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Stock Market & Financial Investment News

News Breaks
August 15, 2014
06:10 EDTBABAAlibaba's Pictures unit uncovers possible accounting issues, AP reports
In a statement to the Hong Kong stock exchange, Alibaba's Alibaba Pictures Group said its new management team has uncovered possible accounting irregularities, the Associated Press reports. The irregularities date to before Alibaba's purchase of the company in June. Reference Link
News For BABA From The Last 14 Days
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April 22, 2015
17:23 EDTBABANokia approaches Apple, Amazon, Facebook in sale of maps unit, Bloomberg says
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12:55 EDTBABAAlibaba said to plan online literature business, Bloomberg reports
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11:33 EDTBABAYahoo should seek go-private offer after spins, says BGC Financial
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05:32 EDTBABAAlibaba announces collaborative relationships with luxury car companies
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April 21, 2015
13:34 EDTBABAEarnings Watch: Yahoo shares dropped more than 6.5% since last earnings report
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April 20, 2015
10:00 EDTBABAOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 58.com (WUBA) initiated with a Hold at Summit Research... Aduro Biotech (ADRO) initiated with a Buy at Roth Capital... Alibaba (BABA) initiated with a Buy at Summit Research... Baidu (BIDU) initiated with a Buy at Summit Research... Callaway Golf (ELY) initiated with a Buy at Jefferies... Cellectis (CLLS) initiated with a Buy at Jefferies... Changyou.com (CYOU) initiated with a Buy at Summit Research... Cheetah Mobile (CMCM) initiated with a Buy at Summit Research... Ctrip.com (CTRP) initiated with a Hold at Summit Research... Dynegy (DYN) initiated with an Overweight at Morgan Stanley... FMC Corporation (FMC) initiated with a Neutral at Monness Crespi... Franklin Financial Network (FSB) initiated with a Buy at BofA/Merrill... Granite Construction (GVA) initiated with an Outperform at Cowen... Hershey (HSY) initiated with a Reduce at Nomura... JD.com (JD) initiated with a Hold at Summit Research... Jumei (JMEI) initiated with a Buy at Summit Research... McEwen Mining (MUX) initiated with a Buy at H.C. Wainwright... Natural Gas Services (NGS) initiated with a Neutral at Sidoti... New Residential (NRZ) initiated with a Buy at BofA/Merrill... Platform Specialty Products (PAH) initiated with an Outperform at Credit Suisse... Qihoo 360 (QIHU) initiated with a Buy at Summit Research... Qunar (QUNR) initiated with a Buy at Summit Research... SINA (SINA) initiated with a Hold at Summit Research... Smith & Wesson (SWHC) initiated with a Sector Perform at RBC Capital... Sohu.com (SOHU) initiated with a Hold at Summit Research... SolarEdge (SEDG) initiated with a Buy at Deutsche Bank... Splunk (SPLK) initiated with a Buy at Citigroup... Tableau (DATA) initiated with a Neutral at Citigroup... Team Health (TMH) initiated with an Outperform at Leerink... Tuniu (TOUR) initiated with a Buy at Summit Research... Vipshop (VIPS) initiated with a Buy at Summit Research... Vista Outdoor (VSTO) initiated with an Outperform at RBC Capital... Weibo (WB) initiated with a Buy at Summit Research... YY Inc. (YY) initiated with a Buy at Summit Research... Youku Tudou (YOKU) initiated with a Hold at Summit Research... Zhaopin (ZPIN) initiated with a Hold at Summit Research.
05:46 EDTBABAAlibaba initiated with a Buy at Summit Research
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April 19, 2015
18:52 EDTBABAAlibaba fined $129K by China for pricing violations, Reuters says
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17:43 EDTBABADreamWorks CEO downplays Chinese takeover speculation, Variety says
In an interview with Variety at the Beijing International Film Festival, DreamWorks (DWA) CEO Jeffrey Katzenberg said he does not believe the company is headed towards a takeover by a Chinese firm. "We are a minority owner in a joint venture here, and I think that is the most successful structure to do business here in China today... We’re very comfortable with that arrangement," said Katzenberg. Variety notes that there was speculation late last year of takeover talks with Alibaba (BABA) or Wanda. Reference Link
April 17, 2015
17:39 EDTBABAAlibaba fined approximately $81,000 for matters related to Singles Day pricing
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10:20 EDTBABAStocks with call strike movement; FXI BABA
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07:45 EDTBABAEtsy multiple 'well beyond' high end of any comparable group, says Wedbush
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April 16, 2015
12:18 EDTBABAAlibaba reconsidering bid for Yahoo seems logical, AsianSweeper says
Alibaba (BABA) could bid to buy Yahoo (YHOO) and such a purchase "certainly seems like a logical choice," contends AsianSweeper, without indicating it has any sources saying that such a deal is being planned or considered. Reference Link
11:46 EDTBABAStocks with call strike movement; FB BABA
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06:05 EDTBABAAlibaba price target lowered to $97 from $110 at Brean Capital
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April 15, 2015
09:44 EDTBABARumor: Qihoo 360 strength attributed to takeover speculation
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April 14, 2015
19:27 EDTBABAAlibaba announces integration of online pharmacy business into Alibaba Health
Alibaba Group Holding Limited (BABA) announced that it has reached a definitive agreement with Hong Kong Stock Exchange-listed Alibaba Health Information Technology Limited pursuant to which Alibaba Group will transfer the operations of its Tmall online pharmacy business to Alibaba Health in consideration for newly issued shares and convertible bonds of Alibaba Health. Alibaba Group currently owns an effective equity interest of approximately 38% in Alibaba Health, and upon completion of the transaction, Alibaba Group’s effective equity ownership of Alibaba Health will increase to approximately 53%, or approximately 54.6% assuming the full conversion of the convertible bonds upon maturity, and Alibaba Health will become a consolidated subsidiary of Alibaba Group. Alibaba Group expects the transaction to complete in Q3, subject to satisfaction of all closing conditions.
10:58 EDTBABAStocks with call strike movement; FB BABA
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06:34 EDTBABAAlibaba defends claims that it tolerates fake goods on Taobao, WSJ reports
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April 13, 2015
12:31 EDTBABAEtsy started with Neutral rating, $14 target ahead of IPO
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