On Air Now

Current Show

Jerry Bader   9:00 AM - 11:00 AM

Call The Jerry Bader Show at 1-888-455-1360

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
61° Feels Like: 61°
Wind: S 8 mph Past 24 hrs - Precip: 0.17”
Current Radar for Zip

Today

Scattered Thunderstorms 83°

Tonight

Thunderstorms 64°

Tomorrow

Showers 73°

Alerts

U.S.-listed Chinese firms drop after news of DOJ probe

NEW YORK (Reuters) - Shares of U.S.-listed Chinese companies fell on Thursday after a top securities regulator said U.S. criminal authorities are investigating accounting irregularities at Chinese companies listed on U.S. stock exchanges.

Among companies that fell, Sohu.com Inc dropped 7.8 percent to $48.99, Baidu Inc lost 6 percent to $114, China Sky One Medical Inc declined 7.6 percent to $2.19, while Sina Corp fell 8 percent to $74.60.

"There are parts of the Justice Department that are actively engaged in this area," Robert Khuzami, director of enforcement at the U.S. Securities and Exchange Commission, told Reuters in an interview conducted this week and published on Thursday.

(Editing by Padraic Cassidy)

Comments