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SINA Corp (NASDAQ:SINA) Second-quarter Revenue Rises 20.7% YOY

Boston, MA 08/18/2014 (wallstreetpr) – SINA Corp (NASDAQ:SINA) reported its second quarter revenues and earnings that were ahead of analysts’ estimates. The significant contribution came from its major asset Weibo Corp (ADR) (NASDAQ:WB). The revenue came at $184.4 million, up 20.7% year-over year, better than the analysts’ estimates of $180.0 million. The non-GAAP earnings came […]

Sina Corporation (NASDAQ:SINA) CEO Eyes its Company as Underinvested

Boston, MA 06/13/2014 (wallstreetpr) – In an Interview given to CNBC, the CEO of Sina Corporation (NASDAQ:SINA), Charles Chao states that their micro blogging site named “Weibo” is gaining popularity vigorously but investment in main area of business is getting ignored. Charles Chao, also the chairman of Weibo considers that their too much concentration in […]

Friday Digest: Capstone Turbine Corporation (NASDAQ:CPST), Silver Wheaton Corp. (USA) (NYSE:SLW), SINA Corp (NASDAQ:SINA)

Boston, MA 05/30/2014 (wallstreetpr) – Capstone Turbine Corporation (NASDAQ:CPST) will release its 4Q2014 and fiscal year ended March 31, 2014, financial results on June 12. The company earlier issued preliminary operating results for the year. The management expects fiscal 2014 revenue to touch $133.1 million, about 4 percent above the revenue generated in the prior fiscal […]

Weibo Corp. (NASDAQ:WB)’s Higher Spending Doubles Its Q1 Net Loss

Boston, MA 05/22/2014 (wallstreetpr) – Accelerated spending by stakeholder Sina Corp (NASDAQ:SINA) to increase users has led Weibo Corp. (NASDAQ:WB) to report a wider net loss in its first quarter. The shares of the Chinese microblogging service tumbled by nearly 10% on Thursday in response to its results. Net Loss Widens Weibo Corp. (NASDAQ:WB)’s net […]

SINA Corp (NASDAQ:SINA) Witnessed Unusually Large Volume Of Call Options

Boston, MA 05/22/2014 (wallstreetpr) – The shares of SINA Corp (NASDAQ:SINA) witnessed unusually large volume of call options trading activity. The traders bought 11409 call options of SINA Corp. this was an increase of around 113%, in comparison to the usual 5344 call options volume. Research Analysts Weighing The SINA Shares Various research analysts weighed […]

SINA Corp (NASDAQ:SINA) Receives Allegedly Government Notice After Violating Distribution Rights!

Boston, MA 04/28/2014 (wallstreetpr) – SINA Corp (NASDAQ:SINA), one of the renowned online media company of China reported that it received government notice recently. As per the public announcement made by company, Beijing Municipal Cultural Market Administrative Law Enforcement Unit sent three back to back notices to the company after it allegedly violated PRC norms by […]

Weibo Corp (ADR) (NASDAQ:WB): Moving Up

Boston, MA 04/22/2014 (wallstreetpr) – Weibo Corp (ADR) (NASDAQ:WB) is a Chinese micro blogging site, which is owned by the Chinese company SINA Corp (NASDAQ:SINA). Though Weibo rocked the market debut but it has been reporting losses for the past three years. This company has had soaring profits to boast off recently and still is enjoying […]

SINA Corp (NASDAQ:SINA)’s Results And Weibo IPO Turns OutFlop

Boston, MA 02/25/2014 (wallstreetpr) – SINA Corp (NASDAQ:SINA) continues to trade under pressure after the China’s media giant reported fourth quarter results in line with the consensus, but did not beat it with a wide margin in its old usual way. Moreover, the street is also reacting to the buzz that the company will launch WeiboIPO  […]

Qihoo 360 (NYSE:QIHU)’s CEO Expects New Product Boost Results – QIHU, YOKU, NFLX, BIDU, SINA

Shares of Qihoo 360 Technology Co Ltd (NYSE:QIHU) surged on Wednesday as it recently announced third-quarter profit soared 18 percent as the Chinese Internet firm declared an increasing user base and a jump in revenue. The firm’s American depositary shares increased 3.8 percent to $24.60 in after-hours trading. Through the close, the equity was increase […]