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Stock Market & Financial Investment News

News Breaks
August 1, 2014
06:19 EDTGOOG, BABAAlibaba hires Google veteran Penner to head IR operations, WSJ reports
Google (GOOG) veteran Jane Penner has been hired to become Alibaba's (BABA) head of investor relations, the Wall Street Journal reports. Reference Link
News For BABA;GOOG From The Last 14 Days
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May 19, 2015
15:56 EDTBABAChina said to possibly raise tax on cross-border e-commerce, Bloomberg says
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14:05 EDTGOOGGoogle bringing tweets to Google Search on mobile devices
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11:52 EDTGOOGDepartures raises concerns of Google's commitment to ecommerce, Re/code says
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10:47 EDTGOOGGoogle says 'no sacred cows' in rethink of Glass product, Financial Times says
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09:51 EDTGOOGYelp early strength attributed to talk of buyout
The early move higher in shares of Yelp is being attributed to speculation that Google (GOOG) may have interest in acquiring the online review site. The Wall Street Journal on May 7 reported that Yelp has hired banks to explore a sale. Shares of the company are up $1.05 to $47.61 in early trading.
08:20 EDTGOOGVerizon CFO sees net phone additions in Q2
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07:12 EDTBABAAlibaba's Ma confirms talks with Apple over payment system talks, Reuters says
Alibaba (BABA) Executive Chairman Jack Ma confirmed reports that the company is talks with Apple (AAPL) over cooperation for a payment system, Reuters reports. Apple CEO Tim Cook last week told the official news agency of China, Xinhua, that the iPhone maker is in talks with Chinese banks and Alibaba about launching Apple Pay in China. Reference Link
06:59 EDTGOOGYouTube Kids app receives complaints of 'inappropriate content', WSJ says
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06:05 EDTBABAAlibaba's Ma says 'regrets' counterfeits lawsuit, AP reports
Alibaba Executive Chairman spoke at a news conference yesterday and expressed regret over the recent counterfeits lawsuit against the company by Gucci and Yves Saint Laurent, The Associated Press reports. Ma said Alibaba cooperates with brand owners to fight counterfeits and that the company has staff dedicated to this. Ma says the lawsuit "creates internal conflict" rather than cooperation to "fight a common enemy." Reference Link
May 18, 2015
16:00 EDTBABAOptions Update; May 18, 2015
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14:04 EDTBABAEarnings Watch: Wal-Mart sees Q1 EPS 95c-$1.10, U.S. SSS up 1%-2%
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11:47 EDTGOOGAmazon unlikely hurt by Google Buy button in next 3 years, says Piper Jaffray
Piper Jaffray analyst Gene Munster said he does not expect Google's (GOOG) addition of a "Buy" button for mobile e-commerce hurting Amazon.com (AMZN) over the next 1 to 3 years, but he does believe Google's plan presents a longer-term threat to "chip away" at Amazon's growth rate. However, Munster thinks it will be "next to impossible" for Google to replicate Amazon's core infrastructure and customer experience and he keeps an Overweight rating and $475 price target on Amazon shares.
09:36 EDTBABAActive equity options trading on open
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08:22 EDTGOOGVerizon deal has multiple positive catalysts, says Wells Fargo
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07:59 EDTGOOGGoogle Buy button a natural fit for mobile shopping listings, says Baird
Baird noted Google added a Buy button to accompany mobile product listings and believes it will improve the company's e-commerce search competitiveness. Baird reiterated its Outperform rating and $690 price target on Google shares.
05:18 EDTBABAAlibaba launches Korea Pavilion
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May 17, 2015
18:56 EDTGOOGGoogle to feature 'buy' button in sponsored search results, WSJ says
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16:50 EDTGOOGWhite House wavers on backing Google, Oracle in copyright suit, Reuters says
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16:32 EDTBABALuxury brands sue Alibaba for alleged counterfeit sales, Reuters says
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15:52 EDTBABASilver Lake corrects earlier reports, says still owns 85% of Alibaba stake
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