Reading Time: < 1 minute (Update July 19) CNNMoney has an article about Mindray (the original article was on IBD). (Original) The annual report is out. You can get it from its IR Home. From first glance, it’s looking sharp (I mean, the graphic design). Second quarter results will be announced on August 6 after US market close (8 AM
Reading Time: 2 minutes (Update July 4) Did not see any filings at SEC web site but got Q2 2007 earning at Discover’s own web site. Quote below. “Riverwoods, IL, June 20, 2007 – Discover Financial Services (NYSE: DFSWI) today reported net income of $209 million for the quarter ended May 31, 2007, compared with record net income of
Reading Time: < 1 minute Brown Shoes goes to China (STLtoday): Brown Shoe Co. late Tuesday announced that it has entered a joint venture with a Chinese company to open more than 500 shoe stores in China by 2012. MSFT modifies source for Vista (Reuters): Microsoft Corp. has agreed to modify its new Vista operating system in response to complaints that
Reading Time: 2 minutes I received an email from a friend asking me whether New Oriental Eudcation (EDU) will be a good investment or not. I was not warm to it initially, changed my mind and bought it in Jan., sold it in Feb., because I did not know how to evaluate it. First I want to say EDU is in a very
Reading Time: 2 minutes I felt this baby (600030.SS) was being thrown out of bath tub when the Shanghai Composite Index dropped from 4300 to 3600, amid the raise of stamp tax. Logic here was the raise of stamp tax will reduce stock trading, which will reduce Citic’s business from trading side.
Reading Time: < 1 minute ICBC (601398.SS, 1398.HK), Industrial and Commercial Bank of China, announced its 2006 result today, you can read the summary here (Chinese, English). Here is an offical PDF report (in traditional Chinese).
Reading Time: < 1 minute It will report the earnings after market today. The Street est. earning is $0.62, but I think the whisper number is much higher. In other words, even if it beats the earning, if it issues a soft guidance, the stock may get punished tomorrow. This is the danger of “playing ERs” with hot stocks. Interestingly, Sage
Reading Time: 2 minutes Home Inns (HMIN) and Mindray (MR) both reported their Q3 earning last week. I listened to both the conference calls. HMIN obviously did better with revenue growth: RMB 160.4 m, 106.3% year over year growth. Mindray’s revenue growth was 21.6% because of the anti-corruption campaign in Chinese hospitals. I think that growth factor determined the stock
Reading Time: 2 minutes I sold the remaing Symantec (SYMC) stocks today and I bought an old stock for me: the Ninetown Digital (NINE, recently changed name to Ninetown Internet). Here are my reasoning. Symantec moved up quite a bit in past serveral months. It reported good earning in Q2, but missed a penny in Q3 due to some weakness in
Reading Time: 2 minutes Next Microsoft. Next Bill Gates. Next Google. Next… We all want to get the hold of “next big thing” before it becomes real, don’t we? Think about this, the stock of Cisco, the networking and communication company, increased 73 times from 1990 to 2000 in 10 years. The Microsoft stock’s performance was similar. From time to time, when a
Recent Comments