ArchiveEuropean Dreams Not Coming True (HAL, C, BEXP, STO, GMCR, SNDA, EFOI)Posted by Geoff Seiler at 4:39PM on October 17th
Stocks tumbled as headlines out of Europe put a damper on last week’s rally. Comments from German officials downplaying an upcoming meeting of EU leaders this weekend were the main cause of the market weakness. A spokesman for German Chancellor… Goldman Comes To Youku.com’s Defense (YOKU, SINA, GS, RENN, CYOU, BIDU, SNDA, SOHU)Posted by Todd Shriber at 12:12PM on June 16th
A day after getting rocked by a price target reduction by Maxim Group, shares of Youku.com (YOKU), China’s equivalent of YouTube, are soaring 5% after Goldman Sachs added the the stock to its conviction buy list while raising its rating on… Hard To Watch: Youku.com Continues Slide After Price Target Cut (YOKU, BIDU, SOHU, CTRP, SINA, SNDA, RENN)Posted by Todd Shriber at 12:45PM on June 15th
Shares of Youku.com (YOKU), the company commonly referred to as the YouTube of China, are down 4% after Maxim Group slashed its price target on Youku to $22 from $30, which is well below where the beleaguered stock currently trades. That… eLong Sparks Chinese Internet Rally (LONG, EXPE, CTRP, SINA, RENN, SNDA, CYOU, SOHU)Posted by Todd Shriber at 12:35PM on May 17th
Shares of Chinese travel booking Web site eLong (LONG) are surging 53% on news that Chinese Internet giant Tencent will take a 16% stake in the company that is Expedia’s (EXPE) Chinese operation. The move by Tencent makes it the second-largest eLong… Cramer Turns On Sina, Still Likes Baidu (BIDU, SINA, NQ, RENN, LONG, SOHU, SNDA, YOKU, DANG, AMZN)Posted by Todd Shriber at 12:11PM on May 16th
“Mad Money” host Jim Cramer returned to his long-held view that Baidu (BIDU), China’s largest provider of Internet search services, is the only investable name among Chinese stocks, calling SINA (SINA) a “dice roll.” Shares of Sina, whose Weibo microblogging service has… China Stocks the Weakest Links (DDS, JWN, KSS, RENN, SINA, GA, SNDA, HYC, PAY, YOKU)Posted by Eric Monte at 10:52AM on May 13th
Markets are trading flat on Friday after the Consumer Sentiment Index rose for the second straight month. May’s release showed a reading of 72.8, up from April’s reading of 69.8. Although this number is strong, it is still well short… Renren: Newly Public And Already Vulnerable? (RENN, GOOG, QIHU, AAPL, YOKU, BIDU, DANG, SNDA, SOHU)Posted by Todd Shriber at 12:30PM on May 9th
Fresh off its $743.4 million IPO last week, Renren (RENN), known as the Facebook of China, could be vulnerable if it runs afoul of Beijing’s policies regarding freedom of information and could even be shut down if Chinese regulators see fit.… Enthusiasm Wanes For Baidu Earnings (BIDU, QIHU, YOKU, DANG, SNDA, SINA)Posted by Todd Shriber at 12:07PM on April 28th
Shares of Baidu (BIDU), China’s largest provider of Internet search services, are lower by 1% despite the company reporting a first-quarter profit that more than doubled and beat analysts’ estimates. Revenue for the quarter nearly doubled as well and was in… Fears Overblown As Tech Earnings Showing Surprising Strength (LLTC, ISRG, IBM, INTC, QCOM, FFIV, AAPL, PII, SNDA)Posted by Geoff Seiler at 4:52PM on April 20th
Stocks surged, buoyed by a bevy of strong earnings reports. Tech stocks were trading particularly well, with a strong report from Intel (INTC) spurring belief that maybe PCs can co-exist with tablets and smartphones after all. Intel’s results and commentary were… Deutsche Bank Takes Shanda Games To Hold (SNDA, GAME, CYOU, NCTY, GIGM, PWRD)Posted by Owen Vater at 9:44AM on September 10th
2009 Shanda Interactive Entertertainment (SNDA) spinoff Shanda Games Limited (GAME) has been the focus of the Chinese online gaming segment of late following the company’s second-quarter earnings report, a strategic acquisition, and some related commentary from analysts. This morning Deutsche Bank downgraded… |
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