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Youku.com (YOKU +3.4%) and merger partner Tudou (TUDO +2.8%) rally after Nomura's Jin Yoon...

  • Wednesday, June 13, 2012, 12:34 PM ET
    Youku.com (YOKU +3.4%) and merger partner Tudou (TUDO +2.8%) rally after Nomura's Jin Yoon reports on a recent meeting with Youku's management. Among management's comments: Bandwidth costs are expected to remain steady; Youku has seen a "rationalization pattern" for content acquisition prices, which have recently soared; and Tudou's ad prices remain ~20% below Youku's.
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