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Alibaba VP: Here's Why Barron's Is Wrong About Our Stock
Monday, September 14, 2015 - 10:03am | 693Shares of Alibaba Group Holding Ltd (NYSE: BABA) were lower by 3 percent Monday morning. Barron's published an article over the weekend stating shares of Alibaba could fall an additional 50 percent. Alibaba responded in a five-page retort, noting Barron's articled lacked "...
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Why China Isn't Killing Alibaba
Friday, August 28, 2015 - 2:07pm | 366Investors who correlate China's economic woes as being a bearish sign for its largest e-commerce player, Alibaba Group Holding Ltd (NYSE: BABA), may be mistaken. That is, at least according to MKM Partners latest survey involving Chinese consumers. Barron's posted MKM Partners latest survey of...
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Will Alibaba's Stock Hit Triple Digits Once Again?
Monday, August 10, 2015 - 10:36am | 478Shares of Alibaba Group Holding Ltd (NYSE: BABA) peaked at $120.00 last November and have been trading below the $100-mark for most of 2015. As investors anxiously await for its first-quarter results on Wednesday, the question remains when (or if) shares will once again trade in the triple-digits...
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Pacific Crest Just Slashed Its Alibaba Price Target By 15%
Wednesday, April 15, 2015 - 11:59am | 409In a report published Tuesday, Pacific Crest analyst Cheng Cheng detailed a recent visit to China in a "fact finding" mission surrounding Internet related business activity after the Chinese New Year. According to Cheng, the tone was "positive" around demand for the Internet...
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Alibaba Defends Self Vs. Latest Counterfeit Allegations
Tuesday, April 14, 2015 - 1:55pm | 297Alibaba Group Holding Ltd (NYSE: BABA) responded Tuesday to complaints by American retailers of counterfeit goods by saying it will take further steps to address the problem. "Our track record of fighting illicit activities is clear," Alibaba said in a widely quoted statement Tuesday. "We must...
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Alibaba's Near-Term Outlook May Be Dampened By Recent Policy, Business Updates
Wednesday, April 1, 2015 - 1:15pm | 220In a report rolled out Tuesday, Oppenheimer analysts Ella Ji and Fiona Zhang take a look into Alibaba Group Holding Ltd (NYSE: BABA). They reiterated an Outperform rating, but trimmed their price target from $112 to $105. The firm remains bullish on the company's long-term growth potential, but...
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Alibaba Aims At Modifying China's Shopping Habits Using Barcode Scanning
Tuesday, March 17, 2015 - 1:47pm | 316Alibaba Group Holding Ltd’s (NYSE: BABA) online shopping platform Taobao last week held a sales campaign aimed at encouraging consumers to make purchases by scanning products’ barcodes, Shanghai's China Business News reported. The sale took place on March 8, and offered Taobao...
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Brean Capital Highlights Recent Alibaba News Developments
Wednesday, December 31, 2014 - 8:56am | 185Fawne Jiang of Brean Capital highlighted in a note on Wednesday recent Alibaba Group Holding Ltd (NYSE: BABA) news developments, mostly from Chinese media sources, that investors should be aware of. Tmall Global disclosed that approximately 5,400 overseas brands from 25 countries have joined...
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Credit Suisse Assumes Coverage Of Youku Tudou
Wednesday, December 10, 2014 - 11:40am | 193Evan Zhou of Credit Suisse assumed coverage of Youku Tudou (NYSE: YOKU) on Wednesday with an Outperform rating and $22 price target. “Our recent industry checks show that brand advertisers are putting increasing emphasis on measurable return on investments when allocating budget,” Zhou wrote. The...
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Dow, S&P 500 Close At Record Highs In Another Quiet Trading Session
Thursday, November 20, 2014 - 5:52pm | 1021U.S. stocks brushed off early morning losses and ended the day slightly positive. U.S. economic data showed existing home sales and leading indicators both being higher than expected for October, while U.S. preliminary PMI fell from October's reading as analysts were expecting a rise. On...