Tag Archives: bad-request

Vipshop, Ctrip Lead 4 Top Chinese Stocks Rising Late On Earnings

Flash seller Vipshop (VIPS), online travel site Ctrip (CTRP), Web gaming player NetEase (NTES) and drug testing outsourcer WuXi Pharmatech (WX) rose as the Chinese stocks reported strong earnings late Wednesday. That followed strong results from Chinese Internet giant Tencent (TCEHY) before the open. Vipshop Holdings: The Chinese flash discount online retailer’s Q1 EPS more than doubled to 13 cents, beating estimates by 3 cents, led by mobile

Cisco Systems’ Q3 EPS, Revenue Edge Analyst Estimates

Cisco Systems, about to end an era when its longtime CEO John Chambers steps down, continues to show some resilience. The No. 1 maker of computer networking equipment late Wednesday reported fiscal Q3 earnings and revenue that edged analyst estimates, and gave guidance for the current quarter that was basically in line with views. Cisco’s (CSCO) prior earnings report in February also beat views. Cisco stock fell a fraction in after-hours trading.

Tencent Earnings Top As Online Ad Revenue Surges

Tencent Holdings reported better-than-expected first-quarter earnings Wednesday, with the Chinese Internet giant’s online advertising revenue more than doubling on mobile ads. Earnings per share minus items of 12 cents beat analyst forecasts by a penny, as polled by Thomson Reuters. Net profit rose 7%, a slowdown from Q4’s 50% jump. Revenue of $3.61 billion was up 22% in local currency and topped the consensus estimate of $3.56