May 21, 2015 08:37 ET | Source:CNinsure Inc.GUANGZHOU, China, May 21, 2015 (GLOBE NEWSWIRE) — CNinsure Inc. (Nasdaq:CISG) (the “Company” or “CNinsure”), a leading independent online-to-offline financial services provider operating in China, in light of the recent volatility of its stock price, today announced that it is not aware of any material non-public information that would account for such unusual […]
NEW YORK (AP) — U.S. stocks are drifting mostly lower in midday trading as the market comes off its latest record high.Energy stocks fell the most early Tuesday as the price of oil dropped.The Standard & Poor’s 500 was unchanged at 2,129 as of 11:45 a.m. Eastern time Tuesday.The Nasdaq composite fell seven points, or 0.1 percent, to 5,070. The […]
NEW YORK (AP) — The stock market slipped back from its latest record high in a listless day of trading Tuesday. Oil companies and drillers tugged major indexes down as the price of crude oil dropped for a fifth day straight.Wal-Mart Stores fell after reporting weak sales and a drop in quarterly earnings, a result of raises for workers and […]
SEOUL, South Korea (AP) — Asian stocks were mostly higher Wednesday as a rebound in U.S. home construction data and a surprise announcement by the European Central Bank to frontload bond buying sent the greenback higher, giving a boost to Asian exporters.KEEPING SCORE: Japan’s Nikkei 225 rose 0.7 percent to 20,170.51 and South Korea’s Kospi gained 0.6 percent to 2,133.31. […]
A copyright lawsuit has finally stopped the crazy stock market streak of Beijing Baofeng Technology – Quartz
For whom the bell tolls.(Reuters/Stringer)
SHAREWritten bySteve MollmanObsessionChina’s TransitionMay 15, 2015It had to end eventually. News of a copyright dispute has broken the breathtaking post-IPO rise (paywall) in the share price of Beijing Baofeng Technology, which offers online videos, a media player, and a low-price […]
Traders work on the floor of the New York Stock Exchange April 30, 2015.Reuters/Brendan McDermidTraders work on the floor of the New York Stock Exchange April 30, 2015.Reuters/Brendan McDermid n”>(Reuters) – U.S. stocks, led by the Nasdaq, sold off on Thursday as Apple shares declined, and tech and biotech quarterly results disappointed.Upbeat economic reports added to uncertainty about the outlook […]
Traders work on the floor of the New York Stock Exchange shortly after the opening bell April 27, 2015.Reuters/Lucas Jackson n”>(Reuters) – Wall Street was lower in midday trading on Thursday as Apple (AAPL.O) weighed on major indexes and investors digested a mixed batch of economic data.All the 10 major S&P sectors were down, with the technology index retreating .SPLRCT […]
Twitter’s stock dropped $8bn in a single day, all thanks to a tweet.Investors were rattled by the early disclosure of unexpectedly low revenues, exposed before the close of trading by Selerity, a service that scours the web looking for investment information.”We inadvertently released an early version of [Twitter’s] earnings,” Nasdaq admitted to the BBC. “We are investigating the root cause.”Normally, […]
NEW YORK (Reuters) – Wall Street shares fell on Monday, dragged lower by biotech and healthcare stocks, while European shares and the euro advanced on optimism over talks between Greece and its lenders after Greece reshuffled its negotiating team.The Nasdaq Biotech Index .NBI and the S&P Healthcare index .SPXHC posted their biggest daily percentage losses in about a month, after […]
The complaint alleges that Sarao “used an automated trading program to manipulate the market for E-Mini S&P 500 futures contracts (E-Minis) on the Chicago Mercantile Exchange (CME),” according to the DOJ.By manipulating these futures tied to the Standard & Poor’s 500 Index, Sarao allegedly “earned him significant profits and contributed to a major drop in the U.S. stock market on […]
