Some of the names on the move ahead of the open.» Read More
eBay fell$. 12 or. 2 percent, to $52.58. Groupon Inc. rose$. 10 or 1.5 percent, to $6.99. LinkedIn Corp. rose$. 42 or. 2 percent, to $210.92.
NEW YORK, Sept 19- U.S. stocks were set to rise at the open on Friday after Scotland's vote to remain in the United Kingdom removed market uncertainty and as Alibaba's strong pricing gave support to risk assets. Alibaba priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday.
NEW YORK, Sept 19- Shares of Yahoo were gaining 1.7 percent in the highest volume by far on the Nasdaq early on Friday, after Alibaba priced its initial public offering at $68 a share, the top end of the expected range.
The market is fixed on Alibaba's IPO, but there's another emerging middle class creating an e-commerce giant—and in the land of Ali Baba.
NEW YORK, Sept 19- U.S. stock index futures were rising early on Friday, building on record highs set in the previous session by the Dow industrials and S&P 500 and ahead of the debut of Alibaba Group on the New York Stock Exchange.
Ronald Josey, JMP Securities senior analyst, discusses Yahoo's stake in Alibaba and explains why it may be less of a catalyst than investors think.
Yahoo is making amends for years of blundering with one smart move: An investment in China's Alibaba that has turned into a multibillion-dollar boon.
SAN FRANCISCO— Yahoo is making amends for years of blundering with one smart move: an early investment in China's Alibaba Group that has turned into a multibillion-dollar boon.
NEW YORK— Alibaba's stock is surging as the Chinese e-commerce powerhouse's begins its first day trading as a public company. Jubilant CEO Jack Ma stood on the NYSE trading floor Friday as eight Alibaba customers, including an American cherry farmer and a Chinese Olympian, rang the opening bell from the floor of the New York Stock Exchange.
There are plenty of reasons not to buy Alibaba. But do any of them tread water with Cramer?
eBay rose$. 75 or 1.4 percent, to $52.70. Groupon Inc. fell$. 08 or 1.1 percent, to $6.89. LinkedIn Corp. rose$. 46 or. 2 percent, to $210.50.
NEW YORK— Alibaba, the Chinese e-commerce powerhouse named after a fabled, poor woodsman who discovers a thieves' den full of treasures, is ready to strike it rich on the New York Stock Exchange. That's bigger than the current market value of Amazon, Cisco, and eBay.
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.
NEW YORK, Sept 18- Alibaba Group Holding Ltd's shares do not begin trading until Friday, so investors hungry for a bite of the Chinese e-commerce giant have turned their attention to Yahoo Inc's options in recent days. The volume of options trading in Yahoo- which has a big stake in Alibaba- has risen steadily over the last month.
Sept 18- Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday. "I'd put them in a class of Facebook and Google with the scale they have, growth prospects and profitability," said Scot Wingo, CEO of e-commerce software provider ChannelAdvisor.
Chris Ciaccia, TheStreet.com, discusses the upcoming Alibaba IPO and what it means for Yahoo.
What the Alibaba IPO means for Yahoo, with CNBC's Josh Lipton.
NEW YORK, Sept 18- U.S. stocks were higher in afternoon trading on Thursday, with the S&P 500 hitting a record peak a day after the U.S.
eBay rose$. 36 or. 7 percent, to $52.31. Groupon Inc. fell$. 14 or 2.0 percent, to $6.83. LinkedIn Corp. fell$. 05 or percent, to $209.99.
Apple Inc. rose. 2 percent to $101.79 with 35,902,100 shares traded. Facebook Inc. rose. 7 percent to $77.00 with 22,472,500 shares traded. Gilead Sciences Inc. rose 2.0 percent to $105.93 with 16,071,400 shares traded.