Domino Effect: Alibaba Group Holding (BABA), Yahoo! (YHOO)
Post# of 265
Posted On: 01/30/2015 1:00:22 AM
Shares of Alibaba Group Holding Limited (BABA) tumbled 8.78% on Thursday, after the company reported revenue on its financial results that missed analysts’ expectations.
For the quarter ended December 31, 2014, BABA posted revenue of $4.22 billion, a 40% increase compared to the same period the prior year, but below the Capital IQ Consensus Estimate revenue of $4.45 billion.
In the period, BABA's non-GAAP diluted earnings per share rose 13% year over year to $0.81.
Brokerage firm Stifel downgraded BABA from Buy to Hold and removed its price target on the company from $115.00 to $101.00 per share.
Yahoo! Inc. (YHOO) owns 384 million shares of BABA, representing a 15% stake in the Chinese e-commerce giant. This means that a change in the price of BABA stock can potentially cause the price of YHOO stock to rise or fall. YHOO saw its shares fall 5.88% on Thursday's trading session.
YHOO announced recently a plan for a tax-free spin-off of its stake in BABA into a newly formed independent registered investment company named SpinCo.
The stock of the new company will be distributed pro rata to YHOO shareholders, resulting in SpinCo becoming a separate publicly traded company. SpinCo will assume no debt in the transaction, and YHOO will retain its cash.
BABA, through its subsidiaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. BABA operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online business-to-business marketplace that focuses on global trade among businesses; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
More about Alibaba Group Holding Ltd. (BABA) at www.alibabagroup.com
YHOO is a guide focused on making users’ daily habits inspiring and entertaining. By creating highly personalized experiences for its users, YHOO keeps people connected to what matters most to them, across devices and around the world.
More about Yahoo! Inc. (YHOO) at www.yahoo.com
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Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Fullerton, CA ( www.fullerton.crwe-pr.com ) into the CRWE Network.
Fullerton is located in northern Orange County, California, approximately thirty minutes southeast of Los Angeles. It is home to several higher educational institutions, notably California State University, Fullerton and Fullerton College. Visitors to Fullerton will find a unique mix of retail shops, restaurants, cultural attractions and much more.
The City of Fullerton had an estimated population in 2013 (U.S. Census Bureau) of 138,981, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S., associated with 3456 ZIP Codes, and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
Online video is gaining strength as a source for content marketing. Strategic plans are being developed for CRWE’s division CRWE Tube ( www.crwetube.com ) to improve the potential future growth for the company.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
For the quarter ended December 31, 2014, BABA posted revenue of $4.22 billion, a 40% increase compared to the same period the prior year, but below the Capital IQ Consensus Estimate revenue of $4.45 billion.
In the period, BABA's non-GAAP diluted earnings per share rose 13% year over year to $0.81.
Brokerage firm Stifel downgraded BABA from Buy to Hold and removed its price target on the company from $115.00 to $101.00 per share.
Yahoo! Inc. (YHOO) owns 384 million shares of BABA, representing a 15% stake in the Chinese e-commerce giant. This means that a change in the price of BABA stock can potentially cause the price of YHOO stock to rise or fall. YHOO saw its shares fall 5.88% on Thursday's trading session.
YHOO announced recently a plan for a tax-free spin-off of its stake in BABA into a newly formed independent registered investment company named SpinCo.
The stock of the new company will be distributed pro rata to YHOO shareholders, resulting in SpinCo becoming a separate publicly traded company. SpinCo will assume no debt in the transaction, and YHOO will retain its cash.
BABA, through its subsidiaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. BABA operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online business-to-business marketplace that focuses on global trade among businesses; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
More about Alibaba Group Holding Ltd. (BABA) at www.alibabagroup.com
YHOO is a guide focused on making users’ daily habits inspiring and entertaining. By creating highly personalized experiences for its users, YHOO keeps people connected to what matters most to them, across devices and around the world.
More about Yahoo! Inc. (YHOO) at www.yahoo.com
**
Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet. The company is currently developing its CRWE Network ( www.CRWE-PR.com ), a growing network of community targeted sites.
It has recently included the City of Fullerton, CA ( www.fullerton.crwe-pr.com ) into the CRWE Network.
Fullerton is located in northern Orange County, California, approximately thirty minutes southeast of Los Angeles. It is home to several higher educational institutions, notably California State University, Fullerton and Fullerton College. Visitors to Fullerton will find a unique mix of retail shops, restaurants, cultural attractions and much more.
The City of Fullerton had an estimated population in 2013 (U.S. Census Bureau) of 138,981, and represents an important marketplace for the CRWE Network, which business model is based on selling advertising to businesses targeting both locally and nationally
The CRWE Network has reached the 1487th community website in the U.S., associated with 3456 ZIP Codes, and includes coverage in the states of California, Mississippi, Michigan, Florida, Nevada and New York, as well as across 10 provinces in Canada.
Online video is gaining strength as a source for content marketing. Strategic plans are being developed for CRWE’s division CRWE Tube ( www.crwetube.com ) to improve the potential future growth for the company.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
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