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Stock Market & Financial Investment News

News Breaks
August 22, 2014
10:06 EDTWUBA, YOKU, AMPE, DKS, GME, ARWR, SPLS, FOLDOptions with decreasing implied volatility
Options with decreasing implied volatility: AMPE FOLD GME YOKU SPLS DKS WUBA ARWR ACHN
News For AMPE;FOLD;GME;YOKU;SPLS;DKS;WUBA;ARWR From The Last 14 Days
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July 27, 2015
11:22 EDTYOKU, WUBAAnalyst says Chinese Internet firms seeing 'healthy' consumer demand
Chinese Internet stocks are among the many classes of Chinese stocks traded in New York that are weak this morning, though research firm Pacific Crest wrote in a note to investors today that after traveling to China and conducting checks, the firm is more upbeat on e-commerce company 58.com (WUBA), online travel agency Qunar (QUNR) and online video company Youku Tudou (YOKU). WHAT'S NEW: After speaking with Chinese advertising and e-commerce companies, as well as with Chinese companies that are exposed to online services, Pacific Crest analyst Cheng Cheng believes that consumer demand for Internet products and services is "stable and healthy." The decline in the stocks of Chinese Internet companies has created buying opportunities, Cheng believes. He identified 58.com and Qunar as his favorite picks in the sector heading into second quarter results. Both stocks have declined about 20% over the last 1-2 months, but the core businesses of both companies are accelerating, the analyst stated. Specifically, most of 58.com's end markets "are showing strong or at least healthy underlying demand," while Qunar is poised to benefit from an acceleration of demand for its hotel rooms, the analyst believes. Meanwhile, Youku is benefiting from strong demand from advertisers, wrote Cheng, who kept Overweight ratings on 58.com and Qunar and maintained a Sector Weight rating on Youku. WHAT'S NOTABLE: Cheng added that he remains "positively biased" towards Baidu (BIDU) and Alibaba (BABA). Baidu is slated to report its second quarter results tonight. He kept Overweight ratings on both stocks. PRICE ACTION: In late morning trading, 58.com slid 4.6% to $62, Qunar retreated 5.7% to $40.65 and Youku fell 4.7% to $19.20 amid broad weakness in Chinese stocks trading in New York after China's home Shanghai composite index fell 8.5% overnight.
10:00 EDTDKSOn The Fly: Analyst Initiation Summary
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08:43 EDTYOKU, WUBAChina Internet consumer demand stable, healthy, says Pacific Crest
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06:02 EDTDKSDick's Sporting initiated with a Market Perform at Cowen
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July 24, 2015
06:53 EDTSPLSAmazon urges FTC to approve Staples-Office Depot deal, NY Post says
Amazon (AMZN) founder and CEO Jeff Bezos has reached out to FTC regulators through intermediaries supporting approval of Staples' (SPLS) proposed $6.3B offer to acquire Office Depot (ODP), the New York Post reports, citing sources familiar with the matter. Reference Link
July 21, 2015
10:14 EDTAMPEHigh option volume stocks:
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July 20, 2015
10:17 EDTSPLSHigh option volume stocks
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July 17, 2015
09:17 EDTGMEGameStop completes Geeknet acquisition
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05:51 EDTGMEJune NPD video game software sales rose 21%, says Piper Jaffray
Piper Jaffray notes June NPD video game software sales were up 21% year-over-year, driven by Batman: Arkham Knight from Warner Bros. Piper remains positive on the group and keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO).
July 16, 2015
13:22 EDTGMEBest Buy purchase of GameStop unlikely, says Oppenheimer
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11:52 EDTGMEGameStop call activity attributed to takeover speculation
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11:47 EDTGMERumor: GameStop strength attributed to takeover speculation
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July 15, 2015
11:30 EDTYOKUYouku Tudou mentioned positively by Agora Financial

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