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NYA:BABA, Mar 19, 08:53 UTC

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Chasing The Bull’s Tail: Cardinal Health, Inc. (CAH), Alibaba Group Holding Limited (BABA)

BABA

Should the projected estimates be met, then the stock will likely hit its highest price at $60 (up 19.36% from current price levels). It is expected that in Mar 2019 quarter CAH will have an EPS of $1.42, suggesting a 2.16% growth. For Jun 2019 is projected at $1.12. CAH recorded a change of 5.39% over the past week and returned -6.44% over the last three months while the CAH stock’s monthly performance revealed a shift in price of -8.68%. BABA share price finished last trade 1.29% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 7.78%, while closing the session with 9.26% distance from 50 day simple moving average.

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Sunday, March 17


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Alibaba Group Holding Ltd (BABA) Shares Bought by Delek Group Ltd. – Baseball Daily News

BABA

Delek Group Ltd. boosted its position in Alibaba Group Holding Ltd (NYSE:BABA) by 250.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. One investment analyst has rated the stock with a hold rating, twenty-seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a market capitalization of $463.49 billion, a price-to-earnings ratio of 44.91, a PEG ratio of 1.76 and a beta of 2.31. Alibaba Group Holding Ltd has a 1-year low of $129.77 and a 1-year high of $211.70.

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Watching the 2.32 Beta on Shares of Alibaba Group Holding Limited (NYSE:BABA) –Investors Monitoring

BABA

Checking in on current price action, company shares had recently touched 180.97. Investors will be watching to see how the stock reacts to market influences over the next few weeks. As we near the halfway point of the calendar year, investors may be trying to figure out if now is the time to get in on the name, or whether to wait for a better opportunity. They may be highly optimistic, but will soon realize that it takes more than optimism to secure profits in the stock market. This may seem unnecessary to some, but when the harsh reality of a losing trade comes into the picture, it can be hard to rebound after taking a big hit.

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Saturday, March 16


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Alibaba Group Holding Ltd (BABA) Shares Bought by National Asset Management Inc. – Fairfield Current

BABA

National Asset Management Inc. lifted its stake in shares of Alibaba Group Holding Ltd (NYSE:BABA) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. Other large investors also recently made changes to their positions in the company. Norway Savings Bank grew its position in Alibaba Group by 640.0% during the fourth quarter. Norway Savings Bank now owns 185 shares of the specialty retailer’s stock worth $25,000 after buying an additional 160 shares in the last quarter. The firm has a market capitalization of $463.49 billion, a price-to-earnings ratio of 44.91, a PEG ratio of 1.76 and a beta of 2.31. The business’s revenue was up 41.3% compared to the same quarter last year. As a group, sell-side analysts expect that Alibaba Group Holding Ltd will post 3.65 EPS for the current fiscal year.

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Friday, March 15


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AlphaMark Advisors LLC Has $170,000 Stake in Alibaba Group Holding Ltd (BABA) – Fairfield Current

BABA

Kornitzer Capital Management Inc. KS now owns 13,130 shares of the specialty retailer’s stock valued at $1,800,000 after buying an additional 80 shares in the last quarter. One analyst has rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Alibaba Group Holding Ltd has a one year low of $129.77 and a one year high of $211.70. On average, sell-side analysts forecast that Alibaba Group Holding Ltd will post 3.65 earnings per share for the current fiscal year.

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Baidu to speed up promotion of younger talent as 53-year-old president Zhang Yaqin opts for retirement

BABA BIDU

Baidu said it will promote more employees in their 20s and 30s to management as part of efforts to speed up leadership renewal at the search engine and autonomous driving company. As part of the plan, Zhang Yaqin, 53, its president of new business, opted for early retirement under a new programme for senior executives. Formerly a senior executive at Microsoft in Asia, Zhang joined Beijing-based Baidu in 2014, overseeing among other things the restructuring and commercialisation of its cloud and artificial intelligence business in the past two years. Baidu’s CEO plays down impact of US-China trade war on company. Last September, Alibaba announced that chief executive Daniel Zhang will be promoted to executive chairman September 10, 2019, taking over from Jack Ma, who will remain a director on the board and a permanent member of the Alibaba Partnership. This article Baidu to speed up promotion of younger talent as 53-year-old president Zhang Yaqin opts for retirement first appeared on South China Morning Post. For the latest news from the South China Morning Post download our mobile app.

