Notable Earnings: Alibaba (BABA), Merck (MRK), Discovery (DISCA), Elizabeth Arden (RDEN)

Alibaba Group Holding Limited (BABA) shares are up $2.68 to $78.50 in pre-market trading Thursday after the company reported its fourth-quarter earnings results. China’s biggest e-commerce company posted earnings of $0.47 per share on revenues of $3.75 billion. Analysts were expecting EPS of $0.55 on revenues of $3.58 billion. — Merck & Co. Inc. (MRK) […] View the full post at: Wall Street Pit Related posts: Research In Motion Q2’08 Earnings Report Microsoft Reports Sharp Dip in Q1 Profits Morgan Stanley Posts its First Quarterly Profit in a Year