Home

USD

Raise a Glass to BORN

Submitted by chinastock on Thu, 07/29/2010 - 11:18
Posted in

China New Borun Corp. poised for further growth and margin expansion

By Dan France, GeoTeam Contributor

Unfortunate Timing for IPO

Read more »

Owens-Illinois shares down 6% on earnings

Submitted by chinastock on Thu, 07/29/2010 - 11:00
Posted in

NEW YORK (MarketWatch) -- Shares of Owens-Illinois fell 5.7% on Thursday, a day after the glass-container manufacturer said after the bell Wednesday that quarterly profit declined 5.5% to $141.1 million, or 85 cents a share. The company said favorable demand in South America and China was offset by sluggish improvement across North America and Europe, while unfavorable foreign currency translation hurt operating profit by $17 million. Adjusted earnings were 90 cents a share, while analysts surveyed by FactSet had expected earnings of 93 cents a share.

Radient Reveals New Divestiture Plan for China Subsidiary

Submitted by chinastock on Thu, 07/29/2010 - 10:10
Posted in

ChinaBio Today submits:

Radient Pharmaceuticals Corporation (AMEX: RPC) announced a new plan to sell its China subsidiary, Jade Pharmaceuticals Inc. Jade has signed a letter of intent to merge with Shanxi BaoTai Pharmaceutical Co., a privately owned company located in Taiyuan China.

Read more »

AsiaInfo Tumbles 20% following 2010 Q2

Submitted by chinastock on Thu, 07/29/2010 - 09:20
Posted in

July 29, 2010 (Chinavestor) Shares of AsiaInfo Holdings (NASDAQ:ASIA)fell 23 percent in the first hour of trading on Thursday, following the release of 2010 second quarter earnings. The company reported in-line top line growth but missed EPS target of $.36 by 7 cents. The tumble came on the heel of numerous favorable statements from various sources.


Read more »

Korea Firm Courts Harrah’s for Cambodia Angkor Casino

Submitted by chinastock on Thu, 07/29/2010 - 09:09
Posted in

South Korean developer Intercity Group plans to start construction in October on a $400 million casino resort complex near Cambodia’s Angkor Wat temples that aims to draw high rollers from Macau and Singapore.

Gulf Resources Q2 Revenue Preview: An Opportunity to Beat Consensus

Submitted by chinastock on Thu, 07/29/2010 - 09:05
Posted in

Jason Nevader submits:

Gulf Resources (GFRE) will be reporting second quarter results in a little less than two weeks and the consensus analyst estimate of $36.97 million in revenues does not take into consideration Gulf's seasonal sales trends and bromine price increases. By my estimate, revenues could be $46.0 million in the quarter.

Read more »

Morgan Stanley Investor Sells $132.8M

Submitted by chinastock on Thu, 07/29/2010 - 08:42
Posted in

China Investment Corp. sells 4.9 million shares.

U.S. Strong Earnings Beats Recap, July 29, 2010

Submitted by chinastock on Thu, 07/29/2010 - 08:25
Posted in

Below is a recap of some latest U.S. company strong earnings beats compared to estimates and prior period, with links to their commentaries. Note: This list may be updated throughout the day, up to and including the guidance comments!


Strong Earnings Beats for Some U.S. Companies

Read more »

China’s Sashimi Appetite Helps Cathay Pacific Fill Cargo Holds

Submitted by chinastock on Thu, 07/29/2010 - 07:21
Posted in

Xin Jing spends about 200 yuan ($30) on Japanese sashimi each time she visits City’super’s grocery store in Shanghai. Her appetite is helping fill cargo planes bound for China, boosting profit at Cathay Pacific Airways Ltd.

Chinese Firm Buying Into Rio Iron Mine In Guinea

Submitted by chinastock on Thu, 07/29/2010 - 04:39
Posted in

China's Chinalco investing $1.4 billion for stake in Rio Tinto iron mine in Guinea

Syndicate content