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ArchiveYandex Reports Strong Earnings, Stock Falls On Investigation (YNDX, GOOG, DATE, RENN, TAOM, TZOO, HSWI, YOKU)Posted by Eric Monte at 3:30PM on 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…  Baidu’s Earnings Report Jump-Starts Chinese Internet Stocks (BIDU, GOOG, SOHU, YOKU, RENN, TAOM, SINA)Posted by Todd Shriber at 11:40AM on 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)Posted by Todd Shriber at 1:32PM on 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)Posted by Todd Shriber at 11:46AM on 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… Afternoon Spy: China Stocks Rock, Apple Keeps On Rolling (SINA, TAOM, PAL, UXG, LDK, NFLX, AAPL)Posted by Eric Monte at 1:58PM on July 13th
The markets are trading solidly to the up side on Wednesday. Traders may be welcoming comments from Federal Reserve Chairman Bernanke after he said additional measures to aid the economy may be used if necessary. In economic news, China released… |
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