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Wednesday, March 13


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Goldman Sachs Group INC Increased Its Alibaba Group Hldg LTD (BABA) Stake by $2.63 Billion

BABA GS

By buying 19.19 million shares Goldman Sachs Group Inc made the stock popped up with 17.52%. BABA touched $180.63 during the last trading session after $0.22 change.Alibaba Group Holding Limited has volume of 8.66M shares. Since March 13, 2018 BABA has risen 2.89% and is uptrending. A portfolio of $313.71B is managed by Goldman Sachs Group Inc. As it’s announced in SEC form the stake in Deere & Co (Call) (NYSE:DE) is reduced by 91,600 shares to 80,600 shares. The titles are as follows: “Amazon.com, Inc. (NASDAQ:AMZN), Alibaba (NYSE:BABA) – Investor Movement Index February Summary – Benzinga” brought out on March 05, 2019, “Don’t Let the Recent Bump in Alibaba Stock Fool You – Investorplace.com” on March 11, 2019, “Alibaba Group: Complex Valuation Update – Seeking Alpha” with a publish date: February 20, 2019, “BofA: Office Depot (NASDAQ:ODP)-Alibaba (NYSE:BABA) Partnership Another Chapter In Retailer’s ‘Compelling Transformation Story’ – Benzinga” and the last “Meet Office Depot’s Newest Partnership With Alibaba – 24/7 Wall St.” with publication date: March 04, 2019.

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Tuesday, March 12


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Kenyans can now pay for purchases on Alibaba’s AliExpress via M-Pesa

BABA

Safaricom has entered into a partnership with Ant Financial Services to provide this option, a move the two partners say targets micro-traders in the country who source for goods and other supplies from manufacturers in China. “Our more than 21 million customers can now enjoy the safety, reliability and convenience of M-PESA when shopping on AliExpress, a leading, global e-commerce marketplace. This partnership seeks to connect Kenyans to even more business opportunities by enabling them to seamlessly source, purchase and import goods from the world’s leading manufacturer,” said Sylvia Mulinge – Chief Customer Officer, Safaricom. How it works. AliExpress customers selecting M-PESA as a payment channel will have their total cost displayed in Kenya Shillings with standard Lipa Na M-PESA Paybill charges applicable for each transaction. As has been the case, shoppers will also have the option of using their post office box numbers as the delivery location for their items.

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Monday, March 11


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United Rentals (URI) Shareholder Westport Asset Management Has Cut Its Position; All-Stars Investment LTD Has Raised Its Position in Alibaba Group Hldg LTD (BABA) as Share Value Rose – The Financial Examiner

BABA AAPL +1 more BABA AAPL URI

The institutional investor held 115,400 shares of the business services company at the end of 2018Q4, valued at $15.82 million, up from 17,400 at the end of the previous reported quarter. It has underperformed by 1.48% the S&P500. Some Historical BABA News: 29/05/2018 – Alibaba said it has led a consortium of investors to buy about 10 percent of Chinese courier ZTO Express (Cayman) for $1.38 billion; 04/04/2018 – Tencent and Alibaba share the same strategy: Invest in the most promising online and mobile services that emerge in China; 10/04/2018 – China’s Ant ups fundraising target, valuation could hit $150 bln; 27/04/2018 – South Africa’s Coronation Exits Alibaba, Buys Walgreens — Barrons.com; 18/03/2018 – Alibaba Group: Will Inject a Further $2 Billion Into Southeast Asian Online Shopping Company Lazada; 31/05/2018 – FOCUS-Sony’s push into entertainment aims for stability, not splashiness; 23/05/2018 – The 2 biggest things Silicon Valley misunderstands about China, according to a top Alibaba exec; 15/05/2018 – Viking Global Adds Alibaba, Exits Broadcom, Cuts Amazon: 13F; 29/05/2018 – Alibaba Group Holding: Transaction Is Expected to Close in Early June; 19/03/2018 – Alibaba invests additional $2 billion in Southeast Asian e-commerce firm Lazada. More notable recent United Rentals, Inc. (NYSE:URI) news were published by: Finance.Yahoo.com which released: “Fed Chairman Powell Meets Trump for a “Private Dinner”. How Does the Market Digest this Relationship? More interesting news about United Rentals, Inc. (NYSE:URI) were released by: Seekingalpha.com and their article: “United Rentals: The Leader In The Equipment Rental Industry – Seeking Alpha” published on February 24, 2019 as well as Seekingalpha.com‘s news article titled: “United Rentals: Dirt Cheap, But Cyclical And Risky – Seeking Alpha” with publication date: February 14, 2019.

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Alibaba invests $693m for stake in Chinese courier STO Express

BABA

Shares in STO Express shot up when trading opened and immediately hit the upper 10 percent limit on the Shenzhen Stock Exchange, according to Refinitiv data. “We will deepen our existing collaboration with STO in technology, last-mile delivery across China and New Retail logistics,” it said. STO Express is Alibaba’s fourth investment in the Chinese courier sector after it acquired minority stakes in YTO Express Group Co Ltd, Best Inc and ZTO Express (Cayman) Inc. STO Express is one of several companies that works with Alibaba under Cainiao, its logistics division launched in 2013. In 2017, Cainiao temporarily barred Chinese courier SF Express from taking deliveries from Alibaba’s e-commerce vendors in a dispute over the ownership of customer data.

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