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Friday, February 12 2016 7:15am ET - U.S. Markets open in 2 hours and 15 minutes.
Industry Center
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Today's Top Performing Industry
Networking & Communication Devices
Composite Value: 1016.2
Today's Change: +7.92%
S&P 500: -1.23%
chart for
[Networking & Communication Devices (^YHOh882)]
TechFaith Announces ADS Ratio Change
1 hour, 15 minutes ago (PR Newswire)
BEIJING, Feb. 12, 2016 /PRNewswire/ -- China TechFaith Wireless Communication Technology Limited (CNTF) ("TechFaith" or the "Company") today announced that it will change the ratio of its American Depositary Shares ("ADSs") to ordinary shares, par value US$0.01 per share ("Shares") from one (1) ADS to fifteen (15) ordinary shares to one (1) ADS to seventy-five (75) ordinary shares (the "Ratio Change"), effective on March 1, 2016. For TechFaith's ADS holders, the Ratio Change will have the same effect as one-for-five reverse ADS split. Each TechFaith's ADS holder of record at the close of business on March 1, 2016 will be required to exchange every five (5) ADSs then held for one (1) new ADS.
Today's Industry Highlights
Top Performing Industries% Change
Networking & Communication Devices +7.92%
Communication Equipment +4.28%
Gold +4.13%
Silver +3.74%
Industrial Metals & Minerals +3.43%
View Leaders & Laggards...
Worst Performing Industries % Change
Closed-End Fund - Foreign -9.35%
Appliances -4.20%
Foreign Regional Banks -4.10%
Photographic Equipment & Supplies -3.80%
Basic Materials Wholesale -3.76%
View Leaders & Laggards...
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Leaders & Laggards
Highest Dividend Yield
Medical Practitioners 22.30%
Highest Market Capitalization
Money Center Banks $2348110.0 B
Highest Net Profit Margin (mrq)
Real Estate Development 38.70%
Highest P/E Ratio
Catalog & Mail Order Houses 955.60
Highest Return on Equity
Auto Parts Stores 76.50%

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