Nine Energy Service (NYSE:NINE) Stock

Nine Energy Service

Nine Energy Service Inc is a North American onshore completion and production services provider. It targets unconventional oil and gas resource development. It operates in one segment, Completion Solutions. The Completion Solutions segment offers cementing services; completion tools, including liner hangers and accessories, frac sleeves, fully composite frac plugs, and specialty open hole float equipment and centralizers and other services. It operates in the U.S, Canada, and other countries where majority of the revenue is generated from the United States.

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It&#39;s widely believed that insiders know how well a company is operating. Therefore, when insiders are actively buying their stock, it is assumed they must know something that&#39;s motivating them to buy shares. This belief

Bargains Galore? 3 Stocks With Insider Buying in the Millions

Nine Energy Service Inc

NINE ALLIANCE SCI & TECH by Nine Alliance Science & Technology Group

NINE DRAGONS PAPER HLDGS by Nine Dragons Paper Holdings Ltd.

Nine Dragons Paper (Holdings) Ltd

NINE DRAGONS P/H UNSP/ADR by Nine Dragons Paper Holdings Ltd.

NINE ENTMT CO HLDG ORD by Nine Entertainment Co. Holdings Ltd

Nine Entertainment Co. Holdings Ltd

NINE MILE METALS LTD by Nine Mile Metals Ltd.

Nine Mile Metals Ltd

Ninety One PLC

Nine Energy Service Inc (NYSE: <a class="ticker" href="/stock/nine#NYSE">NINE</a>)&nbsp;<a href="https://www.oilandgas360.com/nine-energy-services-launches-second-successful-oilfield-service-ipo-2018/">launched its initial public offering</a> in early 2018. Despite the stock losing nearly 10 percent since its IPO, one Wall Street analyst sees the potential for 70-percent upside.
<h3>
	The Analyst</h3>
Goldman Sachs&#39; <a href="https://www.tipranks.com/analysts/waqar-syed">Waqar Syed</a> initiated coverage of <a href="https://www.benzinga.com/stock/nine">Nine Energy Service&#39;s stock</a> with a Buy rating and $39.50 price target.
<h3>
	The Thesis</h3>
Nine Energy offers investors exposure to the &quot;rising complexity&quot; of <a href="http://www.benzinga.com/topic/shale">domestic shale wells</a>, but with a less capital-intensive business model, Syed said in the initiation note. (See the analyst&#39;s track record <a href="https://www.tipranks.com/analysts/waqar-syed">here</a>.)
The company&#39;s cementing and coiled tubing businesses are key advantages and benefit from longer lateral wells, Syed said. Nine&#39;s wireline and completion tools units benefit from higher frac storage count, a figure Goldman Sachs expects to increase by 33 percent in 2018 and 13 percent next year.
The company is &quot;under-earning&quot; and boasts the potential for &quot;significant&quot; margin improvements over time, Syed said. Nine&#39;s EBIT margins are still 2,000 basis points below its peak 2015 levels, but should expand 1,330 basis points through 2019, he said. By comparison, the average expansion rate projected across the pressure pumping sector is just 260 basis points.
Nine Energy is expected to generate an average return on assets of 10 percent through 2020, which is attractive versus its diversified small- and mid-cap&nbsp; service peers, which are on average expected to break even, the analyst said.&nbsp;
The stock is trading at 5x 2018 EV/EBITDA, which is a discount to SMID peers at 6.1x to 6.4x and even more of a discount to large-cap peers that trade in the 9.2x to 12.5x range. Goldman&#39;s $39.50 price target implies 70-percent upside and is based on a 5.5x multiple applied to its normalized EBITDA.
<h3>
	Price Action</h3>
Shares of Nine Energy Service were trading up more than 3 percent midday Tuesday.&nbsp;
<il>Related Links:</il>
<a href="https://www.benzinga.com/analyst-ratings/upgrades/18/02/11185547/benzingas-top-upgrades-downgrades-for-february-13-2018">Benzinga&#39;s Top Upgrades, Downgrades For February 13, 2018</a>
<a href="https://www.benzinga.com/news/18/02/11186557/mid-morning-market-update-markets-open-lower-pepsico-earnings-beat-expectations">Mid-Morning Market Update: Markets Open Lower; PepsiCo Earnings Beat Expectations</a>

Analyst Color

Price Target

Initiation

Analyst Ratings

Ninetowns Internet Technology Group Limited

NINE ENERGY SERVICE, INC.

