Author: John Meady

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Tech New Lows: Sungy Mobile Ltd (NASDAQ:GOMO), PC Tel Inc (NASDAQ:PCTI), Majesco Entertainment Co. (NASDAQ:COOL), Voltari Corp (NASDAQ:VLTC)

Sungy Mobile Ltd. (NASDAQ:GOMO) said it has announced its unaudited financial results for the first quarter ended March 31, 2014. Revenues from mobile application products and services increased by 103.2 percent to RMB48.7m (USD7.8m) from RMB24.0m in the prior year period. Net income increased by 23.7 percent to RMB14.2m (USD2.3m) from RMB11.5m in the prior year period. Net income, excluding the impact of the GetJar … Continue reading Tech New Lows: Sungy Mobile Ltd (NASDAQ:GOMO), PC Tel Inc (NASDAQ:PCTI), Majesco Entertainment Co. (NASDAQ:COOL), Voltari Corp (NASDAQ:VLTC)

John Meady
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Services Sector Gainers: Qunar Cayman Islands Ltd (NASDAQ:QUNR), Sino-Global Shipping Americ (NASDAQ:SINO), Good Times Restaurants Inc. (NASDAQ:GTIM), Cache, Inc. (NASDAQ:CACH)

Qunar Cayman Islands (NASDAQ:QUNR)‘s stock had its “neutral” rating reaffirmed by stock analysts at Macquarie in a report issued on Tuesday. They currently have a $22.00 price target on the stock, down from their previous price target of $30.00. Macquarie’s target price would suggest a potential upside of 3.68% from the stock’s previous close. Qunar Cayman Islands Ltd (NASDAQ:QUNR) stock performance was 6.03% in last … Continue reading Services Sector Gainers: Qunar Cayman Islands Ltd (NASDAQ:QUNR), Sino-Global Shipping Americ (NASDAQ:SINO), Good Times Restaurants Inc. (NASDAQ:GTIM), Cache, Inc. (NASDAQ:CACH)

John Meady
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Basic material gainers: Andatee China Marine Fuel (NASDAQ:AMCF), PostRock Energy (NASDAQ:PSTR), American Eagle Energy (NYSEMKT:AMZG), Gulf Resources (NASDAQ:GURE)

Andatee China Marine Fuel Services Corporation (NASDAQ:AMCF), a leading independent operator engaged in the production, storage, distribution, trading of blended marine fuel oil for cargo and fishing vessels in China, today announced its financial results for the first quarter of 2014 ended March 31, 2014. Total sales in Q1 2014 decreased by 22% to $42 million from $53.6 million in Q1 2013. Gross profit in … Continue reading Basic material gainers: Andatee China Marine Fuel (NASDAQ:AMCF), PostRock Energy (NASDAQ:PSTR), American Eagle Energy (NYSEMKT:AMZG), Gulf Resources (NASDAQ:GURE)

John Meady
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Finance

Tech New Lows: MoSys Inc. (NASDAQ:MOSY), ADTRAN, Inc. (NASDAQ:ADTN), Ruckus Wireless Inc (NYSE:RKUS), VimpelCom Ltd (ADR) (NASDAQ:VIP)

MoSys Inc. (NASDAQ:MOSY) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for MOSY broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness. MoSys Inc. (NASDAQ:MOSY) stock performance was -5.15% in last session and finished the day at $3.13. Traded volume was … Continue reading Tech New Lows: MoSys Inc. (NASDAQ:MOSY), ADTRAN, Inc. (NASDAQ:ADTN), Ruckus Wireless Inc (NYSE:RKUS), VimpelCom Ltd (ADR) (NASDAQ:VIP)

John Meady
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Finance

Services Sector Active Runners: eBay Inc (NASDAQ:EBAY), Pandora Media Inc (NYSE:P), The Wendy’s Co (NASDAQ:WEN), Time Warner Inc (NYSE:TWX)

At the Imagine 2014 global ecommerce event today, eBay Inc (NASDAQ:EBAY) released the newest versions of Magento Enterprise Edition (version 1.14) and Community Edition (version 1.9). Both editions include a new Responsive Reference Design Theme, Bill Me Later as a payment option and PayPal Express Checkout improvements. Magento Enterprise Edition will also include faster search indexing. The upgrades make it easier and less expensive for … Continue reading Services Sector Active Runners: eBay Inc (NASDAQ:EBAY), Pandora Media Inc (NYSE:P), The Wendy’s Co (NASDAQ:WEN), Time Warner Inc (NYSE:TWX)

John Meady