The company said in a blog post Thursday that it has launched its file management tool, Files Go, in four Chinese app stores. The app was released in the United States in December.
Many of Google's (GOOGL) best-known services -- such as search, Gmail, YouTube and Maps -- are banned or widely inaccessible in China, the world's largest smartphone market. But Files Go is unlikely to upset the country's censors -- it suggests files to delete, organizes images, videos and documents, and lets users share files offline.
Google effectively left China in 2010, but the country's hundreds of millions of internet users make it too large a market to ignore. The company has been hunting for ways to expand there in recent years.
It released its language translation app in China a year ago. The company said the number of users of Google Translate in China grew 400% in the first five months. It declined to give the current number of users.
Hot China Stocks For 2019: SVB Financial Group(SIVB)
Advisors' Opinion:- [By Ethan Ryder]
Hingham Institution for Savings (NASDAQ:HIFS) and SVB Financial Group (NASDAQ:SIVB) are both finance companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, valuation, earnings, analyst recommendations and dividends.
- [By Logan Wallace]
Maltese Capital Management LLC purchased a new position in shares of SVB Financial Group (NASDAQ:SIVB) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 46,400 shares of the bank’s stock, valued at approximately $11,136,000.
- [By Ethan Ryder]
Redwood Investments LLC reduced its holdings in shares of SVB Financial Group (NASDAQ:SIVB) by 6.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 47,034 shares of the bank’s stock after selling 3,448 shares during the quarter. Redwood Investments LLC owned approximately 0.09% of SVB Financial Group worth $13,582,000 as of its most recent SEC filing.
- [By David Zeiler]
REX BKCM ETF (NYSE Arca: BKC)
Date of inception: May 16 Assets under management: $6.4 million Number of holdings: 34 Top five: Taiwan Semiconductor (NYSE ADR: TSM), Global Unichip Corp., GMO Internet Inc., SVB Financial Group (NYSE: SIVB), Overstock.com Inc. (Nasdaq: OSTK) Expense ratio: 0.88% Gain/Loss year to date: +3.53% NAV: $25.62The newest blockchain ETF may have the most aggressive strategy. It aims to invest in companies actually part of the blockchain ecosystem. That includes not just companies building blockchain-based software solutions, but companies that promote adoption of cryptocurrencies as well as crypto miners.
- [By Stephan Byrd]
Cookson Peirce & Co. Inc. bought a new stake in shares of SVB Financial Group (NASDAQ:SIVB) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,810 shares of the bank’s stock, valued at approximately $914,000.
- [By Shane Hupp]
Get a free copy of the Zacks research report on SVB Financial Group (SIVB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot China Stocks For 2019: Unifi, Inc.(UFI)
Advisors' Opinion:- [By Stephan Byrd]
Unifi, Inc. (NYSE:UFI) Director Robert J. Bishop purchased 4,000 shares of Unifi stock in a transaction dated Friday, August 31st. The stock was bought at an average price of $31.79 per share, with a total value of $127,160.00. Following the completion of the purchase, the director now directly owns 10,288 shares of the company’s stock, valued at $327,055.52. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
Hot China Stocks For 2019: Scorpio Tankers Inc.(STNG)
Advisors' Opinion:- [By Lisa Levin]
Wednesday afternoon, the energy shares gained 0.74 percent. Meanwhile, top gainers in the sector included Pengrowth Energy Corporation (NYSE: PGH), up 12 percent, and Scorpio Tankers Inc. (NYSE: STNG), up 12 percent.
- [By Lisa Levin] Gainers Daré Bioscience, Inc. (NASDAQ: DARE) shares jumped 56.69 percent to close at $1.27 on Wednesday on news that the company entered into worldwide license agreement for Juniper Pharmaceuticals' intravaginal ring technology platform. Vicor Corporation (NASDAQ: VICR) rose 26.84 percent to close at $37.10. Vicor posted Q1 earnings of $0.10 per share on sales of $65.2 million. AGM Group Holdings Inc. (NASDAQ: AGMH) climbed 25.56 percent to close at $10.61. Travelzoo (NASDAQ: TZOO) gained 24.7 percent to close at $9.75 following strong Q1 results. Intrepid Potash, Inc. (NYSE: IPI) shares climbed 19.24 percent to close at $4.71. China Customer Relations Centers, Inc. (NASDAQ: CCRC) rose 18.73 percent to close at $18.64. Genprex, Inc. (NASDAQ: GNPX) climbed 18.28 percent to close at $5.89. Genprex expanded its operations to Cambridge, Mass. Scorpio Tankers Inc. (NYSE: STNG) rose 13.92 percent to close at $2.70 following Q1 results. Rocky Brands, Inc. (NASDAQ: RCKY) shares surged 13.57 percent to close at $23.85 after reporting Q1 results. Resonant Inc. (NASDAQ: RESN) shares rose 12.5 percent to close at $4.14 on Wednesday. USANA Health Sciences, Inc. (NYSE: USNA) jumped 11.24 percent to close at $106.85 following Q1 results. SUPERVALU Inc. (NYSE: SVU) rose 11.16 percent to close at $16.24 after the company reported Q4 results and agreed to sell and leaseback eight distribution centers for an aggregate purchase price of $483 million. K12 Inc. (NYSE: LRN) shares gained 10.74 percent to close at $15.36 following Q3 results. Tupperware Brands Corporation (NYSE: TUP) rose 9.15 percent to close at $46.28 as the company posted in-line quarterly earnings. Six Flags Entertainment Corporation (NYSE: SIX) shares climbed 8.49 percent to close at $64.18 as the company posted a narrower-than-expected loss for its first quarter. Carlisle Companies Incorporated (NYSE: CSL) gained 8.2 percent to close at $107.94 af
- [By Rich Smith]
Stocks don't always make sense -- a fact investors should be happy about after Scorpio Tankers (NYSE:STNG) posted a quarterly loss and an earnings miss this morning and then rocketed 15% in early trading.
- [By Paul Ausick]
Scorpio Tankers Inc. (NYSE: STNG) traded down about 2.6% Monday and posted a new 52-week low of $1.85 after closing Friday at $1.90. The stock’s 52-week high is $4.18. Volume was about equal to the daily average of around 3.4 million. The company had no specific news., and shares are on their way to closing up about 9% for the day.
- [By Stephan Byrd]
Scorpio Tankers Inc. (NYSE:STNG)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $1.78 and last traded at $1.78, with a volume of 151745 shares traded. The stock had previously closed at $1.80.
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