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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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August 20, 2014
08:41 EDTNQNQ Mobile's vLife Technnology adopted by China Telecom
NQ Mobile (NQ) announced a partnership with China Telecom (CHA) that will bring NQ Mobile's vLife technology to China Telecom's "E Surfing" product. Under terms of the agreement, vLife will power the user interface for the mobile cloud platform.
August 18, 2014
09:10 EDTNQNQ Mobile announced it was named finalist at CTIA E-Tech Awards
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August 15, 2014
09:37 EDTNQNQ lost CFO, audit chair, auditor within weeks, Muddy Waters says
Short-selling research firm Muddy Waters tweeted, "Within mere weeks, $NQ has lost its CFO, audit chair, and Big4 auditor. Sad comedy to watch $NQ continue denying it's a fraud." Shares of NQ are down 11% to $5.70 after the company disclosed the resignation of its CFO.
09:10 EDTNQOn The Fly: Pre-market Movers
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07:20 EDTNQNQ Mobile volatility expected to move on CFO KB Teo to resignation
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07:11 EDTNQNQ Mobile CFO KB Teo to resign for family reasons effective August 22
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August 13, 2014
16:00 EDTNQOptions Update; August 13, 2014
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August 12, 2014
13:27 EDTNQNQ Mobile move positive attributed to iTunes link
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August 7, 2014
08:41 EDTNQNQ Mobile's Music Radar technology integrated into China Unicom phones
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