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Sina Corp (NASDAQ: SINA) shares gained 8.18% to $37.70 by 12 pm. The volume of SINA shares traded was 455% higher than normal. Gains related to its investment in a real estate information company helped SINA, one of the most popular Internet portals of China, report a 150% jump in its Q1 net profit...

Shares of Perfect World Co., Ltd. (NASDAQ: PWRD) ended Monday trading down 24.98% at $24.71 per share. Perfect World Co., Ltd. announced on Monday before the market opened that it beat consensus Wall Street earnings estimates, while missing consensus revenue estimates. Perfect World Co., Ltd....

Chinese online game developer Perfect World Co. (NASDAQ: PWRD) reported net income of $44.7 million. On a non-GAAP basis, net income was $47.90 million, or $0.90 per share. On a GAAP basis, EPS was $0.84. This was in line with analysts' estimates. Revenues were $91.57 million compared to Street...

Analyst Alicia Yap at Citigroup has released an update on Perfect World Co., Ltd. (ADR) (NASDAQ: PWRD). The company has reported its first-quarter results. Perfect World reported first-quarter revenue of $91.6 million, which lower than Citi’s estimate of $92.7 million and consensus estimate of $93...

Is it any wonder that the euro has been driven below $1.24, that there are concerns about austerity programs in Greece, Spain, and Portugal, and that the markets worry Germany and France may leave the Eurozone. Jean-Claude Trichet, president of the European Central Bank, said “it is clear that...

Many of today’s top day trader and active trader stocks are up on earnings but other news is running names as well. This Friday’s top day trader and active trader alerts are in Baidu, Inc. (NASDAQ: BIDU), BioSphere Medical, Inc. (NASDAQ: BSMD), Electronic Arts Inc. (NASDAQ: ERTS), Hauppauge Digital...

Many of today’s top day trader and active trader stocks are up on earnings but other news is running names as well. This Friday’s top day trader and active trader alerts are in Baidu, Inc. (NASDAQ: BIDU), BioSphere Medical, Inc. (NASDAQ: BSMD), Electronic Arts Inc. (NASDAQ: ERTS), Hauppauge Digital...

Passport Capital LLC is a San Francisco based, global investment firm founded by John H. Burbank III in 2000. The firm manages approximately $2.8 billion in assets. Passport's investment process uses a combination of macroeconomic analyses to develop major themes and rigorous fundamental research...

Cusick’s Corner The market has firmed up into the midday with the risk trade, equities, back in play (at least at this stage). There is an interesting convergence -- both the market and Gold are going up simultaneously. These typically are negatively correlated, so with both of these segments...

Video games maker Electronic Arts (NASDAQ: ERTS) has projected a loss of 35 to 40 cents a share for the quarter ending June. This is higher than analysts’ expectations of 33 cents a share. Revenues are expected to be in the range of $460 to $500 million. This announcement pushed down share prices...

Among the notable stocks that are moving lower in the after hours are Walt Disney (NYSE: DIS), Electronic Arts (NASDAQ: ERTS), and Microsoft (NASDAQ: MSFT). Disney (DIS) released their quarterly earnings report after the closing bell this afternoon. The company reported earnings per share of $0.48...

Cusick’s Corner The market made a valiant attempt to break to the upside, but upside resistance of 1177 on the SPX (the level of that big drop which started last week) was not broken and the safety trade, Gold QOM10 $1233.50 +32.75, is at all-time highs. From a technical perspective, this short-...