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Stock Market & Financial Investment News

News Breaks
April 30, 2014
08:41 EDTNQNQ Mobile updates independent investigation of short-seller allegations
NQ Mobile provided a status report on the independent investigation into the allegations about NQ made last October by short seller Muddy Waters. The appointed Investigation Team has conducted a far-ranging investigation of NQ's business activities to examine the allegations made in Muddy Waters' October 24, 2013 report. The investigation is nearly complete. The Investigation Team has thus far found no evidence that the company engaged in the alleged fraudulent conduct. The company intends to report the final results of the investigation in connection with the filing of the company's annual report on Form 20-F. The company expects to file its annual report as soon as practicable following the conclusion of the investigation and the completion of the review of its financial statements by its independent auditor. Because that work is not complete, the company will extend by 15 days the date for filing its report on Form 20-F. The company continues to believe that the allegations by Muddy Waters lack merit, and the company therefore does not anticipate any changes to its previously reported financial results.
News For NQ From The Last 14 Days
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March 24, 2015
10:52 EDTNQChinaRock Capital reports 5.75% stake in NQ Mobile
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March 19, 2015
09:20 EDTNQOn The Fly: Pre-market Movers
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09:07 EDTNQNQ Mobile appoints Chun Ding as independent director of board
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March 18, 2015
18:32 EDTNQOn The Fly: After Hours Movers
UP AFTER EARNINGS: Guess (GES), up 12.4% after reporting fourth quarter results and guidance... Shoe Carnival (SCVL), up 10%... NQ Mobile (NQ), up 9.1%... Tilly's (TLYS), up 1.3%... Cintas (CTAS), up 1.3% after reporting quarterly results and raising fiscal 2015 guidance. DOWN AFTER EARNINGS: Williams-Sonoma (WSM), down 4.1%... Jabil Circuit (JBL), down 1.8%... Juno Therapeutics (JUNO), down 3.3%. ALSO LOWER: Concert Pharmaceuticals (CNCE), down 4.4% after filing to sell common stock... Tekmira Pharmaceuticals (TKMR), down 3.7% after filing to sell 6M shares of common stock.
17:03 EDTNQNQ Mobile sees FY15 revenue $450M-$455M, one estimate $424M
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17:03 EDTNQNQ Mobile sees Q1 revenue $85M-$86M, one estimate $94.73M
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17:01 EDTNQNQ Mobile reports Q4 EPS 3c, one estimate 2c
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