Posts for Ticker ‘CN’

Winners From China’s New 3G Expansion (MOT)(QCOM)(TXN)(BRCM)

Empire_2The Chinese government has finally set up a system to bring fast wireless 3G service to its citizens. In a country where handsets are used the way that many people in the US and EU use laptops, the move will bring a new generation of multimedia access to hundreds of millions of people and should make several US companies a lot of money.

According to The Wall Street Journal. "China Mobile Ltd. (CHL), the dominant carrier, would be assigned the Chinese-developed TD-SCDMA standard. The global standards WCDMA and CDMA-2000 are to go to China Unicom Ltd. (CHU) and China Telecom Ltd., respectively."

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Posted on: January 4, 2009 – 8:02 am in China, , , , , ,

Asia Markets 9/2/2008 (LFC)(CN)

JapMarkets in Asia fell.

The Nikkei was off 1.8% to 12,609. Bridgestone was up 3.5% to 1850. Canon was down 7.3% to 4670.

The Hang Seng dropped 1% to 20,689. China Life (LFC) rose 2% to 27.55. China Netcom (CN) rose 1% to 18.42.

The Shanghai Composite fell .9% to 2,305.

Data from Reuters.

Douglas A. McIntyre

Posted on: September 2, 2008 – 2:27 am in International Markets, ,

Asia Markets 9/2/2008 (LFC)(CN)

JapMarkets in Asia fell.

The Nikkei was off 1.8% to 12,609. Bridgestone was up 3.5% to 1850. Canon was down 7.3% to 4670.

The Hang Seng dropped 1% to 20,689. China Life (LFC) rose 2% to 27.55. China Netcom (CN) rose 1% to 18.42.

The Shanghai Composite fell .9% to 2,305.

Data from Reuters.

Douglas A. McIntyre

Posted on: September 2, 2008 – 2:27 am in International Markets, ,

Asia Markets 8/20/2008 Shanghai Up Over 7% (LFC)(CN)

ChinaShares in Asia were mixed while the Shanghai Composite rose 7.6% to 2,523.

The Nikkei was down .1% to 12,852. Bridgestone fell 4.2% to 1860 Casia was off 3.7% to 1229.

The Hang Seng rose 1.9% to 20,878. China Life (LFC) fell 1.2% to 37.35. China Netcom (CN) fell 2.1% to 20.90.

Data from Reuters.

Douglas A. McIntyre

Posted on: August 20, 2008 – 2:20 am in International Markets, ,

Asia Markets 8/19/2008 (LFC)(CN)

JapMost markets in Asia were down.

The Nikkei fell 2.3% to 12,865. Casio fell 3.7% to 1229. Bridgestone rose 2.1% to 1890.

The Hang Seng fell .8% to 20,757. China Life (LFC) fell 1.3% to 25.35. China Netcom (CN) fell 2.1% to 20.90.

The Shanghai Composite rose 1.1% to 2,344.

Data from Reuters.

Douglas A. McIntyre

Posted on: August 19, 2008 – 2:20 am in International Markets, ,

Asia Markets 8/8/08 (LFC)(CN)

JapMarkets in Asia were mixed with Shanghai off sharply.

The Nikkei rose .3% to 13,168. Mazda was up 2.6% to 589. Sharp was off 1.5% to 1430.

The Hang Seng fell 1.2% to 21,837. China Life (LFC) fell 2.6% to 28.60. China Netcom (CN) fell 3% to 22.90.

The Shanghai Composite dropped 4.5% to 2,606.

Data from Reuters

Douglas A. McIntyre

Posted on: August 8, 2008 – 2:25 am in Market Close, ,

Asia Markets 8/5/2008 (CN)(CHL)(CHU)

Markets in Asia were lower.

The Nikkei fell .1% to 12,915. Hitachi rose 2.6% to 822. Nippon Oil rose 2.6% to 630.

The Hang Seng fell 3.% to 21,832. China Mobile (CHL) was down 2.8% to 101.60. China Netcom (CN) was down 5% to 22.80. China Unicom (CHU) was off 5.5% to 15.34.

The Shanghai Composite dropped 1.6% to 2,698.

Data from Reuters

Douglas A. McIntyre

Posted on: August 5, 2008 – 2:16 am in International Markets, , ,

Asia Market 7/31/2008 (NTT)(CN)(SNP)

Markets in Asia were mixed.

The Nikkei was up .1% to 13,377. NEC was up 2.4% to 593. NTT (NTT) was up 4% to 553000.

