Alibaba's Day Boosts Yahoo, Ellison Out at Oracle, Cramer Drills Ensco
The biggest IPO of 2014 has arrived -- it's time for Alibaba's arrival on public markets, after an initial delay took the offer through the end of summer.
The countdown is over and the biggest IPO of 2014 has arrived -- it's time for Alibaba's arrival on public markets, after an initial delay took the offer through the end of summer. For the last month, Yahoo! shares have served as a proxy for market watchers waiting on Alibaba's roadshow. Plus, Oracle CEO Larry Ellison steps down from the lead role at the company he brought public in 1986 . And, Jim Cramer is drilling down on one bet that's been a money-loser for a lot of investors in 2014, but now, he says, the offshore driller is set to strike it rich on public markets, and Jim is looking for double-digit gains.
