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Qihoo (QIHU) Tops Q2 Earnings Estimates On Solid Revenues
Article By:
Zacks Investment Research
Tuesday, September 1, 2015 6:39 PM EDT
Qihoo 360 reported second-quarter 2015 earnings per ADS of 66 cents, surpassing the Zacks Consensus Estimate of 50 cents on the back of higher revenues.
What To Do With Qihoo?
Article By:
Chris DeMuth Jr
Tuesday, July 14, 2015 6:23 AM EDT
On June 17, 2015, QIHU's CEO Hongyi Zhou and a buyout group offered to buy the company for $77.00 in cash per ADS. The deal price is largely within the range of historically comparable transactions.
Will Qihoo Accept CEO-Led $9B Go-Private Bid?
Article By:
Zacks Investment Research
Thursday, June 18, 2015 6:05 PM EDT
Qihoo 360 Technology CEO Zhou Hongyi alone owns around 16% of the company, and he is leading a group that is willing to pay $77 a share, or a 13% premium to Tuesday’s closing price.
Mobileye Keeps Going Higher, Chinese Stocks Staying Hot
Article By:
Andy Wang
Thursday, June 18, 2015 3:01 AM EDT
QIHU received a buyout bid to take it private today for $77/share. It popped more than +6% to close at $70.15. Cybersecurity stocks have been hot, and, QIHU is big in the arena in China, not to mention it also has a search engine.