NQ Mobile Inc (ADR) (NYSE:NQ) surged nearly 7 percent in the current trading session following reports that the provider of mobile security and privacy products is about to file its delayed annual report. NQ shares are trading in the range of $6.37 to $7.64. NQ Mobile Inc (ADR) (NYSE:NQ) stock performance was 6.12% in last…
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…
Marin Software Inc (NASDAQ:MRIN)’s stock had its “buy” rating reiterated by Deutsche Bank in a research note issued on Tuesday. They currently have a $20.00 target price on the stock. Deutsche Bank’s price objective suggests a potential upside of 105.76% from the stock’s previous close. Marin Software Inc (NYSE:MRIN) stock performance was 8.09% in last…
J.C. Penney Company, Inc. (NYSE:JCP)’s CEO, Mike Ullman has turned the company around after the replacing former CEO Ron Johnson. His strategy has brought consumer back to its retail stores. The retailer is aiming to “go forward” at its third stage of its turnaround after completing “immediate stabilization” and rebuilding” in the last 10 months….
For investors in NQ Mobile Inc (ADR) (NYSE:NQ), the Chinese mobile-service provider accused by short seller Carson Block of overstating revenue, this could be a make-or-break week.The result from the investigation led by law firm Shearman & Sterling LLP and auditor Deloitte & Touche Financial Advisory Services Ltd. will be the most definitive judgment so…