The Hang Seng was up .3% to 22,764. China Netcom (CN) was up 1.9.% to 24.00. China Petroleum (SNP) was down 2.1% to 8.12.

The Shanghai Composite fell 1.6% to 2,791.

Data from Reuters.

Douglas A. McIntyre

Posted on: July 31, 2008 – 2:24 am in International Markets, , ,

Asia Markets 7/30/2008 (CN)(CHU)

Markets in Asia were mostly higher.

The Nikkei rose1.6% to 13,368. Mazda rose 3.3% to 623. Nissan rose 3% to 837.

The Hang Seng rose 1.8% to 22,647. China Netcom (CN) rose 3.1% to 23.50. China Unicom (CHU) rose 3.8% to 15.94

The Shanghai Composite fell .5% to 2,837.

Data from Reuters

Douglas A. McIntyre

Posted on: July 30, 2008 – 2:25 am in International Markets, ,

Asia Market 7/25/2008 (SNE)(LFC)(CN)(CHU)

Markets in Asia fell sharply.

The Nikkei was down 2% to 13,335. Canon was down 4.9% to 5100. Mazda was down 5% to 527. Sony (SBE) was down 4.2% to 4360.

The Hang Seng fell 1.9% to 22,647. China Lfe (LFC) was down 3.6% to 29.30. China Netcom (CN) was down 4.1% to 22.50. China Unicom (CHU) was down 4.2% to 15.18.

The Shanghai Composite dropped 1.4% to 2,870.

Data from Reuters.

Douglas A. McIntyre

Posted on: July 25, 2008 – 2:31 am in International Markets, , , ,

Asia Markets 5/24/2008 (LFC)(CN)(HMC)

Markets in Asia were mostly higher

The Nikkei rose 2.1% to 13,603. Honda (HMC) rose 3.8% to 3840. KDDI rose 5.6% to 619000.

The Hang Seng rose .8% to 23,326. China Life (LFC) rose 2% to 31.00. China Netcom (CN) fell 2.7% to 23.50.

The Shanghai Composite was up 2.6% to 2,910.

Data from Reuters

Douglas A. McIntyre

Posted on: July 24, 2008 – 2:16 am in International Markets, , ,

Asia Markets 7/22/2008 (CHU)(CN)

Markets in Asia were mostly higher

The Nikkei rose 3% to 13,185. Canon was up 4.3% to 5,150. Honda (HMC) was up 5.3% to 4600.

The Hang Seng moved higher by .6% to 22,675. China Netcom (CN) fell 2.1% to 23.65. China Unicom (CHU) fell 1.8% to 15.98.

Data from Reuters

Douglas A. McIntyre

Posted on: July 22, 2008 – 2:18 am in International Markets, ,

Asia And Europe Markets 7/4/2008 (ALU)(DB)(BCS)(CN)(SNP)

Market in Asia were mixed

The Nikkei fell .2% to 13,238. KDDI was down 2.7% to 632000. Mazda was up 4.6% to 550.

The Hang Seng was up .7% to 21,424. China Netcom (CN) was up to 22.30. China Petroleum (SNP) was up 2.8% to 7.03.

The Shanghai Composite was down 1.2% to 2,670.

At 6.40 AM, the FTSE was down .6% to 5,446. Barclays (BCS) was down to 282.75. British Airways was down 4.6% to 199.3.

The DAXX was .5% to 6,324. Commerzbank was off 2.5% to 19.11. Deutsche Bank (DB) was off 1.4% to 55.04.

The CAC 40 was down .8% to 4,311. Alcatel-Lucent (ALU) was up 1.5% to 3.76. EADS was off 2.7% to 11.77.

Data from Reuters.

Douglas A. McIntyre

Posted on: July 4, 2008 – 5:44 am in International Markets, , , ,

Asia Market 6/30/2008 (DCM)(SNP)(CN)

Markets in Asia were mostly lower.

The Nikkei fell.5% to 13,481. Dentsu was down 2.2% to 225000. Docomo (DCM) was up 2% to 156000.

The Hang Seng was up .5% to 23,157. China Netcom (CN) was up 3% to 21.60. China Petroleum (SNP) was down 1% to 7.27 CNOOC was up 3.4% to 13.54.

The Shanghai Composite was down .5% to 2,726.

Data from Reuters

Douglas A. McIntyre

Posted on: June 30, 2008 – 2:29 am in International Markets, , ,

Asia Market 6/26/2008 (CN)(PTR)(HMC)

Markets in Asia were mixed.

