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Stock Market & Financial Investment News

News Breaks
March 25, 2014
08:10 EDTCHA, CCIHChinaCache forms strategic partnership with China Telecom or CDN deployment
ChinaCache (CCIH) announced that it has entered into a strategic partnership with China Telecom (CHA), to jointly operate its content delivery network, or CDN, and to optimize China Telecom's network efficiency nationwide. ChinaCache and China Telecom will jointly build out and manage a CDN platform that combines China Telecom's extensive network resources and ChinaCache's vast experience developing CDN technologies and services. Through this partnership, China Telecom will share their network resources while ChinaCache will help to provide CDN platform technologies, technical support and customer services. ChinaCache will gain access to China Telecom's superior performing broadband network and can leverage their strong enterprise sales team to jointly promote the CDN network. These efforts support ChinaCache's goal of increasing CDN penetration across the country, particularly among the Internet enterprises, traditional enterprises, and Government and media customer segments.
News For CCIH;CHA From The Last 14 Days
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April 15, 2015
10:00 EDTCHAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Tower (AMT) upgraded to Outperform from Neutral at Macquarie... Ameriprise (AMP) upgraded at Morgan Stanley... Builders FirstSource (BLDR) upgraded to Buy from Neutral at Sterne Agee... China Telecom (CHA) upgraded to Outperform from Market Perform at Bernstein... China Unicom (CHU) upgraded to Outperform from Underperform at Bernstein... Discover (DFS) upgraded to Overweight from Neutral at JPMorgan... EV Energy (EVEP) upgraded on asset sale at RBC Capital... GoPro (GPRO) upgraded to Overweight from Neutral at Piper Jaffray... Intel (INTC) upgraded on valuation at RBC Capital... Nike (NKE) upgraded to Overweight from Neutral at Piper Jaffray... Nokia (NOK) upgraded to Market Perform from Underperform at Bernstein... Rice Energy (RICE) upgraded to Buy from Neutral at Goldman... Staples (SPLS) upgraded to Buy from Hold at BB&T... Team (TISI) upgraded to Buy from Hold at BB&T... Ulta Salon (ULTA) upgraded to Overweight from Neutral at Piper Jaffray.
07:29 EDTCHAChina Telecom upgraded to Outperform from Market Perform at Bernstein
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07:23 EDTCHAChina Unicom upgraded to Outperform from Underperform at Bernstein
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07:13 EDTCHAChina Telecom upgraded to Outperform from Market Perform at Bernstein
Bernstein upgraded China Telecom to Outperform saying the opening of the Hong Kong/Shanghai connect and upside from the JV Tower Co will provide significant support for the sector.

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