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News Breaks | | | | December 11, 2012 | | 08:09 EDT |  | NQ | NetQin Mobile rejects accusations in Seeking Alpha article
NQ Mobile rejected as false allegations made in an article published on seekingalpha.com on December 10, written by an author named "FJE Research" who has admitted to holding a short position in the company. NQ Mobile strongly rejects these allegations and notes that FJE Research's commentary contains numerous inaccuracies and misleading speculations based on flawed arguments and illustrates a lack of understanding of the Company's business model. The company also stands firm and ready to protect its reputation and reserves legal rights against any deliberately false accusation. | |
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News For NQ From The Last 14 Days Check below for free stories on NQ the last two weeks. |
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| May 20, 2013 | | 09:49 EDT |  | NQ | Baidu rumored to be competing with Tencent to buy NetQin, TechinAsia says
 Subscribe for More Information | | | May 16, 2013 | | 16:29 EDT |  | NQ | On The Fly: Closing Wrap
Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47. | | | 10:00 EDT |  | NQ | NetQin Mobile falls 11.9%
NetQin Mobile is down 11.9%, or $1.14, to $8.46 | | | 09:00 EDT | | NQ | NetQin Mobile falls 7.8%
NetQin Mobile is down 7.8%, or 75c, to $8.85 | | | May 15, 2013 | | 19:34 EDT | | NQ | On The Fly: After Hours Movers
Subscribe for More Information | | | 16:35 EDT |  | NQ | NetQin Mobile raises FY13 revenue view to $179M-$184M from $178M-$183M
Subscribe for More Information | | | 16:35 EDT | | NQ | NetQin Mobile sees Q2 revenue $38.5M-$38.8M, consensus $38.31M
Subscribe for More Information | | | 16:34 EDT | | NQ | NetQin Mobile reports Q1 adjusted EPS 19c, consensus 19c
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