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Stock Market & Financial Investment News

News Breaks
June 30, 2014
06:52 EDTCHL, CHU, CHAChina Mobile's competition to intensify, China Daily says
A decision by China to enable two of China Mobile's (CHL) rivals to test a joint 4G network in 16 cities will help the competitors challenge China Mobile, China Daily reported on Saturday. The two competitors are China Telecom (CHA) and China Unicom (CHU), the newspaper stated. Reference Link
News For CHL;CHA;CHU From The Last 14 Days
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August 24, 2015
09:45 EDTCHUOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bank of America (BAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Bristol-Myers (BMY) upgraded to Neutral from Underweight at Piper Jaffray... Chevron (CVX) upgraded to Neutral from Underperform at BofA/Merrill... Abercrombie & Fitch (ANF) upgraded to Overweight from Neutral... Nike (NKE) upgraded to Outperform from Market Perform at Telsey Advisory... DreamWorks (DWA) upgraded to Buy from Neutral at B. Riley... Caesarstone (CSTE) upgraded to Overweight from Equal Weight at Barclays... TransAlta (TAC) upgraded to Outperform from Market Perform at BMO Capital... Sarepta (SRPT) upgraded to Overweight from Neutral at Piper Jaffray... AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill... Royal Dutch Shell (RDS.A) upgraded to Buy from Hold at Jefferies... Allscripts (MDRX) upgraded to Buy from Hold at Argus... China Unicom (CHU) upgraded to Buy from Hold at Jefferies... Ross Stores (ROST) upgraded to Buy from Neutral at Buckingham.
07:55 EDTCHUChina Unicom upgraded to Buy from Hold at Jefferies
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07:28 EDTCHUChina Unicom upgraded to Buy from Hold at Jefferies
August 21, 2015
07:45 EDTCHLChina Mobile reported strong results, says Bernstein
Bernstein believes that China Mobile's first half results were strong, as its EBITDA rose by 7.2% and its operating revenue advanced 4.9%, although its net profit dropped 0.8%. Bernstein points out that its results were negatively impacted by changes in VAT taxation and its sales and marketing model. The firm thinks that the company's Q2 results improved versus Q1. Bernstein expects the company's results to improve further going forward, and it keeps an Outperform rating on the shares.
August 20, 2015
09:48 EDTCHAChina Telecom upgraded to Neutral from Sell at Citi
08:33 EDTCHA, CHLChina Telecom results 'relatively strong,' says Bernstein
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