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Stock Market & Financial Investment News

News Breaks
March 6, 2013
08:24 EDTSOHUSohu.com falls after company refutes go-private story, levels to watch
The stock is down over 8% at time of writing, falling back to levels seen late yesterday before a report surfaced that suggested the company might seek to go private. The company has since refuted that story, and the stock has fallen along with the shares of its spin-off Changyou.com (CYOU). At time of writing, shares were at $44.83, with next support at $43.76, and then at $43.23. Resistance is at $45.86.
News For SOHU From The Last 14 Days
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May 17, 2013
10:10 EDTSOHUBaidu rumored to acquire Sohu unit Sogou, Marbridge Daily reports
Baidu (BIDU) has entered into an agreement to acquire Sohu's (SOHU) online search subsidiary Sogou for $2.0B-$2.5B, Marbridge Daily reports, citing an industry source. Note Bloomberg this morning reported that Sohu is seeking a strategic investment in its online search subsidiary. Reference Link
10:02 EDTSOHUSohu.com seeking strategic for search unit, Bloomberg reports
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May 15, 2013
09:33 EDTSOHUSohu.com down 4.7% to $62.60 in early trade
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09:29 EDTSOHUSohu.com falls in early trading, levels to watch
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May 14, 2013
12:56 EDTSOHUOptions with increasing implied volatility: SOHU AGNC HBAN HYG
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May 13, 2013
12:20 EDTSOHUOn The Fly: Midday Wrap
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11:12 EDTSOHUOptions with increasing implied volatility: BKS FIO SOHU AGNC HNZ
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09:43 EDTSOHUQihoo reportedly to buy Sohu search unit for $1.4B, Want China Times says
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May 9, 2013
10:07 EDTSOHUSohu search biz reportedly sought by Baidu, others, TechCrunch says
Baidu (BIDU), Tencent and Qihoo 360 (QIHU) are rumored to be competing to buy Sohu.com‘s (SOHU) search business, Sogou, according to TechCrunch, citing a Chinese language report that points to "unnamed sources in the investment industry." Sogou's CEO has denied the report as "unreliable” on his Sina Weibo account, the report noted. Reference Link

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