China regulator to launch campaign to clean up e-commerce, online ads
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China Regulator Urges Baidu (BIDU) to Change Mechanism for Paid Ads - Bloomberg
May 9, 2016 6:51 AM EDTBaidu.com (NASDAQ: BIDU) must adjust its paid advertising mechanism and add clear signs to identify commercial ads, said the Cyberspace Administration of China in a statement, according to Bloomberg.
Brean Capital Raises Price Target on Alibaba (BABA) Following Mixed 4Q
May 6, 2016 10:15 AM EDTBrean Capital reiterated a Buy rating on Alibaba (NYSE: BABA), and raised the price target to $100.00 (from $96.00), following the company's 4Q earnings report. Revenue came in at RMB 24.2bn (+39% YoY), exceeding consensus estimates of RMB 23.2bn. The upside was largely driven by stronger-than-expected revenue growth in core China retail marketplaces. Adjusted EPS came in at $0.47, trailing... More
Baird Remains Bullish on Alibaba (BABA) Following F4Q
May 5, 2016 3:30 PM EDTBaird reiterated an Outperform rating and $94.00 price target on Alibaba (NYSE: BABA) following the company's 4Q earnings report. Revenue and EBITDA of ¥24.2 billion and ¥11.5 billion were above consensus of ¥23.2 billion and ¥11.1 billion, respectively, driven primarily by continued improvements in user engagement and monetization rates of... More
