Youku Tudou

Following Alibaba Group Holding Ltd (NYSE: BABA) fiscal year fourth-quarter results, Baird said the attention now turns to its upcoming Investor Day scheduled for June 8. The firm noted that the management suggested on the call that it would introduce its 2018 guidance at the Investor Day. The...

Alibaba Group Holding Ltd (NYSE: BABA) has been in the news recently, thanks to its stellar December quarter results. The third-quarter results revealed that it has a cash hoard, with $4.9 billion in non-GAAP free cash flow and $5.4 billion in operating cash flow. The rich cash flow position...

China's Alibaba Group Holding Ltd (NYSE: BABA) will host its first-ever analyst day on June 14, and is expected to take questions, among others, over concerns around the health of the Chinese consumer, traction with O2O and monetization of Ant Financial. It remains to be seen whether management...

Alibaba Group Holding Ltd (NYSE: BABA) has agreed to acquire Youku Tudou Inc (ADR) (NYSE: YOKU) in an all-cash deal. Alibaba will pay Youku shareholders $27.60 per ADS, representing a 49.9 percent premium to the volume-weighted average closing price of Youku’s issue during the three...

U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...

U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...