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Stock Market & Financial Investment News

News Breaks
February 3, 2014
14:54 EDTIBM, AMZN, MSFT, YHOOAlibaba cloud unit considering data center in U.S., Nikkei says
Alibaba's cloud computing unit may establish a data center abroad, possibly in the U.S. or Southeast Asia, putting it in competition with cloud services leader Amazon.com (AMZN) and others like IBM (IBM) and Microsoft (MSFT), reported Nikkei Asian Review. Note that Yahoo (YHOO) has a significant stake in Alibaba. Reference Link
News For AMZN;YHOO;MSFT;IBM From The Last 14 Days
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November 11, 2014
16:01 EDTAMZNOptions Update; November 11, 2014
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13:08 EDTIBMIBM CFO says not looking for big, transformative acquisitions
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12:09 EDTMSFTRackspace soars after Q3 results top estimates, $500M share buyback plan
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12:02 EDTYHOOYahoo could create $19 in shareholder value, says Wolfe Research
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10:44 EDTYHOOAlibaba Chairman Ma thinks Yahoo 'happy' with company performance
Alibaba (BABA) Chairman Jack Ma says his company must focus on itself, not on Yahoo (YHOO), but he believes Yahoo is happy with Alibaba's performance. Ma is speaking on CNBC.
10:27 EDTYHOOAlibaba sets Singles' Day record, analysts start coverage with upbeat notes
Chinese e-commerce giant Alibaba (BABA) generated record sales during the Chinese Singles Day holiday and a number of research firms initiated coverage of the stock with upbeat notes. WHAT'S NEW: Alibaba announced that a record $8B of products had been sold on its website with a few hours left in the Chinese Singles' Day holiday. Many Chinese citizens buy gifts on e-commerce websites during the holiday. During last year's festival, $5.7B of products were purchased on Alibaba's websites. ANALYST INITIATIONS: Oppenheimer analyst Ella Ji initiated coverage of Alibaba with an Outperform rating in a note to investors last night. Alibaba's ecosystem will make it difficult for competitors to challenge it for a long time, Ji believes. The ecosystem also boosts Alibaba's revenue growth and margins, according to the analyst. The e-commerce giant's strong brand, along with its large and loyal customer base, help make it one of the best-positioned companies in the Chinese Internet space, contended the analyst. He predicted that its revenue and profits will grow at a compound annual growth rate of 34% and 32%, respectively, from fiscal 2014 to fiscal 2019. The analyst set a $133 price target on the shares. HSBC earlier today initiated coverage of Alibaba with an Overweight rating. WHAT'S NOTABLE: Needham yesterday afternoon raised its price target for Yahoo (YHOO) shares to $55, citing higher than previously expected trading values for Alibaba. The firm believes Yahoo shares are pricing in negative 6% EBITDA growth for the company, which it views as too pessimistic. Needham, which expects positive EBITDA growth for Yahoo, kept a Buy rating on the stock. PRICE ACTION: In early trading, Alibaba fell 2.6% to $116 per share. However, the stock has risen nearly 18% in the last five days.
09:37 EDTAMZNeBay October SSS up 4.4%, Amazon SSS up 32.4%, ChannelAdvisor says
ChannelAdvisor released October same-store sales data for eBay (EBAY) and Amazon (AMZN) in a blog post. The research company reported eBay's October SSS growth came in at 4.4%, down from September's 8.9% and below the e-commerce growth rate of about 15% reported by ComScore. Amazon's October SSS growth came in at 32.4%, which was a decrease compared to August's 37.9% rate, ChannelAdvisor stated. Reference Link
08:38 EDTYHOOYahoo price target raised to $55 from $48 at Needham (yesterday)
Needham yesterday afternoon raised its price target for Yahoo (YHOO) shares to $55 citing higher than previously expected trading values for Alibaba (BABA). The firm believes Yahoo shares are pricing in negative 6% EBITDA growth for the company, which it views as too pessimistic. Needham expects positive EBITDA growth for Yahoo and keeps a Buy rating on the stock.
06:03 EDTAMZNQ4 global tablet shipments estimated at 74.5M units, DigiTimes reports
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05:59 EDTMSFTMicrosoft unveils first Lumia smartphone without Nokia name
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November 10, 2014
17:40 EDTYHOOYahoo could go higher, Barron's says
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16:40 EDTMSFTRackspace says joined Microsoft Cloud OS Network
Rackspace (RAX) said it expanded its Managed Private Cloud product portfolio and joined the Microsoft (MSFT) Cloud OS Network, adding Fanatical Support for the Microsoft Cloud Platform. It stated, "This includes expertise and support for Windows Server with Hyper-V, System Center and Azure Pack. The offering is now in general availability in all U.S. data centers providing customers with SLA-backed management across the underlying infrastructure, guest operating systems, and select applications including Microsoft Exchange, SharePoint and Lync."
16:00 EDTYHOOOptions Update; November 10, 2014
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15:57 EDTMSFTWorldwide Business Research to hold a conference
ProcureCon for Digital & Marketing Services 2014 is being held in San Antonio on November 11-13.
15:44 EDTAMZNAmazon Web Services to hold a conference
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11:39 EDTYHOOStocks with call strike movement; YHOO NEM
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10:28 EDTIBMIBM announces collaboration with with NVIDIA and Julich Supercomputing
IBM (IBM), in collaboration with NVIDIA (NVDA), and the Julich Supercomputing Center, part of the largest research center in Germany, announced plans for a new competency center to advance the creation and optimization of research applications on GPU-accelerated OpenPOWER compatible systems.
07:23 EDTMSFTRBC Capital to hold a conference
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07:12 EDTIBMCA Technologies to hold a conference
CA World 2014 is being held in Las Vegas on November 9-12.
November 8, 2014
14:03 EDTAMZNJefferies software and internet analysts hold a dinner meeting
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