Cairo – Mubasher: Ibn Sina Pharma’s stock jumped 14.7%, reaching EGP 6.65, with a turnover of EGP 107.6 million, by 10:05 am Cairo time in its first trading session on the Egyptian Exchange (EGX). Earlier this week, the EGX stated that …
Shares of Chinese social network Weibo (NASDAQ: WB) have surged 185% this year, fueled by five straight quarters of accelerating year-over-year sales growth. Wall Street expects the company's revenue and non-GAAP earnings to …
Weibo and SINA both reported stronger than expected third quarter results. Weibo’s net income soared an incredible 215% year-over-year, while it added an equally amazing 79 million monthly active users last quarter versus the same period a …
Ibn Sina Pharmaceutical Industry, one of Egypt’s largest drug distributors, plans to raise as much as 1.6 billion Egyptian pounds ($90.65 million) from offering nearly 40 percent of its shares on the bourse in December. The Egyptian Financial …
Shares of SINA Corporation (NASDAQ: SINA) fell as much as 11.5% early Tuesday, then partially recovered to trade down 7.3% as of 1:15 p.m. EST despite the Chinese online media company reporting better-than-expected third-quarter …
SINA (NASDAQ: SINA) has been a stock market darling this year. Investors in the Chinese internet specialist are sitting on roughly 90% gains so far in 2017 as it has displayed remarkable revenue growth thanks to a terrific spike in its …
Chinese internet giant Baidu names former Weibo executive as its new finance officer “We do not believe Aristeia, which has traded in-and-out of Sina’s stock to support its gains, is truly interested in governance. Instead, we believe Aristeia …
Sina’s shares have more than doubled since the beginning of the year, far outpacing a 20 percent gain in the Nasdaq Composite Index, but Aristeia said the stock still trades at a large discount to its net asset value and the recent gains …