Tag Archives: baba

Yahoo Gets PT Boost On ‘Minimal’ Alibaba Spinoff Risk

Yahoo (YHOO) received a price target boost on Monday from an analyst at Axiom, who cited the rising share prices of Alibaba Group (BABA), Yahoo Japan and Yahoo spinoff Hortonworks (HDP). Axiom increased its price target on Yahoo stock to 41 from 39. The company announced its price target increase after an investor call with Amy Elliott, a tax specialist and attorney at Tax Notes who has followed Yahoo’s proposed spinoff of its remaining shares of

Criteo Poised To Win China With Alibaba: Report

Targeted digital ad firm Criteo (CRTO) now embeds cookies in more than half of the 100 largest retail and travel websites in the U.S. and appears poised to win business in China by teaming up with e-commerce giant Alibaba Group (BABA), says Pacific Crest Securities. Cookies are small text files that allow websites to recognize users and their preferences when they return to a site. In Q2, Paris-based Criteo likely added Alibaba’s non-China sites

Yahoo ‘Under Pressure To Deliver’ Alibaba Tax-Free

Yahoo (YHOO) stock rebounded on Tuesday after the Web portal said it was plowing ahead with the proposed spinoff of its stake in China giant Alibaba (BABA) by the end of the year, despite the risk that the deal might not be tax-free. Yahoo made its announcement in a filing late Monday with the Securities and Exchange Commission. Yahoo was up more than 3% in midday trading in the stock market today , near 28.50, after rising higher in the morning.