Page 76 - Ababa News Today

Allie Family Office LLC acquired a new stake in Alibaba Group Holding Limited (NYSE:BABA – Get Rating) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 79,400 shares of the specialty retailer’s stock, valued at approximately $916,000. Alibaba Group makes up 0.8% of Allie Family […]

Alibaba Group (NYSE:BABA – Get Rating) had its price target cut by Citigroup from $154.00 to $144.00 in a research note released on Friday morning, The Fly reports. Several other equities research analysts also recently issued reports on the stock. Mizuho cut their target price on shares of Alibaba Group from $155.00 to $145.00 in […]

Alibaba Group (NYSE:BABA – Get Rating) had its price objective reduced by investment analysts at Robert W. Baird from $120.00 to $115.00 in a research report issued on Friday, The Fly reports. Robert W. Baird’s price objective would indicate a potential upside of 34.08% from the stock’s previous close. Other equities research analysts have also […]

The Chinese group has given up the gains made when it announced its spinoff plans, as the market focuses on its sluggish cloud-computing business.

The Supreme Court gives Twitter and Google victories in liability cases, Alibaba’s spinoff plans, and other news to start your day.

Deeres fiscal second-quarter earnings and sales beat Wall Street estimates, while Foot Locker slashes its fiscal-year outlook, sending the stock sharply lower.

Alibaba Group (NYSE:BABA – Get Rating) had its price objective dropped by HSBC from $143.00 to $140.00 in a research note issued on Friday, The Fly reports. HSBC’s price objective would suggest a potential upside of 63.23% from the company’s previous close. A number of other equities analysts have also recently issued reports on BABA. […]

Bellecapital International Ltd. decreased its position in Alibaba Group Holding Limited (NYSE:BABA – Get Rating) by 70.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,090 shares of the specialty retailer’s stock after selling 38,225 shares during the period. Bellecapital International […]

Walmarts fiscal first-quarter earnings and revenue top analysts estimates, Alibaba also tops estimates and says it will spin off its cloud unit, Cisco tumbles after orders fall at the networking giant, and Take-Two Interactive signals that a strong pipeline of videogame titles will drive growth.

Chinese e-commerce company’s core business remains stuck in slow gear. But stock could do well anyway.