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Industry Watch

Shanda profit plunges on costs

Friday, 02 December 2011 09:27 Blaze Fabry

December 2, 2011 (Chinavestor) Shares of Shanda Interactive (NASDAQ:SNDA) declined under $40 at the open after the company reported a net profit dive of 90%, citing higher costs. While the company was able to grow top line, net income fell 90% YoY.

Industry Watch

Hurray! loss widens in 2010 Q1

Thursday, 03 June 2010 07:56 Blaze Fabry

June 3, 2010 (Chinavestor) Shares of Hurray! Holdings (NASDAQ:HRAY), a former wireless value-added services (WVAS) provider, fell 5.6% on Wednesday following 2010 first quarter report - while tr...

Industry Watch

GigaMedia is grilled by investors on 2010 Q1

Thursday, 27 May 2010 14:49 Blaze Fabry

May 27, 2010 (Chinavestor) Executives of GigaMEdia Ltd. (NASDAQ:GIGM) were grilled during the Q&A session following the release of 2010 first quarter earnings. The company reported net revenues o...

Industry Watch

China Techfaith Wireless Q1 Profit Rises

Thursday, 20 May 2010 02:19 Todd Shriber

May 20, 2010 (Chinavestor) China Techfaith Wireless (Nasdaq: CNTF), a handset designer and software developer, said its first-quarter profit rose to $6.9 million from $2.1 million a year earlier ...

Industry Watch

What's the big jump in STV for?

Wednesday, 12 May 2010 09:38 Blaze Fabry

May 12, 2010 (Chinavestor) Shares of China Digital TV Holding (NYSE:STV) jumped 12.8% in the first hour of trading on Wednesday following 2010 first quarter financials. Underlying volume was strong...