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Tag: November

Retail sales fall short in November amid late Thanksgiving

Get great content like this right in your inbox. Subscribe Retail sales advanced at a snail’s pace in November as consumers cut back on spending.  Retail sales inched up 0.1% in November over October and were up 2.1%   year-over-year,  reported the National Retail Federation. The numbers exclude automobile dealers, gasoline stations and restaurants. NRF’s …

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Alibaba readies $13 billion Hong Kong listing before end of November

Attendees pass by an Alibaba.com display at CES 2019 in Las Vegas. David Becker | Getty Images Alibaba is planning a secondary listing in Hong Kong which is likely to take place in the last week of November and raise approximately $13 billion, a source with direct knowledge of the matter told CNBC. The Chinese …

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5 things to know before the stock market opens November 8, 2019

1. Dow set to open higher, Treasury yields dip after big surge Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the closing bell on October 2, 2019 in New York City. Drew Angerer |Getty Images 2. Navarro vs. Kudlow on tariffs future in a ‘phase one’ US-China …

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Alibaba to resume Hong Kong listing plans as soon as November -sources, Retail News, ET Retail

By Julie Zhu and Joshua Franklin HONG KONG/NEW YORK, – Alibaba Group Holding Ltd is eyeing a listing in Hong Kong as early as November to raise up to $15 billion, after political unrest put the move on ice earlier this year, people familiar with the matter said on Wednesday. Alibaba’s listing would boost Hong …

Alibaba to resume Hong Kong listing plans as soon as November -sources, Retail News, ET RetailRead More