Why 58.com Inc. Shares Skyrocketed Today
Steve Symington, The Motley Fool - Motley Fool - 53 mins ago
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of 58.com Inc. rose nearly 15% Tuesday after...
China Markets Rise, China Stocks Lead U.S. Market Gain
at Investor's Business Daily - 1 hr 51 mins ago
China's markets surged Tuesday in a unanimous show of gusto, while major indexes in the U.S. posted wobbly gains and European markets declined. The Shanghai Composite bolted 1.9% higher, reopening on a positive note after a spring holiday Monday....
Nasdaq, China Names Lead Day; Alcoa Rises On Earnings
at Investor's Business Daily - 2 hrs 18 mins ago
Major averages bounced higher in lower volume Tuesday. China growth names did the heavy lifting, fueling a day of outperformance for the Nasdaq. At the close, the Nasdaq rose 0.8% and the S&P 500 added 0.4%. The benchmark index fell below its 50-day...
Why 58.com, Barracuda Networks, and Vipshop Holdings Are Today's 3 Best Stocks
Sean Williams, The Motley Fool - Motley Fool - 2 hrs 32 mins ago
This should be a big week for economic data, with minutes from the last Federal Open Market Committee meeting due tomorrow, weekly initial jobless claims and the Treasury budget to be released on Thursday, and the March Producer Price Index and...
Why 58.com Inc (WUBA) Stock Is Spiking on Tuesday
at The Street - Tue Apr 08, 11:21AM CDT
Online marketplace 58.com Inc (WUBA) is spiking on Tuesday after Tiger Global Management, run by Chase Coleman, disclosed it has increased its stake to 6.5%, or 2.52 million shares. The firm had previously only held 300,000 shares in the company.
Nasdaq Outperforms Early; China Growth Names Bounce
at Investor's Business Daily - Tue Apr 08, 10:56AM CDT
Major averages opened higher Tuesday and held gains about two hours into the session. The Nasdaq outperformed, rising 0.9%. The S&P 500 rose 0.4% and the Dow Jones industrial average added 0.2%. NYSE volume was tracking 11% higher than Monday. Nasdaq...
Critical Alerts For Bitauto, SouFun, JinkoSolar, 58.com, and YY Released By InvestorsObserver
PR Newswire - Wed Apr 02, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for BITA, SFUN, JKS, WUBA, and YY.
58.com (WUBA) Soars: Stock Adds 12.4% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Apr 02, 7:57AM CDT
58.com Inc. (WUBA) was a big mover last session, as the company saw its shares rise over 12% on the day.
Financial Results Releases, Public Offer Pricings, Event Updates, and Senior Level Promotions - Analyst Notes on Red Hat, 58.com, CommScope, Palo Alto, and Catamaran
PR Newswire - Wed Apr 02, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Red Hat, Inc. (NYSE: RHT), 58.com Inc. (NYSE: WUBA), CommScope Holding Company, Inc. (NASDAQ: COMM), Palo Alto Networks, Inc. (NYSE: PANW), and Catamaran Corporation (NASDAQ: CTRX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
China's Recent IPOs Are Wild, But Maybe Worth The Ride
at Investor's Business Daily - Tue Apr 01, 4:30PM CDT
For anyone keeping track, almost 50 companies went public on China's Shanghai and Shenzhen stock exchanges in the first quarter. Many Chinese companies have also looked further afield, most notably in the recent decision of China's online marketplace...
58.com prices follow-on public offering of American Depositary Shares
M2 - Mon Mar 31, 10:22AM CDT
58.com Inc. (NYSE: WUBA) said its registered follow-on public offering of American depositary shares by the company and certain selling shareholders was priced at USD38.00 per ADS.
Why 58.com Inc Shares Temporarily Jumped Today
Steve Symington, The Motley Fool - Motley Fool - Fri Mar 28, 6:39PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of 58.com Inc initially rose more than 10%...
Stocks Higher But Paring Gains; 58.com Rebounds
at Investor's Business Daily - Fri Mar 28, 12:31PM CDT
Stocks were off their session highs in early-afternoon trading Friday but still in recovery mode after sliding in the past two days. The Nasdaq trimmed a 1.3% gain to 0.8%. The S&P 500 pared a 1% spike to 0.7%. Meanwhile, the Dow Jones industrial...
Why 58.com (WUBA) Stock Is Down Today
at The Street - Fri Mar 28, 8:52AM CDT
58.com (WUBA) dipped on Friday after the company announced the pricing of and reduced the size of its secondary public offering of American Depositary Shares. 58.com reduced the number of shares to 6 million from 8 million and priced the offering at...
58.com Announces Pricing of Follow-on Public Offering of American Depositary Shares
PR Newswire - Fri Mar 28, 8:01AM CDT
58.com Inc. (NYSE: WUBA) (the "Company") today announced that the previously announced registered follow-on public offering of American depositary shares ("ADSs") by the Company and certain selling shareholders was priced at US$38.00 per ADS. The Company will issue and sell 2,000,000 ADSs and the selling shareholders will sell an aggregate of 4,000,000 ADSs. Each ADS represents two Class A ordinary shares of the Company. In connection with this offering, the selling shareholders have granted the underwriters a 30-day option to purchase up to an aggregate of 900,000 additional ADSs.
Milestone Achievements, Partnerships, and Offerings - Analyst Notes on LinkedIn, Yelp, HomeAway, IAC, and 58.com
PR Newswire - Fri Mar 28, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding LinkedIn Corporation (NYSE: LNKD), Yelp Inc. (NYSE: YELP), HomeAway, Inc. (NASDAQ: AWAY), IAC/InterActiveCorp (NASDAQ: IACI), and 58.com Inc. (NYSE: WUBA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Major Indexes Stay Mixed; Sungy, Ubiquiti Slide
at Investor's Business Daily - Wed Mar 26, 12:26PM CDT
Stocks continued to trade mixed Wednesday afternoon after fading from an early rally brought on by a report of a better-than-expected rise in U.S. durable goods orders for February. Orders grew 2.2% for the month, much higher than the consensus...
xG Technology, Inc. (XGTI) Soars: Stock Adds 14.8% in Session - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 26, 8:39AM CDT
xG Technology, Inc. was a big mover last session, as its shares rose nearly 15% on the day.
Stocks Rebound From Mixed Territory; Splunk Slides
at Investor's Business Daily - Tue Mar 25, 12:19PM CDT
Stocks were higher Tuesday afternoon after bouncing back from mixed territory. The Dow Jones industrial led with a 0.5% gain and the S&P 500 rose 0.3%. Meanwhile, the Nasdaq rose a fraction in volatile trading. Intraday, the tech-heavy index has been...
IPOs and Transactions: March 17 - 21
PR Newswire - Mon Mar 24, 11:30AM CDT
There were 56 transactions filed with the SEC last week. Highlighted corporations and law firms include: