Traders Alert: Transocean LTD (NYSE:RIG), Alibaba Group Holding Ltd (NYSE:BABA)

On Wednesday, Shares of Transocean LTD (NYSE:RIG), added 0.09% and closed at $10.83 in the last trading session. The last trading range of the stock ranges between $10.53 and $10.89. Alerian declared recently that Transocean Partners (RIGP) is expected to be removed from the Alerian Small Cap MLP Index (AMSI) in a special rebalancing.

Special rebalancings are triggered by corporate actions such as mergers, bankruptcies, and liquidations. Pending unitholder approval, RIGP will cease to trade because of its merger with Transocean (RIG). If approved, the rebalancing will take place one trading day after the issuance of a press release indicating that all needed merger votes have passed.

The index will be rebalanced in accordance with its existing methodology. Constituent additions to and deletions from the index do not reflect an opinion by Alerian on the investment merits of the respective securities.

Alibaba Group Holding Ltd (NYSE:BABA), jumped 2.04% and closed at $92.86 in the last trading session. The last trading range of the stock ranges between $91.33 and $93.68. The company‚Äôs Market capitalization is $224.81 Billion with the total Outstanding Shares of 2.47 Billion. Alibaba Group Holding Limited (BABA) as of late proclaimed that RMB 120.7 billion (USD 17.8 billion) of gross stock volume (GMV) was settled through Alipay on Alibaba’s China and global retail commercial centers on November 11, 2016. Versatile GMV settled through Alipay represented 82 percent of aggregate GMV.

“The current year’s 11.11 is a review without bounds of retail, where stimulation, business and intelligent engagement meet flawlessly,” said Daniel Zhang, CEO of Alibaba Group. “From the commence of warm-up exercises to the previous evening’s commencement celebration and completely through the 24-hour worldwide shopping celebration itself, we’ve seen remarkable engagement amongst purchasers and shippers. 11.11 showcased how on the web and disconnected retail will be rehashed to offer fresh out of the plastic new shopping encounters to our countless portable, carefully sharp dynamic clients.”

Key highlights from the 2016 11.11 Global Shopping Festival

Add up to GMV settled through Alipay was RMB 120.7 billion (USD 17.8 billion), a support of 32 percent difference to 20151

Add up to versatile GMV settled through Alipay was RMB 99 billion (USD 14.6 billion), speaking to around 82 percent of aggregate GMV, difference to 69 percent a year ago

Alibaba Cloud prepared 175,000 requests for each second at pinnacle

Alipay prepared more than 1 billion installment exchanges altogether, and handled 120,000 exchanges for every second at pinnacle

Cainiao Network prepared more than 657 million conveyance orders set on Alibaba’s China and universal retail commercial centers

This year was Alibaba’s most worldwide 11.11 shopping celebration since the initiation of the occasion in 2009, offering Chinese customers access to brands and items from organizations of all sizes far and wide. Highlights from the 2016 Global Shopping Festival include:

235 nations and districts with finished cross-outskirt exchanges

37% of aggregate purchasers bought from universal brands or traders

Top nations offering to China by GMV included: Japan, United States, South Korea, Australia, Germany

Top US marks by GMV included: Apple, Nike, New Balance, Playboy, Skechers

Top European brands by GMV included: Siemens, Philips, Adidas, Jack Jones, Only

Top Japanese brands by GMV included: Uniqlo, Panasonic, Sharp, Sony, SK-II

Top  Australian and New Zealand marks by GMV included: Jeanswest, UGG, Swisse, Macro, Blackmores

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