NQ Mobile (NQ) Tops Q2 EPS by 3c; Guides FY15 Revenue Above Expectations
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August 27, 2015 10:59 AM EDT
Rosenblatt analyst Jun Zhang reiterated a Buy rating and boosted its price target on NQ Mobile (NYSE: NQ) to $13, noting "big improvements" in NQ Mobiles new management execution capability and internal operations in the last two quarters .
"We are raising our price... More
August 26, 2015 5:00 PM EDT
NQ Mobile (NYSE: NQ) announced it has entered into legally binding share purchase agreements (the "NationSky Agreements"), which provide for the sale of all of NQ Mobile's interest in the NationSky business ("NationSky Divestment"), including the entire interest in Beijing NationSky Network... More
August 26, 2015 4:59 PM EDT
NQ Mobile (NYSE: NQ) announced it has entered into a legally binding framework agreement (the "FL Framework Agreement") with Beijing Jinxing Rongda Investment Management Co. Ltd., a subsidiary of Tsinghua Holdings Co., Ltd and an independent third party, to sell the Company's entire stake in FL Mobile Inc., NQ Mobile's majority owned Cayman Islands subsidiary (the "FL... More
