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Stock Market & Financial Investment News

News Breaks
August 20, 2014
07:25 EDTBABA, BABA, BABA, YHOO, YHOO, YHOOBofA/Merrill telecom services analysts hold an analyst/industry conference call
Analysts discuss the upcoming IPO of Alibaba, which is expected to launch early September 2014, on an Analyst/Industry conference call to be held on August 21 at 8 am.
News For BABA;YHOO From The Last 14 Days
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February 19, 2015
14:38 EDTYHOOYahoo says now has 575M monthly active app users
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14:22 EDTYHOOYahoo says now has access to 1.6B devices through Flurry
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13:57 EDTYHOOYahoo now third largest mobile ad company with 2014 mobile revenue of $1.2B
Comment was made by Yahoo CEO Marissa Mayer at the Yahoo Mobile Developer Conference.
08:21 EDTBABAApple Pay faces resistance from China, MarketWatch says
Apple (AAPL) is attempting to launch Apple Pay in China, but a People's Bank of China official stated the company has not acknowledged regulators and "it's unclear whether the product meets the government’s requirements,” while talks with state-owned card payment operator UnionPay "have stalled" according to sources close to the companies, reports MarketWatch. Alibaba (BABA) currently operates the similar Alipay service and an Alibaba employee stated the two companies "have stayed in contact and are preparing for several projects," but because all payments go through UnionPay, Apple's entry into the market is ultimately controlled by the state-owned firm. The Chinese government has raised numerous concerns regarding Apple Pay, and is demanding the company open a mainland China data center to house customer information. Reference Link
February 18, 2015
15:15 EDTBABAAngie's List could be more attractive to buyers given traction, says Barrington
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February 17, 2015
17:02 EDTYHOOSoros Fund Management gives quarterly update on stakes
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10:35 EDTBABASoftbank reports 32.1% stake in Alibaba
10:14 EDTBABAAlibaba February calls active
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09:53 EDTBABARumor: Alibaba, Tencent rumored as candidates for merger
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09:32 EDTBABAAlibaba, Tencent taxi hailing apps confirm merger, TechCrunch says
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08:11 EDTYHOOSplunk says Yahoo selects Hunk for Hadoop analytics platform
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February 13, 2015
17:52 EDTBABAThird Point gives quarterly update on stakes
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17:13 EDTBABASEC seeks more data from Alibaba over Chinese regulator dispute, NYT says
Alibaba announced that it had received a request from the S.E.C. for additional information about the dispute with China’s State Administration for Industry and Commerce, NY Times reports. Reference Link
16:44 EDTBABAAlibaba says cooperating with SEC’s request
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16:38 EDTBABAAlibaba receives SEC inquiry on SAIC interactions, Bloomberg reports
06:52 EDTBABAAlibaba's Jack Ma reassures staff on lawsuits, Reuters says
Alibaba Executive Chairman Jack Ma told staff to "be at ease" about ongoing U.S. lawsuits over alleged failures to disclose counterfeiting information prior to its IPO, reports Reuters, citing Ma's annual letter posted to his blog. Additionally, a Chinese antitrust regulator stated pricing tactics in China's e-commerce will be probed to ensure fairness, though specific businesses were not named. Reference Link
06:40 EDTBABAAlibaba, Tencent may merge taxi hailing apps, WSJ says
Alibaba's (BABA) taxi hailing smartphone app Kuaidi Dache and Tencent's (TCEHY) app Didi Dache are in talks to merge, reports the Wall Street Journal, citing research firm Analysys International. The internet giants have paired the taxi apps to their respective payment systems, but a merger of the apps would likely negatively impact Tencent as riders may opt to use Alibaba's more popular payment system. Reference Link
06:22 EDTYHOOYahoo volatility at low end of one-year range
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06:13 EDTBABAAlibaba implied volatility of 29 at lower end of index mean range
06:13 EDTYHOOYahoo expected to cut up to 200 employees, primarily in Canada, WSJ reports
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