Yahoo! Climbs Pre-Market With Alibaba IPO Announcement

Yahoo Inc. (NASDAQ:YHOO) shares are up between $38.40 and a high of $39.79 in early Monday pre-market trade after China-based Alibaba said it will hold its Initial Public Offering (IPO) in the U.S. The e-commerce company is reportedly in talks with about six banks to underwrite the IPO. The listing could bring in about $15 billion to the company, and it would be significant to … Continue reading Yahoo! Climbs Pre-Market With Alibaba IPO Announcement

Hot Alert: Giant Interactive Group (NYSE:GA), KLA-Tencor (NASDAQ:KLAC), Windstream Holdings (NASDAQ:WIN), Glu Mobile Inc. (NASDAQ:GLUU)

Giant Interactive Group, Inc. (ADR) (NYSE:GA) gets a higher grade this week, advancing from a B last week to an A. Giant Interactive Group develops and operates online games in the People’s Republic of China. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. Giant Interactive Group Inc (ADR) (NYSE:GA) finished the day at … Continue reading Hot Alert: Giant Interactive Group (NYSE:GA), KLA-Tencor (NASDAQ:KLAC), Windstream Holdings (NASDAQ:WIN), Glu Mobile Inc. (NASDAQ:GLUU)