Alibaba is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters.» Read More
Alex Ferrara, Bessemer Venture Partners, provides insight on growth and profitability expectations for Alibaba. Ferrara also talks about the risk of the Chinese government interfering in the company's business.
It may also evaluate an outright sale of American Tire to another company in a so-called dual track process, some of the people said.
Nexenta makes open source-based "software-defined storage", which a client uses to save data on hardware from other vendors, thereby avoiding costly' package deals' that require buying hardware and software from the same vendor such as NetApp Inc or EMC Corp..
Chad Dickerson, Etsy CEO, discusses job creation and explains why Brooklyn, New York, is the perfect place to build their online retail shop.
The "Squawk on the Street" news team discuss the red-hot bull market as the Dow and S&P 500 sit at record highs, and the Nasdaq moved back to breakeven for the year.
BEIJING/ SAN FRANCISCO, May 14- Alibaba is taking a tougher line against counterfeit items sold on its online marketplaces as the Chinese e-commerce giant heads towards a U.S. stock listing that could be the world's biggest technology company IPO.
BEIJING, May 13- Jack Ma, the founder and executive chair of Alibaba Group Holding, said investors and entrepreneurs can fall out like domestic couples squabbling over their children in a blog post published late on Monday as the Chinese e-commerce juggernaut prepares for its blockbuster initial public offering.
May 12- Citizens Financial Group Inc, the U.S. unit of Britain's Royal Bank of Scotland, filed with U.S. regulators for an initial public offering of common stock that would raise about $100 million.
May 12- Citizens Financial Group Inc, the U.S. unit of the Royal Bank of Scotland, filed with U.S. regulators for an initial public offering of common stock that would raise about $100 million. Morgan Stanley, Goldman, Sachs& Co and JP Morgan are the lead underwriters for the IPO, the company said in a filing with the U.S. Securities and Exchange Commission on Monday.
As investors await Alibaba's IPO later this year, Bethany McLean, Vanity Fair contributing editor, says there is a fair amount of risk associated with the e-commerce giant.
*To offer up to 81 mln shares, or 38 pct stake, in IPO. NAIROBI, May 12- The Nairobi Securities Exchange will sell up to a 38 percent stake in an initial public offering by the end of next month to raise funds for new products and enhance transparency, its chief executive said.
Francis Gaskins, research director at Equities.com, discusses the Alibaba IPO and whether a higher valuation than Facebook would be justified.
Gokul Laroia, Co-CEO for Asia of Morgan Stanley, says 'New China' sectors like healthcare and education may take the lead from financials in the Chinese market.
*Warehousing viewed as weak link in China supply chain. *More modern warehouses in Boston than China- consultancy. HONG KONG, May 12- Alibaba Group Holding Ltd's plans for a giant initial public offering in New York highlight vast potential for e-commerce in China- and the weak link the logistics industry must fix if explosive growth projections are to be reached.
Chinese Internet firm Tuniu Corp. debuted on the Nasdaq today, reports CNBC's Seema Mody.
James Stewart, The New York Times, discusses Morgan Stanley's comeback in the tech IPO arena and weighs in on the Alibaba IPO frenzy.
SHANGHAI, May 9- China issued new, detailed rules governing initial public offerings, seen as a signal that new listings will hit markets soon after a two-month hiatus while regulators tweaked regulations.
Antoine Chemali, CIO at Digital World Capital, says Alibaba's governance and share structure is a "concern" for investors looking to buy shares in the company when it goes public.
May 8- GrubHub Inc reported higher-than-expected revenue in its first quarterly results as a public company as more people used the online food-delivery service to order takeout meals. GrubHub's shares jumped as much as 8 percent in extended trading on Thursday after the company also forecast current-quarter sales above estimates.
Despite the recent pull-back in many tech stocks, some start-ups will still go to remarkable measures to get good press.