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Stock Market & Financial Investment News

News Breaks
August 7, 2014
08:41 EDTCHU, NQNQ Mobile's Music Radar technology integrated into China Unicom phones
NQ Mobile (NQ) announced a deal with China Unicom (CHU) to integrate NQ Mobile's Music Radar technology into the native music client offered by the carrier.
News For NQ;CHU From The Last 14 Days
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August 27, 2015
16:28 EDTNQOn The Fly: Top stock stories for Thursday
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09:26 EDTNQOn The Fly: Pre-market Movers
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August 26, 2015
20:03 EDTNQOn The Fly: After Hours Movers
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18:33 EDTNQNQ Mobile up 56% to $4.75 after entering agreement to sell FL Mobile subsidiary
17:10 EDTNQNQ Mobile enters agreement to sell FL Mobile subsidiary
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17:06 EDTNQNQ Mobile sees Q3 revenue $110.0M-$112.0M, two estimates $118.50M
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17:05 EDTNQNQ Mobile sees FY15 revenue $455.0M-$460.0M, two estimates $449.70M
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17:03 EDTNQNQ Mobile reports Q2 non-GAAP EPS 8c, two estimates 5c
Reports Q2 revenue $102.1M, two estimates $102.00M.
17:00 EDTNQNQ Mobile enters into a binding agreement to sell NationSky
NQ Mobile has entered into legally binding share purchase agreements, which provide for the sale of all of NQ Mobile's interest in the NationSky business, including the entire interest in Beijing NationSky Network Technology, to Hou Shuli, a founder and senior management member of Beijing NationSky, for an aggregate consideration of $80M cash. The NationSky business provides device agnostic managed mobile services, mobile device management services and other mobile SaaS offerings to enterprises. The company's board of directors and audit committee approved the NationSky Agreements and the NationSky Divestment. The NationSky Divestment is expected to close within 60 days.
August 25, 2015
14:50 EDTNQNQ Mobile volatility elevated into Q2 and outlook
NQ Mobile August weekly call option implied volatility is at 183, September is at 129, October is at 104; compared to its 52-week range of 64 to 200, suggesting large near term price movement into the expected release of Q2 results on August 27.
August 24, 2015
09:45 EDTCHUOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bank of America (BAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Bristol-Myers (BMY) upgraded to Neutral from Underweight at Piper Jaffray... Chevron (CVX) upgraded to Neutral from Underperform at BofA/Merrill... Abercrombie & Fitch (ANF) upgraded to Overweight from Neutral... Nike (NKE) upgraded to Outperform from Market Perform at Telsey Advisory... DreamWorks (DWA) upgraded to Buy from Neutral at B. Riley... Caesarstone (CSTE) upgraded to Overweight from Equal Weight at Barclays... TransAlta (TAC) upgraded to Outperform from Market Perform at BMO Capital... Sarepta (SRPT) upgraded to Overweight from Neutral at Piper Jaffray... AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill... Royal Dutch Shell (RDS.A) upgraded to Buy from Hold at Jefferies... Allscripts (MDRX) upgraded to Buy from Hold at Argus... China Unicom (CHU) upgraded to Buy from Hold at Jefferies... Ross Stores (ROST) upgraded to Buy from Neutral at Buckingham.
07:55 EDTCHUChina Unicom upgraded to Buy from Hold at Jefferies
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07:28 EDTCHUChina Unicom upgraded to Buy from Hold at Jefferies

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