Ctrip in Talks with Baidu’s Qunar for Possible Merger; China Ming Yang Wind Power Group Pops after Quarterly Report


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NYSE:MY / NASDAQ:CMCSA / NASDAQ:CTRP / PK:DEWM
04/09/2014 [ACCESSWIRE]

China Ming Yang Wind Power Group Limited (NYSE: MY) – For an in-depth report on China Ming Yang Wind Power Group Limited follow: www.BullTrends.com/stockquote/MY

Shares of MY closed up about 16% on Tuesday with around 5.2 million shares traded. The stock was one of the biggest gainers on the NYSE. The pop came after the company its fourth-quarter results. Total wind turbine generators (WTGs) decreased 32.1% to an equivalent wind power project output of 175.5 megawatts (MW) from 258.5 MW in the fourth quarter of 2012. Total revenue declined 39.9% year over year $89.4 million. Basic and diluted loss per share was 56 cents, compared to 19 cents in the same period one year earlier.

Comcast Corporation (NASDAQ: CMCSA) - For an in-depth report on Comcast Corporation follow: www.BullTrends.com/stockquote/CMCSA

Shares of CMCSA closed modestly in the red on Tuesday with around 21.6 million shares traded. The company presented its case to government regulators arguing that its $45 billion takeover of Time Warner Cable Inc. will benefit consumers without limiting competition.

Ctrip.com International Ltd. (NASDAQ: CTRP) - For an in-depth report on Ctrip.com International Ltd. follow: www.BullTrends.com/stockquote/CTRP

Shares of CTRP moved higher after it was revealed that Baidu’s Web travel firm Qunar Cayman Islands and Ctrip.com International are in wide-ranging discussions that may include a possible merger according to a Bloomgberg News report citing two sources with "direct knowledge of the talks."

Dewmar International BMC, Inc. (OTC: DEWM) – For an in-depth report on Dewmar International BMC, Inc. follow: www.BullTrends.com/stockquote/DEWM

Shares of DEWM closed down 36.59% on nearly 400 million shares traded. The stock was one of the biggest decliners in the OTC market. Earlier this month the company announced that, based on preliminary online sales results, there has been a minimum of 604% increase in online sales revenue for the three months ended March 31, 2014 as compared to the quarter ended December 31, 2013.

 

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