Lucy Ryan | The Cinema Post - Part 25
Tuesday , May 21 2019
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Alibaba Group Holding Ltd (NYSE:BABA) Becomes Market Mover on IPO

Alibaba Group Holding Ltd., (NYSE:BABA) is aims to debut in U.S. trading today following raising $21.8B in its initial public offering, according to Bloomberg . The firm and shareholders comprising Yahoo! Inc. (NASDAQ:YHOO) sold 320.1M shares for $68 each, according to a firm statement. The sale worths Alibaba at $167.6B, …

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Financial Sector Stocks in Focus- The Blackstone Group L.P. (BX), Washington Prime Group Inc (WPG), Glimcher Realty Trust (GRT)

stocks

The Blackstone Group L.P. (NYSE:BX) is planning to lift around $16B for its latest takeover fund, according to WSJ, quoting sources familiar with the matter. Blackstone Capital Partners VI involved several of the world’s leading private-equity investors, comprising the California Public Employees’ Retirement System as well as Canada Pension Plan …

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Services Stocks Quick News Facts- United Parcel Service, Inc. (UPS), Hertz Global Holdings, Inc. (HTZ), Dicks Sporting Goods Inc (DKS)

STOCKS

United Parcel Service, Inc. (NYSE:UPS) reported on Tuesday that it anticipates to hire among 90,000 – 95,000 seasonal employees to hold the expected holiday increase in package deliveries that will start in October as well as continue through January 2015. The firm reported that it is gearing up for rose …

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Microsoft Corporation (NASDAQ:MSFT) To Open Door of New Prospects As Weibo Corp and Vimicro International were Tech Movers

Microsoft Corporation (NASDAQ:MSFT) imminent acquisition of Mojang, the Swedish developer with 100M players of its open world Minecraft game, is more intended at pulling users onto the software firm’s obscure mobile platform than its better-known PC system or Xbox game console. Purcahsing of Minecraft would facilitate CEO Satya Nadella in …

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Tech Gainers Roundup – ReneSola Ltd., 21Vianet Group Inc., and Conversant Inc.

Solar photovoltaic product manufacturer, ReneSola Ltd. (ADR) (NYSE:SOL) recently signed a deal with an Indian engineering, procurement as well as construction firm Juwi India Renewable Energies Pvt. Ltd. to supply 10MW of its Virtus solar modules to the latter. Per the contract, ReneSola will offer the modules in Sep and …

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Services Stocks In Under Pressure: RadioShack Corporation, Target Corporation, and MGM Resorts International

RadioShack Corporation (NYSE:RSH) dropped down over around 11% in previous trading session as it is bearing in mind a $585M financing package led by hedge fund Standard General LP as well as investment bank UBS AG, according WSJ, citing people familiar with the matter. According to this plan, UBS will …

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