Tag: Group

Ant Group – the $200bn technology titan you’ve never heard of

 Jack Ma, founder and CEO of the Alibaba Group - Jacques Brinon /Earns Alibaba
Jack Ma, founder and CEO of the Alibaba Group – Jacques Brinon /Earns Alibaba

He is known for his lavish parties and eccentric tastes. In the past Jack Ma, the 55 year-old billionaire founder of Chinese e-commerce giant Alibaba, has attended the group’s annual company festivals dressed up as a punk rocker or as Michael Jackson.

But the public float of his second company, Ant Group, could turn out to be his biggest extravaganza yet.

The forthcoming listing of the payments firm, which was announced on Monday, is expected to value it at $200bn (£158bn) – making it easily the

Read more

Did Hedge Funds Make The Right Call On Marvell Technology Group Ltd. (MRVL) ?

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards Marvell

Read more

The Hut Group Inks Beauty Deals Worth More Than 100 Million Pounds

Click here to read the full article.

LONDON — The Hut Group is pumping up its white label tech business, inking a string of deals worth more than 100 million pounds to develop e-commerce sites for brands including Elemis, Burt’s Bees, Nuxe and By Terry.

The Manchester, England-based group said Monday that THG Ingenuity, its technology services division, has been partnering with a string of independent brands and beauty companies, such as PZ Cussons and Revolution Beauty, to build and operate their direct-to-consumer sites internationally.

THG, the owner of e-tailer Lookfantastic, Espa and Illamasqua, among other names, said it was

Read more

AbbVie, Amkor Technology, Calix, The Hain Celestial Group and Acacia Communications

For Immediate Release

Chicago, IL – June 5, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: AbbVie Inc. ABBV, Amkor Technology, Inc. AMKR, Calix, Inc. CALX, The Hain Celestial Group, Inc. HAIN and Acacia Communications, Inc. ACIA.

Here are highlights from Thursday’s Analyst Blog:

50-Day Rally Spells Good Times for Wall Street: 5 Solid Buys

After a dismal March that squashed an 11-year-long bull market, Wall Street made quite

Read more

Is New Oriental Education & Technology Group Inc. (EDU) A Good Stock To Buy?

In this article we will take a look at whether hedge funds think New Oriental Education & Technology Group Inc. (NYSE:EDU) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks historically outperformed the market after adjusting for known risk factors.

Is New Oriental Education & Technology Group Inc. (NYSE:EDU) going to take off soon? Investors

Read more