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…
U.S. equity markets opened higher this morning following a report on U.S. unemployment that was better than analysts expected (more coverage here). There were literally hundreds of U.S. companies reporting earnings between…
ThinkstockCloud software company Marin Software Inc. (NYSE: MRIN) held its initial public offering (IPO) this morning, and the shares priced at $14, above the projected range of $11 to $13. The company…
ThinkstockRussia’s largest search engine, Yandex N.V. (NASDAQ: YNDX), announced a secondary offering of more than 24 million shares after markets closed last night, and the stock promptly fell 8%. But all is…
courtesy of Apple Inc.By one analyst’s count, the Chinese will buy about 30% of all mobile phones shipped in 2013, or 240 million units of a total approaching 840 million worldwide shipments.…
