BEIJING - Chinese Internet firm Sina Corp has been stripped of its online publication license after being targeted in a pornography crackdown, state media reported, prompting its share price to drop more than 7 percent.
BOSTON - Shares of Janus Capital Group Inc rose on Tuesday after the Denver asset manager reported reduced withdrawals of cash by investors.
- Chipmaker Skyworks Solutions Inc's second-quarter results and current-quarter forecast beat Wall Street estimates, helped by strong sales of chips used to connect machines to the Internet.
- Shares of Arotech Corp , a maker of lithium batteries for military tanks, fell as much as 17.5 percent after a report on stock commentary website Seeking Alpha said its shares were not worth more than $2, less than half of Monday's closing price.
- Life-science tool maker Illumina Inc reported a better-than-expected jump in quarterly revenue, helped by strong sales of its gene-sequencing products.
TORONTO - Lululemon Athletica Inc shares slumped as much as 7.4 percent to the lowest in nearly month on Monday as analysts worried about the premium Canadian yogawear retailer's growth prospects following its analyst day presentation last week.
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.
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.
- 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.
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