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Stock Market & Financial Investment News

News Breaks
August 20, 2012
05:20 EDTYOKU, TUDOTudou Holdings shareholders approve merger with Youku Inc.
Tudou Holdings Ltd. (TUDO) announced that, at the annual general meeting, shareholders voted in favor of, among other things, the proposal to authorize and approve the previously announced merger agreement dated March 11, by and among Youku (YOKU), Two Merger Sub Inc. and Tudou, the plan of merger attached as Annex A to the Merger Agreement, and the merger contemplated thereunder. Based on the final tabulation, approximately 99.7% of the ordinary shares of the company present in person or by proxy at the annual general meeting, or AGM, voted "FOR" the resolution to authorize and approve the Merger Agreement, the Plan of Merger and the Merger, which was therefore passed as a special resolution. Over a majority of the ordinary shares of the Company present in person or by proxy at the AGM also voted "FOR" the re-election of Gary Wei Wang, Hany Nada, David M. Hand, Ted Tak-Tai Lee and Conor Chia-hung Yang, which was therefore passed as an ordinary resolution.
News For TUDO;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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June 16, 2015
10:06 EDTYOKUHigh option volume stocks
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10:06 EDTYOKUAlibaba streaming plans could be precursor to Youku takeover bid, blog contends
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