E-Commerce China Dangdang (DANG) Tops Q2 EPS by 10c

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Go back to E-Commerce China Dangdang (DANG) Tops Q2 EPS by 10c

Brean Affirms Dangdang (DANG) at 'Hold'; Q2 Unimpressive, But 'Going Private' Takeover Still Pending

September 1, 2015 2:11 PM EDT

Brean Capital affirms E-Commerce China Dangdang (Nasdaq: DANG) with a Hold rating following Q2 results issued earlier Tuesday.

Analyst Fawne Jiang commented, Fundamentally, we remain cautious on DANG's overall outlook given 1) deceleration of its Marketplace business; 2) a declining gross margin outlook; and 3) operating... More