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Alibaba Update: Intriguing Developments With These "Backdoor" Profit Plays

And thanks to some new developments, it’s a topic we need to revisit.

In a development late last week, the Hong Kong-based Alibaba said it’s looking at early September for what could be the biggest initial public stock offering (IPO) in global financial history. The company is now planning to price its offering sometime after Labor Day, a person briefed on the matter said on Thursday.

Alibaba valued itself at $130 billion in a recent regulatory filing, up from an earlier recent estimate of $116 billion. Valuations of the company have surged over the past year after earnings essentially tripled. A year ago the company was valued at $62.5 billion.

The big debate on Wall Street right now has to do with how Alibaba will value itself for purposes of the IPO.

  • Featured Story

    Five State of the Union Bullet Points You Need to Know

    Since President Obama's speech Tuesday night, I have read a lot of articles dissecting his remarks and picking his proposals apart. As you might suspect, the vast majority have been politically charged by one side of the aisle or the other.
    As Chief Investment Strategist for Money Map Press, I can't afford the luxury of taking sides. It's my job to help the hundreds of thousands of investors who are part of our "family" keep and grow their money... politics aside.
    That's why I put together these five bullet points - key takeaways, really - from the president's speech that can help you grow your money this year and for the remainder of his second term.
    Take a look...
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  • state of the union history

  • State of the Union Speech to Disguise True Obama Agenda People obama_angry

    In his State of the Union speech Tuesday night, U.S. President Barack Obama will risk the ire of Republicans by telling the nation the government needs to spend more money to restore economic prosperity.

    President Obama will spend much of his fifth State of the Union address outlining several new initiatives aimed at bringing relief to middle-class Americans hard hit by the Great Recession, White House officials have told several major news organizations.

    "Our single biggest remaining challenge is to get our economy in a place where the middle class is feeling less squeezed, where incomes sustain families," a senior administration official who had seen a draft of the speech told The Washington Post.

    But while the U.S. economy will be the overriding theme of President Obama's State of the Union speech, many of the proposals will not coincidentally advance many of the president's other favorite issues, such as climate change and education.

    According to those who have seen the speech, President Obama is expected to announce initiatives in education, infrastructure, clean energy and manufacturing. White House officials told The New York Times that the cost of these proposals would be offset by savings elsewhere in the budget - or new revenues.

    To continue reading, please click here...

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  • The 2012 State of the Union Tax Reforms That Could Affect You U.S. President Barack Obama outlined significant tax reforms in his 2012 State of the Union address Tuesday night. As expected, tax reform was a main theme in the president's speech, mentioned 34 times.

    The White House today (Wednesday) fleshed out in detail the tax reforms aimed to achieve the president's goals of reviving U.S. manufacturing and job creation.

    While some of the reforms received hearty applause from Congress members, many will be heavily battled by policymakers as well as the Republican candidates as the 2012 election heats up.

    2012 State of the Union Tax Reforms The following proposed... Read More...