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Stock Market & Financial Investment News

News Breaks
November 28, 2011
08:00 EDTPWRD, CYOU
theflyonthewall.com: Changyou.com and Perfect World mentioned positively at Susquehanna
Susquehanna said Chanyou.com (CYOU) and Perfect World (PWRD) are trading at "ridiculous valuation levels" and reiterates its Positive ratings on both. :theflyonthewall.com



News For CYOU;PWRD From The Last 14 Days
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May 12, 2012
16:15 EDTPWRD
theflyonthewall.com: Perfect World acknowledges civil case filed alleging securities violations

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:theflyonthewall.com
16:13 EDTPWRD
theflyonthewall.com: Perfect World board accepts suggestions to improve corporate governance

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:theflyonthewall.com
16:10 EDTPWRD
theflyonthewall.com: Perfect World announces findings of internal investigation
Perfect World announced the findings of the Audit Committee based on the results of an internal investigation. On January 10, Perfect World announced that its independent Audit Committee planned to thoroughly review the anonymous allegations posted on certain Chinese language websites on or around January 8 and would engage independent legal counsel to assist with the review....Summary of Major Findings:Perfect World did not overpay for Zhizhu advertising services or equity, no evidence suggests any member of Mr. Chi's family received any monetary benefit, improper or otherwise, from Perfect World's office building renovation project, the divestiture of the film and television business was properly conducted and the price was reasonable and fair, no evidence suggests that Mr. Chi improperly evaded taxes. :theflyonthewall.com