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500.com Ltd. is supposed to be the lottery stock investment for China. It turns out that it has been a losing ticket in March, and a secondary offering is only adding insult to injury.
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When 58.com launched its initial public offering last October, shares rose by 50% on the first day of trading and have continued to rise pretty much ever since. That means only one thing these days:...
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Nu Skin Enterprises shares surged on Monday on news that the fine in China will be far less than many investors were worried about, a mere $540,000 for its sales and marketing practices in China.
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ThinkstockFor weeks, people who follow copper and the stocks of copper producers have been wringing their hands as prices have slipped ever lower, finally hitting a 44-month low Wednesday morning....
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Ford Motor Co.General Motors Co. (NYSE: GM) announced on Wednesday that it plans to have annual production of its Ecotec small-displacement engines ramped up to 2.5 million a year by 2017. How small?...
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Apple announced Tuesday that it would cut the price on its 9.7-inch iPad, but it did not announce that it was also lowering the price of its iPhone 5c in some markets. The change was made on the...
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Russian billionaire Alisher Usmanov reportedly has sold shares in Apple and Facebook to focus on Alibaba and other tech investments in China. He also may expand his stakes in Russian assets.
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JA Solar Holdings reported its first positive quarterly earnings in more than two years Monday morning to become the latest solar energy company to draw a line under the recovery of the solar...
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Shares of Yahoo! and Sina Corp. got a nice boost Monday morning from the weekend's reports that China's e-commerce behemoth Alibaba has filed for a U.S. initial public offering. It is seeking to...
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About all that Kandi Technologies has in common with that other electric car maker -- Tesla Motors -- is that both companies use lithium ion batteries and both have seen their stock prices soar in...
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Not surprisingly, when consumers in five emerging market countries were asked to name pick their choice of connected devices, Apple came out on top. Samsung continues to lead in sales however.
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ThinkstockThe People’s Bank of China on Saturday expanded the trading band on the price it fixes for renminbi. Beginning Monday, the currency trading band is being doubled, from 1% to 2% on either...
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Courtesy Alibaba GroupTwo of the most anticipated initial public offerings (IPOs) in 2014 are coming from Chinese Internet companies, and both appear headed for U.S. listings. Weibo Corp. on Friday...
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ThinkstockThe contract price for iron ore delivered to China fell 8.3% on Monday to an 18-month low of $104.70 per metric ton (tonne). That is the second-largest one-day fall on record. The collapse...
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ThinkstockThe weekend report that Chinese exports fell by 18.1% in February had a definite impact on equities trading in Asia overnight. Commodities also took their lumps, and the one getting beaten...
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