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Stock Market & Financial Investment News

News Breaks
March 16, 2014
14:04 EDTYHOOAlibaba to begin U.S. IPO process
Alibaba said in a statement on its corporate news Web site: "Alibaba Group has decided to commence the process of an initial public offering in the United States. This will make us a more global company and enhance the company’s transparency, as well as allow the company to continue to pursue our long-term vision and ideals. Should circumstances permit in the future, we will be constructive toward extending our public status in the China capital market in order to share our growth with the people of China.We wish to thank those in Hong Kong who have supported Alibaba Group. We respect the viewpoints and policies of Hong Kong and will continue to pay close attention to and support the process of innovation and development of Hong Kong." Note that Yahoo (YHOO) currently owns about a 24% stake in Alibaba. Reference Link
News For YHOO From The Last 14 Days
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December 19, 2014
17:18 EDTYHOOYahoo reports 16.7% passive stake in Hortonworks
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December 17, 2014
13:44 EDTYHOOYahoo holders continue push for AOL merger, NY Times reports
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December 11, 2014
10:17 EDTYHOOCiti upbeat on Google in face of pending Apple decision on Safari
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08:09 EDTYHOOGoogle shares pricing in loss of Apple search deal, says Citigroup
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