Goldman Sachs Highlights Nine Energy's 'Significant' Margin Expansion Potential

<h3>
	Top Upgrades</h3>
<ul>
<li>
		Piper Jaffray upgraded Analog Devices, Inc. (NASDAQ: <a class="ticker" href="/stock/adi#NASDAQ">ADI</a>) from Neutral to Overweight.. Analog Devices shares rose 1.12 percent to $86.00 in pre-market trading.</li>
<li>
		Morgan Stanley upgraded Plains All American Pipeline, L.P. (NYSE: <a class="ticker" href="/stock/paa#NYSE">PAA</a>) from Equal-Weight to Overweight. Plains All American shares rose 0.86 percent to $22.25 in pre-market trading.</li>
<li>
		Barclays upgraded Celgene Corporation (NASDAQ: <a class="ticker" href="/stock/celg#NASDAQ">CELG</a>) from Equal-Weight to Overweight. Celgene shares rose 0.54 percent to $92.00 in pre-market trading.</li>
<li>
		Jefferies upgraded Forum Energy Technologies Inc (NYSE: <a class="ticker" href="/stock/fet#NYSE">FET</a>) from Hold to Buy. Forum Energy fell 2.55 percent to close at $11.45 on Monday.</li>
<li>
		Analysts at Keefe Bruyette &amp; Woods upgraded JPMorgan Chase &amp; Co. (NYSE: <a class="ticker" href="/stock/jpm#NYSE">JPM</a>) from Market Perform to Outperform. JPMorgan shares fell 0.24 percent to $111.47 in pre-market trading.</li>
<li>
		Analysts at Credit Suisse upgraded Quest Diagnostics Inc (NYSE: <a class="ticker" href="/stock/dgx#NYSE">DGX</a>) from Neutral to Outperform. Quest Diagnostics shares rose 0.71 percent to close at $99.07 on Monday.</li>
<li>
		KeyBanc upgraded Paycom Software Inc (NYSE: <a class="ticker" href="/stock/payc#NYSE">PAYC</a>) from Sector Weight to Overweight. Paycom Software shares rose 1.46 percent to close at $84.51 on Friday.</li>
<li>
		Analysts at Bank of America upgraded NetApp Inc. (NASDAQ: <a class="ticker" href="/stock/ntap#NASDAQ">NTAP</a>) from Neutral to Buy. NetApp shares gained 2.98 percent to $59.45 in pre-market trading.</li>
<li>
		Wedbush upgraded Beacon Roofing Supply, Inc. (NASDAQ: <a class="ticker" href="/stock/becn#NASDAQ">BECN</a>) from Neutral to Outperform. Beacon Roofing shares fell 0.87 percent to close at $54.59 on Monday.</li>
<li>
		Raymond James upgraded M.D.C. Holdings, Inc. (NYSE: <a class="ticker" href="/stock/mdc#NYSE">MDC</a>) from Market Perform to Outperform. M.D.C. Holdings shares rose 0.48 percent to close at $29.61 on Monday.</li>
</ul>
<h3>
	 
