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News Breaks
August 12, 2014
07:20 EDTBABA, BURBY, ELAlibaba seen luring more luxury brands to Tmall, WSJ says
Some big luxury brands have shied away from Alibaba's (BABA) Tmall site because of steep discounting, but Burberry (BURBY) and Estee Lauder (EL) opened storefronts there this year and a number of analysts say that it is only a matter of time before more big names in luxury join, said The Wall Street Journal. Reference Link
News For BABA;EL;BURBY From The Last 14 Days
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May 15, 2015
12:13 EDTBABAThird Point gives quarterly update on stakes
NEW STAKES: Yum! Brands (YUM), NXP Semiconductors (NXPI), FedEx (FDX), McKesson (MCK), and J M Smucker (SJM). INCREASED STAKES: Actavis (ACT), Roper Technologies (ROP), Delta Air Lines (DAL), and FleetCor Technologies (FLT). DECREASED STAKES: Ally Financial (ALLY), Amgen (AMGN), Phillips 66 (PSX), eBay (EBAY), and Anheuser Busch Inbev SA (BUD). LIQUIDATED STAKES: Alibaba Group (BABA), Citigroup (C), EMC Corporation (EMC), Anglo American (AAL), and Williams Companies (WMB).
05:55 EDTBABANetflix in talks to enter China's online video market, Bloomberg reports
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May 14, 2015
16:36 EDTBABAWeibo sees Q2 revenue $102M-$105M, consensus $111.39M
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16:00 EDTBABAOptions Update; May 14, 2015
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14:37 EDTBABALenovo rumored to plan Smart TV venture with Alibaba, Marbridge Daily says
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07:11 EDTBABAAlibaba announces strategic investment in YTO Express
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06:22 EDTBABAAlibaba's new CEO says company 'must absolutely globalize,' WSJ reports
Daniel Zhang, who was named CEO of Alibaba last week, said the company will prioritize overseas expansion, focusing on cross-border sales and hiring, The Wall Street Journal reports, citing comments made to employees at a strategy meeting. Zhang says that the company "must absolutely globalize and it must be a successful effort." Reference Link
May 13, 2015
10:32 EDTBABAPac-12 Conference and Alibaba announce partnership for upcoming game in China
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09:39 EDTBABAActive equity options trading on open
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07:06 EDTBABAAlibaba, Wal-Mart partner on consumer payments, China Daily reports
Alibaba (BABA) announced that it would partner with Wal-Mart (WMT) in China on consumer bill payments, according to China Daily. Under the deal, 25 Wal-Mart stores in the city of Shenzhen will enable consumers to pay their bills through Alibaba's payment service, and the arrangement will be gradually expanded to all of Wal-Mart's stores in China, the newspaper stated. Reference Link
06:55 EDTBABAInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link
05:38 EDTBABAAlibaba announces partnership with Disney
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May 12, 2015
09:38 EDTBABAActive equity options trading on open
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07:41 EDTBABAApple CEO says holding talks about Apple Pay with Alibaba, Reuters reports
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06:45 EDTBABAFunds backed by Jack Ma, Pony Ma bought up to $200M in Fosun sale, WSJ says
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05:44 EDTBABAMeraas signs deal with Alibaba's Aliyun to boost big data services
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05:42 EDTBABACainiao launches there-hour delivery service in five major Chinese cities
Cainiao, the logistics affiliate of Alibaba, unveiled a swift delivery service in five Chinese cities, including Beijing, Shanghai, Guangzhou, Hangzhou and Tianjin, that will deliver products to consumers within three hours after they place their orders. The logistics service will initially cover healthcare products ordered from Tmall.com but will be gradually expanded to cover other product categories. By the end of 2015, Cainiao plans to expand this service to 14 other major cities including Shenzhen, Nanjing, Chongqing, Wuxi, Qingdao, Shenyang and Xi’an, bringing the total number of cities covered by this innovative service to 19. At the initial launch, Cainiao has teamed up with more than 1,500 drugstores from five pharmacy chains that have flagship storefronts on Tmall.com. Two more pharmacy chains will join the scheme in Wuhan and Chengdu in late May.
May 11, 2015
16:25 EDTBABAOn The Fly: Top stock stories for Monday
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16:00 EDTBABAOptions Update; May 11, 2015
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May 10, 2015
16:01 EDTBABAAlibaba buys 9.3% Zulily stake, not pursuing full acquisition, WSJ says
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