According to the agreement, CNCT
will distribute pre-paid calling cards through magazine stalls in Guangzhou City of China since September 24 onwards.
Here is a synopsis of why CNCT
and PGN have a Zacks Rank of 4 (Sell) and should also most likely be sold or avoided for the next one to three months.
Tickers featured: AKN, BRL, CGPI, CNCT
, DRRX, ELN, ENDP, PHRM, PPCO, SCRX, SEPR, SLXP, SNTS, TEVA.
) (the "Company", "CNCT
") announced today that it has signed a memorandum of understanding with Global Travelnet Guangzhou Limited on Dec 1, 2012 for cross-selling collaboration to sell CNCT
's pre-paid calling cards through Global Travelnet's online stores and to sell Global Travelnet's travel products through the magazine stalls under contract with CNCT
Tickers featured: AGN, BSX, BTRX, BVF, CNCT
, ENDP, FRX, GDT, IMDC, IVX, JNJ, MNT, MRX, PFE, PPCO, SEPR, TEVA.