	Top Downgrades</h3>
<ul>
<li>
		Wells Fargo downgraded CSRA Inc (NYSE: <a class="ticker" href="/stock/csra#NYSE">CSRA</a>) from Outperform to Market Perform. CSRA shares fell 0.10 percent to $40.35 in pre-market trading.</li>
<li>
		Morgan Stanley downgraded Eversource Energy (NYSE: <a class="ticker" href="/stock/es#NYSE">ES</a>) from Overweight to Equal-Weight. Eversource Energy shares rose 0.95 percent to close at $57.53 on Monday.</li>
<li>
		Barclays downgraded Weatherford International Plc (NYSE: <a class="ticker" href="/stock/wft#NYSE">WFT</a>) from Overweight to Equal-Weight. Weatherford shares dropped 0.87 percent to close at $2.86 on Monday.</li>
<li>
		Bank of America downgraded AvalonBay Communities Inc (NYSE: <a class="ticker" href="/stock/avb#NYSE">AVB</a>) from Buy to Neutral. AvalonBay Communities shares fell 0.54 percent to close at $158.75 on Monday</li>
<li>
		Morgan Stanley downgraded BP plc (ADR) (NYSE: <a class="ticker" href="/stock/bp#NYSE">BP</a>) from Overweight to Equal-Weight. BP shares rose 0.13 percent to $39.92 in pre-market trading.</li>
</ul>
<h3>
	 
	Top Initiations</h3>
<ul>
<li>
		B. Riley initiated coverage on Health Insurance Innovations Inc (NASDAQ: <a class="ticker" href="/stock/hiiq#NASDAQ">HIIQ</a>) with a Buy rating. The price target for Health Insurance Innovations is set to $38. Health Insurance Innovations shares closed at $22.80 on Monday.</li>
<li>
		Analysts at Citic Securities initiated coverage on Tesla Inc (NASDAQ: <a class="ticker" href="/stock/tsla#NASDAQ">TSLA</a>) with a Buy rating. The price target for Tesla is set to $425. Tesla shares closed at $315.73 on Monday.</li>
<li>
		Piper Jaffray initiated coverage on Nine Energy Service, Inc. (NASDAQ: <a class="ticker" href="/stock/nine#NASDAQ">NINE</a>) with an Overweight rating. The price target for Nine Energy Service is set to $35. Nine Energy Service shares closed at $23.50 on Monday.</li>
<li>
		Morgan Stanley initiated coverage on ADT Inc. (NYSE: <a class="ticker" href="/stock/adt#NYSE">ADT</a>) with an Overweight rating. The price target for ADT is set to $18. ADT shares closed at $12.68 on Monday.</li>
<li>
		Analysts at RBC Capital initiated coverage on AmeriCold Realty Trust (NYSE: <a class="ticker" href="/stock/cold#NYSE">COLD</a>) with an Outperform rating. The price target for AmeriCold Realty Trust is set to $22. AmeriCold Realty Trust closed at $17.53 on Monday.</li>
<li>
		BTIG Research initiated coverage on Summit Therapeutics PLC (ADR) (NASDAQ: <a class="ticker" href="/stock/smmt#NASDAQ">SMMT</a>) with a Buy rating. The price target for Summit Therapeutics is set to $33. Summit Therapeutics shares closed at $10.80 on Monday.</li>
<li>
		Analysts at Mizuho initiated coverage on Spark Therapeutics Inc (NASDAQ: <a class="ticker" href="/stock/once#NASDAQ">ONCE</a>) with a Buy rating. The price target for Spark Therapeutics is set to $79. Spark Therapeutics shares closed at $54.08 on Monday.</li>
<li>
		Cowen &amp; Co. initiated coverage on Premier Inc (NASDAQ: <a class="ticker" href="/stock/pinc#NASDAQ">PINC</a>) with a Market Perform rating. The price target for Premier is set to $35. Premier shares closed at $31.75 on Monday.</li>
<li>
		Mizuho initiated coverage on AveXis Inc (NASDAQ: <a class="ticker" href="/stock/avxs#NASDAQ">AVXS</a>) with a Buy rating. The price target for AveXis is set to $147. AveXis shares closed at $111.90 on Monday.</li>
<li>
		Analysts at Ascendiant Capital initiated coverage on Novus Therapeutics Inc (NASDAQ: <a class="ticker" href="/stock/nvus#NASDAQ">NVUS</a>) with a Buy rating. The price target for Novus Therapeutics is set to $7. Novus Therapeutics closed at $3.15 on Monday.</li>
</ul>

Upgrades

Downgrades

Pre-Market Outlook

AVXS

BECN

CELG

COLD

CSRA

HIIQ

NTAP

NVUS

ONCE

PAYC

PINC

SMMT

TSLA

Benzinga's Top Upgrades, Downgrades For February 13, 2018

Bank of America initiates coverage on Nine Energy Service (NYSE:<a class="ticker" href="/stock/NINE#NYSE">NINE</a>) with a Buy rating and a $35.00 price target.

