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Stock Market & Financial Investment News

News Breaks
August 7, 2014
10:00 EDTMOKO, JD, MIK, CHMIOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Cherry Hill Mortgage (CHMI) initiated with an Outperform at JMP Securities... JD.com (JD) initiated with a Market Perform at William Blair... MOKO Social Media (MOKO) initiated with a Buy at Chardan... Michaels Stores (MIK) initiated with a Neutral at Macquarie.
News For CHMI;JD;MOKO;MIK From The Last 14 Days
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July 6, 2015
08:34 EDTMOKOMOKO Social Media reports MUV surpassed 10M at end of June
MOKO Social Media announced that as at the end of June, Monthly Unique Visitors, or MUV, surpassed 10M. MOKO's previous stated MUV target was 10M-15M by the end of 2015, the lower end of this target now attained, six months early. The results show another strong quarter of growth for MOKO with visitors increasing across all verticals.
June 26, 2015
10:46 EDTJDJD.com trades lower after break of support, levels to watch
The shares are down 1.7% at time of writing to $33.42. This move lower follows a break yesterday below the 50-day moving average at $34.45 which is now major resistance rather than support. Next support below current price is at $32.69.
05:09 EDTJDJD.com, ZestFinance announce JV to expand consumer credit in China
JD.com and ZestFinance announced an agreement to launch a joint venture. or JV, called JD-ZestFinance Gaia, to support the development of consumer credit in China. The JV will leverage ZestFinance's machine learning-based credit-decisioning technology and JD.com's reservoir of consumer data to provide credit risk evaluation services to companies in China. Additionally, as part of the agreement, JD.com is making an investment in ZestFinance to help fund further development of credit risk evaluation services for China and extend consumer access to credit.

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