Ex-Galleon trader Turney Duff offers an insider's view of how learned about Wall Street's dirty little secret: insider trading.» Read More
NEW YORK— Yahoo soared 8 percent in trading before the opening bell Wednesday after quarterly results showed an aggressive push into Asia and a slight pickup in advertising revenue. Still, some analysts that follow the company say they need to see evidence that CEO Marissa Mayer is developing Yahoo's core business, with an IPO for Alibaba imminent.
April 16- Alibaba Group Holding Ltd's surprise surge in revenue and its upcoming IPO present a great opportunity for investors to load up on Yahoo Inc's shares, analysts said. Yahoo's shares, which have jumped 43 percent in the past year as CEO Marissa Mayer pushed ahead with her turnaround plan, were up 7 percent at $36.70 in premarket trading on Wednesday.
LONDON, April 16- British luxury goods group Burberry shrugged off industry jitters about slowing growth in China to post a 19 percent rise in second-half revenue, reiterating that the greatest risk to its profits was the strengthening pound.
VIENNA, April 16- Hypo Alpe Adria, the state bank whose woes will swell Austria's debt and deficits this year, is morphing into a national bogeyman for a country fed up with the lender's chronic need for support and policymakers' failure to resolve the issue.
*Shares in Alibaba shareholders Yahoo, Softbank jump. SAN FRANCISCO, April 15- Alibaba Group Holding Ltd's revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offering.
HONG KONG, April 16- Chinese e-commerce giant Alibaba Group Holding Ltd. is expected to file the prospectus for its U.S. initial public offering next week, sources said on Wednesday, moving closer to what could be the biggest-ever listing by a technology firm.
In his quest for stock ideas, Jim Cramer often turns to entrepreneurs on the cutting edge.
SAN FRANCISCO, April 15- Yahoo Inc barely managed to expand its core advertising business in the first quarter despite Chief Executive Marissa Mayer's two-year effort to revive growth at the Internet pioneer.
*Goldman Sachs and Morgan Stanley lead underwriters for offering. April 15- Moelis& Co's initial public offering has been priced at $25 per share- below its expected range- a market source said, valuing the independent investment bank at about $1.29 billion.
SAN FRANCISCO, April 15- Alibaba Group Holding Ltd accelerated revenue growth in the crucial fourth quarter, the company reported on Tuesday, a timely lift for the Chinese Internet company as it prepares for a highly anticipated public offering.
April 15- Twitter Inc said on Tuesday it bought social data provider Gnip for an undisclosed amount, signaling that it would take on a new role of packaging and selling data, a service in demand by business and government.
SAN FRANCISCO, April 15- Yahoo Inc barely managed to expand its core advertising business in the first quarter despite Chief Executive Marissa Mayer's two-year effort to revive growth at the Internet pioneer. Yahoo is trying to revitalize its business under Mayer, who took the reins about two years ago.
Reddit, majority owned by Conde Nast parent Advanced Publications, last month rolled out a new feature that lets users of the nine-year-old site post live updates, allowing them to report in real time.
SAN FRANCISCO, April 15- Yahoo Inc delivered modest revenue growth in the first quarter but its shares jumped on strong results from Alibaba Group Holding Ltd ahead of the Chinese e-commerce company's highly anticipated initial public offering. Shares of Yahoo were up roughly 8 percent to $36.90 in after hours trading on Tuesday.
SAN FRANCISCO— Yahoo is still prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer. Yahoo Inc. is making most of its money from its holdings in two Asian Internet companies— China's Alibaba Group and Yahoo Japan.
The Nasdaq staged a more than 2 percent rally back from the brink of correction territory Tuesday in the biggest one day turnaround in five years.
KRAMATORSK/SLAVIANSK, Ukraine, April 15- U krainian forces launched a "special operation" on Tuesday against separatist militia in the Russian-speaking east, authorities said, although aside from a landing by airborne troops the action was limited.
April 15- Calling the stock market downdraft a correction contained to technology may be both optimistic and premature. Last week was the worst for the tech-heavy Nasdaq index since June 2012, and though all major U.S. indices finished the week lower the most striking losses were among shares which had enjoyed very strong upward momentum.
4 Sleep Cycle alarm clock, Northcube AB. 9 Plague Inc., Ndemic Creations. 6 Family Guy: The Quest for Stuff, TinyCo, Inc..
The "Fast Money" traders share their final trades of the day.