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Latest Breaking News On - New companies creation - Page 6 : comparemela.com
Alibaba Stock Keeps Falling Analysts Rush to Cut Targets After Spinoff Ditched
Citing new U.S. export rules on chips, Alibaba cancelled its hotly-anticipated cloud unit spinoff on Thursday in a shock move.
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Alibaba beats on profit and announces dividend, but its stock still falls
Shares of Alibaba were tumbling in premarket trading as the company said it would shelve some spinoff plans.
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Alibaba Shares Drop on Scrapped Spinoff Plan
By Dean Seal Shares of Alibaba Group fell after the company canceled a spinoff of its Cloud Intelligence Group. The stock was down 8.2% at $79.94 in.
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Alibaba Scraps Cloud Unit Spinoff, Citing Washington s Chip Curbs
Chinese tech giant says export ban on advanced chips may also affect its wider business
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3M Says Planned Healthcare Spinoff to Be Named Solventum
By Denny Jacob 3M said the name of its planned, independent healthcare company would be named Solventum following its spinoff. The manufacturer said the new.
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