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Stock Market & Financial Investment News

News Breaks
March 26, 2014
08:07 EDTTCEHY, YOKUTencent rumored to take 20% stake in Youku Tudou, Marbridge Daily says
Tencent (TCEHY) has reportedly reached a tentative agreement to take a 20% stake in Youku Tudou (YOKU), Marbridge Daily reports, citing a source close to Youku Tudou. The deal is said to be worth at least $300M in cash. The companies could announce the partnership later this month. Reference Link
News For TCEHY;YOKU From The Last 14 Days
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June 29, 2015
10:09 EDTYOKUOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Assured Guaranty (AGO) downgraded to Neutral from Buy at BTIG... Capital Bank (CBF) downgraded to Hold from Buy at Sandler O'Neill... F5 Networks (FFIV) downgraded to Neutral from Overweight at Piper Jaffray... First BanCorp (FBP) downgraded to Neutral from Buy at Guggenheim... Gannett (GCI) downgraded to Hold at Jefferies following spin-off... IBERIABANK (IBKC) downgraded to Hold from Buy at Sandler O'Neill... JPMorgan (JPM) downgraded to Perform from Outperform at Oppenheimer... KYTHERA (KYTH) downgraded to Market Perform from Outperform at Leerink... MBIA (MBI) downgraded to Neutral from Buy at BTIG... Macy's (M) downgraded to Sell from Buy at Deutsche Bank... MarketAxess (MKTX) downgraded to Underperform from Neutral at Macquarie... Nutrisystem (NTRI) downgraded to Market Perform from Outperform at Barrington... Park Sterling Bank (PSTB) downgraded to Hold from Buy at Sandler O'Neill... Popular (BPOP) downgraded to Neutral from Buy at Guggenheim... Qualcomm (QCOM) downgraded to Sell from Hold at Drexel Hamilton... SunTrust (STI) downgraded to Perform from Outperform at Oppenheimer... Ternium (TX) downgraded to Neutral from Buy at BofA/Merrill... Xoom (XOOM) downgraded to Neutral at Susquehanna... Youku Tudou (YOKU) downgraded to Underperform from Neutral at Mizuho.
07:04 EDTYOKUYouku Tudou downgraded to Underperform from Neutral at Mizuho
Mizuho downgraded Youku Tudou to Underperform with a $18 price target. The firm does not view Youku as an attractive takeout candidate our privatization target given its asset light nature and loss-making operations.
June 23, 2015
06:11 EDTYOKUGreenwoods reports 5.3% passive stake in Youku Tudou
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