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News Breaks
August 22, 2014
09:05 EDTLOCO, ANN, TFM, AMPE, ARO, FL, ROST, QUNR, GPS, GMEOn The Fly: Pre-market Movers
UP AFTER EARNINGS: GameStop (GME), up 7.1%... Foot Locker (FL), up 3%... Qunar (QUNR), up 6.9%... The Fresh Market (TFM), up 6.5%... Ross Stores (ROST), up 3.8%. ALSO HIGHER: El Pollo Loco (LOCO), up 5.3% after signing franchisee to 20 unit expansion agreement in Texas... Gap (GPS), up 2.8% after upgraded at Janney Capital following Q2 results above analyst estimates and announcing plans to open the first franchise-operated Gap stores in India in 2015. DOWN AFTER EARNINGS: Aeropostale (ARO), down 8%... Ann Inc (ANN), down 2.7%. ALSO LOWER: Ampio (AMPE), down 4.4% after downgraded at Jefferies...
News For GME;FL;TFM;GPS;ARO;ANN;QUNR;AMPE;LOCO;ROST From The Last 14 Days
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July 27, 2015
11:22 EDTQUNRAnalyst 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.
08:43 EDTQUNRChina Internet consumer demand stable, healthy, says Pacific Crest
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July 22, 2015
07:04 EDTFLFoot Locker price target raised to $77 from $67 at UBS
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July 21, 2015
10:14 EDTAMPEHigh option volume stocks:
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06:07 EDTGPSONUG: Yahoo hires VP of global network from Symantec
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July 20, 2015
13:18 EDTAROOptions with increasing call volume
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10:05 EDTTFMHigh option volume stocks
High option volume stocks: PDCE GNRC CRZO NLSN RUBI TFM HABT EXEL DUST
08:35 EDTROSTRoss Stores to open 27 new locations in July
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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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10:00 EDTFLOn The Fly: Analyst Initiation Summary
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05:30 EDTFLFoot Locker initiated with a Neutral at B. Riley
Target $71.
July 14, 2015
09:01 EDTGMEGameStop announces expiration of tender offer for Geeknet shares
GameStop Corp. (GME) announced the expiration of its tender offer to purchase all outstanding shares of Geeknet, Inc. (GKNT) for $20.00 per share in cash. The Offer expired at 11:59 p.m. ET on July 13, 2015. As of the expiration of the Offer, a total of 5,924,736 shares were validly tendered and not withdrawn in the Offer, representing 86.39% of Geeknetís outstanding shares, according to the depositary for the Offer. All conditions to the Offer having been satisfied, GameStop will accept for payment, and pay for by deposit of the Offer Price for such shares with the depositary for the Offer on July 17, 2015, all shares validly tendered into the Offer.

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