHU) online search unit Sogou launched a "WeChat Search" for Tencent's (TCEHY) messaging app and said it is preparing to provide search services for all Tencent products moving forward, according to Marbridge Daily, citing DoNews. Reference Link
News For SOHU;TCEHY From The Last 14 Days
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April 30, 2015
08:51 EDTTCEHYGlu Mobile investment by Tencent has strategic potential, says Cowen
Cowen said Glu Mobile (GLUU) reported "impressive" Q1 results and also noted its key partnership with Tencent and announcement that Britney spears will be joining its list of celebrity game personalities. The firm believes the Tencent (TCEHY) deal has strategic potential and highlights Glu's undervaluation. Cowen reiterated its Outperform rating and $10 price target on Glu Mobile shares, which are up 27% to $6.84 in pre-market trading.
April 29, 2015
16:22 EDTTCEHYGlu Mobile up 17% after reporting Q1 results, deal with Tencent
16:18 EDTTCEHYTencent to purchase 21M shares of Glu Mobile stock for $6.00 per share
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April 28, 2015
10:11 EDTSOHUSohu.com downgraded to Neutral from Outperform at Credit Suisse
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April 27, 2015
10:37 EDTSOHUSohu.com spikes lower, goes negative on the session
The shares have taken a sharp turn lower in the last ten minutes, dropping from a gain on the day to a loss. Shares were last at $65.52, off nearly 3%. At that price next support is at $64. Resistance is at $66.22.
05:38 EDTSOHUSohu.com sees Q2 EPS ($1.15)-(90c), consensus (64c)
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05:37 EDTSOHUSohu.com reports Q1 adjusted EPS (66c), may not compare to consensus ($1.22)
Reports Q1 revenue $455.33M, consensus $439.34M.
April 24, 2015
12:33 EDTTCEHYThree tech giants likely to enter mobile medical sector, WantChinaTimes says
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April 23, 2015
15:38 EDTTCEHYEarnings Watch: Citi says sell Microsoft shares, Wells Fargo sees outperformance
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April 20, 2015
10:00 EDTSOHUOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 58.com (WUBA) initiated with a Hold at Summit Research... Aduro Biotech (ADRO) initiated with a Buy at Roth Capital... Alibaba (BABA) initiated with a Buy at Summit Research... Baidu (BIDU) initiated with a Buy at Summit Research... Callaway Golf (ELY) initiated with a Buy at Jefferies... Cellectis (CLLS) initiated with a Buy at Jefferies... Changyou.com (CYOU) initiated with a Buy at Summit Research... Cheetah Mobile (CMCM) initiated with a Buy at Summit Research... Ctrip.com (CTRP) initiated with a Hold at Summit Research... Dynegy (DYN) initiated with an Overweight at Morgan Stanley... FMC Corporation (FMC) initiated with a Neutral at Monness Crespi... Franklin Financial Network (FSB) initiated with a Buy at BofA/Merrill... Granite Construction (GVA) initiated with an Outperform at Cowen... Hershey (HSY) initiated with a Reduce at Nomura... JD.com (JD) initiated with a Hold at Summit Research... Jumei (JMEI) initiated with a Buy at Summit Research... McEwen Mining (MUX) initiated with a Buy at H.C. Wainwright... Natural Gas Services (NGS) initiated with a Neutral at Sidoti... New Residential (NRZ) initiated with a Buy at BofA/Merrill... Platform Specialty Products (PAH) initiated with an Outperform at Credit Suisse... Qihoo 360 (QIHU) initiated with a Buy at Summit Research... Qunar (QUNR) initiated with a Buy at Summit Research... SINA (SINA) initiated with a Hold at Summit Research... Smith & Wesson (SWHC) initiated with a Sector Perform at RBC Capital... Sohu.com (SOHU) initiated with a Hold at Summit Research... SolarEdge (SEDG) initiated with a Buy at Deutsche Bank... Splunk (SPLK) initiated with a Buy at Citigroup... Tableau (DATA) initiated with a Neutral at Citigroup... Team Health (TMH) initiated with an Outperform at Leerink... Tuniu (TOUR) initiated with a Buy at Summit Research... Vipshop (VIPS) initiated with a Buy at Summit Research... Vista Outdoor (VSTO) initiated with an Outperform at RBC Capital... Weibo (WB) initiated with a Buy at Summit Research... YY Inc. (YY) initiated with a Buy at Summit Research... Youku Tudou (YOKU) initiated with a Hold at Summit Research... Zhaopin (ZPIN) initiated with a Hold at Summit Research.
05:47 EDTSOHUSohu.com initiated with a Hold at Summit Research
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