News

Bank of America Initiates Coverage On Nine Energy Service with Buy Rating, Announces $35.00 Price Target

JP Morgan initiates coverage on Nine Energy Service (NYSE:<a class="ticker" href="/stock/NINE#NYSE">NINE</a>) with a Overweight rating and a $33.00 price target.

JP Morgan Initiates Coverage On Nine Energy Service with Overweight Rating, Announces $33.00 Price Target

Goldman Sachs initiates coverage on Nine Energy Service (NYSE:<a class="ticker" href="/stock/NINE#NYSE">NINE</a>) with a Buy rating and a $39.50 price target.

Goldman Sachs Initiates Coverage On Nine Energy Service with Buy Rating, Announces $39.50 Price Target

PiperJaffray initiates coverage on Nine Energy Service (NYSE:<a class="ticker" href="/stock/NINE#NYSE">NINE</a>) with a Overweight rating and a $35.00 price target.

PiperJaffray Initiates Coverage On Nine Energy Service with Overweight Rating, Announces $35.00 Price Target

Credit Suisse initiates coverage on Nine Energy Service (NYSE:<a class="ticker" href="/stock/NINE#NYSE">NINE</a>) with a Outperform rating and a $29.00 price target.

Credit Suisse Initiates Coverage On Nine Energy Service with Outperform Rating, Announces $29.00 Price Target

<h3>
	Gainers</h3>
<ul>
<li>
		Forward Industries, Inc. (NASDAQ: <a class="ticker" href="/stock/ford#NASDAQ">FORD</a>) shares surged 137.9 percent to close at $2.95 on Friday after the company reported the acquisition of Intelligent Product Solutions.</li>
<li>
		NuCana PLC (ADR) (NASDAQ: <a class="ticker" href="/stock/ncna#NASDAQ">NCNA</a>) shares climbed 41.55 percent to close at $20.51 as the company announced plans to initiate a Phase 3 study of Acelarin in front-line advanced biliary tract cancer.</li>
<li>
		New Age Beverages Corporation (NASDAQ: <a class="ticker" href="/stock/nbev#NASDAQ">NBEV</a>) shares jumped 22.5 percent to close at $3.92 on Friday.</li>
<li>
		Bioblast Pharma Ltd. (NASDAQ: <a class="ticker" href="/stock/orpn#NASDAQ">ORPN</a>) shares gained 22.45 percent to close at $33.00.</li>
<li>
		Collegium Pharmaceutical, Inc. (NASDAQ: <a class="ticker" href="/stock/coll#NASDAQ">COLL</a>) shares jumped 15.69 percent to close at $23.38.</li>
<li>
		Checkpoint Therapeutics, Inc. (NASDAQ: <a class="ticker" href="/stock/ckpt#NASDAQ">CKPT</a>) shares gained 15.15 percent to close at $4.652 on Friday.</li>
<li>
		National Holdings Corporation (NASDAQ: <a class="ticker" href="/stock/nhld#NASDAQ">NHLD</a>) shares rose 14.7 percent to close at $3.98.</li>
<li>
		Rexahn Pharmaceuticals, Inc. (NYSE: <a class="ticker" href="/stock/rnn#NYSE">RNN</a>) shares gained 13.74 percent to close at $2.40.</li>
<li>
		Nine Energy Service, Inc. (NYSE: <a class="ticker" href="/stock/nine#NYSE">NINE</a>) shares rose 13.48 percent to close at $26.10.</li>
<li>
		ShiftPixy, Inc. (NASDAQ: <a class="ticker" href="/stock/pixy#NASDAQ">PIXY</a>) shares gained 12.98 percent to close at $3.83 on Friday.</li>
<li>
		Sientra, Inc. (NASDAQ: <a class="ticker" href="/stock/sien#NASDAQ">SIEN</a>) shares jumped 12.88 percent to close at $11.66 on Friday. Stifel Nicolaus upgraded Sientra from Hold to Buy.</li>
<li>
		Ocular Therapeutix Inc (NASDAQ: <a class="ticker" href="/stock/ocul#NASDAQ">OCUL</a>) rose 12.45 percent to close at $6.23. BTIG Research upgraded Ocular Therapeutix from Neutral to Buy.</li>
<li>
		Iovance Biotherapeutics, Inc. (NASDAQ: <a class="ticker" href="/stock/iova#NASDAQ">IOVA</a>) shares rose 11.17 percent to close at $10.70 on Friday.</li>
<li>
		Gridsum Holding Inc. (NASDAQ: <a class="ticker" href="/stock/gsum#NASDAQ">GSUM</a>) shares gained 9.3 percent to close at $12.58 on Friday.</li>
<li>
		Acorda Therapeutics Inc (NASDAQ: <a class="ticker" href="/stock/acor#NASDAQ">ACOR</a>) rose 8.8 percent to close at $27.20 amid M&amp;A chatter. The biopharmaceutical company that focuses on improving the lives of people with neurological disorders is reportedly being targeted for an acquisition by Biogen Inc (NASDAQ: <a class="ticker" href="/stock/biib#NASDAQ">BIIB</a>) or Belgian-based UcB.</li>
<li>
		PLx Pharma Inc (NASDAQ: <a class="ticker" href="/stock/plxp#NASDAQ">PLXP</a>) rose 8.2 percent to close at $6.60. Janney Capital initiated coverage on PLx Pharma with a Buy rating and a $14.00 price target.</li>
<li>
		Abercrombie &amp; Fitch Co. (NYSE: <a class="ticker" href="/stock/anf#NYSE">ANF</a>) gained 5.12 percent to close at $19.92. Argus upgraded Abercrombie &amp; Fitch from Hold to Buy.</li>
</ul>
<h3>
	 
