Alibaba (BABA) Falls as 'High-Up' Executive Said to Help SEC with Accounting Probe
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Brean Capital Reiterates Buy on Alibaba (BABA) Following Earnings Report
November 3, 2016 9:48 AM EDTBrean Capital reiterated a Buy rating and $115.00 price target on Alibaba (NYSE: BABA) following the company's 2Q earnings report. Revenue came in at RMB 34.3bn (+55% YoY), exceeding consensus estimates of RMB 33.9bn. Adjusted EPS came in at $0.79, exceeding consensus of $0.69 by 10 cents on operating leverage from higher core commerce... More
Alibaba (BABA) Insider-Assisted SEC Probe Article May Be Short Seller Plant - Source
November 1, 2016 11:05 AM EDTAlibaba (NYSE: BABA) traded down over 2% in the pre-market Tuesday following a New York Post report that a 'high-up' staffer helped the SEC... More
