China's Recent IPOs Are Wild, But Maybe Worth The Ride
at Investor's Business Daily - Tue Apr 01, 4:30PM CDT
For anyone keeping track, almost 50 companies went public on China's Shanghai and Shenzhen stock exchanges in the first quarter. Many Chinese companies have also looked further afield, most notably in the recent decision of China's online marketplace...
500.com Limited Enters into Strategic Cooperation Agreement with Yhd.com
PR Newswire - Thu Mar 27, 8:45PM CDT
500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), a leading online sports lottery service provider in China, today announced that it has signed a strategic cooperation agreement with Yhd.com, a leading B2C e-commerce platform for food, beverages and imported food products in China which is owned by Wal-Mart Group, to begin offering the Company's sports lottery products through Yhd.com's extensive e-commerce platform.
500.com Limited Files Annual Report on Form 20-F for Fiscal Year 2013
PR Newswire - Thu Mar 27, 8:45PM CDT
500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), a leading online sports lottery service provider in China, today announced that it has filed the Company's annual report on Form 20-F for the fiscal year ended December 31, 2013 with the U.S. Securities and Exchange Commission ("SEC") on March 26, 2014. The annual report on Form 20-F, which contains its audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as via the Company's investor relations website at http://ir.500.com.
Stocks Push Off Session Lows; Ubiquiti Rebounds
at Investor's Business Daily - Thu Mar 27, 12:35PM CDT
Stocks remained lower but pushed off their worst levels Thursday afternoon. The Nasdaq pared a 1% deficit to 0.3% and the S&P 500 shaved a 0.6% loss to 0.1%. Meanwhile, the Dow Jones industrial average rose fractionally. Volume was tracking higher...
Why 500.com (WBAI) Is Slipping Today
at The Street - Thu Mar 27, 12:23PM CDT
Online sports lottery company 500.com Limited (WBAI) is tumbling on Thursday after announcing its offering of convertible debt and depositary shares.
500.com Limited Announces Proposed Offerings of Convertible Senior Notes and American Depositary Shares
PR Newswire - Wed Mar 26, 7:00PM CDT
500.com Limited ("500.com" or the "Company") (NYSE: WBAI), today announced that it has filed registration statements with the U.S. Securities and Exchange Commission (the "SEC") with regard to (i) a proposed underwritten public offering by the Company and certain shareholders of the Company of American Depositary Shares, each representing 10 Class A ordinary shares, par value $0.00005 per share, of the Company (the "ADSs"), and (ii) a proposed underwritten public offering by the Company of its convertible senior notes (the "Notes").
Stocks Quiet Ahead Of Fed; 500.com, Altisource Climb
at Investor's Business Daily - Wed Mar 19, 12:26PM CDT
Stocks were mixed and mostly unchanged early Wednesday afternoon ahead of the Federal Reserve's policy statement at 2 p.m. ET. The Nasdaq eased less than 0.1%, while the S&P 500 and the Dow Jones industrial average rose fractionally. Volume was...
Stocks Extend Gains In Late Afternoon; 500.com Jumps
at Investor's Business Daily - Tue Mar 18, 3:46PM CDT
Stocks were hitting new intraday highs late Tuesday afternoon following Russian President Vladimir Putin's promise that Russia wouldn't seize more of Ukraine's territory. The Nasdaq rallied 1.2%, the S&P 500 climbed 0.7% and the Dow Jones industrial...
Stocks Rise For Second Day; Antero Breaks Out
at Investor's Business Daily - Tue Mar 18, 3:22PM CDT
Stocks put in a second straight day of gains Tuesday after Russian President Vladimir Putin pledged not to take more of Ukraine's territory. The Nasdaq ramped up 1.2%, thanks to strength in solar, biotech and chip stocks. The S&P 500 and the Dow...
Quarterly Changes to the NASDAQ Internet Index
GlobeNewswire - Mon Mar 17, 6:40AM CDT
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the quarterly re-ranking of the NASDAQ Internet Index (Nasdaq:QNET), which will become effective prior to market open on Monday, March 24, 2014.
Annual Changes to the NASDAQ OMX China Technology Index
GlobeNewswire - Mon Mar 17, 6:40AM CDT
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the semi-annual evaluation of the NASDAQ OMX China Technology Index (Nasdaq:CHXN9000), which will become effective prior to market open on Monday, March 24, 2014.
Stocks Mixed As Rebound Weakens; Skyworks Gains
at Investor's Business Daily - Wed Mar 12, 12:24PM CDT
Stocks turned mixed Wednesday afternoon after comeback efforts weakened. Only the tech-heavy Nasdaq continued to hold a modest gain. The Nasdaq rose 0.2%, helped by fiber optics and software issues. Meanwhile, the Dow Jones industrial average and the...
Major Indexes Give Up Early Gains; Jazz, 58.com Rise
at Investor's Business Daily - Fri Mar 07, 11:12AM CST
The major averages gave up their early gains and were near session lows in midday trading Friday as investors digested employment data. The Nasdaq was down 0.4% and the S&P 500 fell fractionally. The Dow industrials edged 0.2% higher. Volume was...
Stocks Holding Gains Midday; Chinese Stocks Rally
at Investor's Business Daily - Thu Mar 06, 11:09AM CST
Major averages continued to hold near session highs in midday trading in the stock market today, as bullish weekly jobless claims data helped offset a downward revision in fourth-quarter productivity estimates. The Dow was up 0.5%, the S&P 500 gained...
Stocks Down Hard But Up Slightly From Session Lows
at Investor's Business Daily - Mon Mar 03, 12:33PM CST
Stocks were off intraday lows but still down hard in afternoon trading as Russia's military action in Ukraine's Crimea region continued to stoke geopolitical fears. The Nasdaq was down 1.2%, the Dow 1.1% and the S&P 500 0.9%. Volume was mixed, with...
Chinese IP0s Return To The Limelight
at Investor's Business Daily - Fri Feb 28, 4:35PM CST
Selected Chinese IPOs are showing up with increasing frequency in the Stock Spotlight. Many have outstanding fundamentals, but they carry lots of extra risk. It's best to be selective and stick with issues that have lots of trading volume and quality...
4 Big-Volume Stocks Trading Higher
at The Street - Mon Feb 24, 8:16AM CST
Often when above-average volume moves into an equity, it precedes a large spike in volatility.
Stocks Ease From Session Highs; Akorn Breaks Out
at Investor's Business Daily - Fri Feb 21, 12:28PM CST
Stocks remained higher Friday afternoon, but they have come off their best levels of the session. The Nasdaq and the S&P 500 were up 0.2% each. They had been up as much as 0.4% and 0.3%, respectively. Meanwhile, the Dow Jones industrial average edged...
500.com Limited Reports Fourth Quarter and Full Year 2013 Financial Results
PR Newswire - Fri Feb 21, 5:55AM CST
500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), a leading online sports lottery service provider in China, today reported its unaudited financial results for the full year and fourth quarter ended December 31, 2013.
500.com Winning Share In China's Sports Lottery Arena
at Investor's Business Daily - Wed Feb 19, 12:55PM CST
China's lottery fans still mostly play the old-fashioned way -- through agents at brick-and-mortar locations. Only 6% of the country's $42 billion-plus lottery market is conducted online. But the online lottery market has been catching on. And...