Alibaba, the Chinese eCommerce giant, wowed investors and analysts last week when it projected revenue growth for its fiscal year, which ended in March, of 45 percent to 49 percent, ahead of analysts’ already bullish expectations. While the company is benefiting from an expansion into...
August 05, 2019
In fewer than 18 months, HSBC’s chief executive officer John Flint is out, The Financial Times reported on Monday (Aug. 5). The surprise move is the result of differences over Flint’s strategy, someone familiar with the matter told the FT. Flint was less aggressive when it came to revenue targets and overhead reduction, the anonymous […]
June 12, 2017
Alibaba, the Chinese eCommerce giant, wowed investors and analysts last week when it projected revenue growth for its fiscal year, which ended in March, of 45 percent to 49 percent,...