New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 30, 2014
09:30 EDTNQNQ Mobile announces sale of a minority interest investment in FL Mobile
NQ Mobile announced that it has entered into a definitive agreement to sell a minority interest in its wholly owned subsidiary, FL Mobile. Specifically, NQ Mobile has signed a definitive agreement to sell up to 5.88% of FL Mobile, or up to a total of $25M, consisting of $15M to Bison Mobile Limited, a division of Bison Capital Co Ltd and $10M from other investors, at a pre-money valuation of $400M dollars or post-money valuation of $425M. The funds will be used to further expand and enhance the FL Mobile business, brand and content. The investment has a redemption right if FL Mobile does not complete a qualified IPO within 12 months after the investment is completed.
News For NQ From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 19, 2014
09:28 EDTNQOn The Fly: Pre-market Movers
Subscribe for More Information
05:52 EDTNQStocks with implied volatility movement; NQ FXE
Subscribe for More Information
December 18, 2014
18:22 EDTNQOn The Fly: After Hours Movers
UP AFTER EARNINGS: Red Hat (RHT), up 9.3%... Pier 1 Imports (PIR), up 8%... NQ Mobile (NQ), up 9.3%... Cintas (CTAS), up 6.3%. ALSO HIGHER: Aratana Therapeutics (PETX), up 25.9% after candidate for dog osteoarthritis shows positive results... Ally Financial (ALLY), up 5% after announcing that it will exit the Troubled Asset Relief Program. DOWN AFTER EARNINGS: Nike (NKE), down 2.7%. ALSO LOWER: American Apparel (APP), down 2.8% after New York Post reports on takeover bid.
17:24 EDTNQNQ Mobile reports average monthly active user accounts 159M as of Sept. 30
Subscribe for More Information
17:22 EDTNQNQ Mobile to sell FL Mobil to Tack Fiori International
Subscribe for More Information
17:21 EDTNQNQ Mobile raises FY14 revenue view to $325M-$326M from $320M-$325M
Subscribe for More Information
17:20 EDTNQNQ Mobile sees Q4 revenue $82M-$83M
Subscribe for More Information
17:19 EDTNQNQ Mobile reports adj net income for first three quarters ended Sept. 30 $23M
Reports net revenues of $242.6M for the first three quarters ended September 30. Generated a total of $22M in operating cash flow for the first three quarters ended September 30.
10:49 EDTNQNQ Mobile up 9% in early trading ahead of earnings report tonight
Subscribe for More Information
10:38 EDTNQNQ Mobile volatility increases into reporting Q1, Q2, Q3
Subscribe for More Information
December 15, 2014
09:21 EDTNQNQ Mobile volatility elevated into reporting Q1, Q2, Q3 results
Subscribe for More Information
09:10 EDTNQNQ Mobile to report Q1, Q2, Q3 results on Dec. 18
December 11, 2014
14:23 EDTNQChinese report casts doubt on NQ Mobile co-CEO departure, Muddy Waters says
Subscribe for More Information
December 10, 2014
08:58 EDTNQNQ Mobile holder RPL agrees to additional two-year voluntary lock-up
NQ Mobile stated that, as a sign of confidence in the future of the company, RPL Limited, a substantial shareholder of NQ Mobile which is owned and controlled by the founders of NQ, has agreed to an additional two-year voluntary lock-up that will expire in December 2016. RPL is a limited liability company organized under the laws of the British Virgin Islands. As of October 15, , RPL held 50,352,941 Class B common shares, equivalent to approximately 10.07M ADSs, of NQ Mobile, representing approximately 11.3% of NQ Mobile's outstanding shares. RPL agreed it will not sell any of its shares until December 2016. In addition to the lock-up by RPL, the founders and NQ Mobile's senior management reiterate their intention to purchase additional shares in accordance with all applicable rules and regulations.
08:56 EDTNQNQ Mobile Co-CEO and Chairman Lin steps down
Subscribe for More Information
08:37 EDTNQNQ Mobile Co-CEO and Chairman Lin steps down

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use