Alibaba, U.S. grocer Kroger had early business development talks: source

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Alibaba (BABA) PT Raised to $230 at Stifel on F3Q18 Earnings Preview; 'Revenue Forecasts Above Consensus... Driving Growth in Core Commerce with Strong Opportunity to Improve Monetization'

January 29, 2018 6:18 AM EST

Stifel raised its price target on Alibaba (NYSE: BABA) to $230.00 (from $210.00) while maintaining a Buy rating, ahead of the company's 2018 fiscal third quarter earnings report on February 1st, before the market open.

Analyst Scott Devitt notes a positive outlook on the shares, ahead of... More

Will Alibaba (BABA) be Kroger's (KR) Answer to Amazon (AMZN)-Whole Foods?

January 25, 2018 12:07 PM EST

By now, Kroger (NYSE: KR) investors are used to panic caused by headlines from online juggernaut Amazon (Nasdaq: AMZN), owner of rival Whole Foods, but today the shoe was on the other foot.

According to reports in the New York Post and Reuters, Kroger and Chinese tech company Alibaba had early-stage discussions about... More