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Opera Up 60% After Co. Confirms Buyout Offer From Chinese Consortium Including Qihuoo 360
Wednesday, February 10, 2016 - 11:56am | 263Benzinga reported on February 5 that Norway-based Opera Software (OTC: OPESF) was a likely acquisition target and China-based Qihoo 360 Technology Co Ltd (NYSE: QIHU) could be a potential buyer. Opera Software confirmed on Wednesday it has reached an agreement with a consortium of investors,...
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Market Wrap For November 26: Nasdaq Closes Above 4,000 For First Time Since 2000
Tuesday, November 26, 2013 - 5:44pm | 1627Investors and traders certainly had their plates full Tuesday with a plethora of data releases sending the Dow to new record highs and the Nasdaq index closing above 4,000 after briefly breaching the mark on Monday. The markets gave back modest gains towards the end of the trading session and...
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UPDATE: Stifel Nicolaus Upgrades Qihoo 360 Technology to Buy
Friday, May 20, 2011 - 8:28am | 106Stifel Nicolaus is out with its report today on Qihoo 360 Technology (NASDAQ: QIHU), upgrading QIHU from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "We are upgrading the shares of Qihoo 360 to Buy from Hold and establishing a $38.00 price target on the shares. Our upgrade is based...
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UPDATE: Stifel Nicolaus Initiates Qihoo 360 Technology at Hold (QIHU)
Monday, May 9, 2011 - 8:45am | 115Stifel Nicolaus is out with its report today on Qihoo 360 Technology (NASDAQ: QIHU), initiating QIHU at Hold. In a note to clients, Stifel Nicolaus writes, "We are initiating coverage on Qihoo 360 with a Hold rating on the shares due to valuation. Qihoo 360 shares trade at an EV/ adjusted EBITDA...