Tag: 58.com

Finance

Tech Sector Bearish Stocks: Trina Solar (NYSE:TSL), NII Holdings (NASDAQ:NIHD), 58.com (NYSE:WUBA), GigaMedia Limited (NASDAQ:GIGM)

ReneSola has struggled for years, with its heavy debt load and weak margins putting it at a competitive disadvantage to stronger companies like Trina Solar Limited (ADR) (NYSE:TSL) and JinkoSolar. Yet more recently, greater demand for solar modules has put a floor under prices, and a shakeout among the large number of Chinese solar companies has started to separate the winners from the losers. Trina … Continue reading Tech Sector Bearish Stocks: Trina Solar (NYSE:TSL), NII Holdings (NASDAQ:NIHD), 58.com (NYSE:WUBA), GigaMedia Limited (NASDAQ:GIGM)

John Bellich
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Finance

Tech Bearish Stocks: 58.com (NYSE:WUBA), Perfect World Co (NASDAQ:PWRD), Digital Power Corporation (NYSEMKT:DPW), Criteo SA (ADR) (NASDAQ:CRTO)

Analysts believes that the IPOs of online marketplace 58.com Inc (ADR) (NYSE:WUBA) and travel-booking site Qunar in the second half of 2013 opened the door for another round of US stock offerings by Chinese Internet companies. 58.com Inc (ADR) (NYSE:WUBA) stock performance was 48.68% in last session and finished the day at $46.29. Traded volume was 1.08million shares in the last session and the average … Continue reading Tech Bearish Stocks: 58.com (NYSE:WUBA), Perfect World Co (NASDAQ:PWRD), Digital Power Corporation (NYSEMKT:DPW), Criteo SA (ADR) (NASDAQ:CRTO)

Kevin Long
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Finance

Hot Stocks: Johnson & Johnson (NYSE:JNJ), 58.com Inc (ADR) (NYSE:WUBA), Aegean Marine Petroleum Network Inc. (NYSE:ANW), Sears Holdings Corp (NASDAQ:SHLD)

Johnson & Johnson (NYSE:JNJ), the world’s biggest health-care products company, is bolstering its medical device presence in China as some companies struggle with government rules in one of the world’s fastest growing markets. J&J built a manufacturing plant in Suzhou and conducted clinical trials with the plates and screws for broken bones that it produced, said Michel Orsinger, worldwide chairman of J&J’s global orthopedics group. … Continue reading Hot Stocks: Johnson & Johnson (NYSE:JNJ), 58.com Inc (ADR) (NYSE:WUBA), Aegean Marine Petroleum Network Inc. (NYSE:ANW), Sears Holdings Corp (NASDAQ:SHLD)

Richard Atkins