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July 31, 2014
07:25 EDTCMCMCheetah Mobile and Tencent expand cooperation agreement
Cheetah Mobile has entered into a supplemental agreement with Shenzhen Tencent Computer Systems, a subsidiary of Tencent Holdings, which increases the annual caps for fees payable by Tencent and its subsidiaries and their respective associates to Cheetah. Cheetah and Tencent Shenzhen entered into a Strategic Cooperation Agreement on December 27, 2013. The original annual caps of the fees payable by Tencent and its subsidiaries to Cheetah for the two years ending December 31, 2015 were RMB22M and RMB33M, respectively. Under the new supplemental agreement, the annual caps have been increased to RMB100M and RMB105M, respectively.
News For CMCM From The Last 14 Days
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March 25, 2015
08:41 EDTCMCMCheetah Mobile announces strategic investment in Nanigans
Cheetah Mobile announced that it has made a strategic investment in Nanigans, as the lead investor in Nanigans' $24M Series B financing.
March 24, 2015
10:09 EDTCMCMHigh option volume stocks
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March 20, 2015
09:24 EDTCMCMOn The Fly: Pre-market Movers
UP AFTER EARNINGS: (CTRP), up 20.1%... Rally Software (RALY), up 17.3%... Nike (NKE), up 5.2%... Darden Restaurants (DRI), up 4.3%... Cheetah Mobile (CMCM), up 3.6%. ALSO HIGHER: Prothena (PRTA), up 40.2% after reporting positive results from Phase 1 study of PRX002... Viggle (VGGL), up 26.9% after confirming receipt of offer from chairman and CEO Robert Sillerman... Intercept Pharmaceuticals (ICPT), up 8.5% after announcing new data analyses from FLINT trial... Biogen Idec (BIIB), up 9.7% after presenting positive interim results from study of aducanumab... Pier 1 Imports (PIR), up 5.2% after being upgraded to Outperform from Perform at Oppenheimer... JinkoSolar (JKS), up 2.8% after announcing that it will supply 75 MWdc of its PV solar modules to Red Horse 2 project and following a strategic collaboration agreement with DuPont (DD). DuPont is up just under 1%. DOWN AFTER EARNINGS: AK Steel (AKS), down 6.8%... Youku Tudou (YOKU), down 4.9%... Tiffany (TIF), down 3.3%. ALSO LOWER: Macerich (MAC), down 7.7% after Simon makes $95.50 per share "best and final" offer.
07:08 EDTCMCMCheetah Mobile sees Q1 revenue $103M-$105M, consensus $100.76M
07:08 EDTCMCMCheetah Mobile reports Q4 total global mobile user installations up 26.3%
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07:08 EDTCMCMCheetah Mobile reports Q4 non-GAAP EPS 10c, consensus 9c
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