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sinacom
SINA
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+33.95%
in
151 days
<font> <font> SINA Reports First Quarter 2009 Financial Results </font>
<font> Tuesday, June 09, 2009 5:30:00 PM ET </font> </font> <font> SINA Corporation (Nasdaq GS: SINA), a leading online media company and mobile value-added service (MVAS) provider for China and for the global Chinese communities, today announced its unaudited financial results for the quarter ended March 31, 2009. </font> <> <font> First Quarter 2009 Highlights
-- Net revenues increased 3% year over year to $73.8 million, within the
Company’s guidance of between $73.0 m< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< /><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< /><><><><>< />...
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Gaining in High Growth Market
SINA
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-25.19%
in
537 days
For the first quarter of 2008, its revenue exceeded
the market consensus while EPS met the market s
expectations. This was in spite of the abnormally bad
weather in China. SINA continued to do well in its
online brand advertising and increased the gap
between it and its closest competitor in the online
brand ad market. SINA is still one of the most wellknown
online brands in China. Moreover, the Beijing
Olympic Games can significantly stimulate the online
advertising business in China in the next several
quarters. Therefore, we are maintaining our Buy
rating...
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China is a Monopoly Oriented Business Environment
SINA
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+13.74%
in
588 days
As the Asian financial community establishes a domestic investment base SINA will become a mainstay of the Recommended Asian Portfolio. It has yet to experience the influence of over leveraging and corporate restructuring which plaque U.S. tech companies. The Chinese middle class is a growing population which has over the last twenty years had the english keyboard and phonetic spelling system in their elementary school education system. The young adult population will lead to an ever expanding demand for these services.
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In like sin...
SINA
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-25.16%
in
724 days
...because this is the PRC's main propaganda engine serving up fresh hits for western consumption daily....you didn't think the increased sourcing to Sina by western media was going to end didya?
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SINA...
SINA
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-9.50%
in
785 days
Market outperform: It has enough cash to sustain the financial tensions going around the market . It is basically into every aspect of entertainment, be it sports, music, mobile entertainment, This stock has a great pottential to do big.
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From the Blogosphere
Sohu Downgraded to Underperform – Analyst Blog
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We are downgrading Sohu.com Inc. (SOHU) to Underperform from our pervious Neutral rating and reducing our six-month price target to $45, approximately 10.3x 2010 earnings, a discount to the industry average. We expect the stock to continue trading at a discount.
While the company’s third-quarter earnings beat the Zacks Consensus Estimate and was in line with its own guidance, the outlook for the fourth quarter was well below analysts’ expectations.
Sohu’s operating expenses have been going up steadily, which we fear could limit the growth in earnings. Moreover, recent delay in game la< />< />< />< />< />< />< />< /><><><><><><><><>< />< />< />< />< /><>< /><>< /><>< /><>< /><>< /><>< /><><>< /><>< /><>< />< />...
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China: Three Bets On An Ad Recovery
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Looking for plays on a Chinese advertising market recovery? Then today is your day. Morgan Stanley analyst Richard Ji this morning raised his ratings on both Sina (SINA) and Focus Media (FMCN) to Overweight from Equal Weight, in part due to expectations for an advertising recovery in China. Some details: <><>For Sina, Ji puts fair value at $48.90, above Friday’s close at $38.64. He sees the company advertising sales next year rising 35%, after an 11% decline in 2009. He notes that SIna’s top three ad categories - autos, property and financials - are heavily leveraged to an economic recovery. Ji es<><><><><><><><><><><><><><><><>< /><>< /><>< /><>< /><>< />< />...
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E-House China to Launch New IPO
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 The housing market may be dead in the US, but in China there is still significant activity. As a massive population continues its transition to a higher standard of living, millions of rural Chinese citizens are moving to large cities and are in need of housing. A real estate bubble may be in the works, but it is certainly a long way from popping.
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Failure of Focus Media Takeover Good and Bad for SINA
SINA Corporation (SINA) said that it has dropped plans for acquiring Focus Media Holding Limited (FMCN) due to the delay in approval from China's Ministry of Commerce regarding antitrust issues. The companies have decided not to extend the deadline of the agreement. In order to provide more effective and integrated marketing solutions, SINA entered into a definitive agreement with Focus Media Holding Ltd. in 2008 to acquire substantially all of the assets of Focus Media's digital out-of-home advertising networks, including LCD display network, poster frame network and in-store network.
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Sina soars as deal with Focus Media falls apart
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