60.95 +0.02 (0.03%)
After hours: 7:28PM EDT
|Bid||60.93 x 1800|
|Ask||61.00 x 900|
|Day's Range||60.07 - 61.50|
|52 Week Range||57.61 - 82.45|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||2.16|
|Earnings Date||Nov 19, 2018 - Nov 23, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||96.25|
In our business of community development and housing, when you see one person work for a year on their credit and budgeting, and finally be able to make their dreams come true — that’s a win.
Suvretta Capital Management is a young New York-based hedge fund founded by its current portfolio manager, Aaron Cowen, in 2012. Prior to founding Suvretta, Mr. Cowen honed his investment acumen working at two acclaimed large hedge funds: as a portfolio manager at Soros Fund Management, and as a CIO at SAC Capital. Prior to those positions, […]
NEW YORK (AP) — Ruby Rose has played some dangerous characters, like an inmate in "Orange Is the New Black" and a scientist battling a prehistoric shark in "The Meg." But the actress herself is now officially dangerous.
Altaba’s appeal as a play on Alibaba Group Holding has increased following a series of steps that have simplified its structure and reduced legal risk.
(Reuters) - Altaba Inc, formerly known as Yahoo! Inc, said https://www.sec.gov/Archives/edgar/data/1011006/000119312518274605/d615583dex991.htm on Monday it expects to incur a total of $47 million in litigation ...
Altaba, the former Yahoo, said it has closed the sale of its remaining Yahoo Japan stake for roughly $4.3 billion and will use the proceeds to buy back its stock.
Altaba Inc, formerly known as Yahoo! Inc, said https://www.sec.gov/Archives/edgar/data/1011006/000119312518274605/d615583dex991.htm on Monday it expects to incur a total of $47 million in litigation expenses ...
NEW YORK, NY / ACCESSWIRE / September 11, 2018 / U.S. markets were mixed Monday, with the Nasdaq and S&P 500 closing in the green as the technology sector rallied. The Dow Jones Industrial Average declined ...
Altaba Inc. on Monday afternoon announced that it would be selling its entire Yahoo Japan stake at a price of ¥354 a share. The company currently owns 1.36 billion shares of Yahoo Japan and won't have any after the competition of this offering. Altaba expects the shares to be delivered on Sept. 14. The company plans to use the proceeds from the offering to buy back shares of its own stock and for other general purposes. Altaba's chief executive said back in February that the company planned to actively monetize its stake in Yahoo Japan, and the company announced in a release Monday morning its intent to sell shares, though it did not specify the price. Altaba's stock was unchanged in after-hours trading. It's up 0.4% over the past 12 months, while Alibaba Group Holding Ltd. shares have fallen 7.5% and the S&P 500 index has risen 17%.
Altaba Inc. ("Altaba" or the "Fund") (AABA) today announced the determination to sell all of the shares (the "Shares") of Yahoo Japan Corporation ("Yahoo Japan") common stock that it currently holds to certain managers (the "Managers") in connection with an offering of the Shares (the "Offering") at a price of ¥354 per share. Altaba currently holds 1,363,531,700 shares of Yahoo Japan common stock and, after completion of the Offering, will not hold any shares of Yahoo Japan. The Offering is being made to qualified institutional buyers as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States and Japan in accordance with Regulation S under the Securities Act.
Altaba Inc. on Monday morning announced that it had reached an agreement with certain managers for the proposed sale of Yahoo Japan shares. The amount of shares to be sold is "undetermined," according to a release, and they are expected to be delivered on Friday, Sept. 14. Earlier this year, Altaba's chief executive officer said that the company was "moving to active monetization mode on our Yahoo Japan stake." Altaba shares are down 2.1% in Monday morning trading, while Alibaba Group Holding Ltd. shares are down 3.5% following the announcement that founder Jack Ma plans to step down as executive chairman in a year. Altaba's stock is flat over the past year, as the S&P 500 has climbed 17%.
Altaba Inc. ("Altaba" or the "Fund") (AABA) today announced that it has entered into an agreement with certain managers (the "Managers") regarding the proposed sale of an undetermined number of shares (the "Shares") of Yahoo Japan Corporation ("Yahoo Japan") common stock that it currently holds in connection with a proposed offering of the Shares (the "Offering"). Altaba currently holds 1,363,531,700 shares of Yahoo Japan common stock. The number of Shares to be sold, the sale price and the other terms of the Offering are expected to be determined at or prior to 8:00 A.M. on September 11, 2018 (Japan time) in light of investor demand, market conditions and other factors.
Investing.com - Bitcoin prices slipped on Monday, while Ethereum, XRP and Litecoin lost more than 3%. Japan’s Line Corp (NYSE:LN) announced on Friday that it would launch a cryptocurrency in September.
For the first time, the investment company formerly known as Yahoo! has unloaded some of its core stock holdings. That juicy Alibaba portfolio remains untouched, though.
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Hedge funds added to their positions in Spotify and Altaba during the second quarter and decreased their exposure to FAANGs, with the exception of Amazon.
Privacy concerns and slowing user growth haven’t dampened hedge funds’ enthusiasm for Facebook Inc (NASDAQ:FB) in the slightest. The latest hedge fund ownership data compiled by Insider Monkey shows that the social media giant is far and away the most popular stock among the funds that we track, based on the latest quarterly 13F filings, […]
The U.S. Securities and Exchange Commission’s San Francisco office is no stranger to high-profile tech cases -- with the firestorm swirling around Tesla Inc. just the latest to involve the regional unit. The office, whose attorneys are said to have made inquiries about the electric-carmaker’s public statements, is at the epicenter of efforts by Wall Street’s main regulator to police Silicon Valley. It’s been engaged in some of the SEC’s most high-profile cases this year including fraud charges against blood testing startup Theranos Inc. and a massive data breach at Yahoo! Inc. (now known as Altaba Inc.).
Altaba Inc. (“Altaba” or the “Fund”) (AABA) announced today the final results of its tender offer to purchase up to 195,000,000 (approximately 24%) shares of its common stock, at a price per share equal to (i) 0.35 American Depository Shares (“Alibaba ADSs”) of Alibaba Group Holding Limited, a Cayman Islands company (“Alibaba”), which are held by the Fund in its investment portfolio, less any Alibaba ADSs withheld to satisfy applicable withholding taxes and subject to adjustment for fractional Alibaba ADSs, and (ii) $8.93 in cash, less any cash withheld to satisfy applicable withholding taxes and without interest. The amount of the cash portion of the offer consideration was determined by multiplying the previously announced Alibaba VWAP of $178.5246 by 0.05.
NEW YORK, Aug. 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ING ...
Altaba Inc. (“Altaba” or the “Fund”) (AABA) announced today the preliminary results of its tender offer to purchase up to 195,000,000 (approximately 24%) shares of its common stock, which expired at 5:00 p.m., New York City time, on August 8, 2018. Based on the preliminary count by Computershare Trust Company, N.A., the exchange agent for the tender offer, a total of 360,358,790 shares of the Fund’s common stock were properly tendered and not properly withdrawn.