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NYA:BABA, May 22, 03:50 UTC

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Monday, May 20


News

The Moors & Cabot Inc. Decreases Position in Alibaba Group Holding Ltd (BABA) – BharataPress

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Moors & Cabot Inc. lowered its stake in Alibaba Group Holding Ltd (NYSE:BABA) by 10.1% during the first quarter, according to the company in its most recent filing with the SEC. The firm has a market cap of $434.29 billion, a PE ratio of 47.23, a PEG ratio of 1.40 and a beta of 2.27. During the same period in the prior year, the company posted $5.73 earnings per share. As a group, research analysts anticipate that Alibaba Group Holding Ltd will post 4.88 earnings per share for the current fiscal year. Bank of America reissued a “buy” rating and issued a $215.00 price objective (down previously from $221.00) on shares of Alibaba Group in a research note on Thursday, January 31st.

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Thursday, May 16


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Lomas Capital Management LLC Has Cut Its Holding in Alleghany Corp Del (Y) by $14.31 Million as Stock Value Rose

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15.41 million shares or 29.77% more from 11.87 million shares in 2018Q3 were reported. Nomura Asset Company Ltd holds 0.02% of its portfolio in Alleghany Corporation (NYSE:Y) for 2,679 shares. Lomas Capital Management Llc who had been investing in Alleghany Corp Del for a number of months, seems to be less bullish one the $9.93 billion market cap company. Lomas Capital Management Llc, which manages about $667.52M and $752.37 million US Long portfolio, upped its stake in Twenty First Centy Fox Inc (NASDAQ:FOX) by 69,059 shares to 1.04 million shares, valued at $49.89 million in 2018Q4, according to the filing.

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Attention-Grabbing Stock: Alibaba Group Holding Limited (NYSE:BABA) - Alpha finews

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On 05-16-2k19 (Thursday), Shareholders tracking shares of Alibaba Group Holding Limited (BABA) belongs to Services sector and Specialty Retail, Other industry. Buyers and sellers help determine the price of each stock, and the more buyers and sellers a particular stock has interested in it, the more liquid the market will be. Liquidity can have a profound impact on just how violently stock prices can move in either direction, and the reasons have to do with the nature of the market in a stock’s shares. Looking performance record on shares of Alibaba Group Holding Limited (BABA) we observed that the stock has seen a move -10.59% over the last 52-week trading period.

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Alibaba, Cisco, Agios Pharmaceuticals and More: Why These Stocks Are in the Spotlight

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Our research has shown that hedge funds' small-cap stock picks managed to beat the market by double digits annually between 1999 and 2016, but the margin of outperformance has been declining in recent years. We have been tracking and sharing the list of these stocks since February 2017 in our quarterly newsletter. Aside from the U.S. -China trade war which could hurt China's economy and slow e-commerce growth, traders are watching both Alibaba Group Holding Limited (NYSE:BABA) and holding company Altaba Inc. (NASDAQ:AABA) after the later announced that it will begin selling Alibaba shares on May 20, 2019. Given that the company has previously announced this before, Alibaba shares are down just fractionally. While liquidations are never good in terms of supply and demand, Alibaba has a lot going for it given its huge share of China's e-commerce market. Of the around 700-740 elite funds we track, 113 funds owned $11.47 billion of Alibaba Group Holding Limited (NYSE:BABA) and 73 top funds were long Altaba Inc. (NASDAQ:AABA) at the end of December.

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Alibaba beats revenue expectations on cloud boost

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Sales excluding revenue from consolidated businesses grew 39 percent year-on-year. While still solid, Alibaba's top-line growth rates have slowed sharply from a few years ago, as have those of domestic rivals such as JD.com, which last week reported its slowest quarterly revenue growth since it listed in 2014. Alibaba has made money primarily by selling advertising and promotional services to third-party merchants that list products on Taobao and Tmall, two of its e-commerce sites, but has in recent years invested heavily in cloud computing as well. It is still a relatively small part of Alibaba's overall business, accounting for 8% of group revenue in the fourth quarter. However, the company is now the world's third-largest cloud service provider, after Microsoft Corp and Amazon.com Inc, and the largest in China with a market share of over 40%, according to data from IDC. Steven Zhu, senior analyst at Pacific Epoch, said that e-commerce growth, while slowing, remains strong enough to support these new investments.

