Tag: Quicksilver Resources

  • Investor’s Alert: E Commerce China Dangdang (NYSE:DANG), Globalstar (NYSEMKT:GSAT), Quicksilver Resources (NYSE:KWK), China Ming Yang (NYSE:MY), Daimler (OTCMKTS: DDAIF)

    E Commerce China Dangdang Inc (ADR) (NYSE:DANG) reports the total revenue for the Q1 of FY2014 as $279.2 million, which has increased 30.1% YoY. The revenue from media products amounted to $185.3 million, thereby reporting a 33.3% increase YoY. The revenue from general merchandise equaled $83.1 million, which increased by 25.5% YoY. Revenue generated from third party merchants amounted to $10.9 million, showing a 16% YoY increase. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) net profit margin is -1.00% and weekly performance is 14.96%. On last trading day company shares ended up $12.83. Analysts mean target price for the company is $12.42. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) distance from 50-day simple moving average (SMA50) is 14.85%.

    On 9 JUNE Globalstar, Inc. (NYSEMKT: GSAT) announced the launch of its pre-paid satellite telephony service. Globalstar, Inc. (NYSEMKT: GSAT) ended the day on $4.10. GSAT Gross Margin is 41.40% and its return on assets is -59.50%.

    On 10 JUNE Quicksilver Resources Inc (NYSE:KWK) reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.02. The company had revenue of $91.79 million for the quarter, compared to the consensus estimate of $105.26 million. During the same quarter in the previous year, the company posted ($0.04) earnings per share. The company’s revenue for the quarter was up NaN% on a year-over-year basis. On average, analysts predict that Quicksilver Resources will post $-0.30 earnings per share for the current fiscal year. Quicksilver Resources Inc (NYSE:KWK) shares moved up 8.79% in last trading session and was closed at $2.60, while trading in range of $2.38 – $2.65. Quicksilver Resources Inc (NYSE:KWK) year to date (YTD) performance is -15.31%.

    On 22 MAY China Ming Yang Wind Power Group Ltd (NYSE:MY) announced its unaudited financial results for the first quarter ended March 31, 2014. Total revenue was RMB1, 224.0 million (US$196.9 million), an increase of 52.0% compared to RMB805.4 million in Q1 2013. Gross profit was RMB192.0 million (US$30.9 million), compared to RMB89.7 million in Q1 2013. Gross margin was 15.7%, an increase of 4.6 percentage points compared to 11.1% in Q1 2013. Total comprehensive income was RMB185.8 million (US$29.9 million), compared to that of RMB4.5 million in Q1 2013. China Ming Yang Wind Power Group Ltd (NYSE:MY) ended the last trading day at $3.74. Company weekly volatility is calculated as 5.33% and price to cash ratio as 2.71. China Ming Yang Wind Power Group Ltd (NYSE:MY) showed a positive weekly performance of 4.47%.

    On 27 MAY Daimler AG (USA) (OTCMKTS: DDAIF) has renewed its approval of two leading Axalta Coating Systems global refinish brands – Spies Hecker® and Standox® – as car paint brands that are authorized for use by Mercedes-Benz dealerships and bodyshops across Russia, Germany, Belgium, Switzerland and Luxembourg. The contract renewal extends the term of the approval with Daimler AG until the end of 2016. Daimler AG (USA) (OTCMKTS: DDAIF) on last trading day company shares ended up $94.56.