FSIN
Fushi Copperweld, Inc.NASDAQ
FSIN is defunct since December 27, 2012. Acquired by Green Dynasty Limited
  • Dec. 26, 2012, 9:02 AM

    The delayed "going private" deal for Fushi Copperweld (FSIN) looks to finally be closing with the company announcing its completion today and requesting the cessation of trading in its shares prior to tomorrow's open. Shares +1.1% premarket to $9.43 (deal price is $9.50). (PR)

    | Dec. 26, 2012, 9:02 AM
  • Jun. 29, 2012, 9:16 AM
    Premarket gainers: STZ +18%. SWHC +13%.
    AMPE +12%. NBG +14%. FSIN +13%. PCX +9%. KBH +9%. ING +8%. LXRX +8%. IRE +7%. BBVA +7%. DB +7%. IVN +7%. MTG +7%. ALU +7%. GSS +6%. LNCR +5%. RIO +6%. ATPG +6%. MT +6%. HZNP +6%. SAN +6%. CLNE +6%. STM +6%. CS +6%. BBL +5%. GALE +5%. OREX +7%. SI +5%. VALE +5%. BHP +5%.
    Losers: RIMM -14%. NKE -10%. TMH -7%. SPPI -6%.
    | Jun. 29, 2012, 9:16 AM | 1 Comment
  • Jun. 28, 2012, 5:35 PM

    Fushi Copperweld (FSIN) agrees to sell itself to its Chairman and Co-Chief Executive Officer, Mr. Li Fu, and Abax Global Capital for $9.50 per share in cash. Shares last traded at $7.85 and are currently halted.

    | Jun. 28, 2012, 5:35 PM | 1 Comment
  • May 3, 2012, 9:36 AM
    Fushi Copperweld (FSIN): Q1 EPS of $0.13 in-line. Revenue of $62.1M (-5.8% Y/Y). (PR)
    | May 3, 2012, 9:36 AM
  • Apr. 11, 2012, 4:29 PM

    Fushi Copperweld (FSIN) comments on a negative report issued by Muddy Waters, saying it flatly denies the "vague and non-specific" claims made by the short seller. For the week shares of FSIN are off a tepid 4.5%, indicating that bulls may be holding the fort.

    | Apr. 11, 2012, 4:29 PM
  • Apr. 10, 2012, 1:22 PM

    Watch out below? Muddy Waters lines up Fushi Copperweld (FSIN +2.2%) in its sights as the next China-based company with possible links to fraud. Share took a dip lower after the report was released, but are still in positive territory - adding a bit more to the theory that the once-powerful Muddy Waters Effect may be fading (previous).

    | Apr. 10, 2012, 1:22 PM | 1 Comment
  • Mar. 8, 2012, 6:49 PM

    More on Fushi Copperweld (FSIN): Q4 misses on all counts. Gross profit declined Y/Y on lower sales volumes and higher raw material prices. The company also guides its FY12 lower, now seeing its EPS between $0.76 - $0.86 versus the Street view of $1.13. Shares -3.5% AH.

    | Mar. 8, 2012, 6:49 PM
  • Mar. 8, 2012, 4:39 PM
    Fushi Copperweld (FSIN): Q4 EPS of $0.15 misses by $0.07. Revenue of $68.2M (-2.4% Y/Y) misses by $2M. Shares -6.1% AH. (PR)
    | Mar. 8, 2012, 4:39 PM
  • Dec. 28, 2011, 5:06 PM

    Chinese wire manufacturer Fushi Copperweld (FSIN) rises 10.3% AH, to $8.23, after a group of investors that includes co-CEO Li Fu lift their buyout offer for the company by $0.25/share, to $9.50/share. More than the increase in the buyout price, Fushi shares appear to be rallying on account of the new offer raising investor hopes that a deal will actually go through. (November offer)

    | Dec. 28, 2011, 5:06 PM
  • Dec. 5, 2011, 9:10 AM

    Premarket gainers: SFSF +51%. AFFY +27%. TLEO +16%. FRO +15%. AGO +13%. LYG +13%. ING +7%. STD +5%. IL +5%. RDN +4%. RIG +4%. IRE +4%. CMVT +4%. MT +4%. CPST +3%. BAC +4%. BCS +4%. JEF +4%. CS +4%. CLF +4%. MS +3%. RTK +3%. RF +3%. AKS +3%. C +3%. SD +3%. X +3%. CRM +3%. S +3%. AMR +3%. VE +3%. JPM +3%. PHG +3%. MGM +3%. SINA +3%.
    Losers: REGN -8%. FSIN -6%.

    | Dec. 5, 2011, 9:10 AM
  • Dec. 5, 2011, 8:45 AM

    Fushi Copperweld (FSIN) -6.2% premarket after Abax Global Capital terminates its $9.25/share going-private offer for the company after failing to receive a response, according to an SEC filing.

    | Dec. 5, 2011, 8:45 AM
  • Nov. 21, 2011, 12:10 PM

    Fushi Copperweld's (FSIN -2.3%) dips after it's Special Committee says it's received a revised, lower proposal from Abax Global Capital. Abax is now bidding $9.25 per share in cash, lower than the original $11.50 per share proposal previously submitted.

    | Nov. 21, 2011, 12:10 PM
  • Nov. 3, 2010, 9:43 AM

    Fushi Copperweld's (FSIN +18.5%) U.S.-listed shares surge after the Chinese firm says it has received an offer from Abax Global Capital to go private for $11.50/share. (PR)

    | Nov. 3, 2010, 9:43 AM
  • Jan. 27, 2010, 9:10 AM

    Premarket gainers: MNI +19%. ME +18%. SANM +16%. PXP +9%. BRK +8%. ROK +7%. KT +7%. GILD +6%. ALTR +5%. TEL +5%. GNVC +5%. F +4%. APC +4%. AAI +4%. UAUA +4%.
    Premarket losers: TSFG -18%. HERO -11%. FSIN -5%. CAT -5%. CX -4%.

    | Jan. 27, 2010, 9:10 AM