58.Com Inc (WUBA) 53.40 $WUBA
Trinity Industries Breaks Out As Stocks Extend Gains
at Investor's Business Daily - Tue Aug 19, 12:34PM CDT
Major averages extended their gains in early afternoon trading Tuesday, lifted by positive housing data and earnings reports in the retail sector. The S&P 500 and Dow industrial average gained nearly 0.5% each, while the Nasdaq climbed 0.3%. Volume...
China's Cheetah Mobile Hits High On Q2 Earnings
at Investor's Business Daily - Tue Aug 19, 11:58AM CDT
China Internet security company Cheetah Mobile reported better-than-expected Q2 earnings early Tuesday and raised its guidance, sending its stock to a new high. The Beijing-based Cheetah Mobile (CMCM) said that revenue rose 139% year over year to...
'Craigslist of China' 58.com Expects Q2 Revenue Leap
at Investor's Business Daily - Tue Aug 19, 7:38AM CDT
Share prices of online marketplace 58.com have more than tripled since its IPO last fall, as the "Craigslist of China" nears its second-quarter report. 58.com (WUBA) discloses before the open on Thursday, with earnings expectations of 8 cents per...
Stocks Hold Near Day's Highs; AerCap Breaks Out
at Investor's Business Daily - Mon Aug 18, 12:29PM CDT
Stocks held near their session highs Monday afternoon, thanks to easing geopolitical tension, merger news and better-than-expected housing data. The Dow Jones industrial average led with a 1% gain. Meanwhile, the Nasdaq climbed 0.9% and the S&P 500...
Tencent Q2 sales surge
at Investor's Business Daily - Wed Aug 13, 6:09PM CDT
The Shenzhen-based Internet company said profit soared 59% and overall revenue rose 37% to 19.75 bil yuan ($3.21 bil) year over year. The main rival of upcoming IPO Alibaba, Tencent (TCEHY) reported net income of 5.84 bil yuan ($949 mil) that topped...
Internet Software and Services Equities Technical Updates -- 58.com, EarthLink Holdings, Gogo, Cornerstone OnDemand, and SouFun Holdings
PR Newswire - Thu Aug 07, 8:10AM CDT
On Wednesday, August 06, 2014, the NASDAQ Composite ended at 4,355.05, up 0.05%, the Dow Jones Industrial Average finished the day 0.08% higher at 16,443.34, and the S&P 500 closed flat at 1,920.24. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 635.61, down 0.21%, and the index has declined 1.10% in the last one month. Investor-Edge has initiated coverage on the following equities: 58.com Inc. (NYSE: WUBA), EarthLink Holdings Corporation (NASDAQ: ELNK), Gogo Inc. (NASDAQ: GOGO), Cornerstone OnDemand Inc. (NASDAQ: CSOD), and SouFun Holdings Ltd (NYSE: SFUN). Free research on these five companies can be accessed at:
58.com Inc. to Report Second Quarter 2014 Results on August 21, 2014
PR Newswire - Thu Aug 07, 6:56AM CDT
58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"
, China's largest online marketplace serving local merchants and consumers, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2014 before the open of U.S. markets on Thursday, August 21, 2014.
Waiting For Alibaba? China's Top 5 E-Commerce Stocks
at Investor's Business Daily - Mon Aug 04, 6:00PM CDT
Alibaba Group, by far the No. 1 e-commerce firm in China, is expected as soon as the end of this month to make one of the biggest U.S. IPOs ever, but it will just add to an already sizable list of Chinese e-commerce companies trading in the U.S. By...
Chinese Stocks Come Back To The Top Of The Heap
at Investor's Business Daily - Mon Aug 04, 5:35PM CDT
Chinese stocks have been on roll lately, and some of the leading names have found their way into the Stock Spotlight. Chinese names have generally lagged the U.S. market since the 2008 financial crisis. But iShares China Large Cap (FXI), an ETF that...
What's In Store For Chinese Online Marketplace Operator 58.com?
at Investor's Business Daily - Thu Jul 31, 3:45PM CDT
Today we'll look at 58.com (WUBA), which went public in October. Based in China with a business model similar to the better-known craigslist, it operates an online marketplace for local merchants and consumers through its 58.com website. Through the...
