Hot Stocks

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Sina Weibo skyrockets in debut, sweeping aside censorship concerns


SAN FRANCISCO - Shares of Weibo Corp rose 19 percent in their U.S. debut on Thursday, sweeping aside concerns that Chinese censorship will hurt the growth of the country's Internet sector and broader worries about lofty tech-stock valuations.

Google misses revenue target, ad prices slide

SAN FRANCISCO - Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices.

Tech, Media, Asian Markets 17 Apr 2014

Shares of Travelocity owner Sabre rise in debut

- Shares of Sabre Corp , the airline ticketing technology provider that also owns online travel agency Travelocity, rose as much as 7 percent in their market debut after the company sold fewer shares than expected in its initial public offering and priced them below the targeted range.

17 Apr 2014

SanDisk sees solid-state drive bonanza boosting margins

SAN FRANCISCO - SanDisk Corp increased its outlook for gross margins in 2014 as fast-growing sales of its high-end solid-state drives helped offset volatile prices for memory chips.

16 Apr 2014

Yahoo shares jump as Alibaba's revenue surges ahead of IPO

- Yahoo Inc's shares rose as much as 9 percent in heavy trading on Wednesday, a day after Chinese internet company Alibaba Group Holding Ltd, in which it holds a 24 percent stake, reported a surge in quarterly revenue.

Tech, Media, Asian Markets 16 Apr 2014

Gap Inc sees China sales tripling to $1 billion in three years

- Gap Inc expects its sales in China to triple in the next three years to $1 billion, making the country its second largest market, the retailer said on Wednesday.

16 Apr 2014

SoftBank shares jump more than 7 percent after Alibaba results

TOKYO - Shares in SoftBank Corp climbed more than 7 percent to a one-week high of 7,518 yen on Wednesday morning after its Chinese e-commerce affiliate Alibaba Group Holding Ltd posted accelerated revenue growth in the fourth quarter.

15 Apr 2014

Shares of boutique investment bank Moelis rise in debut

- Shares of Moelis & Co rose as much as 9 percent in their debut on Wednesday despite recent market pressure on financial stocks including boutique investment banks.

16 Apr 2014

Shares of Singapore's CapitaMalls surge 22 percent after offer from CapitaLand

SINGAPORE - Shares of CapitaMalls Asia surged as much as 22 percent after Southeast Asia's biggest property developer CapitaLand Ltd offered to buy out minority shareholders in the Singapore-listed shopping mall operator.

17 Apr 2014

JPMorgan profit weaker than expected as trading revenue falls

- JPMorgan Chase & Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S. economy weighed on investor trading volumes and consumer borrowing. | Video

Money, Asian Markets 14 Apr 2014


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NASDAQ 4,095.52 +9.29 +0.23%
TR US Index 169.99 +0.30 +0.18%
EUR/USD 1.3819 +0.08%
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USD/JPY 102.51 +0.03%
Gold 1,286.60 -6.80 -0.53%
Oil 104.16 -0.14 -0.13%
Corn 492.25 -2.50 -0.51%

NYSE Gainers

NNI.N +11.02
KNL.N +8.68
MBT.N +8.57
POWR.N +8.21
MPO.N +7.45

NYSE Losers

BKS.N -11.99
CHMT.N -8.13
ADS.N -7.20
CMG.N -5.94
ZX.N -5.81

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