SINA News and Press, Sina Corporation From 10/01/20

SINA 's (NASDAQ: SINA) stock recently rallied after the Chinese tech company agreed to be taken private by New Wave Holdings, a company controlled by SINA's CEO Charles Chao, in a $2.59 billion deal. SINA's investors will receive $43.30 in cash per share after the deal closes, repre...

Scratch another big tech company off the list of Chinese stocks traded in the U.S. Online media conglomerate Sina (NASDAQ: SINA) announced today that it is being taken private by companies affiliated with its CEO, Charles Chao. That group will pay roughly $2.59 billion for Sina's ou...

Companies from the tech sector have long been the winners of the popularity contest among investors. We firmly believe that a sound investment decision can only be based on fundamentals and valuation. To represent the trade-off between quality and price, we group the candidates in...

SINA (SINA) reports Q2 beat with 1% decline in revenue on a constant currency basis.Ad revenue fell 10% Y/Y to $392.2M, primarily due to continued weak advertising demand from certain industries in the aftermath of the coronavirus impact. Non-ad sales gained 16% to $115.5M, which ma...

Pursuant to the Merger Agreement, at the effective time of the Merger, each ordinary share issued and outstanding will be cancelled and cease to exist in exchange for the right to receive $43.30 in cash per Ordinary share.The per share merger consideration represents an increase of ~5.6% over...

Sina (SINA): Q2 Non-GAAP EPS of $0.54 beats by $0.04; GAAP EPS of -$0.42 misses by $0.48.Revenue of $505.1M (-4.8% Y/Y) beats by $13.91M.Gross margin for the quarter was 74%, compared to 77% for the same period last year.Press Release For further details see: Sina EPS beats by $0.04, be...

SINA Reports Second Quarter 2020 Unaudited Financial Results PR Newswire BEIJING, Sept. 28, 2020 BEIJING , Sept. 28, 2020 /PRNewswire/ -- SINA Corporation (the "Company" or "SINA") (NASDAQ: SINA), a leading online media company serving China and the globa...

Sina (NASDAQ:SINA) is scheduled to announce Q2 earnings results on Monday, September 28th, before market open.The consensus EPS Estimate is $0.50 (-34.2% Y/Y) and the consensus Revenue Estimate is $491.19M (-7.4% Y/Y).Over the last 2 years, SINA has beaten EPS estimates 88% of the time and ha...

SINA Corporation to Report Second Quarter 2020 Financial Results on September 28, 2020 PR Newswire BEIJING, Sept. 23, 2020 BEIJING , Sept. 23, 2020 /PRNewswire/ -- SINA Corporation (NASDAQ GS: SINA), a leading online media company serving China and the gl...

This weekly column explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited. We analyze the attractiveness and profitability of each spread going forward and indicate the trading posit...