… NYSE will delist the ADRs of Chinese software company Longtop Financial ( LFT ), which have been halted since May amid concerns about accounting irregularities. During that month, Longtop 's auditor and CFO quit, and the SEC opened an inquiry …
… wake of negative reports on Sino-Forest ( SNOFF.PK ), Universal Travel Group ( UTA ), China MediaExpress ( CCME ), Longtop ( LFT ), SinoCoking ( SCOK ), Puda Coal ( PUDA ) and China Biotics ( CHBT ). We recently conducted extensive due diligence on L …
… fund was stung by an investment in embattled Chinese firm Longtop Financial Technologies LFT . Trading was halted in that stock when its auditor resigned ..... and did not come across any signs that anything was amiss. Longtop 's fall has partly offset strong showings by several top …
… These began with small firms that went public via reverse mergers with shell companies, but now include larger firms such as Longtop ( LFT ) and Sino-Forest (SNOFF.PK). AirAsia to boost Airbus deal to 300 planes. Malaysia's AirAsia will buy an extra 100 …
… public portfolio--this fund owned Longtop Financial Technologies LFT , one of the Chinese companies now embroiled ..... the fund had 1.5% of its assets in Longtop .) The woes seemingly don't stop there ..... reverse-merger" controversy-- Longtop and Sino-Forest SNOFF--were not …
… state-run Coal India ( COAL.in ) may have a glow that can last. The disaster in the US listed Chinese software company Longtop Financial Technologies ( LFT ; halted since May 16 ) has caught many hedge funds and mutual funds [ Fidelity, Putnam, Janus, Calamos, etc. ]. Pg …
Longtop Financial Technologies ( LFT ) says its CFO and auditor have both resigned and that the SEC has opened an inquiry into unspecified auditing issues. Longtop is the largest of the Chinese stocks whose trading has been halted, with a market …
… Ceramics ( CRR ) 15.07% Fortinet ( FTNT ) 14.47% Gen-Probe Incorporated ( GPRO ) 13.47% Shutterfly ( SFLY ) 12.31% Longtop Financial Technologies ( LFT ) 10.89% Here are some specifics about these stocks and what to expect from them going forward: Valassis gained 16.18 …
… Company name Symbol Quote change (%) Longtop Financial Technologies Ltd (ADR) LFT 11.50% BroadSoft Inc BSFT 10.51 ..... what to expect from them going forward: Longtop Financial Longtop Financial was up 11.5 ..... employees will now be directly contracted by Longtop subsidiaries, as opposed to third party ..... companies. According to bearish traders, LFT 's margins were artificially high because …
Longtop Financial Technologies LFT reported its fiscal 2010 second ..... solutions in the financial sector, Longtop 's second-quarter revenue reached ..... efficiency and customer satisfaction. Longtop , as one of the leading IT services …