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LKM

Link Motion

$0.76

-0.0238 (-3.05%)

08:47
09/15/18
09/15
08:47
09/15/18
08:47

Link Motion announces resignations of CEO, CFO and General Counsel

Link Motion last night announced new agreements with Zhongzhi Hi-Tech Overseas Investment and certain changes to its management team. The company has entered into a non-binding memorandum of understanding to further engage in business cooperation with Zhongzhi, and in connection, the company has entered into agreements to pledge its senior note issued by Tong Fang and shares of NQ International to Zhongzhi as additional securities for the convertible note held by Zhongzhi. Link Motion added that it is engaging in further discussion with Zhongzhi regarding the extension of the maturity date of the convertible note. The company further announces the change to its management team. Zemin Xu, Chief Executive Officer of the company, has resigned and Jia Lian has been appointed as an acting CEO of the company. Lian will restructure the management team and lead the company's operations. Justin Chen, President and General Counsel and Roland Wu, Chief Financial Officer of the company, have resigned from their management positions. Xu and Chen have also resigned as board members. Joanne Zhu, a director designated by Zhongzhi has also been replaced by Vincent Wu, who is newly nominated by Zhongzhi to replace Zhu as Zhongzhi's representative on the company's board.

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PKD

Parker Drilling

$1.12

(0.00%)

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FB

Facebook

$146.29

4.22 (2.97%)

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LOW

Lowe's

$88.18

-1.31 (-1.46%)

11:36
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LOW

Lowe's

$88.16

-1.33 (-1.49%)

11:35
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LOW

Lowe's

$88.42

-1.07 (-1.20%)

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LOW

Lowe's

$88.42

-1.07 (-1.20%)

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RIG

Transocean

$8.47

0.395 (4.89%)

11:31
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Breaking Hot Stocks news story on Transocean »

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AIG

AIG

$37.67

1.08 (2.95%)

11:30
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ITCI

Intra-Cellular

$15.47

-0.03 (-0.19%)

11:29
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Recommendations
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JCOM

j2 Global

$70.35

1.09 (1.57%)

11:27
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j2 Global mentioned cautiously in new GlassHouse Research short report »

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LOW

Lowe's

$88.53

-0.96 (-1.07%)

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11:25
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Conference/Events
Stephens retail/hardlines analyst to hold luncheon meeting »

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AVYA

Avaya

$17.78

0.305 (1.75%)

11:24
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Avaya targets long-term non-GAAP revenue growth CAGR of 2%-4% »

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AVYA

Avaya

$17.78

0.305 (1.75%)

11:22
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TME

Tencent Music

$0.00

(0.00%)

11:20
12/12/18
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Syndicate
Breaking Syndicate news story on Tencent Music »

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AVYA

Avaya

$17.78

0.305 (1.75%)

11:18
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
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$NYE

NYSE Market Internals

$0.00

(0.00%)

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TPR

Tapestry

$36.28

1.31 (3.75%)

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Call buyers in Tapestry as shares advance from 52-week lows »

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ACN

Accenture

$160.17

1.86 (1.17%)

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General news
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JCOM

j2 Global

$71.15

1.89 (2.73%)

11:04
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Periodicals
j2 Global mentioned cautiously in short report from GlassHouse Research »

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  • 18

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PKD

Parker Drilling

$1.12

(0.00%)

11:04
12/12/18
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11:04
Hot Stocks
Parker Drilling enters Chapter 11 under restructuring support agreement »

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VZ

Verizon

$57.52

-1.33 (-2.26%)

, BAC

Bank of America

$24.57

-0.01 (-0.04%)

11:01
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On The Fly
Fly Intel: Today's top analyst calls on Wall Street »

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VZ

Verizon

$57.52

-1.33 (-2.26%)

BAC

Bank of America

$24.57

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MS

Morgan Stanley

$41.00

0.38 (0.94%)

TSLA

Tesla

$368.00

1.37 (0.37%)

ROKU

Roku

$35.66

-0.16 (-0.45%)

CORT

Corcept Therapeutics

$18.72

1.56 (9.09%)

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EFA

iShares MSCI EAFE Index Fund

$61.52

1.04 (1.72%)

11:00
12/12/18
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Options
Million dollar straddle purchase in iShares EAFE International ETF »

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