2020-11-27 08:46:14 IQ iQIYI
Alibaba
11/27/20 11/2708:46 11/27/2008:46 | Alibaba, Tencent put talks to buy control of iQIYI on hold, Reuters reportsAlibaba Group (BABA) and Tencent Holdings (TCEHY) have each held separate talks with Baidu (BIDU) to acquire a controlling stake in video streaming service iQIYI (IQ), but the discussions have stalled as both companies face heightened scrutiny by China's antitrust regulators, reported Reuters' Julie Zhu, Yingzhi Yang, Zhang Yan and Yilei Sun. Both Alibaba and Tencent have balked at a valuation of around $20B demanded by Baidu, according to Reuters, which added that TikTok owner ByteDance has also considered the possibility of acquiring a controlling stake in iQIYI. Reference Link iQIYI
Alibaba
Tencent
Baidu
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Fortinet assumed with an Outperform at Evercore ISI »
06:13 01/26/21 01/2606:13 01/26/2106:13
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Northern Oil and Gas initiated with an Outperform at RBC Capital »
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Elon Musk says Tesla 'has better AI hardware and software than Waymo' »
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Check Point assumed with an In Line at Evercore ISI »
06:12 01/26/21 01/2606:12 01/26/2106:12
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Echo Global downgraded to Neutral from Positive at Susquehanna »
06:10 01/26/21 01/2606:10 01/26/2106:10
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EU examining Google's data gathering, adtech practices, BI reports »
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FVCBankcorp upgraded to Overweight from Neutral at Piper Sandler »
06:10 01/26/21 01/2606:10 01/26/2106:10
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Werner downgraded to Neutral from Positive at Susquehanna »
06:10 01/26/21 01/2606:10 01/26/2106:10
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Schneider National downgraded to Neutral from Positive at Susquehanna »
06:09 01/26/21 01/2606:09 01/26/2106:09
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Schneider National
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First Western Financial initiated with an Overweight at Piper Sandler »
06:08 01/26/21 01/2606:08 01/26/2106:08
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First Western Financial
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J.B. Hunt downgraded to Neutral from Positive at Susquehanna »
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AstraZeneca's Symbicort Turbuhaler approved in China for mild asthma »
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AstraZeneca
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Pacific Premier raises dividend 7% to 30c »
06:07 01/26/21 01/2606:07 01/26/2106:07
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Pacific Premier
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Tapestry price target raised to $40 from $34 at Piper Sandler »
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Tapestry
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Twitter bans MyPillow CEO on 'repeated violations' of policy, NY Times reports »
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Ralph Lauren price target raised to $103 from $74 at Piper Sandler »
06:05 01/26/21 01/2606:05 01/26/2106:05
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Citizens Financial Services upgraded to Buy from Neutral at Janney Montgomery Scott »
06:05 01/26/21 01/2606:05 01/26/2106:05
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Citizens Financial Services
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Annexon initiated with a Buy at Needham »
06:05 01/26/21 01/2606:05 01/26/2106:05
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Annexon
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Pacific Premier reports Q4 EPS 71c, consensus 49c »
06:04 01/26/21 01/2606:04 01/26/2106:04
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Pacific Premier
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Broadwind downgraded to Neutral from Buy at H.C. Wainwright »
06:04 01/26/21 01/2606:04 01/26/2106:04
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Broadwind
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PPG upgraded to Buy from Neutral at BofA »
06:04 01/26/21 01/2606:04 01/26/2106:04
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AdaptHealth initiated with a Buy at BofA »
06:04 01/26/21 01/2606:04 01/26/2106:04
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AdaptHealth
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Harbor Custom Development to acquire 22 developed lots in Rocklin, CA »
06:03 01/26/21 01/2606:03 01/26/2106:03
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Harbor Custom Development
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TFI International upgraded to Buy from Neutral at BofA »
06:03 01/26/21 01/2606:03 01/26/2106:03
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TFI International
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