JD.com (JD) Tops Q2 EPS by 7c
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August 12, 2016 11:01 AM EDT
Moody's Investors Service says that JD.com, Inc.'s (Nasdaq: JD) results for the second quarter of 2016 support its Baa3 issuer and senior unsecured debt ratings, and the stable outlook on the ratings.
"JD.com's strong cash flow generation from its retail business was in line with our expectations, and reflects the progress the company has made in raising its profitability and growing its scale, as well as in reaping benefits from its product category expansion," says Lina Choi, a Moody's Vice President and Senior Credit Officer.
"JD Finance achieved... More
August 11, 2016 8:44 AM EDT
Jefferies reiterated a Buy rating on JD.com, Inc (NASDAQ: JD), and raised the price target to $32.00 (from $31.60), following the company's 2Q earnings report. Revenue grew 42% yoy to RMB65.2bn, in line with management guidance and consensus. Management guided 3Q16 revenue at... More
