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International Stock and ADR NewsNews and analysis on stocks and ADRs from China, Brazil, India, Russia, Canada, and many other countries. Sify Puts A Post-Earnings Charge Into India ADRs (SIFY, TTM, HDB, INFY, IBN, SAYCY, WIT)by Todd Shriber | July 29th
Shares of Sify Technologies (SIFY), the Indian provider of business and consumer Internet services, are soaring 19% after the company reported a second-quarter EBITDA profit of $2.8 million compared with $510,000 a year earlier as revenue climbed to $50.73 million, a…  Yandex Reports Strong Earnings, Stock Falls On Investigation (YNDX, GOOG, DATE, RENN, TAOM, TZOO, HSWI, YOKU)by Eric Monte | July 28th
Shares of Yandex (YNDX), Russia’s largest search engine, are down 4% despite the company posting a second-quarter income of $49.1 million, while revenue jumped 57% from this time last year to $161.7 million. The company also noted that it expects 2011… China Spy: Investors Bid Up ‘High Flying’ Stocks (GA, CYOU, NQ, CGA, VIT, CEA)by Eric Monte | July 27th
The Hang Seng Index performed well over the past week, gaining over 3%. As clarity was brought to the Greek debt crisis investors began to take on more risk. Traditionally high flying Indexes that focus on the Internet saw the… Baidu’s Earnings Report Jump-Starts Chinese Internet Stocks (BIDU, GOOG, SOHU, YOKU, RENN, TAOM, SINA)by Todd Shriber | July 26th
Shares of Baidu (BIDU), China’s largest provider of Internet search services, are surging 5% today after the company said its second-quarter profit nearly doubled and forecast third-quarter revenue of $611.1-$626.6 million, easily topping the consensus estimate of $569.6 million. The news… A Pair Of Chinese Internet Names Get Some Analyst Love (CYOU, SOHU, BIDU, DATE, DANG, AMZN, TAOM, YOKU)by Todd Shriber | July 25th
Shares of Changyou (CYOU), the Chinese online game developer, touched a new 52-week high earlier today and are surging 7% after T.H. Capital initiated coverage of the stock with a “buy” rating and a $57 price target, implying significant upside from… Taomee Falters Following New Analyst Coverage (TAOM, BIDU, DATE, SINA, YOKU)by Todd Shriber | July 21st
Shares of Taomee Holdings (TAOM), the newly public Chinese Internet children’s portal, are slumping 4% after some mixed new coverage of the stock from a pair of research firms. Oppenheimer initiated coverage of the stock with a “perform” rating and a… Baidu Tunes Into Beyonce, Lady Gaga (BIDU, SNE, GOOG, YOKU, CYOU, DANG, DANG, AMZN, SINA)by Todd Shriber | July 20th
Shares of Baidu (BIDU), China’s largest provider of Internet search services, are up 1% after the company announced it will pay Sony (SNE), Universal Music Group and Warner Music Group to feature songs by Beyonce, Lady Gaga and other popular artists. Baidu’s… China Spy: Risk Comes Back To China High Flyers (DATE, JKS, LPH, EDU, SORL)by Eric Monte | July 20th
The Hang Seng Index struggled over the past week, losing over 3%. The past week saw Chinese stocks react to what most of the world had its eyes on, the European debt crisis. Traders may be fearing that the crisis… Baidu May Be Losing Grip On Chinese Search Dominance (BIDU, GOOG, SINA, SOHU, DANG, AMZN, YOKU, RENN)by Todd Shriber | July 18th
Shares of Baidu (BIDU), the largest provider of Internet search services in China, are off 1% today after a report in the Wall Street Journal noted the company is facing heightened competition for market share in China, the world’s largest Internet market.… Sina Surges On Weibo Currency Plans (SINA, GOOG, RENN, SOHU, DANG, AMZN, CTRP, QIHU)by Todd Shriber | July 13th
Shares of SINA (SINA), operator of the Weibo microblogging service commonly known as China’s answer to Twitter, are soaring 7% today on news the company plans to introduce a virtual currency to be used on the platform sometime in the current…  |
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