58.Com Inc (WUBA) 52.41 $WUBA
Market Rally Sends S&P 500 Near All-Time High
at Investor's Business Daily - Tue Jul 22, 11:10AM CDT
Stocks continued their march higher going into the afternoon Tuesday, with market leaders Chipotle Mexican Grill (CMG) hot and Netflix (NFLX) not. The Nasdaq led the way, up 0.8%; the S&P 500 rose 0.5% and the Dow Jones industrial average was up...
Baidu Stock Hits High After Upgrade; Earnings Ahead
at Investor's Business Daily - Mon Jul 21, 5:13PM CDT
Baidu (BIDU) stock rose Monday to an all-time high as China's Internet search leader was upgraded to overweight, or buy, from equal weight by investment bank Morgan Stanley, which cited improved search monetization. Baidu rose 3.4% to close at 197.72...
Stocks Drop, But GoPro Rises On Analyst Comments
at Investor's Business Daily - Mon Jul 21, 10:58AM CDT
Stocks traded lower just over two hours into Monday's session on worries that Europe and the U.S. will ramp up sanctions against Russia for its role in the Ukraine crisis. The Dow Jones industrial average, S&P 500 and Nasdaq all lost 0.5%. Volume was...
Weakness Seen in 58.com (WUBA): Stock Tumbles 8.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 7:36AM CDT
58.com Incorporated (WUBA) fell nearly 9% in the last trading session amid huge volumes, reversing its recent uptrend, as the stock is up over 16% in the past one-month time frame.
Acquisitions, Investments, Appointments, and Upcoming Earnings Releases - Analyst Notes on Facebook, Twitter, 58.com, TripAdvisor and Groupon
PR Newswire - Mon Jul 07, 4:30AM CDT
Today, Analysts Review released its analysts' notes regarding Facebook, Inc. (NASDAQ: FB), Twitter, Inc. (NYSE: TWTR), 58.com Inc. (NYSE: WUBA), TripAdvisor Inc. (NASDAQ: TRIP) and Groupon, Inc. (NASDAQ: GRPN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4492-100free.
NQ Sinks on Audit: Tech Winners and Losers
at The Street - Thu Jul 03, 12:59PM CDT
LightInTheBox rises on guidance, Netflix rises on GS upgrade, NQ falls on audit, Best Buy rises on upgrade, Facebook unaffected by scandal
Stocks Edge Higher In Soft Trade; Ambarella Adds To Gains
at Investor's Business Daily - Wed Jul 02, 12:32PM CDT
Stocks were mixed and mostly unchanged in early afternoon trading Wednesday after a better-than-expected private payroll report from ADP failed to fuel much excitement. The Nasdaq and Dow Jones industrial average each rose 0.1%, while the S&P 500...
China Stock Roundup: LightInTheBox Raises 2Q14 Guidance, 58.com Sells Stake to Tencent - Analyst Blog
Swarup Gupta - Zacks Investment Research - Wed Jul 02, 12:27PM CDT
Stocks have had an excellent week so far, with an economic turnaround seeming imminent.
Internet Software and Services Stocks Technical Review -- Research on AOL Inc., OpenTable, Akamai Technologies, and 58.com
PR Newswire - Wed Jul 02, 6:50AM CDT
On Tuesday, July 01, 2014, the NASDAQ Composite ended at 4,458.65, up 1.14%, the Dow Jones Industrial Average advanced 0.77%, to finish the day at 16,956.07, and the S&P 500 closed at 1,973.32, up 0.67%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 639.21, up 1.07%, with the index also advancing 5.79% in the previous three months. Investor-Edge has initiated coverage on the following equities: AOL Inc. (NYSE: AOL), OpenTable Inc. (NASDAQ: OPEN), Akamai Technologies Inc. (NASDAQ: AKAM) and 58.com Inc. (NYSE: WUBA). Free technical research on AOL, OPEN, AKAM and WUBA can be downloaded upon signing up at:
China PMI Upbeat; 58.com, Phoenix New Media Basing
at Investor's Business Daily - Tue Jul 01, 4:29PM CDT
Chinese manufacturers flashed a glimmer of momentum Tuesday,as June production data showed mild but broad improvement. The HSBC China Manufacturing Purchasing Managers Index for June rose to 50.7, above 49.4 in May and above the minimum 50 level,...
