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Stock Market & Financial Investment News

News Breaks
December 12, 2012
14:54 EDTSOHUSohu.com wins online rights for The Voice but at a cost, says ABR Investment
ABR Investment Strategy said Sohu.com won the online broadcasting rights for the Chinese version of The Voice for approximately $16M. ABR believes The Voice is an indication of how content costs will pressure the online video space and reduce earnings visibility. The firm adds that the cost of The Voice is not likely in management's original 2012 budget.
News For SOHU From The Last 14 Days
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July 25, 2014
10:27 EDTSOHUSohu.com technical comments ahead of earnings
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July 24, 2014
10:54 EDTSOHUChina's Weibo, Jumei advance after Citi starts coverage with Buy ratings
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09:30 EDTSOHUSohu.com initiated with a Buy at Citigroup
Target $66.
07:49 EDTSOHUSohu.com August volatility elevated at 50 into Q2
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July 21, 2014
10:49 EDTSOHUBaidu advances following Morgan Stanley upgrade
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July 16, 2014
05:59 EDTSOHUSohu online game subsidiary Changyou to invest in MoboTap
Sohu.com (SOHU) announced that its online game subsidiary, Changyou.com (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.

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