SPX, DJIA and NDX all ended the week at new highs. For them, the trend remains higher.What is most interesting is the small cap index, RUT. Not only did it lose 1.2% this week while the other indices gained, but it is now more than 5% off its peak. For…
Obscured by stock market hoopla, and under the leadership of our fearless Treasury Secretary Jack Lew, the G-20 finance honchos fret about faltering global growth.
A Credit Suisse analyst has called for Sears Holdings (Nasdaq: SHLD) to liquidate its assets, saying that recent events surrounding the struggling retailer have him singing “This is the end.”
JFK in free-ranging conversation with David Collum, who calls himself “the Paris Hilton of financial commentary.” Dave is also the distinguished Betty R Miller Professor of Chemistry and Chairman of the Cornell University Department of Chemistry and Chemical …
With all the talk of Alibaba being the biggest IPO ever, the next question to answer is: How much is Alibaba really worth?
When Alibaba announced its initial stock price range, the company said it would reach a valuation of $155 billion at the midpoint of that range. Now that Alibaba has lifted the range, it will likely be valued much higher. A survey of Bloomberg analysts concluded that Alibaba could be worth roughly $200 billion following the IPO.
A key factor in how much Alibaba is worth is the Chinese e-commerce market.