New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 26, 2014
08:29 EDTCMGEChina Mobile Games issues statement on restructuring and bribery allegations
China Mobile Games stated that, as announced on 20 June, there was an implementation of organizational restructuring and personnel changes in its game publishing business, one of the three business segments of the company and that the purpose of the restructuring is to streamline the company's operations. The company also stated that to the best of its knowledge, it is currently unaware of any evidence of bribery but nevertheless, the independent committee has been formed to look into and address the circulating market speculations. An external law firm will be appointed to assist the independent committee. The company will announce further update on the results of its independent committee's investigation.
News For CMGE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 17, 2014
09:22 EDTCMGEOn The Fly: Pre-market Movers
Subscribe for More Information
06:08 EDTCMGEChina Mobile Games sees Q4 revenue RMB 380M-RMB 400M
Subscribe for More Information
06:08 EDTCMGEChina Mobile Games reports Q3 EPS 38c, consensus 35c
Subscribe for More Information
November 13, 2014
13:56 EDTCMGEChina mobile game sector to grow slower in 2015, says Rosenblatt
Rosenblatt says Tencent reported below consensus numbers, particularly in mobile games, where revenue fell sequentially. The firm expects China's mobile game sector to grow slower in 2015 and remains on the sidelines with regards to shares of Sky-mobi (MOBI), China Mobile Games (CMGE) and iDreamSky (DSKY). Rosenblatt thinks Qihoo's(QIHU) mobile game distribution business will also be hurt by the slowing growth.

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