JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO)
shares fell 11.37% to $0.842 in the early hour. The company reported a second
quarter loss of CNY457.8 million ($72 million), or CNY2.34 (37 cents) an
American Depositary Share, versus a year-earlier loss of CNY228.9 million
($35.4 million), or CNY1.39 (22 cents) an ADS.
Revenue plummeted 32% to CNY1.8 billion ($284.4 million). Analysts most
recently forecast a loss of $0.14 a share on revenue of $292.7 million.
Can
JASO Bounce Back? Find Out here
Valeant Pharmaceuticals Int (USA) (NYSE:VRX) shares
jumped 14.32% to $58.61 after the company said that it will pay $44 in cash for
each share of Medicis Pharmaceutical, 39% more than the Aug. 31 closing price.
The deal would be the largest for Valeant since it was created in a 2010 merger
of Canada’s Biovail Corp. and an Aliso Viejo, California-based predecessor.
Cincinnati Bell Inc. (NYSE:CBB) shares gained 5.76%
to $4.96. The company last week said that its call center and customer care
partner StarTek is adding 136 employees in the Tri-State region it serves and
transferring in jobs from overseas locations, more than doubling the size of
its local call center operation.
Additionally, Cincinnati Bell’s shares was upgraded
by analysts at Raymond James from an outperform rating to a strong-buy rating
today.
Seven Arts Pictures plc (NASDAQ:SAPX) shares gained
4.62% to $1.36. The company confirmed today its 1-for-70 reverse split of its
common stock that was effective immediately after the close of the markets on
Friday. The new CUSIP number for the Company's common stock is 81783N 201. The
company also announced that, subject to appropriate and required regulatory
filings and approvals, it has declared a warrant dividend to those persons
beneficially owning its common stock as of the close of the markets on August
31, 2012.
Has
SAPX Rebounded? Find Out Here
Booz Allen Hamilton Holding Corporation (NYSE:BAH)
stock increased 1.60% to $12.05. The 52 week trading range for the company is
$11.91 - $19.23. The shares of the company fell 21% in the last one year. BAH
is a provider of management and technology consulting services to the United
States government in the defense, intelligence and civil markets.
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