Trader’s Alert: Weibo (NASDAQ:WB), Qihoo 360 Technology (NYSE:QIHU), Lululemon Athletica (NASDAQ:LULU), SINA (NASDAQ:SINA), Suntech Power Holdings (OTCMKTS:STPFQ)

China’s government censored Weibo Corp (ADR) (NASDAQ:WB), the nation’s biggest microblog platform, more on July 1, when record numbers of Hong Kong residents joined the pro-democracy march, than it did on June 4, the anniversary of the Tiananmen Square crackdown. Weibo Corp (ADR) (NASDAQ:WB) stock performance was -4.36% in last session and finished the day at $21.04. Traded volume was 961,539.00million shares in the last … Continue reading Trader’s Alert: Weibo (NASDAQ:WB), Qihoo 360 Technology (NYSE:QIHU), Lululemon Athletica (NASDAQ:LULU), SINA (NASDAQ:SINA), Suntech Power Holdings (OTCMKTS:STPFQ)

Chinese Stocks: SINA (NASDAQ:SINA), China Telecom Corporation (NYSE:CHA), Baidu (NASDAQ:BIDU), Qihoo 360 Technology (NYSE:QIHU), Weibo (NASDAQ:WB)

China is one such country. To capitalize on that China fandom, the NBA has expanded its social media joint ventures. The NBA contracted with the internet media company SINA Corp. (NASDAQ:SINA) for what has been described as an “unprecedented access to NBA content on multiple SINA platforms.” SINA Corp (NASDAQ:SINA) stock performance was -0.60% in last session and finished the day at $47.86. Traded volume … Continue reading Chinese Stocks: SINA (NASDAQ:SINA), China Telecom Corporation (NYSE:CHA), Baidu (NASDAQ:BIDU), Qihoo 360 Technology (NYSE:QIHU), Weibo (NASDAQ:WB)

LinkedIn must face a lawsuit claiming the company violated customers’ privacy rights for marketing purposes by accessing their external email accounts and downloading their contacts’ addresses. The lawsuits against LinkedIn and Google, as well as one before Koh against Yahoo! Inc. (NASDAQ:YHOO), have raised novel questions about how wiretap laws enacted before the Internet apply to the companies’ use of troves of data generated when … Continue reading Market Movers: Yahoo! Inc. (NASDAQ:YHOO), United Online, Inc. (NASDAQ:UNTD), SINA Corp (NASDAQ:SINA), Trulia Inc (NYSE:TRLA), YY Inc (ADR) (NASDAQ:YY)

The country’s Internet censors have taken a more aggressive approach since President Xi Jinping came to power in 2012. Over the past year, the government has cracked down on online commentators, formed a high-level committee to address Internet security, and run an unprecedented antipornography campaign that led to the revocation of two online-publication and distribution licenses held by Internet portal Sina Corp (NASDAQ:SINA). SINA Corp … Continue reading Hot Watch List: SINA Corp (NASDAQ:SINA), Weibo Corp (ADR) (NASDAQ:WB), Sprint Corporation (NYSE:S), AT&T Inc. (NYSE:T), Volkswagen AG (ADR) (OTCMKTS:VLKAY)

SINA Corp (NASDAQ:SINA) anticipates weaker revenue in the current quarter because of the recent license revocation. The company expects 2Q revenue to come between $177 and $182 million at a time when analysts expected $197.7 million for the quarter. SINA Corp (NASDAQ:SINA) earned 15 cents per share in 1Q, meeting the consensus estimate in the process. Revenue for the quarter came in at $171.50 million, … Continue reading Watch List: SINA Corp (NASDAQ:SINA), Baidu Inc (ADR) (NASDAQ:BIDU), Qihoo 360 Technology Co Ltd (NYSE:QIHU), Twenty-First Century Fox Inc (NASDAQ:FOXA)

Sina recently led an initial public offering for Weibo Corp. (NASDAQ: WB) in which it holds a majority stake. The IPO was less than a smashing success and then the government withdrew two of its publication and distribution licenses for what the government said was “lewd and pornographic content.” Weibo Corp (ADR) (NASDAQ:WB) stock performance was 4.25% in last session and finished the day at … Continue reading Hot Movers: Weibo Corp (ADR) (NASDAQ:WB), Baidu Inc (ADR) (NASDAQ:BIDU), SINA Corp (NASDAQ:SINA), Sprint Corporation (NYSE:S), AT&T Inc. (NYSE:T)