WUBA News 46.73 08/22/2014 05:52:32 58.Com Inc (WUBA)

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Aug 22, 2014 at 6:52 AM

58.Com Inc (WUBA) 46.73 $WUBA

58.com Announces the Appointment of a New Director
PR Newswire - Fri Aug 22, 12:58AM CDT
58.com Inc. (NYSE: WUBA) ("58.com"

, China's largest online marketplace serving local merchants and consumers, today announced the appointment of a new director, Mr. Xiaoguang Wu.

58.com falls on light outlook
at Investor's Business Daily - Thu Aug 21, 5:41PM CDT
Shares fell 7.6% after the Chinese Craigslist-like service provided a lighter-than-expected Q3 revenue outlook late Wed. Sales rose 84% to $64.6 mil, topping views for $62.7 mil. 58.com said EPS was 13 cents per ADS and non-GAAP diluted earnings were...

China's Slow August Growth Nicks 58.com, Autohome
at Investor's Business Daily - Thu Aug 21, 4:48PM CDT
China's markets slumped Thursday after preliminary monthly manufacturing data suggested growth eased in August. The HSBC Flash China Manufacturing Purchasing Managers Index gave a preliminary reading of 50.3 for August. That was down from 51.7 in...

NYSE Indexes Gain While Nasdaq Struggles
at Investor's Business Daily - Thu Aug 21, 12:23PM CDT
Stocks were mostly higher Thursday afternoon, with NYSE indexes continuing to lead. The Dow Jones industrial average and the S&P 500 rose 0.4% and 0.3%, respectively. Meanwhile, the Nasdaq continued to waver at the flat line. Turnover was running...

Major Indexes Stay Mixed; S&P 500 Ekes Out New High
at Investor's Business Daily - Thu Aug 21, 11:02AM CDT
NYSE indexes outperformed near Thursday's midpoint after another flurry of better-than-expected economic data. The Dow Jones industrial average led with a 0.4% gain and the S&P 500 added 0.3% to a new record high. But the Nasdaq fell fractionally,...

58.com Falls, Outlook Light For 'China's Craigslist'
at Investor's Business Daily - Thu Aug 21, 10:31AM CDT
58.com (WUBA) late Wednesday gave a revenue outlook that missed Wall Street expectations, and shares of the company often called the "Craigslist of China" fell Thursday, though its Q2 beat. The company's Q2 membership and mobile traffic zipped up as...

Why 58.com (WUBA) Stock Is Falling Today
at The Street - Thu Aug 21, 9:07AM CDT
58.com (WUBA) is falling Thursday after guiding below analysts' estimates for the third quarter, and despite beating estimates for the second quarter.

58.com Reports Second Quarter 2014 Unaudited Financial Results
PR Newswire - Wed Aug 20, 7:00PM CDT
58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"

, China's largest online marketplace serving local merchants and consumers, today reported its unaudited financial results for the second quarter ended June 30, 2014.

5 Earnings Short-Squeeze Plays
at The Street - Wed Aug 20, 11:17AM CDT
If you do decide to bet ahead of a quarter, then you might want to use options to limit your capital exposure.

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%....

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