Asian equities declined on Thursday as investors focused on key Chinese manufacturing data and sliding oil prices.» Read More
TOKYO/ NEW YORK, Sept 28- Japan's SoftBank Corp is in talks to acquire DreamWorks Animation SKG, a person with knowledge of the situation said.
SAN FRANCISCO/ NEW YORK, Sept 26- Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo Inc and urged the Internet company to explore a merger with AOL Inc.. Shares of Yahoo rose 4.4 percent to close at $40.60, while AOL jumped 3.7 percent to $44.55, both on Nasdaq.
SAN FRANCISCO, Sept 26- Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo Inc and urged the Internet company to explore a merger with AOL Inc..
Asian markets started the data-light week on the back foot, with major indices posting steep losses.
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning middle class.
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares surged in their first day of trading on Friday as investors jumped at the chance to get in on what looks likely to be the largest IPO in history and profit from China's growing middle class.
The IPO was expected to be the largest in history and to give Alibaba a massive valuation—making founder Jack Ma one of the world's richest men.
Alibaba's IPO will unleash a flood of wealth for Jack Ma and Joseph Tsai, but unlike some other tech IPOs, the big money isn't being spread around the company.
Alibaba's long-awaited IPO is finally around the corner, making this a good time to take a look at just how an IPO works.
Asian equity markets ended mostly lower on Tuesday as investors awaited the start of a U.S. Federal Reserve meeting later in the day.
TOKYO, Sept 16- Japanese stocks broke a five-day winning streak on Tuesday as most investors stayed on the sidelines ahead of this week's outcome of the Federal Reserve meeting, though SoftBank jumped on news of strong demand for Alibaba's initial public offering in the United States. The Nikkei share average dropped 0.2 percent to 15,911.53.
TOKYO, Sept 16- Japanese stocks edged down on Tuesday as most buyers camped out ahead of this week's outcome of the Federal Reserve meeting, though Softbank jumped on news of strong demand for Alibaba's initial public offering in the United States.
Sept 15- The London- based international law firm Freshfields Bruckhaus Deringer has hired a veteran M&A lawyer from New York- based Shearman& Sterling, according to two people familiar with the matter.
Sept 15- Carlos Slim's America Movil has contacted AT&T Inc and SoftBank Corp as the telecommunications company tries to sell a chunk of assets that could be worth up to $17.5 billion, Bloomberg reported on Monday, citing people with knowledge of the matter.
America Movil is pushing to sell some assets for at least $20 billion, a source told CNBC.
Simon Xie is the only individual besides Executive Chairman Jack Ma who owns the domestic Chinese companies.
BEIJING, Sept 15- Inside Alibaba, where co-founders are revered like rock stars, relatively few employees know about the soft-spoken executive who for years kept his same cramped office, unfashionable clothes and the self-effacing demeanor of a metalworker's son.
The retail investor may not have a chance to get into the Alibaba IPO, but here's another way to own it, GVA Research's David Garrity said.
Asian equity markets were mixed on the final trading day of the week as investors avoided making aggressive bets before a key set of Chinese data over the weekend.
The hedge fund community appears to be salivating over Alibaba, with interest from Leon Cooperman, Dan Loeb and other major players.