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Brean Expects Solid Growth From Sina, Driven By Weibo
Thursday, March 3, 2016 - 9:25am | 268Read More...Brean Capital's Fawne Jiang maintained a Buy rating on SINA Corp (NASDAQ: SINA), with a price target of $55. The company reported strong Q4 results, driven primarily by robust growth at Weibo. SINA's non-GAAP net revenue beat the consensus, while brand advertising grew 23 percent year-...
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No, Xiaomi's President Didn't Say He 'Will Acquire' BlackBerry
Thursday, June 4, 2015 - 10:59am | 230Read More...Another day, another Blackberry Ltd (NASDAQ: BBRY) rumor. Comments from Xiaomi president Bin Lin on Wednesday sparked rumors that the Chinese firm would be acquiring BlackBerry. A post by the executive on Weibo, according to Google Translate, seemed to say that his company "will acquire Blackberry...
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Global Social Network Users Pass 2 Billion For First Time Ever
Monday, April 6, 2015 - 4:38pm | 296Read More...A new report from Strategy Analytics is out. It looks into usage and advertising trends across major social networks, which continued to show strong growth in 2014. For the first time, global social network users surpassed 2 billion users in 2014 –- about 29 percent of the world’s...
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TH Capital: Sina's Portal Business In Transitional Phase
Tuesday, November 18, 2014 - 3:00pm | 325Read More...In a note to clients on Tuesday, Tian X. Hou of TH Capital reiterated a Hold rating (with no assigned price target) on Sina Corp (NASDAQ: SINA) following the company's in-line third quarter results. According to Hou, Sina's fourth-quarter guidance was below what analysts expected as the...
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iPhone 6 Image Leak: Real Or Fake?
Monday, August 25, 2014 - 5:00pm | 604Read More...CNET, NDTV and numerous others reported that China Telecom (NYSE: CHA) had leaked the iPhone 6 on Weibo. Diehard Apple (NASDAQ: AAPL) users quickly pointed out that the image -- which features three iPhones (in black, gray and gold) and a new tagline ("Even Better") -- had been...
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Market Wrap For June 9: Markets Higher On St. Louis Fed Comments, Low Volume
Monday, June 9, 2014 - 4:42pm | 2188Read More...U.S. markets rose for the fourth straight session as investors positively digested comments coming from the St. Louis Fed. Jim Bullard, the St. Louis Fed chief said that inflation is low but moving back toward the two percent target. As such, Bullard argued that the Federal Reserve Open...
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Market Wrap For April 17: Mixed Earnings Drag The Dow Lower While S&P 500 & Nasdaq End Positive
Thursday, April 17, 2014 - 4:42pm | 2645Read More...U.S. stocks were mostly higher on Thursday as both the S&P 500 index and Nasdaq index recorded a fourth straight winning session in a relatively slow news day that was heavy on earnings. The Dow Jones rose as much as 35 points and falling as much as 56 as earnings from Dow listed companies...
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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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Sina Corporation Rises 3% After Q3 Results
Tuesday, November 12, 2013 - 7:29pm | 319Read More...Sina Corporation (NASDAQ: SINA) was up more than three percent in after hours trading after announcing the firm's third quarter results. The internet media company's Q3 EPS came in at $0.42 versus the Street estimate of $0.20. Earnings per share were up 118 percent from the year-ago quarter. ...
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Barron's Recap (9/15/12): Top 40 Wealth Managers for the Super Rich
Monday, September 17, 2012 - 7:13am | 881Read More...This weekend in Barron's online: the annual ranking of the top 40 wealth managers, and the prospects for Nordstrom, Iron Mountain, Compass Minerals and Kratos Defense & Security Solutions. Cover Story "Best of Breed" by Karen Hube. Barron's ranking of the top 40 wealth managers for the...
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SINA Corporation Up Nearly 4% Despite Company Nixing Investment
Friday, July 1, 2011 - 10:53am | 90Read More...SINA Corporation (NASDAQ: SINA) shares are up almost 4% today as a report came out this morning that the company reportedly said no to a $500 million investment from DST Group to be put into Weibo, which is Sina's version of Twitter. The reported investment would have made Weibo worth $5 billion...
