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Press Releases

Asia markets shrug off Trump concerns to climb higher

Asia markets were higher on Tuesday as investors shrugged off the disappointment from the current U.S. administration's ability to push through reforms.

Source: CNBC.com

Taiwan company says name used in $100 million email fraud

VILNIUS/ TAIPEI, March 28- Taiwan- based electronics manufacturer Quanta Computer Inc has acknowledged that its name was used as part of an email fraud scheme that bilked two U.S.-based internet companies out of more than $100 million. He was arrested this month in Lithuania at the request of U.S. authorities and is currently in jail there. Rimasauskas' alleged...

Source: Reuters

Brazil meat scandal fuels calls for U.S. ban on Brazilian raw beef

CHICAGO, March 27- A cadre of U.S. lawmakers and food safety advocates are pressuring the federal government to join other nations blocking shipments of raw beef from Brazil in the face of a scandal in that country's meatpacking sector. The United States has already started testing all beef from Brazil for pathogens. A box of meat imported from Brazil now would be...

Source: Reuters

This could hurt the South Korean economy

Emily Dabbs, economist at Moody's Analytics, says tensions between China and South Korea could pose downside risk to the latter's economy.

Source: CNBC.com

IMPORTANT SHAREHOLDER ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against USANA Health Sciences, Inc. and Encourages Investors with Losses to Contact the Firm

IRVINE, Calif.---- Khang& Khang LLP announces a class action lawsuit against USANA Health Sciences, Inc.. The complaint alleges that during the Class Period, USANA made materially false and/or misleading statements and/or failed to disclose that: the Company’ s BabyCare Ltd. subsidiary engaged in improper reimbursement practices in China; that these practices...

Source: Business Wire

Virgin Atlantic braced for losses in 2017 as headwinds pick up

Chief Executive Craig Kreeger put the impact on profits of Britain's decision to leave the European Union at around 50 million pounds after the carrier reported a 2 percent increase in underlying pretax profit for 2016 to 23 million pounds. Virgin Atlantic, which is owned by founder Richard Branson's Virgin Group with 51 percent and U.S. carrier Delta Air...

Source: Reuters

Cramer's lightning round: Tread carefully with this health-care play

Jim Cramer sped through his take on caller favorite stocks at lightning speed.

Source: CNBC.com

Chinacache reports 4Q loss

BEIJING _ ChinaCache International Holdings Ltd. on Monday reported a loss of $22.3 million in its fourth quarter. On a per-share basis, the Beijing- based company said it had a loss of 80 cents. Chinacache expects full-year revenue in the range of $170 million to $178.6 million.

Source: The Associated Press

ChinaCache International Holdings Ltd. Announces Fourth Quarter and Full Fiscal Year 2016 Financial Results

BEIJING, March 27, 2017-- ChinaCache International Holdings Ltd., a leading total solutions provider of Internet content and application delivery services in China, today announced its unaudited condensed consolidated financial results for the fourth quarter and full fiscal year ended December 31, 2016.. Song Wang, Chairman and Chief Executive Officer of...

Source: Globe Newswire

Q1 2017 Financial and Operational Results Release Date and Conference Call

VANCOUVER, March 27, 2017/ PRNewswire/- Eldorado Gold Corporation will release its Q1 2017 Financial and Operational Results after the market closes on Thursday April 27, 2017 and will host a conference call on Friday April 28, 2017 at 8:30 am PT. The call will be webcast and can be accessed at Eldorado Gold' s website: www.eldoradogold.com.

Source: PR Newswire