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Alibaba Starts IPO Process
The Wall Street Journal reported that Chinese e-commerce giant Alibaba Group Holding Ltd. said that it has decided to start the process of listing on a U.S. stock exchange, in what could be one of the...
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Investor Pressure Mounting on Yahoo’s Mayer
Wall Street wasn’t overly pleased with Yahoo’s (YHOO) second-quarter results yesterday, sending its shares tumbling downward over 5%. The surprise announcement that the company would return to...
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No Changes in CI Market Dashboard, Stays at All-Time Bearish Level
For the week ending September 26, 2014, one CI Market Dashboard indicator was bullish, five were bearish and three were neutral. None of the indicators triggered a new signal this week, nor were there...
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CI Market Dashboard Indicates Lack of Direction
To read about the activity with the individual CI Market Dashboard indicators this week, visit the Dashboard website. Week in Review The Memorial Day holiday-shortened trading week saw an uptick in...
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IRS Won’t Commit on Yahoo Spin-Off
Yahoo’s (YHOO) request to the Internal Revenue Service (IRS) for a letter determining that it’s proposed spin-off of it’s Alibaba shares would be tax-free has been denied. Yahoo also said though that...
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