Oppenheimer Downgrades NQ Mobile (NQ) to Perform
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NQ Mobile (NQ) Defended at Macquarie
October 28, 2013 8:58 AM EDTMacquarie maintained an Outperform rating on NQ Mobile (NYSE: NQ) with a price target of $26.00. Comments follow a sharp decline in the wake of a negative report by Muddy Waters Research. Analyst Jiong Shao called a recent 56% decline in the stock a "rare... More
NQ Mobile (NQ) Remains Buy at Canaccord Genuity
October 25, 2013 3:19 PM EDTCanaccord Genuity maintained a Buy rating on NQ Mobile (NYSE: NQ) with a price target of $29.00. Analyst T. Michael Walkley continues to view the company as well positioned in mobile security and applications.
For an analyst ratings summary and ratings... More
Topeka Capital Maintains Buy on NQ Mobile (NQ)
October 25, 2013 1:52 PM EDTTopeka Capital maintained a Buy rating on NQ Mobile (NYSE: NQ) with a price target of $33.50.
Analyst Frederick Ziegel said, "NQ Mobile conducted a very lengthy conference call this morning to address the assertions made in a report published by Muddy... More
NQ Mobile (NQ) Forms Independent Special Committee
October 25, 2013 10:19 AM EDTNQ Mobile (NYSE: NQ) announced that the Company's board of directors today formed an independent special committee to conduct an independent review of the allegations raised in a report issued by Muddy Waters dated October 24, 2013. The special committee is comprised of four independent... More
NQ Mobile (NQ) Responds to Muddy Waters' Allegations; Offers Table of Deposits
October 25, 2013 8:30 AM EDTNQ Mobile (NYSE: NQ) responded to the allegations raised in a research report by Muddy Waters dated October 24, 2013. The company believes that the allegations and accusations set forth in the Muddy Waters report (the "Report") are false and inaccurate and contain numerous errors of facts, misleading speculations and malicious interpretations of events. Further, the allegations fail to take into account various factors necessary to understand the matters addressed. Finally, the Report makes many misrepresentations about the company, its management team, as well as misrepresentations about its products, business practices and how it interacts with... More
NQ Mobile (NQ) Holding 8:30AM Conference Call
October 25, 2013 7:25 AM EDTAfter getting clobbered nearly 50% on Thursday amid a new 'Strong Sell' rating from Muddy Waters, NQ Mobile (NYSE: NQ) said it will hold a special conference call prior to market opening today with investors and mobile industry analysts to address what it calls "false... More
NQ Mobile (NQ) Refutes 'False Allegations'
October 24, 2013 3:29 PM EDTNQ Mobile (NYSE: NQ) takes any false allegations regarding our business extremely seriously. NQ Mobile will respond quickly, transparently and forcefully to these false allegations regarding our company. The Company will issue a more detailed response before the market open in the U.S. on Friday, October 25.... More
NQ Mobile (NQ) trading halted with news pending
October 24, 2013 2:13 PM EDTNQ Mobile (NYSE: NQ) trading halted with news pending.... More
NQ Mobile (NQ) Slammed, Peers on Watch as Muddy Waters Zeroes In (QIHU) (FENG)
October 24, 2013 2:11 PM EDTChina Internet names are on watch as NQ Mobile (NYSE: NQ) drops Thursday.
Qihoo 360 (Nasdaq: QIHU), Baidu (Nasdaq: BIDU), and Phoenix New Media (NYSE: FENG) are some peers to keep an eye on.
NQ Mobile shares fell Thursday after Muddy Waters... More
NQ Mobile Inc. (NQ) Rated Strong Sell at Muddy Waters
October 24, 2013 12:59 PM EDT(Updated - October 24, 2013 1:07 PM EDT)
NQ Mobile Inc. (NYSE: NQ) was rated Strong Sell by Muddy Waters Research. Researchers said the company was a "massive fraud" and a "zero." Its Antivirus 7.0 was called unsafe for sale and is considered "spyware." Paying... More
