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Stock Market & Financial Investment News

News Breaks
February 4, 2013
18:58 EDTTHO, YUM, BIDU, HOLX, SIMO, IDIX, OGXI, CLDXOn The Fly: After Hours Movers
UP AFTER PRELIMINARY EARNINGS: Thor Industries (THO), up 3.7% after preliminary Q2 revenue beats estimates... DOWN AFTER EARNINGS: Yum! Brands (YUM), down 5.4% after cutting its FY13 EPS view, reporting Q4 China SSS down 6%... Baidu (BIDU), down 5.2%... Hologic (HOLX), down 4.1%... Silicon Motion (SIMO), down 10.9% after reporting Q4 earnings and saying it sees Q1 revenue own 15%-25% sequentially... ALSO LOWER: Idenix (IDIX), down 5.9% after announcing it had discontinued clinical development for a hepatitis C treatment... OncoGenex (OGXI), down 3.3% after disclosing the resignation of its CFO... Celldex (CLDX), down 3.3% after filing to sell $75M in common stock.
News For THO;YUM;BIDU;HOLX;SIMO;IDIX;OGXI;CLDX From The Last 14 Days
Check below for free stories on THO;YUM;BIDU;HOLX;SIMO;IDIX;OGXI;CLDX the last two weeks.
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May 22, 2013
07:35 EDTOGXIBloom Burton & Co. to host a conference
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May 21, 2013
08:17 EDTHOLXHologic receives FDA approval for low-dose 3D mammography solution
Hologic announced that the FDA approved the use of Hologic's new C-View 2D imaging software. C-View 2D images may now be used in place of the conventional 2D exposure previously required as part of a Hologic 3D mammography screening exam.
07:34 EDTIDIXUBS to host a conference
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May 20, 2013
16:02 EDTBIDUOptions Update; May 20, 2013
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09:58 EDTBIDURumor of Baidu in search deal with Sohu may be true, Forbes says
Rumors, citing an industry source, that Baidu (BIDU) has reached an agreement to purchase Sogou from Sohu.com (SOHU) in a complex swap transaction might be true, despite seemingly contradictory indications from Charles Zhang that seem to say that Sogou isn’t for sale, according to Forbes contributor Doug Young. Reference Link
09:49 EDTBIDUBaidu rumored to be competing with Tencent to buy NetQin, TechinAsia says
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09:40 EDTBIDUActive equity option families trading
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07:29 EDTBIDUDeutsche Bank to host a conference
dbAccess Asia Conference 2013 is being held in Singapore on May 20-22.
05:54 EDTBIDUBaidu considers IPO for its video site, Bloomberg reports
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May 17, 2013
10:10 EDTBIDUBaidu 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 EDTBIDUSohu.com seeking strategic for search unit, Bloomberg reports
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May 16, 2013
16:48 EDTYUMYum! Brands Taco Bell CEO sees doubling revenue to $14B in 10 years
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May 15, 2013
14:02 EDTHOLXLeerink's medical devices analyst holds a conference call
Medical Devices Analyst Newitter discusses Hologic's tomosynthesis (3D) technology on an Analyst/Industry conference call to be held on May 16 at 2:30 pm.
09:31 EDTBIDU, BIDUBaidu mentioned cautiously at OTR Global
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May 13, 2013
10:12 EDTYUMYum! Brands falls after reporting 29% China sales decline
Shares of Yum! Brands (YUM) are retreating after the company disclosed that its same store sales had tumbled 29% in China last month, versus the same period in 2012. WHAT'S NEW: The 29% decline in Yum's same-store sales in China, which the company announced on Friday night in an SEC filing, was roughly in-line with the its previous guidance for a decline of about 30%. The outbreak of avian flu in China had a significant negative impact on sales of Yum's KFC restaurants in that country last month, Yum! stated. Historically, the impact of avian flu outbreaks on KFC sales has been "relatively short-lived," Yum! added. ANALYST REACTION: In a note earlier today to investors, Oppenheimer analyst Brian Bittner wrote that Yum's sales in China had probably bottomed last month, as he believes that the avian flu outbreak is unlikely to accelerate. Yum should meet analysts' 2013 consensus estimates, and the company is poised to rebound significantly next year, added the analyst. He kept an Outperform rating on the stock. TODAY'S PRICE ACTION: In early trading, Yum! fell $1.73, or 2.5%, to $68.60.
10:07 EDTYUMYum! Brands July and October volatility low
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08:13 EDTYUMYum! Brands China comps likely bottomed in Q1, says Oppenheimer
After Yum! Brands reported in-line April China comps of down 29%, Oppenheimer believes that the company's China comps likely bottomed in Q1 as the firm doesn't expect the avian flu outbreak in China to worsen. The firm expects Yum! to meet 2013 expectations, and it thinks the company could rebound significantly next year. The firm reiterates an Outperform rating on the stock.
May 10, 2013
16:32 EDTYUMYum! Brands April same-store sales for China division down 29%
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16:01 EDTBIDUOptions Update; May 10, 2013
CBOE Volatility Index VIX down 56c to 12.57. Option volume leaders: BIDU AAPL TSLA GOOG C MBI MGM according to Track Data.
09:49 EDTYUMYum! Brands embarking on media campaign in China, Reuters reports
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