	Losers</h3>
<ul>
<li>
		PAVmed Inc. (NASDAQ: <a class="ticker" href="/stock/pavm#NASDAQ">PAVM</a>) shares dipped 28.02 percent to close at $1.8282 on Friday after the company reported public offering of common stock.</li>
<li>
		Argos Therapeutics Inc (NASDAQ: <a class="ticker" href="/stock/args#NASDAQ">ARGS</a>) shares dropped 19.5 percent to close at $2.17 on Friday after dropping 16.429 percent percent on Thursday.</li>
<li>
		Obalon Therapeutics, Inc. (NASDAQ: <a class="ticker" href="/stock/obln#NASDAQ">OBLN</a>) slipped 14.66 percent to close at $5.24 after the company priced public offering of common stock.</li>
<li>
		OpGen, Inc. (NASDAQ: <a class="ticker" href="/stock/opgn#NASDAQ">OPGN</a>) shares dropped 14.19 percent to close at $3.31 on Friday.</li>
<li>
		CounterPath Corporation (NASDAQ: <a class="ticker" href="/stock/cpah#NASDAQ">CPAH</a>) shares fell 14.11 percent to close at $4.08.</li>
<li>
		MagneGas Corporation (NASDAQ: <a class="ticker" href="/stock/mnga#NASDAQ">MNGA</a>) shares slipped 13.81 percent to close at $3.58 on Friday.</li>
<li>
		ADT Inc (NYSE: <a class="ticker" href="/stock/adt#NYSE">ADT</a>) shares fell 11.5 percent to close at $12.39.</li>
<li>
		Netshoes (CAYMAN) Ltd (NYSE: <a class="ticker" href="/stock/nets#NYSE">NETS</a>) shares slipped 11.36 percent to close at $7.96.</li>
<li>
		The Rubicon Project Inc (NYSE: <a class="ticker" href="/stock/rubi#NYSE">RUBI</a>) dipped 10.27 percent to close at $2.01.</li>
<li>
		Sharing Economy International Inc (NASDAQ: <a class="ticker" href="/stock/seii#NASDAQ">SEII</a>) fell 9.77 percent to close at $5.82.</li>
<li>
		Recon Technology, Ltd. (NASDAQ: <a class="ticker" href="/stock/rcon#NASDAQ">RCON</a>) shares dropped 9.69 percent to close at $2.61.</li>
<li>
		Inphi Corporation (NYSE: <a class="ticker" href="/stock/iphi#NYSE">IPHI</a>) dropped 9.41 percent to close at $32.07. Morgan Stanley downgraded Inphi from Overweight to Equal-Weight, while Bank of America downgraded the stock from Buy to Neutral.</li>
<li>
		GNC Holdings Inc (NYSE: <a class="ticker" href="/stock/gnc#NYSE">GNC</a>) fell 9.13 percent to close at $4.78 on Friday after climbing 51.59 percent on Thursday.</li>
<li>
		Xplore Technologies Corp. (NASDAQ: <a class="ticker" href="/stock/xplr#NASDAQ">XPLR</a>) shares slipped 5.71 percent to close at $2.64. Xplore expects FY17 sales at the high end of its previously announced range of $75 million to $85 million. The company projects Q3 sales of $23.8 million.</li>
<li>
		International Business Machines Corp. (NYSE: <a class="ticker" href="/stock/ibm#NYSE">IBM</a>) slipped 4 percent to close at $162.37. IBM posted upbeat results for its fourth quarter, but issued FY18 EPS guidance below estimates.</li>
<li>
		Mueller Water Products, Inc. (NYSE: <a class="ticker" href="/stock/mwa#NYSE">MWA</a>) declined 3.75 percent to close at $11.82. Cowen &amp; Co. downgraded Mueller Water Products from Market Perform to Underperform.</li>
<li>
		McCormick &amp; Company, Incorporated (NYSE: <a class="ticker" href="/stock/mkc#NYSE">MKC</a>) slipped 3.61 percent to close at $99.19. Deutsche Bank downgraded McCormick from Hold to Sell.</li>
</ul>

