New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 29, 2012
05:55 EDTACH, ACH, ACH, ACH, ACH, SVA, SVA, SVA, SVA, SVA, SHI, SHI, SHI, SHI, SHI, MPEL, MPEL, MPEL, MPEL, MPEL, HOLI, HOLI, HOLI, HOLI, HOLI, MY, MY, MY, MY, MY, CHA, CHA, CHA, CHA, CHA, BITA, BITA, BITA, BITA, BITA, AMCN, AMCN, AMCN, AMCN, AMCN, CHU, CHU, CHU, CHU, CHU, LFC, LFC, LFC, LFC, LFC, PTR, PTR, PTR, PTR, PTRCitigroup to host a conference
China Investor Conference is being held in Beijing, China on October 29-November 2.
News For ACH;LFC;CHU;AMCN;BITA;CHA;MY;HOLI;MPEL;SHI;SVA;PTR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 7, 2016
16:44 EDTCHUChina Unicom executive director questioned by authorities, Bloomberg says
Subscribe for More Information
February 4, 2016
10:00 EDTCHUOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ADTRAN (ADTN) upgraded to Market Perform from Underperform at Cowen... Alpha & Omega (AOSL) upgraded to Outperform from Market Perform at Northland... Ambarella (AMBA) upgraded to Buy from Neutral at Dougherty... ArcBest (ARCB) upgraded on valuation at Stifel... Arlington Asset Investment (AI) upgraded to Buy from Neutral at Ladenburg... Atwood Oceanics (ATW) upgraded to Accumulate from Hold at KLR Group... Buffalo Wild Wings (BWLD) upgraded to Outperform from Market Perform at Raymond James... C.H. Robinson (CHRW) upgraded to Outperform from Market Perform at Raymond James... CDK Global (CDK) upgraded to Outperform from Market Perform at Barrington... Cadence Design (CDNS) upgraded on valuation, guidance at DA Davidson... China Unicom (CHU) upgraded to Buy from Hold at HSBC... Cloud Peak (CLD) upgraded to Market Perform from Underperform at FBR Capital... Cree (CREE) upgraded to Outperform from Market Perform at Northland... CrossAmerica (CAPL) upgraded to Outperform from Neutral at Baird... Hub Group (HUBG) upgraded on results at Stifel... Kennametal (KMT) upgraded to Neutral from Underperform at Longbow... Lannett (LCI) upgraded to Buy from Hold at Craig-Hallum... Lowe's (LOW) upgraded to Conviction Buy from Buy at Goldman... Mattel (MAT) upgraded to Buy from Sell at Argus... New Oriental Education (EDU) upgraded to Buy from Neutral at Mizuho... Olin Corp. (OLN) upgraded to Buy from Neutral at Monness Crespi... RONA (RONAF) upgraded to Equal Weight from Underweight at Barclays... Red Hat (RHT) upgraded to Outperform from Market Perform at Cowen... Wayfair (W) upgraded to Buy from Neutral at Goldman... Whirlpool (WHR) upgraded to Buy from Neutral at Goldman... Yahoo (YHOO) upgraded to Buy from Neutral at Citi... Zumiez (ZUMZ) upgraded to Buy from Hold at Brean Capital... adidas (ADDYY) upgraded to Buy from Neutral at Goldman.
07:10 EDTCHUChina Unicom upgraded to Buy from Hold at HSBC
HSBC upgraded China Unicom (CHU) to Buy saying the active network sharing with China Telecom (CHA) is a clear catalyst for shares and much more likely than a full-blown merger.
06:15 EDTSVASinovac announces receipt of competing non-binding 'going private' proposal
Subscribe for More Information
February 3, 2016
17:04 EDTHOLIHollysys backs FY16 revenue view $565M-$600M, consensus $558.70M
Backs FY16 adjusted net income $110M-$120M.
17:02 EDTHOLIHollysys reports Q2 adjusted EPS 61c, one estimate 54c
Reports Q2 revenue $152.8M, one estimate $146.79M.
12:12 EDTCHU, CHAOclaro spikes after quarterly results, optical peers follow
Shares of optical networking firm Oclaro (OCLR) are advancing, along with its peers, after Oclaro reported better than expected quarterly results. WHAT'S NEW: After the close on Tuesday, Oclaro reported second quarter adjusted earnings per share of 3c on revenue of $94.1M. Both EPS and revenue were better than consensus estimates of (1c) and $91.5M, respectively. The company's adjusted gross margin rate for the quarter was 28.8%, much better than the 16.5% in the year ago quarter. Oclaro CEO Greg Dougherty pointed out the continuing growth in the company's 100G portfolio and said he expects revenue growth to continue in 2016. According to the CEO, revenue growth in the quarter "drove higher gross margin and net income." The company sees continued "robust" demand for its 100G product portfolio as it expands capacity in Asia. WHAT'S NOTABLE: Along with its Q2 results, Oclaro said it sees Q3 revenue of $97M-$103M, ahead of analyst expectations of $90.7M. On its Q2 earnings call, the company said it sees strong demand from China, with contract awards form China Telecom (CHA) and China Unicom (CHU ), which have deliveries slated for later in calendar year 2016. PRICE ACTION: Shares of Oclaro are up 10% in early afternoon trading. OPTICAL PEERS: Shares of other companies in the optical networking space are also out performing the market, including Finisar (FNSR), Infinera (INFN), Lumentum Holdings (LITE), NeoPhotonics (NPTN), and Ciena (CIEN).
05:17 EDTMYChina Ming Yang enters into definitive merger agreement for going private deal
Subscribe for More Information
February 1, 2016
06:52 EDTMPELMacau reports January casino revenue down 21.4% to 18.67B patacas
Macau's gaming bureau reported January casino revenue in the region fell 21.4% to 18.67B patacas. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Melco Crown (MPEL).
06:16 EDTSVASinovac Biotech receives preliminary non-binding acquisition proposal
Subscribe for More Information
January 28, 2016
06:15 EDTSVASinovac Biotech announces issuance of GMP certificate for EV71 vaccine
Subscribe for More Information
January 27, 2016
09:41 EDTBITABitauto initiated with a Buy at HSBC
Subscribe for More Information
January 26, 2016
07:06 EDTSHICitigroup to hold a conference
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use