Internet Software and Services Equities under the Scanner -- Research on Bitauto Holdings, Renren, Yandex, and Baidu
PR Newswire - Fri Jul 11, 7:00AM CDT
The trading session on Thursday, July 10, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,915.07, down 0.42% and the NASDAQ Composite closed at 4,396.20, down 0.52%. The S&P 500 finished the day 0.41% lower at 1,964.68. The losses were broad based as eight out of ten sectors finished on a negative note. The S&P 500 Information Technology Sector Index finished the day at 637.40, down 0.29%, while the index has gained 1.38% in the previous one month. Investor-Edge has initiated coverage on the following equities: Bitauto Holdings Ltd (NYSE: BITA), Renren Inc. (NYSE: RENN), Yandex N.V. (NASDAQ: YNDX) and Baidu Inc. (NASDAQ: BIDU). Free technical research on BITA, RENN, YNDX and BIDU can be downloaded upon signing up at:
'Fast Money' Recap: Let Your Winning Trades Keep Running
at The Street - Wed Jul 02, 4:00AM CDT
The trading panel discussed yet another closing high for the S&P 500 and DJIA plus what they are buying and selling.
Yik Yak Raises $10 Million to Grow Hyper-Local Social Networking
Marketwire - Mon Jun 30, 6:00AM CDT
Yik Yak, the social messaging app for private, localized engagement, today announced it has secured a fresh $10 million in funding led by DCM and joined by Azure Capital Partners, Renren Inc. (NYSE: RENN), a leading social networking company in China, and venture capitalist Tim Draper. The Series A influx of capital will be used to build out infrastructure, hire new engineers, and bring the app to virtually all U.S. college campuses by the end of the year.
Pre-market Internet Software and Services Picks -- Research on Renren, Yahoo!, Google, and IAC/InterActiveCorp
PR Newswire - Thu Jun 05, 6:20AM CDT
On Wednesday, June 04, 2014, the NASDAQ Composite ended at 4,251.64, up 0.41%, the Dow Jones Industrial Average advanced 0.09%, to finish the day at 16,737.53, and the S&P 500 closed at 1,927.88, up 0.19%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 618.33, up 0.26%, with the index also advancing 3.72% in the previous one month. Investor-Edge has initiated coverage on the following equities: Renren Inc. (NYSE: RENN), Yahoo! Inc. (NASDAQ: YHOO), Google Inc. (NASDAQ: GOOGL) and IAC/InterActiveCorp (NASDAQ: IACI). Free technical research on RENN, YHOO, GOOGL and IACI can be downloaded upon signing up at:
Fundrise Raises $31+ Million, Led by Renren Inc., Silverstein Properties, and the Collaborative Fund
Business Wire - Wed May 28, 6:01AM CDT
Fundrise (www.fundrise.com), the leading real estate crowdfunding site, and its parent company, Rise Companies Corp., announced today that they have raised more than $31 million in financing from a consortium of real estate, technology, and financial institutions. The financing round was led by Renren Inc. (NYSE: RENN), Marty Burger and Tal Kerret, the CEO and CIO of Silverstein Properties, and the Collaborative Fund, among others.
A Fool Looks Back
Rick Munarriz, The Motley Fool - Motley Fool - Sat May 24, 6:30AM CDT
GameStop and Best Buy proved that you can never leave an out-of-favor retailer for dead. Both chains saw their stocks tick higher on Thursday after posting quarterly results. GameStop's report was worthy of applause. Earnings per share soared...
Once Again, Renren Inc. Is No Facebook
Rick Munarriz, The Motley Fool - Motley Fool - Thu May 22, 2:45PM CDT
Renren posted a rare quarterly profit Wednesday evening, but that's as accurate as when investors were trying to pass the Chinese social networking website operator off as the Facebook of China a couple of years ago. The profit is...
Renren Inc. Turns a Modest First-Quarter Profit; Shares Rise After Hours
Anders Bylund, The Motley Fool - Motley Fool - Wed May 21, 9:10PM CDT
Source: Renren. China-based social network operator Renren just reported unaudited, preliminary results for the first quarter of fiscal year 2014. Following the report, shares rose as much as 3.1% in after-hours trading. In the regular...