Recovery Slow For Stocks; El Pollo Loco Surges Again
at Investor's Business Daily - Mon Jul 28, 12:29PM CDT
Stocks remained modestly lower Monday afternoon after a rebound slowed. Equities are under pressure amid mixed economic data and buyout news. The Nasdaq fell 0.3%, and the S&P 500 eased 0.1%. The Dow Jones industrial average was also off by 0.1%....
Stocks Feint Higher, Then Slip; Pending Home Sales Down In June
at Investor's Business Daily - Mon Jul 28, 9:34AM CDT
Stocks quickly surrendered early gains Monday and backed into moderate losses. The Nasdaq led the decline with a 0.6% loss. The S&P 500 fell 0.5% and the Dow Jones industrial average backed off 0.4%. Volume ebbed lower, down 7% on the Nasdaq and 10%...
China Internet Kingpins Jockey For Leadership
at Investor's Business Daily - Fri Jul 25, 4:01PM CDT
A recent rumor about Ctrip buying Expedia's eLong is part of a trend that finds China's big Internet companies looking for acquisitions. China e-commerce leaders Tencent and Alibaba are among the companies hitting the acquisition trail, with China's...
China Mobile Web Users Pass PC Users; Baidu Upside
at Investor's Business Daily - Fri Jul 25, 10:21AM CDT
With China's mobile Internet users surpassing personal computer Internet users in the first half of 2014, Web companies led by Baidu (BIDU) and Tencent are taking advantage of new opportunities in social networking, games and payments, says a...
58.com, Tarena Among New Crop Of Top Chinese IPOs
at Investor's Business Daily - Wed Jul 23, 5:28PM CDT
Older Chinese stocks like Baidu (BIDU) and NetEase (NTES) have proved their staying power. Now, a couple of younger ones hope to follow their lead. 58.com (WUBA) more than tripled in price from its Oct. 31 IPO at 17 a share, surging 246% to a March 7...
Critical Alerts For Time Warner Cable, Vale, 58.com, Nike, and Rackspace Hosting Released By InvestorsObserver
PR Newswire - Wed Jul 23, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for TWC, VALE, WUBA, NKE, and RAX.
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.
Trinity Industries Breaks Out As Stocks Extend Gains
at Investor's Business Daily - Tue Aug 19, 12:34PM CDT
Major averages extended their gains in early afternoon trading Tuesday, lifted by positive housing data and earnings reports in the retail sector. The S&P 500 and Dow industrial average gained nearly 0.5% each, while the Nasdaq climbed 0.3%. Volume...
China's Cheetah Mobile Hits High On Q2 Earnings
at Investor's Business Daily - Tue Aug 19, 11:58AM CDT
China Internet security company Cheetah Mobile reported better-than-expected Q2 earnings early Tuesday and raised its guidance, sending its stock to a new high. The Beijing-based Cheetah Mobile (CMCM) said that revenue rose 139% year over year to...
'Craigslist of China' 58.com Expects Q2 Revenue Leap
at Investor's Business Daily - Tue Aug 19, 7:38AM CDT
Share prices of online marketplace 58.com have more than tripled since its IPO last fall, as the "Craigslist of China" nears its second-quarter report. 58.com (WUBA) discloses before the open on Thursday, with earnings expectations of 8 cents per...
Stocks Hold Near Day's Highs; AerCap Breaks Out
at Investor's Business Daily - Mon Aug 18, 12:29PM CDT
Stocks held near their session highs Monday afternoon, thanks to easing geopolitical tension, merger news and better-than-expected housing data. The Dow Jones industrial average led with a 1% gain. Meanwhile, the Nasdaq climbed 0.9% and the S&P 500...
Tencent Q2 sales surge
at Investor's Business Daily - Wed Aug 13, 6:09PM CDT
The Shenzhen-based Internet company said profit soared 59% and overall revenue rose 37% to 19.75 bil yuan ($3.21 bil) year over year. The main rival of upcoming IPO Alibaba, Tencent (TCEHY) reported net income of 5.84 bil yuan ($949 mil) that topped...
