Jon OggInvestors and traders alike are looking for ideas and recommendations now that the government shutdown is here and with a debt ceiling debate ahead. Each morning 24/7 Wall St. reviews dozens…
ThinkstockCredit Suisse has initiated coverage of Chinese Internet stocks. Its sector weighting is now listed as Overweight, but we have seen individual stocks with analyst calls that are mixed, from Neutral to…
Jon OggStocks have seen five days of selling, and investors are deciding which stocks are bargains and which ones will have more downside. 24/7 Wall St. reviews dozens of Wall Street analyst…
ThinkstockHong Kong-listed Tencent Holdings Ltd. announced Monday morning that the company has invested $448 million in privately held Sogou Inc. and merged its search business with Sogou’s. Tencent now holds 36.5% of…
ThinkstockQihoo 360 Technology Co. Ltd. (NYSE: QIHU) on Monday morning reported adjusted earnings per American Depositary Share (ADS) of $0.40 on revenues of $151. 67 million for its second fiscal quarter ended…
July 26, 2013: U.S. equity markets opened lower this morning on a day when the only U.S. economic data of note was the revised University of Michigan/Thomson Reuters consumer sentiment index, which…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Friday, July 26, 2013. They include Baidu, Tesla Motors, Campbell Soup, OpenTable and Raytheon.
ThinkstockGoogle Inc.’s (NASDAQ: GOOG) single greatest weakness may be its poor market share in the world’s largest country as measured by population and Internet users — China. To make matters worse, Google’s…
July 24, 2013: U.S. equity markets opened higher this morning following upbeat estimates for eurozone flash PMI readings. In Asia, China’s PMI came in lower than expected, leading to more worries about…
July 16, 2013: U.S. equity markets opened a bit higher this morning but almost instantly turned lower and remained in the red virtually all day. In Europe, Germany’s ZEW economic sentiment survey…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, July 16, 2013. They include Baidu, Citigroup, GM, Ford and Yum! Brands.
Google Inc. (NASDAQ: GOOG) has trouble in some of the largest markets overseas. As its share price rockets to more than $900 and reaches all-time highs, investors anticipate that its advertising revenue,…
courtesy of Google Inc.Baidu Inc. (NASDAQ: BIDU) should not be pleased at all that growth in mainland China keeps ratcheting lower to a new base. But on a day that might have…
ThinkstockIf you think that the United States is down, the move was even worse in China. Barron’s took its shot at a coming credit crisis in China over the weekend, but what…
U.S. equity markets opened lower this morning after hearing that U.S. GDP growth in the first quarter came in at 2.5%, well below the expected 3.1% (more coverage here). U.S. consumer sentiment…
