Key Developments: Cogo Group Inc (COGO.O)
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18 Jun 2013
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Latest Key Developments (Source: Significant Developments)
Cogo Group Inc Appoints New Chief Financial Officer
Cogo Group Inc announced the appointment of Andy Liu as Chief Financial Officer and Director of the Board, effective September 23, 2012. Mr. Liu replaces Frank Zheng, who resigned from his position as Chief Financial Officer and a Director of the Company. Mr. Zheng will continue with the Company as an advisor. Full Article
Cogo Group Inc Suspends Q4 2011 Guidance
Cogo Group Inc announced the continued tightening of credit in China, particularly as it relates to the Small and Medium Enterprise Markets (SME), has materially reduced its visibility into its various end markets. Consequently, the Company will suspend providing guidance for the fourth quarter of 2011, although the Company plan to remain profitable. Full Article
Cogo Group Inc Issues Q3 2011 Mixed Guidance
Cogo Group, Inc. announced that for the third quarter of 2011, it expects $130-$140 million in revenue and non-GAAP EPS diluted of $0.15-$0.16. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $124 million and EPS of $0.24 for the third quarter of 2011. Full Article
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