On Tuesday, E Commerce China Dangdang Inc (ADR) (NYSE:DANG)’s shares inclined 5.81% to $6.92.
E-Commerce China Dangdang Inc. (DANG) a leading business-to-consumer e-commerce company in China, recently declared its unaudited financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Highlights
- Total net revenuesfor the first quarter of 2015 were RMB2,217.3 million ($357.7 million), a 27.7% enhance from the corresponding period in 2014. Gross Merchandise Value (“GMV”)from the marketplace in the first quarter of 2015 was RMB1,771.5 million ($285.8 million), a 49.4% enhance from the corresponding period in 2014. The combination of product revenue from principal business and GMV from the marketplace reached RMB3,920.2 million ($632.4 million) and grew 37.3% year-over-year.
- Dangdang had about 10.2 million active customerscounting about 4.1 million new customers, in the first quarter of 2015, representing enhances of 18% and 46%, respectively, from the corresponding period in 2014. Total orders for the first quarter of 2015 were about 21.3 million, a 29% enhance from the corresponding period in 2014.
- Mobile ordersaccounted for 41% of total orders for the first quarter of 2015, contrast to 14% for the corresponding period in 2014.
E-Commerce China Dangdang Inc. operates as a business-to-consumer e-commerce company in the People’s Republic of China. It primarily sells books, periodicals, electronic publications, consumer electronics, and audio-visual products through its Website dangdang.com. The company also sells general merchandise products, counting fashion and apparel; beauty and personal care products; home and lifestyle products; baby, children, and maternity products; apparel and accessories; and footwear, handbags, and luggage. In addition, it operates the dangdang.com marketplace program, which enables third-party merchants to sell general merchandise products.
Radian Group Inc (NYSE:RDN)’s shares dropped -0.48% to $18.53.
Radian Group Inc. (RDN) declared that Kelli Brookman, assistant vice president of Radian Guaranty’s National Training department was recently accepted into the Elite Women in Mortgage by Mortgage Professional America for 2015. Embodying the best and brightest in the mortgage industry, this year’s 50 honorees were selected from hundreds of peer-nominated candidates and represent professions ranging from marketing to business leadership to originations.
Radian Group Inc., through its auxiliaries, provides mortgage and real estate products and services in the United States. It operates through two segments, Mortgage Insurance, and Mortgage and Real Estate Services (MRES). The Mortgage Insurance segment provides credit-related insurance coverage, principally through private mortgage insurance that protects mortgage lenders from all or a portion of default-related losses on residential mortgage loans made to home buyers, in addition to facilitates the sale of these mortgage loans in the secondary mortgage market. It offers primary mortgage insurance coverage on residential first-liens.
At the end of Tuesday’s trade, Gannett Co., Inc. Common Stock When Issued (NYSE:GCI)‘s shares dipped -6.07% to $13.31.
Gannett Co., Inc. (GCI) will webcast a discussion of its second quarter 2015 operating results on Wednesday July 29, 2015 at 10:00 a.m. (ET). Gannett Chief Executive Officer Robert J. Dickey and Chief Financial Officer Alison K. Engel will discuss second quarter results. A news release detailing the results will be issued before the market opens on Wednesday July 29, 2015.
Gannett Co., Inc. operates as a multi-platform news and information company. Its operations comprise 100 daily publications and related digital platforms in the United States and the United Kingdom; and about 400 non-daily local publications in the United States and about 125 such titles in the United Kingdom.
Altera Corporation (NASDAQ:ALTR), ended its Tuesday’s trading session with 0.10% gain, and closed at $49.90.
Altera Corporation (ALTR) has developed a storage reference design, based on its Arria® 10 SoCs, that doubles the life of NAND flash and can enhance the number of program-erase cycles by up to 7X contrast to current NAND flash implementations. The reference design comprises an Arria 10 SoC with an integrated dual-core ARM® Cortex®A9 processor, in an optimized, cost-effective, single-chip solution, leveraging a solid-state disk (SSD) controller from Mobiveil and NAND optimization software from NVMdurance. This reference design provides improved performance and flexibility in NAND utilization while reducing the cost of the NAND array by increasing the lifetime of data center equipment.
Using FPGAs with integrated hard processor systems, designers can quickly take advantage of the cost savings offered by next-generation NAND devices while retaining the flexibility to customize a solution that maximizes the performance, durability and storage capacity of their system. This storage solution implements Mobiveil’s Universal NVM Express Controller (UNEX), a configurable controller for PCIe-based SSDs, and NVMdurance’s NAND flash optimization software in an Arria 10 SoC, enabling data centers to leverage the most advanced 3D NAND technology without the long design cycles required with ASIC designs.
Altera Corporation, a semiconductor company, designs and sells programmable logic devices (PLDs), HardCopy application-specific integrated circuit (ASIC) devices, power system-on-chip devices (PowerSoCs), pre-defined design building blocks, and associated development tools.
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