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SINA Corp (SINA.O)

SINA.O on Nasdaq

110.48USD
20 Oct 2017
Change (% chg)

$-1.12 (-1.00%)
Prev Close
$111.60
Open
$112.73
Day's High
$113.65
Day's Low
$110.16
Volume
792,051
Avg. Vol
1,013,117
52-wk High
$119.20
52-wk Low
$60.46

Latest Key Developments (Source: Significant Developments)

Sina reports Q2 non-GAAP earnings per share $0.70
Wednesday, 9 Aug 2017 05:38am EDT 

Aug 9 (Reuters) - Sina Corp :Sina reports second quarter 2017 financial results.Q2 non-GAAP earnings per share $0.70.Q2 earnings per share $0.31.Q2 earnings per share view $0.57 -- Thomson Reuters I/B/E/S.Qtrly ‍net revenues increased 47% year over year to $358.9 million​.Qtrly advertising revenues increased 44% year over year to $295.2 million..Sina Corp - ‍board of directors has approved an extension of share repurchase plan, which was originally announced in March 2016​.Board of directors has approved an extension of share repurchase plan, which was originally announced in march 2016.Sina Corp - ‍extended share repurchase plan will be effective until June 30, 2018​.Sina expects to fund repurchase out of its existing cash balance.Sina Corp - ‍under share repurchase plan, sina is authorized to repurchase its own ordinary shares with an aggregate value of up to us$500 million​.  Full Article

Suzhou Anjie Technology to buy Weibo Industrial(HK) for 3.4 bln yuan via cash, share issue
Thursday, 27 Jul 2017 04:26am EDT 

July 27 (Reuters) - Suzhou Anjie Technology Co Ltd <002635.SZ> ::* Says it plans to buy Weibo Industrial(HK) Co Ltd at a price of 3.4 billion yuan via cash, share issue.* Says it will raise up to 1.51 billion yuan in private placement for transaction payment and construction project of consumer electronics metal precision structural parts.  Full Article

Sina announces details of distribution of Weibo shares
Thursday, 8 Jun 2017 08:30am EDT 

June 8 (Reuters) - Sina Corp :Sina announces details of distribution of weibo shares.Sina Corp -based on 71.4 million ordinary shares of sina outstanding as of june 7, sina will distribute 7.1 million class a shares of weibo to sina shareholders.Sina - following distribution of weibo shares, co's equity stake in weibo will decrease from approximately 49% to approximately 46%.  Full Article

Sina Corp announces distribution of Weibo shares
Friday, 26 May 2017 09:00am EDT 

May 26 (Reuters) - Sina Corp : :Sina Corp - ‍board has authorized and approved company's distribution of shares of Weibo Corp to company's shareholders on a pro rata basis​.Sina Corp - ‍sina will distribute one Weibo class a ordinary share to holder of each ten Sina ordinary shares​.Sina Corp - ‍holders of Sina ordinary shares that are settled through dtc will receive class a ordinary shares represented by Weibo ADSS​.  Full Article

Sina reports Q4 earnings per share $0.27
Wednesday, 22 Feb 2017 04:30pm EST 

Sina Corp - : Sina reports fourth quarter and fiscal year 2016 financial results . Q4 non-gaap earnings per share $0.63 . Q4 earnings per share $0.27 . Q4 earnings per share view $0.55 -- Thomson Reuters I/B/E/S . Sina Corp qtrly non-gaap net revenues increased 23% year over year to $310.8 million . Sina Corp qtrly advertising revenues increased 21% year over year to $269.6 million . Sina Corp says gross margin for Q4 of 2016 was 70%, up from 65% for same period last year . Sina Corp says advertising gross margin for Q4 of 2016 was 72%, up from 65% for same period last year . Sina -sees FY non-gaap net revenues between $ 1.30 billion - $1.44 billion assume us dollar and rmb exchange rate of 6.9448, which was closing rate on Dec 31, 2016 . FY2017 revenue view $1.27 billion -- Thomson Reuters I/B/E/S .Q4 revenue view $301.6 million -- Thomson Reuters I/B/E/S.  Full Article

ChineseAll Digital Publishing plans to acquire stakes in Sina's online bookstore
Wednesday, 31 Aug 2016 06:37am EDT 

ChineseAll Digital Publishing Group Co Ltd <300364.SZ> : Says it plans to acquire 16.667 percent stake in Sina's online bookstore for 250 million yuan ($37.44 million) .Says it signs strategic cooperation agreement With Zhejiang Huace Film & TV Co Ltd <300364.SZ>.  Full Article

Sina reports second quarter 2016 financial results
Monday, 8 Aug 2016 04:30pm EDT 

Sina Corp : Sina reports second quarter 2016 financial results . Q2 non-GAAP earnings per share $0.27 . Q2 earnings per share view $0.15 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.59 . Sees FY 2016 revenue $950 million to $1.0 billion . Qtrly net revenues increased 14 pct year over year to $244.0 million . Qtrly non-GAAP net revenues increased 14 pct year over year to $241.4 million . Qtrly advertising revenues grew 16 pct year over year to $205.0 million . Says for year 2016, Sina currently estimates that its non-GAAP net revenues are between $950 million and $1 billion .FY 2016 earnings per share view $0.83, revenue view $951.6 million -- Thomson Reuters I/B/E/S.  Full Article

Sina Q1 earnings per share $0.22
Wednesday, 11 May 2016 04:36pm EDT 

Sina Corp Qtrly Non : Sina corp qtrly net revenues increased 8% year over year to $198.7 million . Gaap net revenues increased 8% year over year to $196.1 million . Online advertising revenues for q1 of 2016 were $163.0 million , compared to $150.4 million . Sina reports first quarter 2016 financial results . Q1 non-gaap loss per share $0.04 . Q1 earnings per share $0.22 .Q1 earnings per share view $-0.05 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-ISS RECOMMENDS SINA SHAREHOLDERS VOTE "FOR" ELECTION OF YICHEN ZHANG

* ISS RECOMMENDS THAT SINA SHAREHOLDERS VOTE "FOR" THE ELECTION OF YICHEN ZHANG