Renren Inc |
Chinese Facebook Company has listed today at NYSE with a ticker ( NYSE: RENN). Among the investors the demand is very strong for chinese companies plus this is the first social networking company to be listed publicly before the social network giant Facebook. Investors have given thumbs up to the listing and stock run 37% to $19.30 in few minutes of trade. It has touched $22.11 high and low $18. Investors should buy the stock for trading as well as short term investment purpose about a month as we think that it has more upside left before it start retreating.
Last week company has set a price band for IPO in the range of $12-$14. Read More
TAGS: Chinese Facebook,Renren Inc, China, NYSE, Stock market Listing, IPO, Price, Explode, High, Opportunity, Invest, Trade
Read all news and reports regarding RenRen Inc, Chinese facebook social networking company, its price targets and trading call See below links ValueClick Inc |
ValueClick Inc ( NASDAQ: VCLK ) quarterly performance improved and issues guidance above analyst's expectations as stock bounced 19 % to $19.30 in the morning trade. The stock look a value buy for investors and move is quite stronger with higher volumes. Stock might be a good investment opportunity as per our recommendations.
Highlights from the first quarter of 2011 results include:
Revenue of $116.5 million, up 22 percent from the first quarter of 2010 (Q1 2010)
Adjusted-EBITDA of $35.1 million, up 27 percent from Q1 2010
Adjusted-EBITDA margin of 30.1 percent versus 28.7 percent in Q1 2010
GAAP net income from continuing operations of $0.21 per diluted share, up 50 percent from Q1 2010.
Guidance for Q2:
ValueClick, Inc. announced that for the second quarter of 2011, it expects Revenue to be in the range of $120-$122 million, adjusted-EBITDA to be in the range of $34-$35 million, GAAP diluted net income per common share to be in the range of $0.19-$0.20 and Non-GAAP diluted net income per common share to be in the range of $0.25-$0.26. Second quarter 2011 non-GAAP and GAAP diluted net income per common share guidance assume stock-based compensation of $2.7 million, amortization of intangible assets of $6.0 million, interest and other income of $1.0 million, a 38% effective tax rate, and 80.0 million diluted shares outstanding. According to Reuters estimates analysts are expecting the Company to report revenue of $116 million and EPS of $0.19 for the second quarter of 2011.
Company also has acquired GreyStripe Inc, for 70 million cash on April 25th 2011.
Varian Semiconductor Equipment |
Reuters reported that Applied Materials, Inc. will buy Varian Semiconductor Equipment Associates, Inc. for $4.9 billion, as it looks to maintain its edge in new chipmaking technology to meet the rising demand from smartphone and solar equipment makers.
The $63 per share cash deal represents a 55% premium to Varian stock's closing price on Tuesday. Varian provides chipmakers with ion implantation gear for making integrated circuits, or chips, found in all modern electronic gadgets. It is a complex process of implanting ions around which the structure of the chip will eventually be built.
Las Vegas Sands Corp. |
Las Vegas Sands Corp ( NYSE: LVS ) reported a quarterly earnings which is a way below than analysts' expectations. It has reported a profit of 37 cents a share while the estimate was 43 cents a share. Share dropped more than 8 % in premarket trade:
The company said first-quarter adjusted earnings rose to $299.4 million, or 37 cents a share, from the year-ago period. Analysts polled by FactSet Research had expected earnings of 43 cents a share. Revenue climbed 58% to $2.11 billion from the year-ago period, and Wall Street had expected $2.1 billion.
After achieved targets, NIFTY started fall...Traders can short NIFTY now 5543-5553...
Take both side opportunities...!
Take both side opportunities...!
NIFTY Fut. Touched 5592 (enjoy and enjoy)
Real levels and real Performance on NIFTY and Stock and Future...!
Today, Yes My Subscribers long with BRGENERY on 505-507 and intraday targets 514-519
After closing or trading above 516 still 3 o'clock...then go for positional targets 528-544-578
After closing or trading above 516 still 3 o'clock...then go for positional targets 528-544-578
Nifty is strong bulls as per our level...!
Yes, and you know that we are long today on NIFTY Fut. from 5542...
Note: Suppose to trading 5555 above 10-15min...then long is good for 2-4 days of trading only
BUY BHEL 2022-2027 and Go for intraday tarfets 2057-2069 and positional 2083-2141 with stoploss of 2019.
BUY NIFTY 5532-5543 AND YOUR SL 5530 BELOW....GO FOR INTRADAY TARGET IN PANIC UP TO 5579-5600 AND POSITIONAL TARGETS 5655-5704 AFTER CLOSING ABOVE 5550
Osama bin Laden |
The filmmakers behind the war-on-terror drama "The Hurt Locker" planning to have a movie action thriller about the hunt of Osama bin Laden.
From a person close to the director Kathryn Bigelow and Screen writer Mark Boal, it was reaveled that as the leader of al-Qaeda has killed, it will more relevant to go with an idea. The as-yet-untitled film will center on the Black Ops pursuit of bin Laden, said the person, who spoke on condition of anonymity because the person was not authorized to talk about the project's status.
U.S. forces have hunted bin Laden since the Sept. 11 terrorist attacks nearly 10 years ago. A team of Navy SEALs shot and killed bin Laden early Monday at a compound in Pakistan.
"The Hurt Locker," which centered on a U.S. bomb-disposal unit in Iraq, won best picture at the Academy Awards last year and earned the best-directing Oscar for Bigelow, the first woman to receive that honor.
The film won a total of six Oscars, including the prize for original screenplay for Boal.
( Associated Press )
China and US flag |
U.S. Commerce Secretary Gary Locke accused Beijing on Wednesday of discouraging foreign investment to protect its own companies and promised to push against those barriers if confirmed as the next ambassador to China.
Locke, in the text of a speech for delivery at the Woodrow Wilson Center, said the United States saw Chinese investment as a "good thing" for American business and workers and only blocked it in a few cases for national security concerns.
"Unfortunately, that is not the case for American companies operating in China, where they are frequently shut out of entire industries, or they are forced to give up propriety information as a condition of operating in China," Locke said.
"This imbalance of opportunity is a major barrier to continued improvement of the United States and China's commercial relationship. And it is part of a broader trend of China recently narrowing its commercial environment after a long and fruitful period of opening."
The tough words came one week before U.S. Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton will host senior Chinese officials for the annual U.S.-China Strategic and Economic Dialogue.
Geithner on Tuesday urged Beijing to move more swiftly to a market-oriented exchange rate, while acknowledging some progress on that front.
Geithner also pressed China to stop favoring its state-owned enterprises by keeping their borrowing costs low, warning of a protectionist backlash from the United States if it does not.
In the run-up to next week's high-level talks, American companies have raised concerns about the commercial environment in China, especially what they see as unfair advantages given to state-owned enterprises, many of which are becoming powerful players in world trade.
President Barack Obama has nominated Locke, a former Washington state governor as the next ambassador to China.
If confirmed by the Senate, he would replace Jon Huntsman, a former Utah governor who left Beijing at the end of April and is considering a possible run for the presidency.
Locke said China's often opaque government regulations and poor enforcement of patents and other intellectual property rights indirectly discouraged foreign investment.
"But China has also pursued policies that make investment by foreign companies especially challenging," he said.
Those include "indigenous innovation policies that shut foreign companies entirely out of industries or make unacceptable technology transfer provisions a condition of operating in China," Locke said.
He said Chinese officials pledged at past high-level forums in 2009 and 2010 to lift foreign investment prohibitions on many industries in which U.S. firms are world leaders.
But China's recently revised "Foreign Investment Catalogue falls far short of that promise," Locke said.
( Reuters)