Latest Camelot Information Systems (CIS) Headlines
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Camelot Information Systems Inc. Announces Extraordinary General Meeting of Shareholders
PR Newswire - Mon Feb 24, 3:00PM CST
Camelot Information Systems Inc. (NYSE: CIS) ("Camelot" or the "Company"), a leading domestic provider of enterprise application services and financial industry information technology services in China, today announced that it would call an extraordinary general meeting of shareholders (the "EGM") to be held at 10:00 a.m. on March 25, 2014 (Beijing Time). The meeting will be held at the Company's office at Beijing Publishing House, A6 North Third Ring Road, Xicheng District, Beijing, the People's Republic of China, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger dated as of September 18, 2013 (the "Merger Agreement"), by and among the Company, Camelot Employee Scheme Inc. and Camelot Employee SubMerger Scheme INC. ("Merger Sub"), the plan of merger and the transactions contemplated by the Merger Agreement.
GTT Communications (GTT) in Focus: Stock Up 9.4% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Jan 21, 8:04AM CST
GTT Communications, Inc. was a big mover last session, as the company saw its shares rise by over 9% on the day.
Infosys Upped to Outperform - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 20, 4:05PM CST
On Jan 17, we upgraded Infosys Ltd. to Outperform from Neutral driven by its impressive third-quarter fiscal 2014 results.
Redfin Names the Real Estate Neighborhoods to Watch in 2014
PR Newswire - Tue Jan 14, 8:00AM CST
Redfin (www.redfin.com), the technology-powered brokerage, today announced its annual list of the hottest neighborhoods across the country. To rank the neighborhoods that have grown the most in popularity leading into 2014, the company analyzed hundreds of millions of pages its website users visited and homes they added as Favorites to monitor for price changes or sales. The analysis also takes into account insights from Redfin real estate agents who specialize in neighborhoods across 21 major U.S. cities.
Camelot Information Systems Inc. Announces Unaudited Third Quarter 2013 Financial Results
PR Newswire - Mon Nov 25, 6:00AM CST
Camelot Information Systems Inc. (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry IT services in China ("Camelot" or the "Company"), today announced unaudited financial results for the third quarter ended September 30, 2013.
Camelot Information Systems Schedules Third-Quarter 2013 Earnings Conference Call on Monday, November 25, 2013
PR Newswire - Wed Nov 20, 7:00AM CST
Camelot Information Systems Inc. ("Camelot" or the "Company") (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry information technology services in China, today announced that it will release unaudited financial results for the third quarter of 2013 on Monday, November 25, 2013, before the U.S. market opens.
5 Stocks Under $10 in Breakout Territory
at The Street - Wed Oct 16, 7:28AM CDT
Camelot Information Systems Inc. Enters Into a Merger Agreement for a "Going Private" Transaction
PR Newswire - Wed Sep 18, 5:00AM CDT
Camelot Information Systems Inc. (NYSE: CIS) ("Camelot" or the "Company"), a leading domestic provider of enterprise application services and financial industry information technology services in China, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Camelot Employee Scheme Inc. ("Parent"), a limited liability company incorporated under the laws of the British Virgin Islands (the "BVI") and wholly owned by Mr. Simon Yiming Ma ("Mr. Ma"), the Company's Chairman and Chief Executive Officer, and Camelot Employee SubMerger Scheme INC. ("Merger Sub"), a limited liability company incorporated under the laws of the BVI and a wholly owned subsidiary of Parent, pursuant to which Parent will acquire the Company for US$0.5125 per ordinary share of the Company (a "Share") or US$2.05 per American Depositary Shares, each representing four (4) Shares (an "ADS"). This represents a 36.7% premium over the closing price of US$1.50 per ADS as quoted by the New York Stock Exchange (the "NYSE") on March 11, 2013, the last trading day prior to the Company's announcement on March 12, 2013 that it had received a "going private" proposal, and a 41.3% premium over the volume-weighted average closing price of the Company's ADSs during the 30 trading days prior to March 12, 2013. The consideration to be paid to holders of Shares and ADSs implies an equity value for the Company of approximately US$98.2 million, on a fully diluted basis.
Camelot Information Systems Inc. Announces Unaudited Second Quarter 2013 Financial Results
PR Newswire - Thu Aug 22, 7:02AM CDT
Camelot Information Systems Inc. (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry IT services in China ("Camelot" or the "Company"), today announced unaudited financial results for the second quarter ended June 30, 2013.
