News about <![CDATA[stocks]]> News about en-us <![CDATA[Key Earnings for the Week Ahead – Facebook (FB) Too…]]> ]]> <![CDATA[TDI Podcast: The Failing Wealth Effect, Tesla Ready for a Move (#360)]]> ]]> <![CDATA[Thoughts from Myron — A Contrast in Gold Miners]]> <![CDATA[Book Review: The Death of Money]]> <![CDATA[Fincra Pty Ltd launches Private Share Offer and Revolutionary Bitcoin Project information]]> <![CDATA[Sorted Weekly Tweets]]> <![CDATA[As Alibaba IPO Date Approaches, These Stocks Are Getting a Boost]]>

According to a Reuters report this week, Alibaba could file for an initial public offering as soon as Monday, April 21, meaning an IPO date for the Chinese e-commerce company is just months away.

Analysts estimate that the IPO could raise $15 billion and possibly as much as $16 billion for Alibaba. That would be the biggest U.S. IPO since Facebook Inc.'s (Nasdaq: FB) highly publicized 2012 debut. Facebook's public offering raised $16 billion and was the largest tech IPO in U.S. history.

The post As Alibaba IPO Date Approaches, These Stocks Are Getting a Boost appeared first on Money Morning - Only the News You Can Profit From.

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For the fourth straight trading session, U.S. stocks climbed on news that General Electric Co. (NYSE: GE) and Morgan Stanley (NYSE: MS) and other companies beat quarterly expectations.

The Dow Jones Industrial Average today fell 16 points to 16,408.5; the S&P 500 gained 2.5 points to 1,864.8; the Nasdaq rose 9.2 points to 4,095.5.

The post Dow Jones Industrial Average Today: Your 5 Must-Read Stories appeared first on Money Morning - Only the News You Can Profit From.

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Wall Street is full of adages, superstitions, and myths - and that includes the explanation of why the stock market is closed on Good Friday.

Good Friday is the only non-federal holiday when the NYSE closes. Rumor has it that it's closed due to serious crashes that occurred in the years it did open that day.

The post Why the Stock Market Is Closed on Good Friday appeared first on Money Morning - Only the News You Can Profit From.

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