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Stock Market & Financial Investment News

News Breaks
July 15, 2014
05:28 EDTLGF, BABALionsgate, Alibaba form strategic collaboration
Lionsgate (LGF) and Alibaba (BABA) a have joined forces to launch Lionsgate Entertainment World, or LGEW, a subscription streaming service for mainland China that will be available exclusively through Alibaba’s latest generation of set-top box, the two companies announced. In addition to providing Alibaba’s consumers with a broad and deep Lionsgate portfolio of curated hit film and TV content at launch, the new service will enable Alibaba subscribers to enjoy exclusive behind-the-scenes footage, features and other premium content not available anywhere else in China along with access to VIP membership benefits such as screening invitations and special merchandise.
News For LGF;BABA From The Last 14 Days
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August 1, 2014
06:30 EDTLGFLionsgate mis-reports CEO compensation by over $2.7M, Bloomberg says
Lionsgate said in a proxy statement that CEO Jon Feltheimer was paid $2.7M more in compensation last year than his company originally reported, according to Bloomberg, citing comments from Lionsgate spokesman Peter Wilkes. Wilkes noted that the firm is poised to file an amended proxy statement. Reference Link
06:19 EDTBABAAlibaba hires Google veteran Penner to head IR operations, WSJ reports
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05:57 EDTBABAAlibaba makes strategic investment in mobile game developer Kabam, WSJ reports
Alibaba is investing $120M in mobile game developer Kabam, best known for such games as "Dragons of Atlantis" and "Kingdoms of Camelot," the Wall Street Journal reports, adding that the companies have entered into a partnership to publish and distribute Kabam's mobile games. The deal values Kabam at over $1B. Reference Link
July 30, 2014
10:41 EDTBABAAlibaba in talks for financing of Snapchat at $10B valuation, Bloomberg says
Snapchat, a photo messaging application, is in talks with Alibaba and other investors for a round of financing that may value Snapchat at $10B, says Bloomberg. Reference Link
10:29 EDTBABAAlibaba in talks for financing of Snapchat at $10B valuation, Bloomberg says
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July 29, 2014
10:00 EDTLGFOn The Fly: Analyst Initiation Summary
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08:52 EDTLGFLionsgate initiated with an Outperform at FBR Capital
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July 23, 2014
14:58 EDTBABAYahoo speculated as target for Alibaba, Softbank, Forbes contributor says
Forbes contributor Eric Jackson contends that after he previously published an article which wondered if Yahoo (YHOO) could be a takeover target and after "chatting with a large Yahoo shareholder," he now believes the most likely outcome is that either Alibaba (BABA) or SoftBank (SFTBF) buys Yahoo. Reference Link
08:06 EDTLGFLionsgate partners with Finnish game developer Next Games
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July 22, 2014
06:47 EDTBABAAlibaba to offer loans to e-commerce companies, China Daily says
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