European Equity Benchmarks Close Mixed; Banks Burden London, Paris Exchanges

European Equity Benchmarks Close Mixed; Banks Burden London, Paris Exchanges
The broad-based major European indices closed mixed in Friday’s trading session as falling bank stocks pushed the London and Paris exchanges lower, while the German market edged higher. In economic news, the British Chambers of Commerce ( BCC ) said in its most recent survey of private-sector business that despite improvements in the manufacturing sector, the U.K. economy grew at... Read More

Why Sohu.com, Inc. Stock Popped Today

Why Sohu.com, Inc. Stock Popped Today
What happened Shares of Sohu.com Inc. (NASDAQ: SOHU) were up 14.6% as of 1:30 p.m. EDT Friday after its Sogou.com subsidiary filed its F-1 registration statement with the U.S. SEC related to its impending initial public offering (IPO). IMAGE SOURCE: SOHU.COM So what To be fair, Sohu announced  in late July that Sogou — which is China’s third-most popular internet... Read More