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Market Wrap For March 18: Markets Positive Despite Crimea Concerns
Tuesday, March 18, 2014 - 4:35pm | 2079Read More...U.S. stocks extended Monday's gains despite lingering concerns over Crimea. Russian President Vladimir Putin has authorized a draft treaty for Crimea to join Russia. U.S. economic data showed that housing starts in February remain healthy with modest gains. The Dow gained 0.55 percent,...
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Market Wrap For March 17: Investors Focused On Economic Data Instead Of Crimea Concerns
Monday, March 17, 2014 - 4:45pm | 2393Read More...U.S. stocks rose as investors focused on positive economic data rather than the tense situation in Ukraine. Economic reports showed that U.S. industrial production rose in February. President Obama imposed sanctions against Russian and Crimea officials following an election on Sunday which...
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Top Trending Tickers On StockTwits For March 17
Monday, March 17, 2014 - 9:38am | 641Read More...Here's a look at the top tickers trending on StockTwits.com. Intercept Pharmaceuticals: Phase III trial update Intercept Pharmaceuticals (NASDAQ: ICPT) announced hat its liver disease drug obeticholic acid (OCA) for primary biliary cirrhosis has been successful in its POISE phase III clinical...
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Groupon, Zynga Buck Social Media Short Interest (GRPN, LNKD, ZNGA)
Thursday, March 13, 2014 - 9:44am | 899Read More...Late February saw declining interest by short sellers in several social media companies based in the United States. However, Groupon (NASDAQ: GRPN), LinkedIn (NYSE: LNKD) and Zynga (NASDAQ: ZNGA) bucked that trend. The number of shares short in eBay, Pandora Media and Yelp shrank by double-...
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More Big Moves In Social Media Short Interest (LNKD, TWTR, ZNGA)
Friday, February 28, 2014 - 8:22am | 824Read More...Early February saw resumed interest by short sellers in several social media companies based in the United States, particularly LinkedIn (NYSE: LNKD), Twitter (NYSE: TWTR) and Zynga (NASDAQ: ZNGA). The number of shares short in Facebook, Groupon, Shutterfly and Yelp also rose by double-digit...
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Market Wrap For February 24: Markets Showing Strength To Start The Week
Monday, February 24, 2014 - 5:46pm | 3826Read More...U.S. stocks rose as investors as the S&P 500 traded at new historical highs and clearing its 2014 losses. Investors shrugged off disappointing earning reports and economic data and chose to focus on several prominent merger and acquisition activities. The S&P 500 hit a new intra-day...
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Market Wrap For January 17: Stocks Finish Week With Mixed Results
Friday, January 17, 2014 - 5:40pm | 2758Read More...Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...
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Seven ETFs On A Roll (BIB, SOCL, TAN)
Saturday, October 5, 2013 - 10:55am | 898Read More...Shares of the following exchange traded funds are trading more than 20 percent higher than 90 days ago, and they are within 10 percent of their 52-week highs. This set of ETFs provides a peek at areas investors have focused on in the third quarter, even as interest rates crept up, during the...
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Ryanair and SINA Dropped from the NASDAQ Q-50
Monday, September 17, 2012 - 2:37pm | 584Read More...When NASDAQ OMX Group Inc. (NASDAQ: NDAQ) announced its quarterly reshuffling of the NASDAQ Q-50 Index, what grabbed the attention was that social media giant Facebook (NASDAQ: FB) had been added to the list, effective at market open on Monday, September 24, 2012. Groupon (NASDAQ: GRPN) and Western...
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Sina (SINA) Looks Ready to Reclaim Losses
Tuesday, October 11, 2011 - 8:51am | 303Read More...The Chinese Internet sector has been a volatile group recently, especially since the US Department of Justice announce it would be investigating the accounting activities of companies domiciled in China. Following a wave of Chinese reverse mergers that have been condemned to the pink sheets,...
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Piper Jaffray Reiterates Buy and PT of $139 on SINA
Friday, June 10, 2011 - 8:50am | 113Read More...Piper Jaffray reiterated its Buy rating on SINA (NASDAQ: SINA). At the same time, Piper Jaffray left its price target on the company's stock unchanged at $139. In a research report published today, Piper Jaffray states, "The bottom line is that we view the recent 15% pullback in shares of SINA as...
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Mirae Asset Reiterates Hold on Sina, Raises PT to $125
Friday, June 3, 2011 - 7:09am | 152Read More...Mirae Asset reiterated its Hold rating on Sina (NASDAQ: SINA). At the same time, Mirae Asset raised its price target on the company's stock to $125. In a research report published today, Mirae Asset states, "We expect SINA Weibo's monetization to remain a drawn-out process but in the next three...
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Mirae Asset Raises PT On SINA To $125
Friday, June 3, 2011 - 5:58am | 25Read More...Mirae Asset has raised the price target on Sina (NASDAQ: SINA) to $125 and maintains its Hold rating.
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Gobbling up on Chinese Internet Companies
Wednesday, May 18, 2011 - 12:17pm | 536Read More...Overwhelmed by earnings stories on Hewlett Packard (NYSE: HPQ), Dell (NASDAQ: DELL), IMF Chief getting arrested, and the debt ceiling crisis (if there's one; the bond market certainly does not believe in one, as it keeps rallying in preparation for the arrival of QE3), an acquisition news was...
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UPDATE: Credit Suisse Raises PT on SINA to $140 (SINA)
Tuesday, May 17, 2011 - 7:41am | 105Read More...Credit Suisse is out with its report today on SINA (NASDAQ: SINA), raising its PT from $127.70 to $140.00. In a note to clients, Credit Suisse writes, "We cut our 2011E EPS by 16% on higher marketing cost assumptions. Given its micro-blog's top rank in the CS survey, we raise our 2013E EPS by 4%...
