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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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July 27, 2015
14:25 EDTSOHUSohu.com sales missed when excluding Webgame, says Summit Research
Summit Research analyst Henry Guo says Sohu.com's sales in Q2 missed expectations when excluding the Webgame business, which was not included in guidance and will be divested in Q3. The "relatively soft" Q3 guidance is mainly due to gaming business uncertainty and early stage of mobile portal initiatives, Guo tells investors in a post-earnings research note. He keeps a Hold rating on Sohu.com with a $50 price target, but thinks the Sogou initial public offering is likely this year and could help unlock value.
09:21 EDTSOHUOn The Fly: Pre-market Movers
HIGHER: Magnetek (MAG), up 53.5% after Columbus McKinnon (CMCO) agrees to acquire the company... Xueda Education (XUE), up 40.6% after merging with Xiamen Insight Investment... Box (BOX), up 4.6% after being upgraded to Overweight from Sector Weight at Pacific Crest... Goodrich Petroleum (GDP), up 6.4% after announcing sale of proved reserves and a portion of Eagle Ford leasehold. NOTABLE: Teva Pharmaceutical (TEVA), up 10.7% after acquiring Allergan Generics... Allergan (AGN) is up 6.3%... Mylan (MYL), down 14% after Teva withdraws proposal to acquire the company... Perrigo (PRGO), up 3% after Teva withdraws proposal to acquire Mylan. DOWN AFTER EARNINGS: Sohu.com (SOHU), down 6%... Changyou.com (CYOU), down 10.1%. ALSO LOWER: Bellerophon (BLPH) down 63% after announcing results of BCM clinical trial... Terex (TEX), down 4% after being downgraded to Sell from Neutral at Goldman... Ultragenyx Pharmaceutical (RARE), down 3.5% after being downgraded to Equal Weight from Overweight at Morgan Stanley...
05:35 EDTSOHUSohu.com sees Q3 EPS (55c)-(80c), consensus (39c)
Sees Q3 revenue $470M-$500M, consensus $530.17M.
05:34 EDTSOHUSohu.com reports Q2 adjusted EPS (37c), may not compare to consensus (80c)
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July 24, 2015
13:12 EDTSOHUSohu.com technical notes ahead of earnings news
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