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Bank Of America Upgrades Acacia, China Outlook 'More Positive'
Monday, May 6, 2019 - 11:13am | 300Read More...Bank of America's bearish stance on Acacia Communications, Inc. (NASDAQ: ACIA) can no longer be justified as the company faces multiple positive catalysts ahead. The Analyst Bank of America's Tal Liani upgraded Acacia from Underperform to Neutral with a price target lifted from $40 to $64....
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NeoPhotonics Analyst Breaks Down Chinese, US Demand Trends After Q1 Print
Friday, May 3, 2019 - 10:34am | 464Read More...NeoPhotonics Corp (NYSE: NPTN) reported first-quarter revenue in-line with the consensus estimate Thursday, while missing expectations on the EPS front. With its 400G product expected to ramp only in 2020, the company is unlikely to deliver any meaningful revenue acceleration in the second...
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China Telecom Announces Resignation Of CEO, Notes 'No Other Matter' Should Be Brought To The Attention Of Shareholders
Wednesday, December 30, 2015 - 10:05am | 153Read More...Shares of China Telecom Corporation Limited (ADR) (NYSE: CHA) were trading lower by 0.57 percent Wednesday morning after the company announced the resignation of its CEO, executive director, and chairman Chang Xiaobing. Xiaobing has been the subject of an investigation by China's Central...
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China 3G/4G Subscribers Grew 39% Last Month: Here's What It Means
Tuesday, July 21, 2015 - 10:47am | 356Read More...In a report published Monday, Cantor Fitzgerald analyst Brian White commented on newly released statistics for the month of June showing that 3G and 4G mobile subscriber growth in China grew 39 percent year-over-year. White continued that China Mobile Ltd. (ADR) (NYSE: CHL)'s 4G users...
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Alibaba, China Telecom Unveils Mobile Phones For Rural Users
Friday, April 24, 2015 - 9:36am | 285Read More...Alibaba Group Holding Ltd (NYSE: BABA) and China Telecom Corporation Limted (NYSE: CHA) jointly announced on Friday they will begin selling inexpensive mobile phones with software developed for online shopping to spread e-commerce access to China's less affluent and rural population, according to...
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Broadcom: Expect Softening Performance Metrics In 2015, But Company Is Still Well Positioned In The Market
Friday, March 27, 2015 - 11:17am | 253Read More...In a report issued Friday, Tigress Financial's Chief Investment Officer Ivan Feinseth downgraded shares of Broadcom Corporation (NASDAQ: BRCM) from Strong Buy to Buy. He explained that, while the company is "in a great position to benefit from the expansion of China's LTE network and increasing...
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China's Economic Overhaul: William Blair Analysts Weigh In
Thursday, January 8, 2015 - 8:22am | 404Read More...A recent report by William Blair focused on global growth under deflationary economic conditions. In the report, analysts took an in-depth look at the massive restructuring process underway in the largest emerging market economy in the world: China. The modern Chinese economy looks nothing like...
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Markets Rally On Fed Minutes, Alcoa Kicks Off Earnings Season With Strong Beat
Wednesday, October 8, 2014 - 4:14pm | 2148Read More...U.S. stocks rallied after the 2:00 PM release of the Fed's September minutes, which revealed that committee members continue to debate over the timing and language of a rate hike. Several officials questioned their guidance if short-term rates were likely to stay low for a “...
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Markets Mostly Higher Despite Initial Negative Reaction From FOMC Minutes
Wednesday, August 20, 2014 - 4:31pm | 2792Read More...U.S. stocks were mostly higher as the S&P 500 and Dow continue trading near historical all-time highs. The S&P 500 briefly dipped into negative territory immediately following the Federal Reserves's minutes while the Dow trading lower but stayed in positive territory. The NASDAQ...
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Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 3:46pm | 3092Read More...U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
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Apple iPhone Event Preview: What We Know, What We Don't And What We Hope Will Come True (AAPL)
Tuesday, September 10, 2013 - 10:45am | 1098Read More...Apple (NASDAQ: AAPL) is only hours away from unveiling…something. No one knows for sure what will be introduced today. The whole world seems to be convinced that the Cupertino, California-based tech giant will unveil the next-generation iPhone. If history repeats itself (doesn't it always?),...
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Did China Mobile Just Secure Apple's iPhone 5C?
Saturday, September 7, 2013 - 2:27pm | 455Read More...Apple's (NASDAQ: AAPL) might be headed to China Mobile. In addition to China Telecom (NYSE: CHA) and China Unicom (NYSE: CHU), Apple is largely expected to sign a deal with China Mobile (NYSE: CHL). That latter deal was thought to be held up by the iPhone's high subsidies. More often than not,...
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iPhone 5S Could Hit China Telecom, China Unicom On September 20 (AAPL, CHL, CHU)
Thursday, September 5, 2013 - 3:17pm | 493Read More...China Telecom (NYSE: CHA) and China Unicom (NYSE: CHU) could be the first Chinese carriers to offer the next-generation iPhone. Apple's (NASDAQ: AAPL) long-awaited upgrade is rumored to be called the iPhone 5S. The company's low-end, low-cost smartphone -- the unconfirmed iPhone 5C -- is expected...
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Seven Dividend-Paying Tech Stocks Analysts Are Bullish On
Saturday, August 3, 2013 - 8:13am | 845Read More...Markets have been hitting new highs and the unemployment rate has ticked down. Despite the uncertainty about when the Fed's quantitative easing will end, the slowdown of the Chinese economy and the ongoing economic troubles in Europe, analysts are still optimistic about certain stocks. Here is a...
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China Telecom, STMicroelectronics and Other Tech Stocks Analysts Are Bullish On (CHA, STM)
Saturday, July 6, 2013 - 12:29pm | 815Read More...Despite the uncertainty about the end of the Fed's quantitative easing, the slowdown of the Chinese economy and the ongoing economic difficulties in Europe, analysts are still optimistic about certain stocks. Here is a quick look some dividend payers in the technology sector that have a consensus...
