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Alibaba raises IPO price range

2014-09-16 07:55:00| Telecompaper Headlines

(Telecompaper) Alibaba Group has raised the subscription price for its initial public offering of shares. Due to strong demand, the Chinese e-commerce group now expects to price the IPO at USD 66-68 per share, versus an earlier indicated range of USD 60-66. At the top of the range, this would raise USD 21.8 billion, and if the over-allotment option is exercised, USD 25 billion. Alibaba has not specified a use for the funds raised, saying they will go only to "general corporate purposes". 

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Alibaba raises price of share sale

2014-09-16 00:48:05| BBC News | Business | UK Edition

Chinese online giant Alibaba increases the price range of its initial public offering, meaning it could raise more than $25bn when it lists in New York.

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MKM Partners Raises Eli Lilly and Price Target to $65.00

2014-09-15 20:15:38| Food - Topix.net

The firm currently has a "neutral" rating on the stock. MKM Partners' price target would indicate a potential downside of 0.41% from the stock's previous close.

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MKM Partners Raises Eli Lilly and Price Target to $65.00

2014-09-15 19:54:18| Agriculture - Topix.net

The firm currently has a "neutral" rating on the stock. MKM Partners' price target would indicate a potential downside of 0.41% from the stock's previous close.

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Credit Suisse Raises Bunge Price Target to $85.00

2014-09-13 16:55:05| Agriculture - Topix.net

Credit Suisse's price objective would suggest a potential downside of 1.57% from the company's current price. Several other analysts have also recently commented on the stock.

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