New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 7, 2012
16:23 EDTNDAQ, HEATSmartheat suspended by NASDAQ
The NASDAQ Stock Market (NDAQ) announced that Smartheat (HEAT), which has been subject to a trading halt since May 30, will be suspended from the NASDAQ Stock Market effective November 9. As a result of the suspension, Smartheat may be eligible to resume trading in the over the counter market. The suspension is the result of a final determination to delist the company's shares issued by the panel after a hearing on the matter.
News For HEAT;NDAQ From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 6, 2015
07:24 EDTNDAQbloomberg to hold a summit
Subscribe for More Information
October 1, 2015
08:00 EDTNDAQSecurity Traders Association to hold a conference
Subscribe for More Information
September 30, 2015
18:36 EDTNDAQBATS to pay companies to list exchange-traded funds, WSJ says
Subscribe for More Information
September 23, 2015
10:44 EDTNDAQChinese Internet stock pullback a buying opportunity, CLSA says
Shares of multiple Chinese Internet companies are down again in morning trading amid more weak economic data from the Asian nation. However, research firm CLSA released a note making favorable comments and evaluations of several of the country's largest Internet players amid the economic slowdown. LITTLE IMPACT FROM SLOWDOWN: After 25 Chinese Internet and telecom companies attended CLSA's Investors' Forum, analyst Elinor Leung stated that Internet companies in China reported that they have been little affected by growing weakness in the nation's economy. Leung said that such companies have attributed their successful performance to a high savings rate, which increases consumer spending power, as well as gains in offline market share. Additionally, companies already listed may benefit from a weak A-share market in China, since smaller companies do not have access to financing and the slow market speeds up consolidation, Leung noted. RATINGS CHANGES: CLSA upgraded online travel service provider Ctrip (CTRP) to Buy from Outperform and maintained an $85 price target on its shares, while also raising its rating on Baidu (BIDU) two notches, to Buy from Underperform. Leung, who lowered Baidu's price target to $180 from $225, said the firm's top sector picks in the country are (JD), Alibaba (BABA), Tencent (TCEHY), and Ctrip. The analyst added that Tencent and Ctrip shares are the "most defensive" stocks, while JD and Alibaba could rebound even more after sentiment improves. WHAT'S NOTABLE: Last Thursday, TechInAsia reported that Baidu chief executive officer Robin Li said that the company was weighing the idea of delisting from the Nasdaq (NDAQ) and re-listing on the A-shares market in China. TechInAsia later added that a spokesperson from the Chinese internet giant "downplayed" the potential move, saying that Li's comments referred to an "unlikely hypothetical situation" in which U.S. investors don't recognize the importance of the online-to-offline market. PRICE ACTION: In morning trading, Baidu shares fell 1.4% to $134.21, Ctrip shares were flat near $66.64, shares slid 2% to $25.04 and Alibaba shares declined 2% to $60.69.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use