Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO, Aug 9 Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 percent stake in Chinese Internet company Alibaba Group.
March 13 Victory Giant Technology (HuiZhou) Co Ltd :
* Says net profit for FY 2017 Q1 to increase by 10 percent to 20 percent, or to be 44.0 million yuan to 47.9 million yuan, compared to net profit of FY 2016 Q1 (40.0 million yuan)
* Says increased order volume as main reason for the forecast
Source text in Chinese: hsvp.com/3881
Further company coverage: (Beijing Headline News)
* Penalty is largest FTC has ever imposed for violating an order