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Brean Capital Says 'PC Game Growth Uncertain,' For ChangYou.com
Tuesday, February 10, 2015 - 1:01pm | 233Brean Capital on Tuesday issued a report on Changyou.Com Ltd (ADR) (NASDAQ: CYOU) after the company reported mixed fourth quarter results and provided first quarter 2015 guidance with both revenue growth and margin outlook exceeding expectations. Currently Brean Capital covers Changyou.com Ltd....
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Brean Capital Reacts to Mixed 4Q Results for Sohu.com
Tuesday, February 10, 2015 - 11:16am | 177In a report published Tuesday, Brean Capital analyst Fawne Jiang reiterated a Hold rating on Sohu.com (NASDAQ: SOHU). In the report, Brean Capital noted, "SOHU reported mixed 4Q results and provided soft 1Q guidance with both revenue growth and earnings missing expectations. With SOHU's game growth...
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Brean Capital Weighs In On Alibaba
Wednesday, January 28, 2015 - 2:12pm | 180Brean Capital on Wednesday reported on Alibaba Group Holding Ltd (NYSE: BABA). The report highlighted statements from COO Yong Zhang who said, “that ecommerce's development opportunities should focus mainly on four trends: shifts from PC to mobile, from goods to service, from online to...
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Brean Capital Highlights Recent Alibaba News Developments
Wednesday, December 31, 2014 - 8:56am | 185Fawne Jiang of Brean Capital highlighted in a note on Wednesday recent Alibaba Group Holding Ltd (NYSE: BABA) news developments, mostly from Chinese media sources, that investors should be aware of. Tmall Global disclosed that approximately 5,400 overseas brands from 25 countries have joined...
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Alibaba Continues To Win Wall Street's Favor
Monday, December 29, 2014 - 6:43pm | 345Alibaba Group Holding Ltd (NYSE: BABA) continues to win the favor of Wall Street analysts roughly three months following its ballyhooed initial public offering. Shares are up nearly 13 percent since the September 18 IPO versus about 6 percent for the S&P 500. Of about 36 analysts covering...
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UPDATE: Brean Capital Initiates Coverage On Jumei International
Friday, December 19, 2014 - 9:58am | 194Fawne Jiang of Brean Capital initiated coverage of Jumei International Holding Ltd (NYSE: JMEI) on Friday with a Hold rating with no assigned price target. “We view Jumei as a smaller but critical player in the China eCommerce space, with market leadership in the beauty products vertical,” Jiang...
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Alibaba Expands In India, Rural China And Promotes Alipay
Tuesday, December 2, 2014 - 9:53am | 326Brean Capital on Tuesday published recent news highlights for Alibaba Group Holding Ltd (NYSE: BABA). Analysts led by Fawne Jiang noted that “Alibaba reportedly will increase its investment in India due primarily to India’s enormous population and number of young users. ~400...
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Brean Lowers Ctrip.com Price Target Following Guidance Shortfall
Wednesday, November 26, 2014 - 10:32am | 192In a note out Wednesday following earnings, Brean Capital analyst Fawne Jiang reiterated his Buy rating on shares of Ctrip.com International Ltd. (ADR) (NASDAQ: CTRP), but lowered the price target from $74 to $64. Non-GAAP earnings came in at $0.36, beating expectations of $0.32, but guidance...
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UPDATE: Brean Capital Reiterates On E-House (China) Holdings Limited On Broad Macro Weakness
Thursday, November 20, 2014 - 10:33am | 228In a report published Thursday, Brean Capital analyst Fawne Jiang reiterated a Buy rating on E-House (China) Holdings Limited (NYSE: EJ), but lowered the price target from $20.00 to $16.00. In the report, Brean Capital noted, “E-House reported weak 3Q14 results, with revenue and earnings missing...
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Stifel Cuts Sina: 'No Longer A Growth Story'
Friday, November 14, 2014 - 1:06pm | 296Sina Corp (NASDAQ: SINA) shares fell sharply Friday after the company posted a lower-than expected revenue outlook and analysts trimmed estimates. Sina traded recently at $39.13, down more than 6.5 percent. Stifel's George Askew cut his rating on the Chinese Web portal operator to Hold,...
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What To Expect From Alibaba And The World's Largest E-Commerce Sale
Monday, November 10, 2014 - 12:18pm | 343The world's largest single day e-commerce event, Singles Day, will take place on Tuesday throughout China and the world. Investors may pay greater attention to the country's most recognizable e-commerce player, Alibaba Group Holding Ltd (NYSE: BABA). Brean Capital: Alibaba ‘...
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UPDATE: Brean Capital Initiates Coverage On Alibaba, Sees High Growth
Friday, October 17, 2014 - 11:40am | 172Brean Capital commented Friday that Alibaba Group Holding Ltd. (NYSE: BABA) is a "unique opportunity with high growth" ahead, according to Bloomberg. Analyst Fawne Jiang gave the company a Buy rating with a $100 price target. The report indicated that Alibaba provides investors with...
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UPDATE: Brean Capital Upgrades Youku Tudou on Mobile Tailwind with Improving Operating Leverage Ahead
Monday, November 11, 2013 - 11:50am | 139In a report published Monday, Brean Capital analyst Fawne Jiang upgraded the rating on Youku Tudou (NYSE: YOKU) from Hold to Buy, and named a $36.00 price target. In the report, Brean Capital noted, “We upgrade YOKU to a Buy rating with a price target of $36. We are positive on the company as we...
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UPDATE: Brean Capital Upgrades Baidu as Mobile Transition is Taking Shape
Wednesday, October 30, 2013 - 10:24am | 191In a report published Wednesday, Brean Capital analyst Fawne Jiang upgraded the rating on Baidu (NASDAQ: BIDU) from Hold to Buy, and named a $200.00 price target. In the report, Brean Capital noted, “We upgrade our rating on BIDU to Buy from Hold. We are encouraged by the solid progress the...