IPO Stock Watch: JD.com Hits New High On New Coverage
at Investor's Business Daily - Tue Jul 01, 11:15AM CDT
JD.com stock hit a new high Tuesday as several analysts initiated coverage on the China e-commerce firm following the expiration of its post-IPO quiet period. JD.com (JD) launched its initial public offering on May 25, priced at 19, raising $1.78...
Critical Alerts For MannKind, AOL, Plug Power, Ctrip.com, and 58.com Released By InvestorsObserver
PR Newswire - Tue Jul 01, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for MNKD, AOL, PLUG, CTRP, and WUBA.
Stocks Up Slightly In Choppy Trade; BitAuto Rallies
at Investor's Business Daily - Mon Jun 30, 10:57AM CDT
Stocks were modestly higher in choppy trading near Monday's halftime. The Nasdaq rose 0.2% to a fresh 14-year high. Meanwhile, the S&P 500 edged up 0.1% and the Dow Jones industrial average was fractionally lower. Volume was running higher across the...
4 Chinese E-Tailers That Soared Last Week
Rick Munarriz, The Motley Fool - Motley Fool - Mon Jun 30, 8:24AM CDT
It was a great week for investors in many of China's publicly traded e-commerce companies. Several of the country's growth darlings came through with double-digit percentage gains as investors flocked back into Chinese equities that specialize in...
58.com, BitAuto Head Chinese Internet Front
at Investor's Business Daily - Fri Jun 27, 4:57PM CDT
Over the past 11 years, Chinese Internet firms have been prominently featured in IBD's Making Money section, and more recently in the International Leaders column. There's good reason. The Middle Kingdom has the biggest online population in the...
Internet Classifieds Big For Fast-Growing 58.com
at Investor's Business Daily - Fri Jun 27, 4:17PM CDT
Big buyers came into China-based 58.com (WUBA) Thursday on news that Hong Kong-based Tencent (TCEHY) bought a 20% stake in the Internet classified company for just over $700 million. Tencent will integrate 58.com's service into Tencent's Web service...
Tencent Goes Local With Stake In 58.com
at Investor's Business Daily - Fri Jun 27, 12:33PM CDT
Chinese Internet giant Tencent has agreed to take a 19.9% stake in e-commerce site 58.com (WUBA) for $736 million, an effort to boost local traffic against rival Alibaba. U.S.-traded shares of 58.com were up 7% in afternoon trading in the stock...
Stocks Mixed As Losses Pared; Foot Locker Steps Up
at Investor's Business Daily - Fri Jun 27, 11:03AM CDT
Stocks improved and were narrowly mixed near Friday's halftime. The Nasdaq turned a 0.2% loss into a 0.1% gain. Software and chip-equipment stocks helped lift the tech-heavy index. Meanwhile, the S&P 500 was off a fraction and the Dow Jones...
58.com (WUBA) Soars: Stock Rises 13.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jun 27, 8:39AM CDT
58.com Inc. (WUBA) was a big mover last session, as its shares rose nearly 14% on the day.
Tencent and 58.com Enter Strategic Partnership to Strengthen Local Services Ecosystem
PR Newswire - Fri Jun 27, 8:30AM CDT
58.com Inc. (NYSE: WUBA) ("58.com"
, China's largest online marketplace serving local merchants and consumers, and Tencent Holdings Limited ("Tencent", SEHK: 00700), a leading provider of comprehensive Internet services in China, today jointly announced that Tencent has agreed to invest US$736 million in exchange for approximately 19.9% equity interest in 58.com on a fully-diluted basis.
