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Fourth Quarter Report where revenue was up 45 . There are lingering concerns about their ability to up international revenue. Chairman jack ma Just Announced a hiring freeze. They are saying they are not doing enough to drak crack down fraud on the site. I spoke with the new c. E. O. Who went from c. F. O. To c. O. O. And now c. E. O. I asked him what he plans to do differently. We changed the leadership in our fields. We believe that today is the right time for us to bring the young generation to the leadership. As you know, alibaba this is a long journey. We need long generation to participate in the leadership and lead the company to the next part of journey. Emily how will you bring more talent into the leadership and management roles . Today if you look at our key Business Units and all the leaders, out of 1970s. We ....
Road map this morning, the markets coming off a weak day especially for the nasdaq but pointing to a higher open. Adp does miss. An 8 billion deal in bio tech. Its market value more than doubling this morning and were going to have more on sales for us and that continued speculation. And looking ahead to earnings from tesla and alibaba sliding to an all time low. First up data from adp shows they added only 169,000 jobs in april. Meantime, Oil Prices Continue to rise. Wti topping 62 sense since the first time in december. Once again, cant hold 2,100 although, i think youre probably interested in the bio tech stuff today. What can i say. These companies, you look at the variations and its a look at the actual market. I got labor running too hot. Oil going up way too fast for this market. Over the last week a lot of money being lost in bonds world wide. 400 billion. Not a good set up. Not a good set up. Madp 169. The estimate w ....
Repeatedly said, communicate quickly about our monetary policies so we do not take markets by surprise. Emily she spoke of the institute for new economic thinking in washington. Shes is on deals could see a sharp jump in the fed raises rates. The ecb has increased the cap on in emergency cash available to greek lenders. The limit was raised by 2. 3 billion, according to people familiar with the decision to the Ecb Governing Council is debating whether to tighten rules on further greek assistance as the greek bailout cost remain talks remain stalled. Pharmaceuticals Company Buying another committee for a . 4 billion in cash and stocks. The deal allows alexion to expand its drugs for Rare Diseases and help the committee reduce dependence on its blockbuster drug. The deal sent shares of both companies in opposite dire ....