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Alibaba Springs Back To Life As Co-Founders Scoop Up Shares: 'It's Jack Ma — Hot For His Stock'
Tuesday, January 23, 2024 - 4:32pm | 742Shares in Alibaba Group Holding (NYSE:BABA) soared over 7% on Tuesday after co-founders Jack Ma and Joe Tsai purchased shares on both the New York and Hong Kong stock exchanges worth hundreds of millions of dollars. A regulatory filing with the Securities and Exchange Commission showed that Blue...
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10 International ADR Companies That Are Conducting Virtual Investor Presentations This Week
Tuesday, March 17, 2020 - 12:30pm | 1268The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. At a time when markets are more volatile than at any point since the 2008 financial crisis, it’s critically important for company...
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The 6 Most Common Types Of Securities That Trade On OTC Markets
Tuesday, August 13, 2019 - 9:38am | 984There are over 10,000 different securities from 100 countries that trade on the three tiers of OTC Markets. We use the term “security” as a catch-all because it can refer to a variety of financial instruments. Even though all these instruments give investors some amount of...
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Oasmia Pharmaceuticals Says Survival Data From A Phase 3 Study Met Endpoint, Shares Gain 5%
Wednesday, April 27, 2016 - 10:43am | 360Shares of Oasmia Pharmaceutical AB - American Depositary Shares (NASDAQ: OASM), a Sweden-based developer and manufacturer of drugs in the field of human and veterinary oncology, gained more than 5 percent Wednesday after the company reported results from a Phase 3 clinical trial. Oasmia...
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Something Shady Is Going On With U.S.-Listed Chinese Companies
Tuesday, April 12, 2016 - 9:52am | 314U.S. investors in Chinese ADR’s could be getting forced to accept low-ball buyout offers. According to a new report by Heng Ren Partners analyst Peter Halesworth, Chinese companies are squeezing out American investors by systematically buying out U.S shares at severely depressed premiums....
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The Palladium ETF Is The Ultimate Volkswagen Victor
Saturday, October 3, 2015 - 9:38am | 760The American depositary receipts (ADRs) of German automotive giant Volkswagen AG (ADR) (OTC: VLKAY) are down more than 3 percent at this writing Friday and have touched a new 52-week low. Volkswagen ADRs have plunged 36.5 percent over the past month following an emissions scandal and reports of...
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Volkswagen's Risks May Be Overlooked Despite Press Disaster, Analyst Warns
Friday, October 2, 2015 - 3:10pm | 361Shares of Volkswagen AG (ADR) (OTC: VLKAY) reached new 52-week lows of $22.71 on Friday. Alexander Haissl of Credit Suisse commented in a note that downside risks are not fully priced in and that material risks are "likely to arise" from its Financial Services Business. Haissl maintained an...
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How To Trade Korea On +13.7% Factory Output (LPL, EWY)
Thursday, March 3, 2011 - 7:18am | 363South Korean stocks rose sharply during Thursday trading in Seoul on news that the country's factory output had surged higher in January. The export-driven economy's factory output climbed 4.6% above the previous month's level and 13.7% above the January 2010 level. The growth looks set to continue...