Camelot Information Systems Schedules Second-Quarter 2013 Earnings Conference Call on Thursday, August 22, 2013
PR Newswire - Fri Aug 09, 7:32AM CDT
Camelot Information Systems Inc. ("Camelot" or the "Company") (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry information technology services in China, today announced that it will release unaudited financial results for the second quarter of 2013 on Thursday, August 22, 2013, before the U.S. market opens.
Camelot Information Systems Inc. Announces Unaudited First-Quarter 2013 Financial Results
PR Newswire - Mon Jun 10, 6:31AM CDT
Camelot Information Systems Inc. ("Camelot" or the "Company") (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry IT services in China, today announced unaudited financial results for the first quarter ended March 31, 2013.
Camelot Information Systems Schedules First-Quarter 2013 Earnings Conference Call on Monday, June 10, 2013
PR Newswire - Mon Jun 03, 6:00AM CDT
Camelot Information Systems Inc. ("Camelot" or the "Company") (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry information technology services in China, today announced that it will release unaudited financial results for the first quarter of 2013 on Monday, June 10, 2013, before the U.S. market opens.
Camelot Information Systems Inc. Announces Filing of 2012 Annual Report on Form 20-F
PR Newswire - Mon Apr 29, 4:08PM CDT
Camelot Information Systems Inc. ("Camelot" or the "Company") (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry information technology services in China, today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for the year ended December 31, 2012 with the Securities and Exchange Commission (the "SEC") on April 29, 2013 (U.S. Eastern Daylight Time). The annual report is available on the Company's website at http://www.camelotchina.com/en/ir-index.htm?mod=filings or on the SEC's website at www.sec.gov. Holders of the Company's securities may request a hard copy of the Company's annual report free of charge according to the instructions provided on the Company's website.
Camelot Information Systems Inc. Announces Unaudited Fourth-Quarter and Full-Year 2012 Financial Results
PR Newswire - Fri Apr 26, 8:57AM CDT
Camelot Information Systems Inc. ("Camelot" or the "Company") (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry IT services in China, today announced unaudited financial results for the fourth quarter and year ended December 31, 2012.
Unisys' Earnings Plummet with Frugal Revenues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 24, 10:00AM CDT
Unisys reported dismal first quarter 2013 results with a loss of $33.9 million or 77 cents per share compared to a net income of $13.4 million or 30 cents per share in the year-earlier quarter.
Camelot Information Systems Schedules Fourth-Quarter and Full-Year 2012 Earnings Conference Call on Friday, April 26, 2013
PR Newswire - Fri Apr 12, 7:00AM CDT
Camelot Information Systems Inc. ("Camelot" or the "Company") (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry information technology services in China, today announced that it will release unaudited financial results for the fourth quarter and full-year 2012 on Friday, April 26, 2013, before the U.S. market opens.
Cabela Inc. Hits New 52-wk High on Optimistic Q1 Outlook. Futures Showing Signs Of A Slight Pull Back
PR Newswire Europe - Wed Mar 13, 9:01AM CDT
NEW YORK, March 13, 2013 /PRNewswire/ --
Camelot Information gets buyout offer from CEO
AP - Tue Mar 12, 2:46PM CDT
NEW YORK (AP) — Shares of Camelot Information Systems Inc. jumped more than 11 percent Tuesday on news that a group that includes its CEO and other executives has offered to buy the Chinese information technology company and take it private.
Camelot Information Systems Inc. Announces Receipt of "Going Private" Proposal at US$1.85 Per ADS
PR Newswire - Tue Mar 12, 6:30AM CDT
Camelot Information Systems Inc. ("Camelot" or the "Company") (NYSE: CIS), a leading domestic provider of enterprise application services and financial industry information technology services in China, today announced that its Board of Directors has received a preliminary non-binding proposal letter dated March 12, 2013 from its Chairman and Chief Executive Officer, Mr. Simon Yiming Ma ("Mr. Ma"), its President, Ms. Heidi Chou ("Ms. Chou"), and its Executive Vice President and the Chief Executive Officer of CFITS, a subsidiary of the Company, Mr. Yuhui Wang (together with Mr. Ma and Ms. Chou, the "Buyer Group"), to acquire all of the outstanding shares of the Company not currently owned by the Buyer Group and their respective affiliates and certain other management members of the Company who may choose to join the Buyer Group in a going private transaction for US$1.85 per American Depositary Share ("ADS", each ADS representing 4 ordinary shares of the Company) in cash, subject to certain conditions.