Wall Street News Alert's "stocks to watch" this morning are: China
Electronics Holdings, Inc. (OTCBB: CEHD), 7 Days Group Holdings
Limited (NYSE: SVN), AirMedia Group Inc. (NASDAQ: AMCN) and
AsiaInfo-Linkage, Inc. (NASDAQ: ASIA).
To receive FREE Mobile Stock Alerts formatted especially for
your cell phone, text the word "press" in the subject line to
68494.
This morning, China Electronics Holdings,
Inc. (OTCBB: CEHD) announced that its earnings for the first six
months of 2010 increased 441% over the same period in 2009,
reaching USD$9,346,292 for the first six months of 2010. Revenues
were up 382% and totaled USD$55,785,305 for the first half of 2010.
On the CEHD Balance Sheet, Stockholders' Equity increased from
USD$6.0 million to USD$28.3 million.
"We had 217 new stores in operation during the three months
ended June 30, 2010 compared to 2009," said China Electronics
Chairman and Founder Hailong Liu. "New products from SONY, LG and
THTF that we began to carry in 2010 and the improved economic
climate in the PRC all had a positive impact on the demand for our
products and our sales," Chairman Liu stated. Through the first
half of 2010 CEHD has recorded 117% of the revenues achieved for
all of 2009, and earned 96% of the profits in the first six months
of 2010 that it did for the entire calendar year of 2009."
China Electronics through its PRC subsidiary Lu'an Guoying
Electronic Sales Co., Ltd. (the "Company") operates a network of
600 franchise stores, 412 direct stores, and 3 company-owned
locations in primarily rural areas of central China's Anhui, Henan
and Hubei Provinces under the brand of Guoying. In its most recent
fiscal year ended December 31, 2009 China Electronics achieved
after-tax net income of USD$9.7 million from USD$47.7 million in
revenues. As a condition of the recent financings totaling nearly
USD$5.3m, China Electronics agreed to a net income target of USD$12
million, subject to certain adjustments, for the fiscal year ending
December 31, 2010, and an uplisting to Nasdaq or the NYSE Amex
exchanges. Hunter Wise Securities, LLC and American Capital
Partners, LLC served as placement agents to the financings.
The stock closed at $3.55 a share a share.
For more information, please visit www.WallStreetNewsAlert.com
and you can also follow Wall Street News Alerts on Twitter at
http://twitter.com/wsna
7 Days Group Holdings Limited (NYSE: SVN) up 3.5% on 280,000
shares traded.
7 Days Group is a leading and fast growing national economy
hotel chain based in China.
AirMedia Group Inc. (NASDAQ: AMCN) up 6.7% on 749,000 shares
traded.
AirMedia Group Inc. is a leading operator of out-of-home
advertising platforms in China targeting mid-to-high-end
consumers.
AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) down 1.3% on 1.3 million
shares traded.
AsiaInfo-Linkage, Inc. is a leading provider of high-quality
software solutions and IT services in the Communications'
industry.
Market Commentary: Benchmark crude for November delivery rose
$1.34 to settle at $83.01 a barrel on the New York Mercantile
Exchange.
Let Wall Street News Alert help advertise for your company using
our effective awareness campaigns. If you're Interested in telling
your story, we can help. Contact us at
info@wallstreetnewsalert.com
WSNA's email alert service is free to those investors who sign
up on the WSNA home page. The alert service is designed to notify
investors of often-overlooked stocks. Subscribers are introduced to
Special Situation companies that have the potential of showing
increased activity. The Wall Street News Alert home page has
experienced over 200 million hits. To subscribe to this free
service, visit the Wall Street News Alert home page at
http://www.wallstreetnewsalert.com.
*** It has come to the
attention of Wall Street News Alert (WSNA), that various persons or
companies distribute faxes bearing similar names to Wall Street
News Alert. Wall Street News Alert is not affiliated with faxes
bearing names such as: Wall Street Stock Alert, Wall Street
Investor Alert, Wall Street News Alert or any other fax using
various combinations of the generic words Wall
Street.***
Wall Street Capital Funding LLC (WSCF), also doing business as
Wall Street News Alert, disseminates electronic information to
subscribers through its network of affiliated companies and/or
partners. WSCF is not a registered broker/dealer and may not sell,
offer to sell or offer to buy any security. WSCF profiles are not a
solicitation or recommendation to buy, sell or hold securities,
they are advertisements. An offer to buy or sell can be made only
with accompanying disclosure documents from the company offering or
selling securities and only in the states and provinces for which
they are approved. The material in this release is intended to be
strictly informational. The companies that are discussed in this
release may or may not have approved the statements made in this
release and may or may not have approved the timing of this
release. All statements and expressions may or may not be the sole
opinions of WSCF and are subject to change without notice.
Information in this release is derived from a variety of sources
that may or may not include the referenced company's publicly
disseminated information, information supplied by third parties or
WSCF's own research. The accuracy or completeness of the
information is not warranted and is only as reliable as the sources
from which it was obtained. While this information is believed to
be reliable, such reliability cannot be guaranteed. WSCF disclaims
any and all liability as to the completeness or accuracy of the
information contained and any omissions of material fact in this
release. The release may contain technical inaccuracies or
typographical errors. It is strongly recommended that any purchase
or sale decision be discussed with a financial adviser, or a
broker-dealer, or a member of any financial regulatory bodies.
Investment in the securities of the companies' discussed in this
release is highly speculative and carries a high degree of risk.
WSCF is not liable for any investment decisions by its readers or
subscribers. Investors are cautioned that they may lose all or a
portion of their investment if they make a purchase in WSCF
profiled stocks.
This profile is not without bias, and is a paid release. To
comply with Section 17(b) of the Securities Act of 1933, WSCF is
disclosing that the company has been compensated for dissemination
of this information on behalf of one or more of the companies
mentioned in this release. For current services performed for China
Electronics Holdings, Inc. (OTCBB: CEHD), WSCF has been compensated
Five Thousand Dollars (Two Thousand Five Hundred dollars for
current services and Two Thousand Five Hundred dollars for previous
services), by third party Jinsun LLC, who is non-affiliated and may
hold a significant position in the stock. WSCF holds no shares of
the stock. WSCF may receive compensation for future services. Any
additional compensation will be disclosed at such time that WSCF is
aware of a client's desire to extend the original services. WSCF
may have received shares of a company profiled in this release
prior to the dissemination of the information in this release. In
the event of any receipt of such shares, full disclosure would be
shown above. WSCF may immediately sell some or any shares in a
profiled company held by WSCF and may have previously sold shares
in a profiled company held by WSCF. WSCF's services for a company
may cause the company's stock price to increase, in which event
WSCF would make a profit when it sells its stock in a company. In
addition, WSCF's selling of a company's stock may have a negative
effect on the market price of the stock.
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a companies' annual report on Form 10-K or 10-KSB and
other filings made by such company with the Securities and Exchange
Commission. You should consider these factors in evaluating the
forward-looking statements included herein, and not place undue
reliance on such statements. The forward-looking statements in this
release are made as of the date hereof and WSCF undertakes no
obligation to update such statements.
Company: Wall Street News Alert Contact email: Email Contact
URL: http://www.wallstreetnewsalert.com
7 Days Grp. Holdings Limited American Depositary Shares, Each Representing Three Ordinary Shares (NYSE:SVN)
Historical Stock Chart
From Jun 2024 to Jul 2024
7 Days Grp. Holdings Limited American Depositary Shares, Each Representing Three Ordinary Shares (NYSE:SVN)
Historical Stock Chart
From Jul 2023 to Jul 2024