Market Rally Sends S&P 500 Near All-Time High
at Investor's Business Daily - Tue Jul 22, 11:10AM CDT
Stocks continued their march higher going into the afternoon Tuesday, with market leaders Chipotle Mexican Grill (CMG) hot and Netflix (NFLX) not. The Nasdaq led the way, up 0.8%; the S&P 500 rose 0.5% and the Dow Jones industrial average was up...
Baidu Stock Hits High After Upgrade; Earnings Ahead
at Investor's Business Daily - Mon Jul 21, 5:13PM CDT
Baidu (BIDU) stock rose Monday to an all-time high as China's Internet search leader was upgraded to overweight, or buy, from equal weight by investment bank Morgan Stanley, which cited improved search monetization. Baidu rose 3.4% to close at 197.72...
Stocks Drop, But GoPro Rises On Analyst Comments
at Investor's Business Daily - Mon Jul 21, 10:58AM CDT
Stocks traded lower just over two hours into Monday's session on worries that Europe and the U.S. will ramp up sanctions against Russia for its role in the Ukraine crisis. The Dow Jones industrial average, S&P 500 and Nasdaq all lost 0.5%. Volume was...
Weakness Seen in 58.com (WUBA): Stock Tumbles 8.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 7:36AM CDT
58.com Incorporated (WUBA) fell nearly 9% in the last trading session amid huge volumes, reversing its recent uptrend, as the stock is up over 16% in the past one-month time frame.
Acquisitions, Investments, Appointments, and Upcoming Earnings Releases - Analyst Notes on Facebook, Twitter, 58.com, TripAdvisor and Groupon
PR Newswire - Mon Jul 07, 4:30AM CDT
Today, Analysts Review released its analysts' notes regarding Facebook, Inc. (NASDAQ: FB), Twitter, Inc. (NYSE: TWTR), 58.com Inc. (NYSE: WUBA), TripAdvisor Inc. (NASDAQ: TRIP) and Groupon, Inc. (NASDAQ: GRPN). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4492-100free.
NQ Sinks on Audit: Tech Winners and Losers
at The Street - Thu Jul 03, 12:59PM CDT
LightInTheBox rises on guidance, Netflix rises on GS upgrade, NQ falls on audit, Best Buy rises on upgrade, Facebook unaffected by scandal
Stocks Edge Higher In Soft Trade; Ambarella Adds To Gains
at Investor's Business Daily - Wed Jul 02, 12:32PM CDT
Stocks were mixed and mostly unchanged in early afternoon trading Wednesday after a better-than-expected private payroll report from ADP failed to fuel much excitement. The Nasdaq and Dow Jones industrial average each rose 0.1%, while the S&P 500...
China Stock Roundup: LightInTheBox Raises 2Q14 Guidance, 58.com Sells Stake to Tencent - Analyst Blog
Swarup Gupta - Zacks Investment Research - Wed Jul 02, 12:27PM CDT
Stocks have had an excellent week so far, with an economic turnaround seeming imminent.
Internet Software and Services Stocks Technical Review -- Research on AOL Inc., OpenTable, Akamai Technologies, and 58.com
PR Newswire - Wed Jul 02, 6:50AM CDT
On Tuesday, July 01, 2014, the NASDAQ Composite ended at 4,458.65, up 1.14%, the Dow Jones Industrial Average advanced 0.77%, to finish the day at 16,956.07, and the S&P 500 closed at 1,973.32, up 0.67%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 639.21, up 1.07%, with the index also advancing 5.79% in the previous three months. Investor-Edge has initiated coverage on the following equities: AOL Inc. (NYSE: AOL), OpenTable Inc. (NASDAQ: OPEN), Akamai Technologies Inc. (NASDAQ: AKAM) and 58.com Inc. (NYSE: WUBA). Free technical research on AOL, OPEN, AKAM and WUBA can be downloaded upon signing up at:
China PMI Upbeat; 58.com, Phoenix New Media Basing
at Investor's Business Daily - Tue Jul 01, 4:29PM CDT
Chinese manufacturers flashed a glimmer of momentum Tuesday,as June production data showed mild but broad improvement. The HSBC China Manufacturing Purchasing Managers Index for June rose to 50.7, above 49.4 in May and above the minimum 50 level,...
