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…
Plug Power Inc. (NASDAQ:PLUG) on May 14 reported its 2014 first quarter results. Total revenue for the first quarter of 2014 was $5.6 million, comprised of $3.2 million for product revenue, $2.1 million for service revenue and $0.3 million for research and development (R&D) contract revenue. This compares to total revenue of $6.4 million in…
Alibaba operates online platforms such as Taobao Marketplace and Tmall.com that connect retail brands with consumers. The Chinese company makes most of its sales from commissions and advertising and competes with Tencent Holdings Ltd and Baidu Inc. (ADR) (NASDAQ:BIDU) for the more than 600 million Internet users in China. Baidu Inc (ADR) (NASDAQ:BIDU) stock performance…
SINA Corp (NASDAQ:SINA), a Nasdaq-listed firm which is one of China’s most popular web portals, has established Soufan.com for Chinese Internet users hoping to buy property abroad. Zillow has announced plans to enter a partnership with Beijing-based Yisheng Leju Information Services in order to gain direct access to the Chinese market. SINA Corp (NASDAQ:SINA) stock…
Sirius XM Holdings Inc (NASDAQ:SIRI) was downgraded by investment analysts at TheStreet from a “buy” rating to a “hold” rating in a note issued to investors on Thursday. Sirius XM Holdings Inc. (NASDAQ:SIRI) stock performance was -1.60% in last session and finished the day at $3.07. Traded volume was 84.29million shares in the last session…
Greece’s second-biggest lender, the National Bank of Greece (ADR) (NYSE:NBG) has unveiled the terms of a planned share capital increase that must be approved by the shareholders’ general meeting on May 10. National Bank of Greece (ADR) (NYSE:NBG) stock performance was 0.23% in last session and finished the day at $4.44. Traded volume was 1.49million…
