JD.com Announces Second Quarter 2015 Results
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UPDATE: Morgan Stanley Downgrades JD.com (JD) to Equalweight
August 10, 2015 8:39 AM EDT(Updated - August 10, 2015 12:58 PM EDT)
Morgan Stanley downgraded JD.com, Inc (NASDAQ: JD) from Overweight to Equalweight with a price target of $35.00 (from $41.00). Analyst Robert Lin remains positive long-term but noted he near-term competition is expected to increase, and he sees better value elsewhere.
"JD noted its 3P logistics business was profitable in 2Q given high... More
JD.com (JD) Tops Q2 EPS by 10c
August 7, 2015 6:15 AM EDTJD.com (NASDAQ: JD) reported Q2 EPS of (RMB0.01), RMB0.10 better than the analyst estimate of (RMB0.11). Revenue for the quarter came in at RMB45.9 billion versus the consensus estimate of RMB44.46 billion.
Third Quarter 2015 Guidance
Net revenues for... More
