SINA Doesn’t Make The Grade (SINA, SOHU, BIDU)
SINA Corporation (Nasdaq:SINA): Non-GAAP net income was $16.1 million or $0.27 diluted non-GAAP and $0.25 GAAP EPS; net revenues increased 11% year over year to $59.8 million, within the upper range of…
SINA Corporation (Nasdaq:SINA): Non-GAAP net income was $16.1 million or $0.27 diluted non-GAAP and $0.25 GAAP EPS; net revenues increased 11% year over year to $59.8 million, within the upper range of…
Management at Skype is under pressure from its parent Ebay (EBAY) to deliver some revenue. The company’s last 10-Q shows "communications revenue", Skype, with revenue of $89 million. Skype had 220 million…
A look at Sohu’s (SOHU) earnings for the last quarter shows how small and vulnerable China’s internet properties are compared with global operations like Google (GOOG) and Yahoo! (YHOO). It also indicates…
(AAPL) Apple traded down initially, but shares are up 7% pre-market after earnings and maintaining 2008 iPhone sales.(AKAM) Akamai Tech $0.30 EPS vs $0.30 estimate; shares down over 10% pre-market on guidance…
Bloomberg wrote, just before Baidu’s (BIDU) earnings, that the internet and investing worlds had lined up against the company. Short interest in the stock was up, and Google (GOOG) was making in-roads…
According to Reuters, Apple (AAPL) turned in strong results driven by Mac sales and the stock moved up 10%. Reuters writes that Sony’s (SNE) profit tripled as webcam sales more than offset…
According to Reuters, Amazon’s (AMZN) sales and earnings rose and the stock was up almost 20% after hours. Reuters writes that the CEO of XM Satellite (XMSR) will step down next month.…
The Hindustan Times is reporting that Yahoo! (YHOO) and Google (GOOG) may be making bids for Indian web portal Rediff (REDF). The price would be as high as $1 billion. The news…
Unlike most counties, China’s top websites are not Yahoo! (YHOO) and Google (GOOG). According to a new Asia internet study by comScore, two of the top three sites in China are Baidu…
BIDU downgraded to hold at Citi. Wachovia lowers earnings estimates at INFY. AFT announces revenue for Q2 will be below Wall St. consensus. ISIS upgraded to strong buy at Needham. XFML says…
Chinese search leader Baidu (BIDU) has formed a partnership with the largest Chinese record label to stream music online. For free. Advertising will run on the pages where the music is accessed.…
Stock Tickers: CME, BOT, DFS, RIMM, AAPL, AA, RTP, AL, AMD, MOT, ALU, MPEL, GM, TM, BIDU, INTC, DELL, MSFT If the CME (CME) and CBOT (BOT) doesn’t get approved next week,…
Baidu.com (BIDU) hit a 52-week high of almost $194 today. That puts the shares up over 110%. And, the company has a market cap of $6.4 billion. That is 49 times trailing…
You have to love the communists. In China, to be a news distributor, a company must be approved by the country’s Ministry of Information and Industry. Google (GOOG) got this approval recently,…
Stock Tickers: YHOO, EBAY, AMZN, S, F, MOT, BIDU, SSW, FMCN, BA, NVO, CLWR, SIRI, XMSR, INTC, ADBE, INTC, BX The real big news this week was the stock market itself. A…