Movers & Shakers

Markets

ACOR

ARGS

BIIB

CKPT

COLL

CPAH

FORD

GSUM

IOVA

IPHI

MNGA

NBEV

NCNA

NETS

NHLD

OBLN

OCUL

OPGN

ORPN

PAVM

PIXY

PLXP

RCON

RUBI

Sharing Economy International Inc. - Common Stock

SEII

SIEN

XPLR

34 Biggest Movers From Friday

IPOs

Nine Energy Shares Open For Trade At $24

Nine Energy Service Indicated $23.85 On 1M Shares

Nine Energy Service Shares Indicated $23 On 850K Shares

Nine Energy Service Indicated $23 On 460K Shares

Events

IPOs Expected Today From ADT (ADT), Americold Realty Trust (COLD), and Nine Energy Service (NINE)

<div>
	Nine Energy Service, Inc. (NYSE: <a class="ticker" href="/stock/nine#NYSE">NINE</a>) announced today the pricing of its initial public offering of 7,000,000 shares of its common stock at $23.00 per share. The shares are expected to begin trading on January 19, 2018 on the New York Stock Exchange under the ticker symbol &quot;NINE.&quot; Nine has granted the underwriters of the offering a 30-day option to purchase up to an additional 1,050,000 shares of Nine&#39;s common stock at the initial public offering price, less underwriting discounts and commissions. The offering is expected to close on January 23, 2018, subject to customary closing conditions.</div>
<div>
	&nbsp;</div>
<div>
	&nbsp;</div>
<div>
	J.P. Morgan, Goldman Sachs &amp; Co. LLC and Wells Fargo Securities are acting as joint book-running managers and as representatives of the underwriters for the offering. BofA Merrill Lynch and Credit Suisse are also acting as joint book-running managers for the offering.&nbsp;</div>

