Chinese online game developer Shanda Games Ltd. (ADR) (NASDAQ:GAME) said its board created a special committee of independent directors to evaluate a “go private” proposal for the company. Shanda Games Limited (ADR) (NASDAQ:GAME) stock opened at $6.53 in last session, and closed at $6.57, while the day range of GAME stock is $6.53 – $6.61. The stock showed a positive weekly performance of 1.86%.
The9 Limited (ADR) (NASDAQ:NCTY) has announced that one of its subsidiary Red 5 Studios has entered into a mutual agreement with Shanghai Oriental Perl Culture development company. The9 Limited (ADR) (NASDAQ:NCTY) stock opened at $2.25, in last session and closed at $2.49, by gaining 13.80%. The 52 week range of NCTY is $2.08 – $4.50. Company’s market capitalization is $56.85million.
Novatel Wireless, Inc. (NASDAQ:NVTL), a leading provider of intelligent wireless solutions, announced that it has received purchase orders totaling approximately $7 million and has also executed a supply agreement with an initial order quantity totaling $8.2 million to provide M2M solutions to a range of customers spanning the after-market telematics, commercial telematics and Remote Management and Control (RMAC) markets. Novatel Wireless Inc (NASDAQ:NVTL) stock advanced 1.98% and finished the last session at $2.58. The EPS of the stock remained -1.10. Company’s market capitalization is $87.92million.
Outerwall Inc (NASDAQ:OUTR) on Friday announced its plan to purchase USD350m of the company’s common stock through a modified ‘Dutch auction’ tender offer, that commenced on 7 February 2014. Outerwall Inc (NASDAQ:OUTR) stock opened the session at $72.54, and closed the session at $71.89. The 52 week range of the OUTR stock remained $46.25 – $73.50 and the day range was $71.56 – $72.74.