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The law firm of Berman DeValerio filed a securities class action lawsuit today against Yuhe International, Inc.
The Rosen Law Firm, P.A.
As the China-stock fraud scandal continues to widen, bulge-bracket banks and blue-chip fund managers are getting swept along for the ride.
Yuhe International (Nasdaq:YUII) has been downgraded by TheStreet Ratings from from a hold to sell.
Yet another Chinese small-cap stock -- Yuhe International -- is halted on Friday.
Shares of Yuhe International (Nasdaq:YUII) were gapping down Thursday morning with an open price 15.7% lower than Wednesday's closing price. The stock closed at $4.08 yesterday and opened today's trading at $3.44.
Shares of Yuhe International (Nasdaq:YUII) were gapping up Friday morning with an open price 26.6% higher than Thursday's closing price. The stock closed at $3.87 yesterday and opened today's trading at $4.90.
China Marine Food, Yuhe and China New Borun are food stocks with huge potential upside in the next year.
Yuhe International (Nasdaq:YUII) has been downgraded by TheStreet Ratings from from a buy to hold.
General Mills is among the food and beverage stocks that received highest buy ratings.
Wheat led the gains in grain prices Wednesday after a major purchase by Algeria's state grain-buying unit.
Analysts predict plenty of upside for these 10 food stocks as food prices continue to rise.
The latest accounting blow-up from a Chinese stock once again raises the issue for investors of whether Chinese stocks are too risky.
MF Global announces a $150 common stock offering, sending shares 12% lower.
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