Offerings

Nine Energy Service Prices 7M Share IPO @$23/Share

Ninetowns Internet Technology Group (NASDAQ: <a class="ticker" href="/stock/nine#NASDAQ">NINE</a>) today announced the completion of the merger contemplated by the previously announced agreement and plan of merger dated January 29, 2014 (the "Merger Agreement"), among the Company, Ninetowns Holdings Limited ("Parent") and Ninetowns Merger Sub Limited ("Merger Sub"). As a result of the merger, the Company became a wholly owned subsidiary of Parent. 
 <a href="http://www.benzinga.com/pressreleases/14/05/n4595933/ninetowns-internet-technology-group-company-limited-announces-completio">See full press release</a>

Guidance

Global

Ninetowns Announces Completion of Merger 

Ninetowns Internet Technology Group (NASDAQ: <a class="ticker" href="/stock/nine#NASDAQ">NINE</a>) today announced that, at an extraordinary general meeting held today, the Company's shareholders voted in favor of the proposal to approve the previously announced agreement and plan of merger dated January 29, 2014 (the "Merger Agreement"), among the Company, Ninetowns Holdings Limited ("Parent") and Ninetowns Merger Sub Limited ("Merger Sub"), pursuant to which Merger Sub will be merged with and into the Company with the Company surviving the merger as a wholly owned subsidiary of Parent (the "Merger"). Of the Company's ordinary shares entitled to vote at the extraordinary general meeting, approximately 86.3% of such ordinary shares were voted in person or by proxy at today's meeting. The proposal to approve the Merger Agreement and the transactions contemplated thereby, including the Merger, received approval from (i) holders of approximately 97.6% of the ordinary shares present and voting in person or by proxy as a single class at the extraordinary general meeting and (ii) approximately 96.5% of the ordinary shares held by shareholders (excluding the shareholders who are members of the buyer
 <a href="http://www.benzinga.com/pressreleases/14/05/n4591383/ninetowns-internet-technology-group-company-limited-announces-sharehold">See full press release</a>

Ninetowns Internet Technology Group Announces Shareholder Approval of Merger Agreement 

China Zenix Auto International Limited (NYSE: <a class="ticker" href="/stock/zx#NYSE">ZX</a>) ("Zenix Auto" or "the Company") the largest commercial vehicle wheel manufacturer in China in both the aftermarket and OEM market by sales volume, is pleased to announce today that Mr. Martin Cheung has been appointed as the Chief Financial Officer effective immediately. 
 <a href="http://www.benzinga.com/pressreleases/14/03/n4369464/china-zenix-appoints-new-chief-financial-officer-and-vice-president-fin">See full press release</a>

Management

China Zenix Names Martin Cheung as CFO

Ninetowns Shares Halted to Announce Go-Private Deal at $1.80/Share

KONE

Ninetowns Internet Technology Shares Moving Higher; Apparently in Sympathy with KONE

Oclaro (NASDAQ: <a class="ticker" href="/stock/oclr#NASDAQ">OCLR</a>) is estimated to post a Q4 loss at $0.36 per share on revenue of $136.75 million.

Napco Security Technologies (NASDAQ: <a class="ticker" href="/stock/nssc#NASDAQ">NSSC</a>) is expected to report its Q4 earnings.

Ninetowns Internet Technology Group Company (NASDAQ: <a class="ticker" href="/stock/nine#NASDAQ">NINE</a>) is projected to post its first-half results.

Earnings

NSSC

OCLR

Earnings Scheduled For September 16, 2013

Press Releases

Nine Energy Service Announces Fourth Quarter and Full Year 2023 Results

Nine Energy Service Announces Timing of First Quarter 2024 Earnings Release and Conference Call

Nine Energy Service Announces First Quarter 2024 Results

Nine Energy Service Announces Timing of Second Quarter 2024 Earnings Release and Conference Call

Nine Energy Service Announces Second Quarter 2024 Results

Emerging Giants: AI-Driven Innovators Under $2 Set to Transform Markets INBS, PRSO, LPSN, PACB, NINE

Nine Energy Service Announces Timing of Third Quarter 2024 Earnings Release and Conference Call

Nine Energy Service, Inc. Receives Notice from NYSE Regarding Continued Listing Requirements

Nine Energy Service Announces Third Quarter 2024 Results

Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

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