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Stock Market & Financial Investment News

News Breaks
March 11, 2013
08:31 EDTDANGDangdang downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded Dangdang after assuming coverage of the stock citing a lack of earnings and revenue growth visibility. The firm lowered its price target for shares to $4.50 from $10.
News For DANG From The Last 14 Days
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May 28, 2015
09:27 EDTDANGOn The Fly: Pre-market Movers
HIGHER: Rally Software (RALY), up 44% after deal to be bought by CA Technologies for $19.50 per share... IMAX (IMAX), up 6.5% after IMAX China files application for IPO on Hong Kong Stock Exchange... Avago (AVGO), up 2.8% after announcing deal to buy Broadcom (BRCM) for $37B in cash and stock. Broadcom shares are down 1% following the announcement... Western Digital (WDC), up 2.4% following upgrade to Buy from Neutral at Goldman. UP AFTER EARNINGS: Express (EXPR), up 8%... Abercrombie & Fitch (ANF), up 4.3%. LOWER: NeoStem (NBS), down 22.8% after 12.5M share secondary price at $2 per share... Ctrip.com (CTRP), down 1.6% after reportedly disclosing cyberattack against its services. DOWN AFTER EARNINGS: Orbital ATK (OA), down 1.6%... Signet (SIG), down 3.5%... Sanderson Farms (SAFM), down 3%... Dangdang (DANG), down 11%.
07:13 EDTDANGDangdang sees Q2 revenue up 30% YoY
Sees Q2 revenue RMB2.3B. Consensus for Q2 revenue is $378.59M. The company also expects Q2 GMV from its marketplace to grow at a rate of 32% year-over-year to approximately RMB1.9B.
07:11 EDTDANGDangdang reports Q1 EPS (12c), may not compare to consensus 4c
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May 26, 2015
08:22 EDTDANGDangdang June volatility elevated into Q1 and outlook
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