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Latest Xinhua Finance Media Stories

2010-12-13 01:47:00

BEIJING, Dec. 13, 2010 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited ("XSEL" or the "Company"; Nasdaq: XSEL), a leading sports and entertainment group in China, today announced the shareholders' resolutions adopted at its annual general meeting held in Beijing. XSEL shareholders adopted the following resolutions proposed by the Company: Approval of the election of Hsu Shan-Ko to serve on the board of directors until his successor is duly elected or...

2010-12-06 19:00:00

BEIJING, Dec. 6, 2010 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited (the "Company" or "XSEL") (Nasdaq: XSEL), a leading sports and entertainment group in China, today announced its unaudited financial results for the first half year ended June 30, 2010. First Half Year 2010 Highlights Net revenue was $27.1 million (excluding discontinued operations) Adjusted EBITDA was $0.9 million Net loss attributable to XSEL was $0.3 million First Half Year 2010...

2010-11-23 02:40:00

BEIJING, Nov. 23, 2010 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited ("XSEL", Nasdaq: XSEL), a leading sports and entertainment media company in China, today announced that it will release its financial results for the first six months of 2010 ended June 30, 2010 on Wednesday December 6, 2010 after the US markets close. XSEL's earnings release and related materials will be available on the investor relations page of its website at www.xsel.com/earnings....

2010-11-08 02:40:00

BEIJING, Nov. 8, 2010 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited (Nasdaq: XSEL; the "Company" or "XSEL") announced today that it has changed its independent auditor for the year ending December 31, 2010 from Deloitte Touche Tohmatsu ("Deloitte") to UHY International. Deloitte audited XSEL's financial statements for each of the previous three years. The change was driven by fee considerations and approved by XSEL's audit committee and full board of directors....

2010-11-05 03:50:00

BEIJING, Nov. 5, 2010 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited, (Nasdaq: XSEL; "XSEL", or the "Company"), today announced that it will convene its annual general meeting on Wednesday, December 8, 2010 at 10:00 a.m. (Beijing time). Holders of record of ordinary shares of the Company at the close of business on November 2, 2010 are entitled to notice of, and to vote at, the annual general meeting or any adjournment or postponement thereof. Holders of the...

2010-10-14 04:06:00

BEIJING, Oct.14 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited (Nasdaq: XSEL) today announced that, on October 12, 2010, following a hearing held in September 2010 before a NASDAQ Listing Qualifications Panel (the "Panel"), the Panel granted the Company's request for an extension of time, as permitted under NASDAQ's Listing Rules, to regain compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Stock Market. The Panel's...

2010-08-09 05:24:00

BEIJING, Aug. 9 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited (Nasdaq: XSEL), ("XSEL" or the "Company") today announced that, on August 5, 2010, the Company was notified by the Staff of The NASDAQ Stock Market LLC that it has not regained compliance with the minimum $1.00 bid price requirement set forth in Listing Rule 5450(a)(1). As a result, the Company's ADSs would be subject to delisting from The NASDAQ Global Market unless the Company requests a hearing...

2010-07-19 22:21:00

BEIJING, July 19 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited ("XSEL" or "the Company") (Nasdaq: XSEL), a leading media group in China, announced today that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2009 with the U.S. Securities and Exchange Commission (the "SEC") on July 15, 2010. The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's website at http://www.xsel.com ....

2010-07-14 02:56:00

BEIJING, July 14 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited (Nasdaq: XSEL), announced today that it has entered into an agreement (the "Amendment") to restructure the terms of its secured convertible loan facility with affiliates of Patriarch Partners LLC ("Patriarch"), a global investment firm based in New York. Under the terms of the Amendment, the Company repaid $16,343,960, and Patriarch agreed to lend the Company an additional $7.6 million...

2010-05-19 04:45:00

BEIJING, May 19 /PRNewswire-Asia-FirstCall/ -- Xinhua Sports & Entertainment Limited ("XSEL" or the "Company"; Nasdaq: XSEL), a leading media group in China, has entered into an agreement to sell the entirety of its equity interest in two of its print advertising companies, Beijing JinGuan XinCheng Advertising Co., Ltd and Beijing Jingshijinguan Co., Ltd, to an independent, non-affiliated purchaser. "This transaction will provide the Company with significant capital which we...


Word of the Day
tessitura
  • The prevailing range of a vocal or instrumental part, within which most of the tones lie.
This word is Italian in origin and comes from the Latin 'textura,' web, structure.