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NQ Mobile Gains 5% Following Insider Purchase Agreement
Tuesday, March 29, 2016 - 8:51am | 146Read More...Shares of NQ Mobile Inc (ADR) (NYSE: NQ) were trading higher by more than 5 percent after the company announced it has entered into a new agreement with its Chairman and Chief Operating Officer to acquire 96 million shares of the company's stock. NQ Mobile stated that Dr. Vincent Wenyong Shi will...
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Shares Of NQ Mobile Pop Then Drop Following Update On FL Mobile Divestment
Monday, February 22, 2016 - 12:57pm | 176Read More...NQ Mobile Inc (ADR) (NYSE: NQ) announced on Monday that its affiliate, Beijing NQ Technology Co, is contemplating a proposed transaction in which Gansu Huangtai will acquire the entire stake of FL Mobile Jiutian Technology - Beijing Technology's majority owned subsidiary in the People's...
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NQ Mobile Spikes After NationSky Payout Reveal
Tuesday, December 29, 2015 - 12:13pm | 129Read More...Shares of NQ Mobile Inc (ADR) (NYSE: NQ) spiked higher by nearly 4 percent on Tuesday after the company issued an update on its planned NationSky divestment. NQ Mobile announced in August it has entered into an agreement to sell all of its interest in NationSky to Hou Shuli, a founder and senior...
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NQ Mobile Stakeholder Is Not Necessarily Bullish, Sees Potential Value In Convertibles
Thursday, December 18, 2014 - 3:46pm | 253Read More...Speaking to Benzinga, Dinsmore Capital Management Executive Vice President James Dinsmore said that it will be very interesting to go through earnings for NQ Mobile Inc (NYSE: NQ) when they are released later Thursday. “I’m not necessarily bullish, but I think there’s...
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Rosenblatt Securities Analyst On NQ Mobile Audit: 'I Think The Clean 20F Already Speaks For Itself'
Thursday, December 18, 2014 - 3:30pm | 231Read More...When asked about expectations for NQ Mobile Inc (NYSE: NQ), Rosenblatt Securities Analyst Jun Zhang told Benzinga that the attack from Muddy Waters and auditing process from PricewaterhouseCoopers Zhong Tian LLP will all affect the bottom line. But he thinks the top line will be fine. As far...
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Rosenblatt Securities Analyst On NQ Mobile Earnings: 'People Already Expect The Result Will Not Be Good'
Thursday, December 18, 2014 - 3:17pm | 161Read More...Speaking to Benzinga about the NQ Mobile Inc (NYSE: NQ) earnings expected later Thursday, Rosenblatt Securities Analyst Jun Zhang said that the stock price shows people are already anticipating a bad result. “We’re going to see some of the share price already diluted by some...
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Topeka Capital Markets' Frederick Ziegel Says NQ Mobile Will Have To Do A Re-Education Of The Investor
Thursday, December 18, 2014 - 3:07pm | 266Read More...Topeka Capital Markets Analyst Frederick Ziegel told Benzinga that only time will help investors regain confidence in NQ Mobile Inc (NYSE: NQ), which was the subject of scrutiny from Muddy Waters and an audit from PricewaterhouseCoopers Zhong Tian LLP. If the business performs, Ziegel explained...
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Topeka Capital Markets Analyst Says NQ Mobile Earnings Will Show A Drastically Different Company
Thursday, December 18, 2014 - 2:43pm | 279Read More...When asked about expectations for NQ Mobile Inc (NYSE: NQ) earnings, Topeka Capital Markets Analyst Frederick Ziegel told Benzinga that the release will show a “significantly” different company today than it was the last time the company reported. One reason is that Ziegel thinks...
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Topeka Capital Markets Analyst Says NQ Mobile Revenues Will Probably Be Higher Than Expected, Margins Lower
Thursday, December 18, 2014 - 2:23pm | 231Read More...Speaking to Benzinga, Topeka Capital Markets Analyst Frederick Ziegel said that NQ Mobile Inc (NYSE: NQ) has so much information to put out in Thursday's earnings report that he doesn’t know that anybody can possible have any idea about the numbers. “My guess is revenues will be...
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Markets Continue To Rally As The Dow Closes Above 17,000
Tuesday, October 28, 2014 - 4:44pm | 1552Read More...U.S. stocks continued to charge forward as the Dow closed above the 17,000 mark as consumer confidence rose more than expected in October. The Federal Reserve gathered Tuesday and will release a statement on Wednesday at 2:00 p.m. ET. It is not a foregone conclusion that the Federal Reserve...
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Markets Virtually Flat, Oil Continues To Decline Following Bearish Outlook
Monday, October 27, 2014 - 4:58pm | 1622Read More...U.S. markets were little changed to start the week as equities took a back seat following a bearish oil call at Goldman Sachs. Analysts at Goldman Sachs placed a $75-per-barrel target on crude oil, noting that supply will outpace demand in the coming year. The National Association of Realtors...
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Markets Mostly Higher Despite Initial Negative Reaction From FOMC Minutes
Wednesday, August 20, 2014 - 5:31pm | 2792Read More...U.S. stocks were mostly higher as the S&P 500 and Dow continue trading near historical all-time highs. The S&P 500 briefly dipped into negative territory immediately following the Federal Reserves's minutes while the Dow trading lower but stayed in positive territory. The NASDAQ...
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Markets Close The Week On Negative Note As Ukraine Worries Mount
Friday, August 15, 2014 - 5:01pm | 2461Read More...U.S. stocks erased early morning gains and finished lower following reports that Ukrainian artillery forces engaged armored vehicles entering Ukraine from Russia. Narayana Kocherlakota, Minneapolis Fed President, stated that labor strength in its current state appears to be far away from the...
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Stocks Mixed Despite Better Than Expected GDP
Wednesday, July 30, 2014 - 4:43pm | 2929Read More...U.S. stocks were mixed as the Fed continued to wind down its monthly asset purchase program by another $10 billion. The Fed noted that the economy rebounded in the second quarter despite significant under-utilization remaining in the labor market. As such, the Fed noted, it will maintain a...
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Investors Focus On Earnings Rather Than Geopolitical Tensions
Friday, July 18, 2014 - 6:08pm | 2627Read More...U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...