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Wednesday, May 15


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Tencent, Alibaba and the fight to control China's online ecosystem - Nikkei Asian Review

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Hong Kong-listed Tencent's net profit, meanwhile, increased 17% to 27.2 billion yuan, boosted by an increase in value of the company's investments. But while the two companies have been growing in their respective areas -- Alibaba thriving in e-commerce and Tencent commanding video gaming and messaging service with its application, WeChat -- future growth looks increasingly set to overlap. In Wednesday's earnings conference, Tencent disclosed for the first time revenue from a new segment that covers financial technology and business services, which recorded a 44% surge to 21.8 billion yuan, accounting for a quarter of total revenue. Alibaba, which made its debut in cloud computing 10 years ago, said on Wednesday that revenue from its cloud services jumped 76% thanks largely to an increase in average spending per customer. Tencent is the second largest shareholder of Chinese investment bank CICC, followed by Alibaba. For Tencent, the foray into fintech and business services comes as revenue from its core business continues to slow in part due to China's macro and regulatory challenges.

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Altaba Announces Planned Sale of Alibaba Shares

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The Fund intends to sell the Alibaba Shares through open market transactions and/or through private dispositions not executed or recorded on a public exchange or quotation service. The Fund’s assets primarily consist of a substantial position in Alibaba, which has become one of the world’s largest online retailers. It is neither a solicitation of a proxy, an offer to purchase, nor a solicitation of an offer to sell shares of the Fund. Such risks and uncertainties relate to, among other things: the availability, timing and amount of liquidating distributions, including prior to the filing of a certificate of dissolution; the amounts that will need to be set aside by the Fund; the adequacy of such reserves to satisfy the Fund’s obligations; the ability of the Fund to favorably resolve certain potential tax claims, litigation matters and other unresolved contingent liabilities of the Fund; the amount of proceeds that might be realized from the sale or other disposition of the Fund’s primary asset, its shares of Alibaba Group Holding Limited; the application of, and any changes in, applicable tax laws, regulations, administrative practices, principles and interpretations; the incurrence by the Fund of expenses relating to the proposed liquidation and dissolution; and the ability of the Board to abandon, modify or delay implementation of the Plan, even after stockholder approval.

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Alibaba Group Holding Ltd (BABA) Shares Bought by C WorldWide Group Holding A S – Rockland Register

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Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norway Savings Bank raised its stake in shares of Alibaba Group by 640.0% in the fourth quarter. Norway Savings Bank now owns 185 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 160 shares in the last quarter. Alibaba Group Holding Ltd has a 1-year low of $129.77 and a 1-year high of $211.70. The firm has a market capitalization of $435.42 billion, a price-to-earnings ratio of 43.38, a price-to-earnings-growth ratio of 1.41 and a beta of 2.27. Finally, Citigroup restated a “buy” rating and issued a $211.00 price target (up from $208.00) on shares of Alibaba Group in a research note on Thursday, January 31st.

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Alibaba’s Joe Tsai on U.S.-China trade talks: We're 'on the right side of all the issues'

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Alibaba (BABA), the business empire built on China’s digitalization and fast-growth consumer markets, is trying to persuade investors it could benefit from the ongoing U.S.-China trade negotiations. He emphasized Alibaba’s role in connecting Chinese consumers with more foreign foods and speeding up the structural reform of the world’s second largest economy, as well as its efforts to deepen intellectual property protection. Alibaba said it’s “on the right side of all these issues” and could benefit from any U.S.-China trade agreement that is made, including China buying more U.S. goods, protecting IP and further opening up its economy. Tsai said trade negotiations with the U.S. could lead China to further open its market to foreign businesses, bringing in more options for consumers on Alibaba’s platforms.

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Alibaba Group Holding Limited (BABA) Q4 2019 Earnings Call Transcript

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We enjoyed exceptional revenue growth in our core commerce business while successfully expanding our product and service offerings from physical goods to local consumer services and to digital entertainment contents. On new retail, our self-owned and -operated fresh goods and grocery retail chain Hema continued to achieve robust same-store sales growth, expand footprint, optimize stores, and introduce new initiatives to improve customer experiences. As of March 31st, 2019, we had 135 self-operated Hema stores in China, primarily located in Tier 1 and 2 cities. We're seeing significant traction and diversification of customers and revenue, and in fiscal 2019, Alibaba Cloud served over half of the listed companies in China. I also said that we do not have a plan to extend the monetization of recommendation fees in the coming fiscal year. So, to translate it, when you see the customer management revenue growth for this quarter, it's very high -- 31% -- versus 26-27% in previous quarters. So, this is partially because we allocated more traffic for the recommendation fees test. For the reason that we're not going to extend that monetization test, it's just similar how we invested in the B2C market share expansion. So, what we're telling people is that if we want to monetize this, we can increase the revenue and extend CMR quickly, but we're targeting for long-term growth.

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