Tag Archives: bad-request

Alibaba Earnings Coming Amid Global Expansion Plans

As it steps up efforts to expand into international markets, Chinese e-commerce leader Alibaba Group (BABA) is set to report quarterly earnings before the open Wednesday. The consensus revenue estimate is $3.395 billion, up 33.5% from the year-earlier quarter. It would be the sixth quarter in a row of double-digit gains. The consensus on earnings per share minus items, as polled by Thomson Reuters, is 58 cents for Alibaba’s fiscal first quarter

NetEase Seen Riding Mobile Growth To Strong Q2

China-based video game firm and Web portal NetEase (NTES) is set to report Q2 earnings after the close Wednesday, with at least some analysts expecting the company to post a strong quarter thanks to rising popularity for its games. The most high-profile game of late is “Fantasy Westward Journey Mobile,” the mobile version of NetEase’s franchise PC game “Fantasy Westward Journey.” The mobile game launched on both Apple ‘s (AAPL) iOS and Google’s

Imperva CEO Brags About IBM ‘Takeaways,’ Stock Up

Imperva (IMPV) stock flirted with a record high Friday after the cybersecurity firm late Thursday reported Q2 revenue that beat expectations, helped by IBM contract “takeaways.” In Q2, Imperva posted $53.5 million revenue, up 39% from the year-earlier quarter and outstripping the $48.4 million consensus of 19 analysts polled by Thomson Reuters. Services revenue accounted for 55% of total revenue, up from 35% in Q2 2014. The company attributed that