The Nikkei fell a fraction to 13,822. Honda (HMC) fell 2.1% to 3750. KDDI fell 2% to 655000.

The Hang Seng fell .3% to 22,573, China Netcom (CN) fell 1.2% to 21.30. PetroChina (PTR) fell .8% to 10.38.

The Shanghai Composite fell .1% to 2,902.

Data from Reuters

Douglas A. McIntyre

Posted on: June 26, 2008 – 2:31 am in International Markets, , ,

Asia Markets 6/20/2008 (CN)(CHU)

Markets in Asia were mixed.

The nikkei fell 1.3% to 13,942. Hitachi fell 2.3% to 776. KDDI fell 3.5% to 654000.

The Hang Seng rose .1% to 22,812. China Netcom (CN) fell 2.7% to 21.45. China Unicom (CHU) fell 3.1% to 14.40.

The Shanghai Composite rose 3% to 2,831.

Data from Reuters

Douglas A. McIntyre

Posted on: June 20, 2008 – 2:32 am in International Markets, ,

Asia Markets 6/17/2008 (CN)(SNP)

Markets in Asia were mostly lower.

The Nikkei fell a fraction to 14,348. Mazda fell 3.5% to 584. NEC rose 2.5% to 583.

The Hang Seng dropped .4% to 22,947. China Netcom (CN) rose 2.3% to 22.55. China Petroleum (SNP) rose 2.5% to 7.70.

The Shanghai Composite fell 2.8% to 2,796.

Data from Reuters

Douglas A. McIntyre

Posted on: June 17, 2008 – 2:26 am in International Markets, ,

Top 10 Pre-Market Analyst Calls (ADM, ASMI, CN, CHU, FIG, BEN, MSO, NT, RYL, TER, VSE)

These are ten of the analyst calls we are focusing on this Thursday morning:

  • Archer-Daniels (NYSE: ADM) cut to Hold at Citigroup.
  • ASM Intl NV (NASDAQ: ASMI) started as Underperform at Jefferies.
  • China Netcom (NYSE: CN) and China Unicom (NYSE: CHU) raised to Hold at Deutsche Bank.    
  • Fortress Investment (NYSE: FIG) cut to Neutral at Credit Suisse.
  • Franklin Resources (NYSE: BEN) raised to Outperform at KBW.
  • Martha Stewart (NYSE: MSO) cut to Neutral at JPMorgan.
  • Nortel (NYSE: NT) raised to Overweight at JPMorgan.
  • Ryland Group (NYSE: RYL) raised to Buy at UBS.
  • Teradyne (NYSE: TER) started as Neutral at Piper Jaffray.
  • VeraSun Energy (NYSE: VSE) cut to Sell at Citigroup.

Jon C. Ogg
June 12, 2008

Posted on: June 12, 2008 – 7:14 am in Analyst Calls, , , , , , , , , , ,

Asia Markets 6/10/2008 Shanghai Collapses (LFC)(CN)(SNP)

Markets in Asia were down sharply and shares in China collapsed as the government put in new inflation-fighting measures.

The Nikkei fell 1.1% to 14,021. KDDI fell 2.3% to 675000. NEC rose 1.3% to 566.

The Hang Seng dropped 3.9% to 23,456. China Life (LFC) was down 4.7% to 29.30. China Netcom (CN) fell 7.6% to 21.25. China Petroleum (SNP) fell 6.8% to 7.69.

The Shanghai Composite fell 7.7% to 3,072. Bank of China dropped 7.9% to 4.33. A number of stocks fell over 10%.

Data from Reuters

Douglas A. McIntyre

Posted on: June 10, 2008 – 2:26 am in International Markets, , ,

Asia Market 6/3/2008 (HMC)(LFC)(CN)(SNP)

Markets in Asia were mostly lower.

The Nikkei fell 1.6% to 14,209. Canon fell 2.3% to 5660. Honda (HMC) fell 3.3% to 3490.

The Hang Seng dropped 1.8% to 24,374. China Life (LFC) fell 3.1% to 31.30. China Netcom (CN) 11.7% to 23.90. Chna Petroleum (SNP) dropped 3.9% to 7.83.

The Shanghai Composite dropped .7% to 3,436.

Data from Reuters

Douglas A. McIntyre

Posted on: June 3, 2008 – 2:25 am in International Markets, , , ,