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Stock Market & Financial Investment News

News Breaks
August 12, 2014
17:09 EDTSFTBF, BABA, YHOOYahoo says Alibaba to sell assets relating to its SME loan business for $518M
Yahoo disclosed in a regulatory filing that on August 12, Yahoo (YHOO), entered into a Share and Asset Purchase Agreement, the SAPA, by and among Yahoo, Alibaba Group Holding (BABA), Alipay.com, Zhejiang Ant Small and Micro Financial Services Company, SoftBank (SFTBF), APN Ltd., Jack Ma Yun, Joseph Chung Tsai and certain of their affiliates. Alibaba Group agreed to sell certain securities and assets primarily relating to its SME loan business to Small and Micro Financial, in exchange for aggregate cash consideration of RMB3,219M, US$518M. The sale of the SME loan business is subject to receipt of regulatory approvals and other customary closing conditions. Such cash consideration will be paid to Alibaba Group no later than the earlier of the second anniversary of the closing of such sale and a “qualified IPO” of Small and Micro Financial or Alipay. In addition, pursuant to certain software system use and service agreements, Alibaba Group will receive annual fees for a term of seven years. These fees will be determined as follows: for calendar years 2015 to 2017, Alibaba Group will be paid an annual fee equal to 2.5% of the average daily balance of the SME loans provided by SME loan entities; and in calendar years 2018 to 2021, Alibaba Group will be paid an annual fee equal to the amount of the fees paid in the calendar year 2017.
News For YHOO;BABA;SFTBF From The Last 14 Days
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January 22, 2015
13:46 EDTYHOO, BABAYahoo may attract buyers without Alibaba stake on sheets, Bloomberg reports
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11:31 EDTBABAStocks with call strike movement; TSLA BABA
Tesla (TSLA) February 230 call option implied volatility increased 3% to 58, Alibaba (BABA) February 115 call option implied volatility increased 3% to 42 according to IVolatility.
10:18 EDTYHOOYahoo volatility elevated into Q4 and ad outlook
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January 21, 2015
14:35 EDTYHOOYahoo unlikely to announce spin-out with earnings, says BGC Financial
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13:41 EDTBABAAlibaba volatility increases into Q3 and outlook
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13:38 EDTBABAEarnings Preview: eBay shares rise over 5.5% since last earnings report
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06:38 EDTBABAAlibaba looking to buy stake in New China Life Insurance, Reuters reports
Chinese e-commerce giant Alibaba (BABA) intends to buy shares in state-run New China Life Insurance Co, Shanghai Securities News reported today, according to Reuters. The newspaper did not provide details about the size of the stake that Alibaba is looking to buy, but said that state-owned Central Huijin Investment, plans to sell shares to Alibaba, Reuters added. The investment company has a stake of over 31% in New china Life, Reuters quoted the newspaper as saying. Reference Link
05:59 EDTBABAAlibaba implied volatility of 34 at lower end of index mean range
January 20, 2015
06:39 EDTYHOO, BABAYahoo to announce Alibaba plans on or before January 27, AP says
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06:06 EDTSFTBFDreamWorks planning to lay off 'substantial' number of staff, LA Times reports
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06:01 EDTYHOOStocks with implied volatility above IV index mean; HLF YHOO
Stocks with implied volatility above IV index mean; Herbalife (HLF) 113, Yahoo (YHOO) 54 according to iVolatility.
05:36 EDTBABAAlibaba invests in Visualead
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January 18, 2015
15:30 EDTBABAAlibaba backed discount website Meituan raises $700M in funding, Bloomberg says
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January 16, 2015
11:02 EDTBABABofA/Merrill APAC equity derivatives analyst analyst/industry conference call
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10:56 EDTYHOOStocks with call strike movement; AAL YHOO
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06:40 EDTBABAAlibaba to help U.S. retailers penetrate Chinese market, Reuters says
Alibaba intends to help U.S. retailers sell their products to Chinese consumers, according to Reuters, which cited unnamed sources close to the company. The e-commerce giant hopes to use the initiative to gain a foothold in the U.S. market, the news service added. Reference Link
06:15 EDTYHOOYahoo's Prashant Fuloria to oversee all ad products, WSJ reports
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06:04 EDTYHOOYahoo CEO Mayer may be giving Flurry execs more power, Re/code reports
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January 15, 2015
07:46 EDTBABAAlibaba volatility flat into Q3 and outlook
Alibaba February call option implied volatility is at 37, March is at 33, April and July is at 32; compared to its 20-week average of 36 according to Track Data, suggesting non-directional price movement into the expected release of Q3 results on January 29.
05:55 EDTYHOOStocks with implied volatility above IV index mean; HLF YHOO
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