Ossen Innovation Co., Ltd., a Chinese manufacturer of rare earth and zinc coated pre-stressed steel materials, has announced its first quarter results for FY-2015. The results shows Revenue of $26.8 Million down by -4.3% YoY, while EPS went up by 79.1% to $0.04. Quarterly Fiscal Highlights: Revenues went down to $26.8 Million from $28.0 Million fall by -4.5% Gross profit […]
Earnigns: Ossen Innovation Revenues Down $OSN Read More »
Chinese E-commerce Giant JD.com., is well set to make a new Joint Venture with US firm Zest Finance. The Surprise is a launch of a chinese consumer credit data system. The major bid is to compete with the rival service linked to the larger Alibaba Group Holding Ltd. This JV will use US Machinery technology
News: Zest and JD joins against Alibaba $JD Read More »
Baidu, Inc. , the leading Chinese language Internet search firm, has announced a Debt offering of $1.25 Billion Financing. The financing consists of US$750 million of 3.000% notes due 2020 and US$500 million of 4.125% notes due 2025. The joint book-runners of the offering are Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities LLC. View the
News: Baidu Inc. Debt Offering $BIDU Read More »
US Technology Giant Qualcomm Inc., came to an agreement with SMIC Semiconductor Manufacturing International Corporation SMIC, Huawei and Belgian firm Imec to create a Joint venture for advanced 14-nanometer chips. The JV will also help SMIC China to boost its Internationally technology, the firms also pays $975 million fine for the above JV. View the full
News: Qualcomm JV with SMIC for Nano Chips $QCOM Read More »
AirMedia Group., was 13% up a few minutes ago but now downs by -1.7%, prior tp the confirmation of selling its Ad Business for $338 Million. The deal presents the 75% Equity of the Ads business, payments will be done in two phases. View the full release here.
News: AirMedia Down Prior to Businees Sold $AMCN Read More »
