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GameStop Analysts Weigh In Following Mixed Q1, Concerning Outlook
Monday, March 28, 2016 - 1:43pm | 679Read More...GameStop Corp. (NYSE: GME) shares slipped as much as 6 percent Monday after it reported mixed quarterly results and a disappointing outlook. However, the shares recouped some of its losses. "While the specialty retailer beat EPS estimates by $0.15 at $2.40, they missed on revenue and provided poor...
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Analysts Divided On Groupon CFO Departure
Thursday, June 4, 2015 - 12:00pm | 381Read More...Groupon Inc (NASDAQ: GRPN)'s shares were hammered by recent news of its chief financial officer's resignation, but several analysts were divided on the company's prospects Thursday. Groupon shares are off about 5 percent in the past five trading days and changed hands recently...
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A Look At Activision's New eSports Revenue Play
Friday, May 15, 2015 - 2:33pm | 598Read More..."League of Legends" and the "Defense of the Ancients" games have long-dominated the Multiplayer Online Battle Arena (MOBA) genre of electronic sports. These games combined for just over $1 billion from January to September 2014, according to SuperData Research via Venture Beat...
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Is The Force With Electronic Arts?
Monday, May 4, 2015 - 3:04pm | 332Read More...In a report published this morning, Credit Suisse Analyst analyst Stephen Ju stressed that the main highlight of the upcoming Q4 earnings results for Electronic Arts Inc. (NASDAQ: EA) were not a top or bottom line figure necessarily. Instead, Ju prioritized his focus on the 2016 guidance that...
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Sterne Agee: Video Games A 'Bright Spot' Over Thanksgiving Weekend
Tuesday, December 2, 2014 - 10:30am | 209Read More...According to Arvind Bhatia of Sterne Agee, video game sales remained a "bright spot" during Thanksgiving weekend based on the analyst's checks. Bhatia notes that Black Friday traffic at GameStop Corp. (NYSE: GME) may have been lower this year compared to last year, but this doesn...
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GameStop's Outlook May Be 'Conservative'
Friday, November 21, 2014 - 6:01pm | 248Read More...GameStop Corp. (NYSE: GME) extended its losses Friday on a weak third-quarter earnings report and outlook, while an analyst pointed to online computer game sales as a long-term threat. GameStop closed Friday at $37.86, down 13 percent. The company "is at the center of the gaming...
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GameStop Q3 Earnings Preview
Wednesday, November 19, 2014 - 5:56pm | 324Read More...GameStop Corp. (NYSE: GME) will announce Q3 earnings Thursday. Consensus estimates were for EPS of $0.61 on revenue of $2.2 billion. Wedbush analyst Michael Pachter “expected Q3 results at the high-end of guidance. Our estimates are for revenue of $2.28 billion, comps of up 5 percent,...
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Sterne Agee Remains Bullish On Activision Blizzard Following Earnings
Wednesday, November 5, 2014 - 12:10pm | 128Read More...On Wednesday, analysts at Sterne Agee commented on Activision Blizzard, Inc. (NASDAQ: ATVI) following third quarter financial results. For the third quarter 2014 the company reported EPS of $0.23 per share on revenue of $1.17 billion, beating top and bottom line estimates convincingly. Moreover...
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UPDATE: Sterne Agee Initiates Coverage On Yelp On Long-Term Prospects
Friday, October 10, 2014 - 7:25am | 184Read More...Sterne Agee initiated coverage of Yelp, Inc. (NYSE: YELP) in a report issued Thursday with a Buy rating and $85 price target. Analysts Arvind Bhatia and Brett Strauser were “bullish on Yelp’s longer-term prospects and its positioning vis-à-vis many of its competitors....
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Facebook's Inspiration Is Another Social Network's Innovation
Sunday, August 3, 2014 - 11:10am | 239Read More...Facebook (NASDAQ: FB) announced a handful of new apps and features last month, bringing a piece of Twitter, Amazon and Snapchat to the world's largest social network. "I would say Facebook is becoming more like Twitter through these kinds of innovations, rather than Twitter becoming...
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Facebook's New Snapchat Feature
Thursday, July 31, 2014 - 1:11pm | 544Read More...After failing to acquire Snapchat for $3 billion, Facebook (NASDAQ: FB) decided to compete head-on with its own set of features. The company started by launching Slingshot, a Snapchat-style image/messaging app that requires users to send back an image before they can open one they've...
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LinkedIn, Down 17% Year To Date, May Offer Stronger 2H Outlook
Tuesday, July 29, 2014 - 11:16am | 317Read More...LinkedIn (NYSE: LNKD) shares are down 17.5 percent year to date and when the company posts results Thursday, investors will look for signs of a slow-down in revenue growth as well as how markets in Asia are shaping up. CEO Jeffrey Weiner wants to see membership grow to more than 300 million....
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Facebook Hopes To Increase Engagement With 'Save' Bookmark Feature
Wednesday, July 23, 2014 - 12:18pm | 649Read More...Facebook (NASDAQ: FB) hopes that it can increase engagement among its 1.2 billion users by allowing them to save content for a later date. The social networking giant has made several announcements this month, starting with Mentions and a Buy button. Now the company has unveiled a save feature...
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Sterne Agee Questions Netflix's Addressable Market
Tuesday, July 22, 2014 - 9:32am | 286Read More...Sterne Agee analyst Arvind Bhatia recently released a note reiterating Netflix’s (NASDAQ: NFLX) Neutral rating. Netflix on Monday reported higher-than-expected 2014 Q2 earnings. Q2 guidance is also above expectations. The amount of domestic and international subscribers, streaming and...
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Sterne Agee Reiterates On Facebook, Sees $30 Billion In Revenue By 2018
Monday, June 23, 2014 - 10:11am | 153Read More...Sterne Agee analyst Arvind Bhatia is optimistic on Facebook's (NASDAQ: FB) position for "strong" future growth. Bhatia reported that Facebook's standalone apps are "yet-to-be-monetized." This positions the company for "strong" future growth in advertising,...
