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Stock Market & Financial Investment News

News Breaks
August 21, 2014
09:44 EDTWUBA58.com falls after results, outlook
Shares gapped down at the open to $46.15 and have bounced slightly following earnings and outlook from the company before the bell. At the current price of $46.72, support is at $46.15 and the low of the day at $45.30. Resistance is at $47.24, the session high so far, and then at $48.59.
News For WUBA From The Last 14 Days
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September 30, 2014
09:05 EDTWUBA58.com 5M share Block Trade priced at $37.30
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September 25, 2014
10:06 EDTWUBAOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 58.com (WUBA) initiated with a Neutral at Goldman... Auspex Pharmaceuticals (ASPX) initiated with a Buy at Ladenburg... Finjan Holdings (FNJN) initiated with a Buy at H.C. Wainwright... JD.com (JD) initiated with an Outperform at Macquarie... Korn/Ferry (KFY) initiated with a Neutral at Piper Jaffray... Manpower (MAN) initiated with an Overweight at Piper Jaffray... On Assignment (ASGN) initiated with an Overweight at Piper Jaffray... Robert Half (RHI) initiated with a Neutral at Piper Jaffray... Towers Watson (TW) initiated with an Overweight at Piper Jaffray.
07:13 EDTWUBA58.com initiated with a Neutral at Goldman
Goldman initiated 58.com with a Neutral rating and $33 price target due to accelerating marketing expenses mainly due to Ganji.coom competition.
06:04 EDTWUBA58.com buys new office space in Beijing for $168.4M to co-locate offices
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