04/29
Headlines

Finance

Wall Street Hot Runners: Molycorp Inc (NYSE:MCP), NQ Mobile (NYSE:NQ), IAMGOLD (NYSE:IAG), Magnum Hunter Resources (NYSE:MHR), Chelsea Therapeutics (NASDAQ:CHTP)

Kevin Long03 mins

Molycorp Inc (NYSE:MCP) is said to have been downgraded to Underweight from Neutral by JPMorgan financial analysts. The JPMorgan bank downgraded Molycorp Inc (NYSE:MCP) to Underweight as soon as the company reported its Q1 results, stating that Molycorp will look for another capital raise likely this year. Molycorp Inc (NYSE:MCP) stock performance was 1.45% in…

Read More

(NYSE:NQ) No Evidence Of Fraud found at NQ Mobile

Adam Keintzel02 mins

(NYSE:NQ) The Investigation Team conducted a thorough review of cash reported on NQ Mobile’s financial statements and the Company’s cash transactions, which included the following procedures: obtained bank confirmations for the Company’s accounts through in-person visits and mail Chinese mobile security software maker NQ Mobile said a special committee had found no evidence of fraud,…

Read More

Hot Movers: National Bank of Greece (ADR) (NYSE:NBG), Dendreon Corporation (NASDAQ:DNDN), Facebook Inc (NASDAQ:FB), Twitter Inc (NYSE:TWTR), Weibo Corp (ADR) (NASDAQ:WB)

Jason Knox03 mins

National Bank of Greece (ADR) (NYSE:NBG) was added to the “model portfolio” of JPMorgan’s European banking analysts Monday, who also added Banco Popular to the list following last week’s moves by the European Central Bank to improve funding to the banking sector. National Bank of Greece (ADR) (NYSE:NBG) stock performance was -5.13% in last session…

Read More

NASDAQ New Lows: Francesca’s Holdings Corp (NASDAQ:FRAN), Essex Rental Corp. (NASDAQ:ESSX), Papa Murphy’s Holdings Inc (NASDAQ:FRSH), Majesco Entertainment Co. (NASDAQ:COOL)

Richard Atkins03 mins

Francesca’s Holdings Corp (NASDAQ:FRAN) issued an update on its FY15 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.05-1.17 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.21, AnalystRatingsNetwork.com reports. The company issued revenue guidance of $387-399 million, compared to the consensus revenue estimate of $397.72 million. The…

Read More

Investor’s Watch List: B/E Aerospace (NASDAQ:BEAV), Qiwi PLC (NASDAQ:QIWI), Deutsche Bank AG (USA) (NYSE:DB), HSBC Holdings plc (NYSE:HSBC), Baidu Inc (NASDAQ:BIDU)

Kevin Long03 mins

B/E Aerospace Inc (NASDAQ:BEAV), which makes products for commercial aircraft and business jets, is planning to separate into two independent, publicly traded companies. One of the businesses will concentrate on aircraft cabin interior equipment. This includes design, development, manufacturing, certification and direct sales worldwide. The business is currently known as Manufacturing Co. B/E Aerospace Inc…

Read More