Renren Announces Unaudited First Quarter 2014 Financial Results
PR Newswire - Wed May 21, 6:00PM CDT
Renren Inc. (NYSE: RENN) ("Renren" or the "Company"
Weibo User Growth Accelerates, But Sina EPS Misses
at Investor's Business Daily - Wed May 21, 5:48PM CDT
User growth accelerated at the Chinese microblogging site Weibo, but majority stakeholder Sina missed Wall Street's profit forecast and both companies gave lighter-than-expected outlooks. Both stocks were down in after-hours trading Wednesday. Weibo...
Renren Inc. Earnings: Are Profits Gone Forever?
Dan Caplinger, The Motley Fool - Motley Fool - Mon May 19, 9:45PM CDT
On Wednesday, Renren will release its quarterly report, and investors aren't certain whether the Chinese social-networking company will be able to make money in the future. With the company having made a major sale to Baidu , Renren's remaining...
5 Stocks Set to Soar on Bullish Earnings
at The Street - Mon May 19, 12:28PM CDT
These heavily shorted stocks could get squeezed much higher if they report positive earnings this week.
Why Facebook Can't Go to China Alone
at The Street - Tue May 13, 11:07AM CDT
Facebook is already the world's largest social media company in the world, with over 1.2 billion monthly active users (MAUs), and growing. However, if the company is going to enter China and do so to get even bigger, it's probably going to need a...
Visualead Partners with Social Network Renren in China for Animation Visual QR Codes in Renren's Mobile Application
Business Wire - Mon May 12, 8:01AM CDT
Visualead, an Offline-to-Online and Visual QR code startup, today announced its cooperation with Renren (NYSE:RENN), a leading Chinese social network, to incorporate Visualead's Visual QR Code technology in Renren's mobile app for iPhone and Android.
Renren Inc. to Release First Quarter 2014 Financial Results on May 21, 2014
PR Newswire - Mon May 12, 5:00AM CDT
Renren Inc. (NYSE: RENN), a leading real name social networking Internet platform in China, today announced that it will report its unaudited financial results for the first quarter 2014 on Wednesday, May 21, 2014, after the close of the U.S. markets.
Weibo Is Not Twitter
Kyle Farrah, The Motley Fool - Motley Fool - Tue May 06, 1:45PM CDT
Two weeks ago, Chinese social media company Weibo made its debut on the Nasdaq. At $17 per share, the company was priced at the low end of estimates, and shares quickly skyrocketed to $24 before settling down. While Chinese social media...
Yingli, Renren Swim in Sea of Red Ink
Douglas Young, The Motley Fool - Motley Fool - Mon Mar 24, 10:00AM CDT
Solar panel maker Yingli and social networking site Renren don't normally have too much in common, other than the fact that both are based in China and come from the tech sector. But on this particular day, both are joined by the unflattering...
5 of Last Week's Biggest Losers
Rick Munarriz, The Motley Fool - Motley Fool - Sun Mar 23, 6:00AM CDT
There's never a shortage of losers in the stock market. Let's take a closer look at five of this past week's biggest sinkers. Company March 21 Weekly Loss Ballard Power Systems $4.33 24% ...
This Week's 5 Dumbest Stock Moves
Rick Munarriz, The Motley Fool - Motley Fool - Fri Mar 21, 4:15PM CDT
Stupidity is contagious -- even respectable companies can catch it. As we do every week, let's take a look at five dumb financial events this week that may make your head spin. 1. Wal-Mart's late to the gamer party Wal-Mart is throwing its...
Why Renren, Orbitz Worldwide, and Lake Shore Gold Tumbled Today
Dan Caplinger, The Motley Fool - Motley Fool - Wed Mar 19, 7:30PM CDT
Few investors looked at the meeting of the Federal Open Market Committee yesterday and today as an opportunity for new Fed Chair Janet Yellen to demonstrate any appreciable hawkishness in terms of interest rate policy. But market participants...