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May 15, 2014
05:58 EDTWFM, EAStocks with implied volatility below IV index mean; EA WFM
Stocks with implied volatility below IV index mean; Electronic Arts (EA) 26, Whole Foods (WFM) 23 according to iVolatility.
News For EA;WFM From The Last 14 Days
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October 6, 2015
10:55 EDTWFMOptions with increasing implied volatility: FOLD WFM
05:42 EDTWFMStocks with implied volatility movement; WFM MNKD
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October 5, 2015
10:55 EDTWFMOptions with increasing implied volatility: FOLD JWN PMCS SLH WFM
09:39 EDTEAeSports seen as next big growth opportunity in media
Competitive video game playing in organized leagues, or eSports, is on the verge of reaching mainstream adoption and moving from an engagement tool to a monetization opportunity for video game makers, according to Baird analyst Colin Sebastian, who calls the trend the "biggest media and sports growth opportunity you've never heard of." NEXT BIG THING: eSports could have 200M active and engaged participants as early as next year and can grow from about $200M this year to $1B in revenues by 2018, Sebastian tells investors this morning in a research note. Game publishers such as Activision Blizzard (ATVI), Electronic Arts (EA) and Take-Two Interactive (TTWO) are "natural beneficiaries," according to Sebastian, who believes that eSports has the potential to drive earnings growth and multiple expansion for the sector. eSports is still mainly a tool to help engage and keep core gamers, but Sebastian expects this to change quickly as game makers focus on incremental revenue opportunities and increasing average revenue per user. The analyst also sees "significant opportunities" from eSports for online streaming platforms, like Amazon's (AMZN) Twitch and Google's (GOOG) newer platform, as well as for Microsoft (MSFT), Sony (SNE) and PC and component makers. ANOTHER eSPORTS BULL: Jefferies analyst Mark Lipacis previously told investors that he believes the surging popularity of competitive video gaming on a global basis will benefit game publishers as well as hardware companies like NVIDIA (NVDA). In a note to investors last month, the analyst said that Activision Blizzard had five of the top fifteen most popular games on Twitch in July, and contended that the company looks best positioned among game makers to benefit from the eSports opportunity. On the date of his eSports note, Lipacis upgraded NVIDIA to Buy from Hold, saying secular growth in gaming will trump PC weakness. The company's Gaming Graphics Processing Unit is "under the radar" and has grown 23% annually over the past three years, noted Lipacis, who raised his price target for shares to $30 from $23. PRICE ACTION: In early trading, Activision Blizzard rose 1.4% to $31.90, Electronic Arts gained 1.04% to $67.18 and Take-Two Interactive advanced 0.85% to $29.64.
08:00 EDTEAeSports should drive higher valuations for game makers, says Baird
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06:01 EDTEAElectronic Arts should be bought on any game launch selloff, says Piper Jaffray
Piper Jaffray analyst Michael Olson recommends buying shares of Electronic Arts on any "sell the news" around the November 17 Star Wars Battlefront launch. His analysis shows a "brief, and minor," pullback in shares of major game publishers following the launch of big titles. This selloff historically creates a buying opportunity, however, with publisher shares up an average of 40% in the 12 months following launch, Olson tells investors in a research note. He reiterates an Overweight rating on Electronic Arts with an $86 price target.
05:12 EDTWFMStocks with implied volatility movement; WFM PMCS
Stocks with implied volatility movement; Whole Foods (WFM) 39, PMC-Sierra (PMCS) 59 according to iVolatility.
October 2, 2015
11:45 EDTWFMWhole Foods calls active
Whole Foods October weekly 31.5 and 32 calls are active on total call volume of 19K contracts (2K puts). October weekly call option implied volatility is at 40, October is at 35, November is at 40; compared to its 52-week range of 17 to 43. Active call volume suggests traders taking positions for large near term price movement.
September 28, 2015
08:00 EDTWFMWhole Foods says to cut 1,500 jobs, or 1.6% of workforce, over 8 weeks
Whole Foods Market said in a regulatory filing that as part of its ongoing commitment to lower prices for its customers and invest in technology upgrades while improving its cost structure, the company will reduce a number of positions over the next eight weeks. The company estimates the net reduction to be approximately 1,500 jobs, which represents 1.6 percent of its workforce. It anticipates many of the reductions to be managed through natural attrition and expects a significant percentage of affected Team Members will find other jobs from the nearly 2,000 open positions across the company or via new jobs created from the more than 100 new stores in development.Whole Foods Market added over 9,000 new jobs in the past year and created nearly 35,000 over the past five years. "This is a very difficult decision, and we are committed to treating affected Team Members in a caring and respectful manner. We have offered them several options including transition pay, a generous severance, or the opportunity to apply for other jobs. In addition, we will pay these Team Members in full over the next eight weeks as they decide which option to choose." said Walter Robb, co-CEO of Whole Foods Market. "We believe this is an important step to evolve Whole Foods Market in a rapidly changing marketplace."
September 23, 2015
05:56 EDTEAReviews solid for EA's FIFA 16, says Piper Jaffray
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