Barclays Bullish On Foot Locker

In a recent report, analysts at Barclays reiterated their Overweight rating on Foot Locker, Inc. FL 0.87% despite the firm’s negative overall outlook for the industry. One of the driving forces behind the bullish reiteration is Foot Locker’s recent announcement of a boost to its 2015 capital allocation plan.

BABA

Alibaba Answering SEC Questions, Facing Domestic Probe

After experiencing all the bells and whistles of becoming listed on the New York Stock Exchange in September, Alibaba Group Holding Limited BABA 0.17% is now feeling the heat of being a public company. In the past several days, Alibaba has been facing scrutiny from both the U.S. Securities and Exchange Commission (SEC) and China’s…