Youku (YOKU) Handily Tops Street Estimates, Stock Up 20%

Youku.com (YOKU) reports Q4 EPS (7c) vs. (89c) in Q4 of 2011. Youku.com sees Q1 year-on-year growth of 95% to 105% in net revenues.

Tudou (TUDO) Soars 127%; Bought by Youku in $1Bln All-Stock Deal.

Sina Corp (SINA) Target Raised To US$72.00 Vs US$58.30-Credit Suisse

Renren (RENN) Rises 9.8%

Starbucks (SBUX) foray into single-serve market could fuel fresh gains, Barron’s says

JP Morgan Chase & co. (JPM) Fed expected to release bank stress test results this week, NY Times reports.

The results are expected to be divulged by Thursday. Financials down slightly in the pre market

By Tim Kelleher

Disclosure – No relevant positions

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