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In the closing of the recent trading day, Alibaba (BABA) stood at $108.22, denoting a +1.41% move from the preceding trading day.
We recently published a list of Investors Are Dumping These 10 Stocks. Alibaba Group Holding Limited (NYSE:BABA) is one of the worst-performing stocks on Thursday. Alibaba dropped its share prices ...
Bye-bye, Altaba. The Yahoo spin-out created to house Yahoo's lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative ...
Confirming the fears posed by shareholders more than a year ago, Yahoo! YHOO announced this morning that it won't spin-off of its stake in Alibaba BABA due to the potential tax hits.
Yahoo officially announced in a statement Wednesday morning that it had suspended work on spinning off its Alibaba stake.
A move to abandon a spinoff of Yahoo’s Alibaba holdings would be a repudiation of the strategy laid out by CEO Marissa Mayer.
It's unlikely that Alibaba (BABA) will pursue Yahoo!'s (YHOO) Internet business if the search engine company decides to sell it.
Starboard Value is putting new pressure on Yahoo, calling on the company to halt the spinoff of its stake in Alibaba and instead sell its beleaguered Internet business.
Yahoo said on Monday that it will go forward with plans to spinoff its Alibaba shares into a separate company even if the IRS doesn't provide a "favorable ruling" on the tax free transaction.
SAN FRANCISCO - Yahoo will spin off its stake in Chinese e-commerce giant Alibaba without waiting to hear whether the Internal Revenue Service will allow the transaction to be tax-free. The ...