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Qudian, The Latest Chinese IPO, Wins By Addressing The Underserved
Thursday, October 19, 2017 - 11:39am | 396Read More...Qudian Inc - ADR (NYSE: QD)'s initial public offering Wednesday was mostly positive as the stock opened at $34.35 after pricing shares at $24. By Thursday morning, the stock was trading below the $30 level, but some among Wall Street aren't concerned. Bernstein's Linda Sun-Mattison initiated...
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Chinese Banks To Remove IBM Servers On Security Claims
Tuesday, May 27, 2014 - 12:40pm | 248Read More...Shares of International Business Machines (NYSE: IBM) trend lower following Bloomberg's report that the Chinese government is reviewing whether banks reliance on the company's servers compromise the “nation's financial security.” Bloomberg News wrote, “Government agencies, including the People's...
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Benzinga Market Primer: Tuesday, June 25: Housing In Focus
Tuesday, June 25, 2013 - 6:23am | 1093Read More...Futures Bounce On Renewed Stimulus Hopes U.S. equity futures rose in early pre-market trade on renewed hopes of monetary stimulus in the U.S. as two Fed Presidents reiterated that tapering does not equal a switch to tight monetary policy. Minnesota Fed President Naryana Kocherlakota issued an...
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Dollar (USD) Continues Climb On China Lending News
Wednesday, January 20, 2010 - 8:41pm | 216Read More...The dollar (USD) continued to rally in Wednesday mid-day trading New York time after Chinese authorities announced ahead of the Asian trading session that banks will slow lending for 2010. The EUR/USD traded at 1.4287 at 1:00 am in London today, and dropped as much as 100 pips within the next 30...
