Posted by Geoff Seiler at 4:29PM on August 9th
It was another mixed day on Wall Street, with the major market averages once again trading near breakeven for a second-straight day. The earnings news was generally good today, while the jobs market continues to show some progress. Meanwhile, we…
Posted by Jason Smith at 12:24PM on December 30th
Chinese advertising stocks are soaring today with the Chinese Advertising Stocks Index popping 2.9% with the run being fueled by news of a big investment by one firm in a rival company.
Focus Media Holding (FMCN), China’s largest digital media company, agreed to…
Top Indexes Post Double-Digit Weekly Gains (CCME, CHRM, AMCN, IDI, VISN, KG, PFE, PTIE, CPIX, ACUR, ZAGG)
Posted by Jason Smith at 1:37PM on October 15th
Despite Friday’s dip, the broad benchmarks are set to finish the week in positive territory, and a number of high-flying sectors have posted double-digit rallies for the period.
As a whole, the Chinese Advertising Stocks Index is up by 17% over the…
Posted by Jason Smith at 10:27AM on September 2nd
An interesting story boosted Chinese advertising small-cap China MediaExpress (CCME) by 6% on Thursday. The company issued a statement noting that Ou Wen Lin, a founding shareholder, “mistakenly overstated the amount [of shares] subject to sale” in a recently disclosed stock…
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