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Eqis Capital Management Inc. bought a new stake in shares of NetEase, Inc. (NASDAQ:NTES – Free Report) during the 2nd quarter, Holdings Channel reports. The fund bought 10,034 shares of the technology company’s stock, valued at approximately $970,000. Other hedge funds have also recently made changes to their positions in the company. Arrowstreet Capital Limited […]
NetEase, Inc. (NASDAQ:NTES – Get Free Report) declared a quarterly dividend on Thursday, November 16th, Zacks reports. Stockholders of record on Friday, December 1st will be given a dividend of 0.495 per share by the technology company on Friday, December 15th. This represents a $1.98 annualized dividend and a dividend yield of 1.73%. The ex-dividend […]
Cloud Music earnings show revenue was down 16% in the third quarter, though gross profit margin almost doubled.
Chinese music streaming company Cloud Music’s revenue fell 16.3% to 1.95 billion RMB ($270.4 million) in the third quarter, the company’s controlling…
NetEase, Inc. (NASDAQ:NTES – Get Free Report)’s share price gapped up prior to trading on Friday following a stronger than expected earnings report. The stock had previously closed at $112.35, but opened at $116.25. NetEase shares last traded at $116.12, with a volume of 295,511 shares trading hands. The technology company reported $13.30 earnings per […]