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Stock Market & Financial Investment News

News Breaks
July 25, 2014
08:38 EDTNQNQ Mobile August weekly volatility at 134 into Q3
NQ Mobile August weekly call option implied volatility is at 134, August is at 125, September is at 148, January is at 142; compared to its 26-week average of 137 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on July 28.
News For NQ From The Last 14 Days
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November 18, 2015
06:58 EDTNQNQ Mobile enters into binding agreement to sell Beijing Tianya
NQ Mobile announced it has entered into a legally binding agreement to sell 100% of the equity interest in Beijing Tianya , which operates NQ Mobile's mobile health applications related business, to Tack Fiori International Group, a Cayman Islands company listed in Hong Kong, for an aggregate consideration of $40M. Beijing Tianya is a wholly owned subsidiary of Beijing NQ Technology Co., Ltd., NQ Mobile's consolidated affiliated entity in China. The company's board has approved both the transaction and the Agreement. The closing of the transaction is subject to the condition that Tack Fiori obtains the necessary approvals, including shareholder approval, to complete the transaction, as well as additional customary closing conditions, and the satisfaction and compliance of all relevant requirements under the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange Limited.

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