Alibaba (BABA) Tops Q2 EPS by 17c

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Go back to Alibaba (BABA) Tops Q2 EPS by 17c

RBC Capital Raises Price Target on Alibaba (BABA) to $95 Following 2Q Beat

October 27, 2015 4:09 PM EDT

RBC Capital reiterated an Outperform rating on Alibaba (NYSE: BABA), and raised the price target to $95.00 (from $80.00), following the company's 2Q16 earnings results. Non-GAAP EPS of 3.63 RMB beat Street estimates of 3.43 RMB. Revenue of 22.2B RMB beat Street views of 21.3B RMB.

Analyst... More

Alibaba (BABA) PT Raised to $92 at Summit Research Amid Strong Q2

October 27, 2015 10:14 AM EDT

Summit Research analyst Henry Guo reiterated a Buy rating and boosted his price target on Alibaba (NYSE: BABA) to $92.00 (from $81.00) following strong September quarter results with revenue 4% above the Street and beating consensus on the bottom-line by three cents, despite aggressive... More

Yahoo! (YHOO) Gains as Alibaba (BABA) Tops Views

October 27, 2015 6:52 AM EDT

Yahoo! (NASDAQ: YHOO) is trading up 4.8% following strong quarterly results from Alibaba (NYSE: BABA) this morning. Shares of BABA are up 8%.

... More

Alibaba gets more bang for its buck as revenue growth tops forecasts

October 27, 2015 6:34 AM EDT

(Reuters) - China's Alibaba Group Holding Ltd (NYSE: BABA) is squeezing more money from online shopping than expected, beating analyst forecasts for revenue growth, as mobile shopping grows.

The company wrung out higher-than-expected revenue growth of 32 percent year-on-year, even as gross merchandise volume (GMV), the total value of goods transacted across its platforms, sank to its slowest annual growth rate in more than three years.

Alibaba's U.S.-listed shares closed about 4 percent higher on Tuesday, after rising as much as 8.4 percent during market hours.

The group now faces a... More