IPO Stock Watch: JD.com Hits New High On New Coverage
at Investor's Business Daily - Tue Jul 01, 11:15AM CDT
JD.com stock hit a new high Tuesday as several analysts initiated coverage on the China e-commerce firm following the expiration of its post-IPO quiet period. JD.com (JD) launched its initial public offering on May 25, priced at 19, raising $1.78...
Critical Alerts For MannKind, AOL, Plug Power, Ctrip.com, and 58.com Released By InvestorsObserver
PR Newswire - Tue Jul 01, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for MNKD, AOL, PLUG, CTRP, and WUBA.
Stocks Up Slightly In Choppy Trade; BitAuto Rallies
at Investor's Business Daily - Mon Jun 30, 10:57AM CDT
Stocks were modestly higher in choppy trading near Monday's halftime. The Nasdaq rose 0.2% to a fresh 14-year high. Meanwhile, the S&P 500 edged up 0.1% and the Dow Jones industrial average was fractionally lower. Volume was running higher across the...
4 Chinese E-Tailers That Soared Last Week
Rick Munarriz, The Motley Fool - Motley Fool - Mon Jun 30, 8:24AM CDT
It was a great week for investors in many of China's publicly traded e-commerce companies. Several of the country's growth darlings came through with double-digit percentage gains as investors flocked back into Chinese equities that specialize in...
58.com, BitAuto Head Chinese Internet Front
at Investor's Business Daily - Fri Jun 27, 4:57PM CDT
Over the past 11 years, Chinese Internet firms have been prominently featured in IBD's Making Money section, and more recently in the International Leaders column. There's good reason. The Middle Kingdom has the biggest online population in the...
Internet Classifieds Big For Fast-Growing 58.com
at Investor's Business Daily - Fri Jun 27, 4:17PM CDT
Big buyers came into China-based 58.com (WUBA) Thursday on news that Hong Kong-based Tencent (TCEHY) bought a 20% stake in the Internet classified company for just over $700 million. Tencent will integrate 58.com's service into Tencent's Web service...
Tencent Goes Local With Stake In 58.com
at Investor's Business Daily - Fri Jun 27, 12:33PM CDT
Chinese Internet giant Tencent has agreed to take a 19.9% stake in e-commerce site 58.com (WUBA) for $736 million, an effort to boost local traffic against rival Alibaba. U.S.-traded shares of 58.com were up 7% in afternoon trading in the stock...
Stocks Mixed As Losses Pared; Foot Locker Steps Up
at Investor's Business Daily - Fri Jun 27, 11:03AM CDT
Stocks improved and were narrowly mixed near Friday's halftime. The Nasdaq turned a 0.2% loss into a 0.1% gain. Software and chip-equipment stocks helped lift the tech-heavy index. Meanwhile, the S&P 500 was off a fraction and the Dow Jones...
58.com (WUBA) Soars: Stock Rises 13.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jun 27, 8:39AM CDT
58.com Inc. (WUBA) was a big mover last session, as its shares rose nearly 14% on the day.
Tencent and 58.com Enter Strategic Partnership to Strengthen Local Services Ecosystem
PR Newswire - Fri Jun 27, 8:30AM CDT
58.com Inc. (NYSE: WUBA) ("58.com"
, China's largest online marketplace serving local merchants and consumers, and Tencent Holdings Limited ("Tencent", SEHK: 00700), a leading provider of comprehensive Internet services in China, today jointly announced that Tencent has agreed to invest US$736 million in exchange for approximately 19.9% equity interest in 58.com on a fully-diluted basis. 
