Miami Herald (Free subscription) | 19/10/2009
Shares of Sina Corp. hit a 52-week high Monday after a Morgan Stanley analyst upgraded the Chinese Internet portal operator and said its advertising sales will grow 35 percent in 2010.
SeekingAlpha.com (Free subscription) | 17/10/2009
China Real Estate Information Inc. ( CRIC ), the Chinese real estate market research leader, floated 18 million IPO shares at $12, the lower end of its proposed price range, this Thursday. This company combines together CRIC, the real estate information and consulting service unit of E-House ( EJ ), and LeJu, the housing portal of Sina Corp ( SINA ), the biggest Internet portal in China. Both units...
Fund my Mutual Fund (Free subscription) | 16/10/2009
Thus far our "cautionary" sale of E-House Holdings (EJ) Wednesday has worked out as the stock has been weak since. I had thought the CRIC spin off it might be some sort of complicated structure but upon further research it just looks like a straight IPO. We were unsure when its spin off of China Real Estate Information (CRIC) would take place but it appears today is the day . (Oct 15) E-House...
ZachStocks (Free subscription) | 15/10/2009
E-House (China) is spinning off China Real Estate Information Corp (CRIC). The IPO is in partnership with Sina Corp (SINA) and should take advantage of a hot China real estate market.
Fund my Mutual Fund (Free subscription) | 14/10/2009
Since I am using a virtual portfolio and I am not sure how it will handle a potentially complicated transaction I am going to temporarily sell E-House Holdings (EJ) pending the spinoff / IPO of China Real Estate Information (CRIC) [ Sep 30, 2009: China Real Estate Information Seeks US IPO Worth $200M ] Now, real-estate broker E-House Holdings (NYSE: EJ - News ), is preparing to sell off part of its...
SeekingAlpha Internet Stocks (Free subscription) | 14/10/2009
Abbi Adest submits: China Real Estate Information ( CRIC ) , a spin-off of E-House China's ( EJ ) real estate information and consulting business. is expected to go public this week. According to the Wall Street Journal , "China Real Estate is in the process of acquiring the online real-estate business of Sina Corp. After that deal is completed, the company will begin generating online-advertising...
The Street (Free subscription) | 05/10/2009
FEI, Premiere Global Services, Sycamore Networks, Sina Corp. and Tyson Foods had their ratings changed by TheStreet.com
Fund my Mutual Fund (Free subscription) | 30/09/2009
We just discussed this yesterday in [ E-House Holdings in Investors Business Daily ] - looks like the SINA/EJ IPO is relatively close to fruition. Out this morning in Reuters China Real Estate Information Corp, a provider of real estate information and consulting services, is planning to raise up to $200 million in a U.S.-listed initial public offering. The company, a Shanghai-based unit of real estate...
SeekingAlpha Internet Stocks (Free subscription) | 30/09/2009
Zacks.com submits: 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...
Business Wire (Free subscription) | 30/09/2009
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: SINA Corporation (SINA), Focus Media Holding Limited (FMCN), Sohu.com Inc. (SOHU), Shanda Interactive (SNDA) and NetEase.com (NTES). Get...
Financial Times (Free subscription) | 29/09/2009
Sina Corp and Focus Media Holding are to effectively scrap their $1.4bn merger after months of government stonewalling over a deal that would have created China's biggest private sector media company
BloggingStocks (Free subscription) | 29/09/2009
Filed under: Deals , Rumors , Competitive strategy , Marketing and advertising Shares of Sina Corporation (NASDAQ: SINA ) soared to a new 52-week high Monday following news that the Chinese media giant's deal to purchase assets of Focus Media Holding Limited (NASDAQ: FMCN ) likely had fallen through . Rumors had swirled for weeks suggesting that the deal might not be completed. Sina was set to acquire...
ChinaTechNews.com (Free subscription) | 28/09/2009
It was almost too good to be true for Focus Media Media Holding — they thought they had found a buyer for their lackluster digital out-of-home advertising networks. Today Focus Media jointly announced with Sina Corporation, owner of the Chinese Internet portal Sina.com, that the companies have jointly reached a decision to not extend the deadline [...]
PR News Wire (Free subscription) | 28/09/2009
SHANGHAI, Sept. 28 /PRNewswire-Asia/ -- Focus Media Holding Limited (Nasdaq: FMCN), China's leading multi-platform digital media company, today announced that the Company and SINA Corporation (Nasdaq GS: SINA) have jointly reached a decision to not extend the deadline of the agreement announced on December 22, 2008, by which the Company agreed to sell substantially all of the assets of Focus Media's...
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