Internet Software and Services Equities Technical Updates -- 58.com, EarthLink Holdings, Gogo, Cornerstone OnDemand, and SouFun Holdings
PR Newswire - Thu Aug 07, 8:10AM CDT
On Wednesday, August 06, 2014, the NASDAQ Composite ended at 4,355.05, up 0.05%, the Dow Jones Industrial Average finished the day 0.08% higher at 16,443.34, and the S&P 500 closed flat at 1,920.24. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 635.61, down 0.21%, and the index has declined 1.10% in the last one month. Investor-Edge has initiated coverage on the following equities: 58.com Inc. (NYSE: WUBA), EarthLink Holdings Corporation (NASDAQ: ELNK), Gogo Inc. (NASDAQ: GOGO), Cornerstone OnDemand Inc. (NASDAQ: CSOD), and SouFun Holdings Ltd (NYSE: SFUN). Free research on these five companies can be accessed at:
58.com Inc. to Report Second Quarter 2014 Results on August 21, 2014
PR Newswire - Thu Aug 07, 6:56AM CDT
58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"
, China's largest online marketplace serving local merchants and consumers, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2014 before the open of U.S. markets on Thursday, August 21, 2014. Waiting For Alibaba? China's Top 5 E-Commerce Stocks
at Investor's Business Daily - Mon Aug 04, 6:00PM CDT
Alibaba Group, by far the No. 1 e-commerce firm in China, is expected as soon as the end of this month to make one of the biggest U.S. IPOs ever, but it will just add to an already sizable list of Chinese e-commerce companies trading in the U.S. By...
Chinese Stocks Come Back To The Top Of The Heap
at Investor's Business Daily - Mon Aug 04, 5:35PM CDT
Chinese stocks have been on roll lately, and some of the leading names have found their way into the Stock Spotlight. Chinese names have generally lagged the U.S. market since the 2008 financial crisis. But iShares China Large Cap (FXI), an ETF that...
What's In Store For Chinese Online Marketplace Operator 58.com?
at Investor's Business Daily - Thu Jul 31, 3:45PM CDT
Today we'll look at 58.com (WUBA), which went public in October. Based in China with a business model similar to the better-known craigslist, it operates an online marketplace for local merchants and consumers through its 58.com website. Through the...
Recovery Slow For Stocks; El Pollo Loco Surges Again
at Investor's Business Daily - Mon Jul 28, 12:29PM CDT
Stocks remained modestly lower Monday afternoon after a rebound slowed. Equities are under pressure amid mixed economic data and buyout news. The Nasdaq fell 0.3%, and the S&P 500 eased 0.1%. The Dow Jones industrial average was also off by 0.1%....
Stocks Feint Higher, Then Slip; Pending Home Sales Down In June
at Investor's Business Daily - Mon Jul 28, 9:34AM CDT
Stocks quickly surrendered early gains Monday and backed into moderate losses. The Nasdaq led the decline with a 0.6% loss. The S&P 500 fell 0.5% and the Dow Jones industrial average backed off 0.4%. Volume ebbed lower, down 7% on the Nasdaq and 10%...
China Internet Kingpins Jockey For Leadership
at Investor's Business Daily - Fri Jul 25, 4:01PM CDT
A recent rumor about Ctrip buying Expedia's eLong is part of a trend that finds China's big Internet companies looking for acquisitions. China e-commerce leaders Tencent and Alibaba are among the companies hitting the acquisition trail, with China's...
China Mobile Web Users Pass PC Users; Baidu Upside
at Investor's Business Daily - Fri Jul 25, 10:21AM CDT
With China's mobile Internet users surpassing personal computer Internet users in the first half of 2014, Web companies led by Baidu (BIDU) and Tencent are taking advantage of new opportunities in social networking, games and payments, says a...
58.com, Tarena Among New Crop Of Top Chinese IPOs
at Investor's Business Daily - Wed Jul 23, 5:28PM CDT
Older Chinese stocks like Baidu (BIDU) and NetEase (NTES) have proved their staying power. Now, a couple of younger ones hope to follow their lead. 58.com (WUBA) more than tripled in price from its Oct. 31 IPO at 17 a share, surging 246% to a March 7...
Critical Alerts For Time Warner Cable, Vale, 58.com, Nike, and Rackspace Hosting Released By InvestorsObserver
PR Newswire - Wed Jul 23, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for TWC, VALE, WUBA, NKE, and RAX.
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.
