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TCEHY

Tencent

$0.00

(0.00%)

16:00
08/07/18
08/07
16:00
08/07/18
16:00

Tencent's Riot Games has fostered culture of sexism, Kotaku says

Riot Games, a subsidiary of Tencent, has fostered a culture of sexism and gender discrimination over the years behind closed doors, Kotaku reports, citing 28 current and former Riot employees. Leadership at the company behind the popular game "League of Legends" consistently showed difficulty hiring women for leadership positions, with one source telling Kotaku that, as a test, she asked a male colleague to present an idea that she presented earlier, only to see management react more positively to the man. Other sources described Riot Games as having a "bro culture," one where many employees say they saw unsolicited and unwelcome pictures of male genitalia from bosses or colleagues, the report says. Several other women told Kotaku that some male colleagues and even senior leaders made sexually inappropriate comments in the workplace, the report says. About five months after Kotaku started reporting for the article, Riot added a "diversity and inclusion" page on its website that says, "We aggressively enforce a zero tolerance policy on discrimination, harassment, and general toxicity. It is incredibly important that our leaders embody this commitment, and reinforce this expectation across their teams." Reference Link

TCEHY Tencent
$0.00

(0.00%)

05/16/18
05/16/18
DOWNGRADE

Sector Weight
Vipshop downgraded to Sector Weight at KeyBanc
As previously reported, KeyBanc analyst Hans Chung downgraded Vipshop (VIPS) to Sector Weight from Overweight as he sees uncertainties around Tencent (TCEHY) and JD.com (JD) contributions ahead, which drove high expectations for the top-line growth and multiple expansion, and sees margin pressure likely to continue driven by sector competition and the company's hike in marketing expenses to grow new customer organically.
05/16/18
BNCH
05/16/18
NO CHANGE
Target $19
BNCH
Buy
Vipshop price target lowered to $19 from $24 at Benchmark
Benchmark analyst Fawne Jiang lowered her price target on Vipshop shares to $19 from $24 to reflect a more gradual revenue contribution from the company's partnership with Tencent (TCEHY)and JD.com (JD). Along with the company's Q1 report, Vipshop noted the trial-and-error process and natural learning curve of working with new platforms, leading to its soft Q2 guidance and reservations regarding an accelerated partnership ramp-up, noted Jiang, who keeps a Buy rating on Vipshop shares.
06/13/18
NEED
06/13/18
INITIATION
Target $41
NEED
Buy
HUYA initiated with a Buy at Needham
Needham analyst Jinjin Qian initiated HUYA (HUYA) with a Buy rating and a price target of $41, citing the company's platform as a leader in live game streaming in China with 92.9M monthly active users. The analyst also points to "strong secular trends" in e-sports and live streaming, along with its close ties with YY (YY) and Tencent (TCEHY), supporting the company's position. Jinjin Qian calls HUYA a "solid" investment based on its "strong user metrics and scalable business model".
06/19/18
WELS
06/19/18
NO CHANGE
Target $53
WELS
Outperform
JD.com price target raised to $53 from $47 at Wells Fargo
Wells Fargo analyst Ken Sena raised his price target for JD.com (JD) to $53 from $47 after the company and Google (GOOG; GOOGL) announced that the latter will invest $550M in cash in JD.com as part of a strategic partnership. The analyst believes this partnership adds to JD's strong list of existing data and strategic partnerships with Tencent (TCEHY), Walmart (WMT), Baidu (BIDU), Qihoo 360 and Vipshop (VIPS). Sena reiterates an Outperform rating on JD.com shares.

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QURE

uniQure

$22.79

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Spark Therapeutics

$40.93

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09:42
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Regeneron

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Unusually active option classes on open November 15th »

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Cisco

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Coca-Cola

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Alibaba

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RYB

RYB Education

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0.02 (0.12%)

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AMZN

Amazon.com

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-32.52 (-1.99%)

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Technical Take: Amazon.com drops sharply »

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CSCO

Cisco

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-0.78 (-1.73%)

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09:35
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SYRS

Syros Pharmaceuticals

$7.52

-0.27 (-3.47%)

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09:34
Hot Stocks
Syros says data from Phase 1 trial of SY-1365 demonstrates proof-of-mechanism »

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BCSF

Bain Capital Specialty Finance

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09:34
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09:34
Syndicate
Bain Capital Specialty Finance indicated to open at $19.25-$20.25 »

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BAC

Bank of America

$27.23

-0.53 (-1.91%)

09:34
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Hot Stocks
Bank of America reports October card write-offs 2.43% vs. 2.59% last month »

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RYB

RYB Education

$16.81

0.02 (0.12%)

09:33
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Breaking Hot Stocks news story on RYB Education »

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KBSF

KBS Fashion

$4.18

0.19 (4.76%)

, AMZN

Amazon.com

$1,599.16

-32.52 (-1.99%)

09:32
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09:32
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09:32
Hot Stocks
KBS Fashion receives approval from Amazon US to begin listing products for sale »

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KBSF

KBS Fashion

$4.18

0.19 (4.76%)

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Amazon.com

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VAC

Marriott Vacations

$76.38

0.86 (1.14%)

09:32
11/15/18
11/15
09:32
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09:32
Downgrade
Marriott Vacations rating change  »

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ATVI

Activision Blizzard

$51.61

-0.93 (-1.77%)

09:30
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Activision Blizzard analyst commentary  »

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General news
U.S. Retail sales undershot estimates via downward revisions »

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CPB

Campbell Soup

$39.16

-0.1 (-0.25%)

09:29
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Campbell Soup 'largely agrees' with views outlined by Glass Lewis »

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DEI

Douglas Emmett

$35.66

-0.26 (-0.72%)

09:29
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Douglas Emmett rating change  »

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ANET

Arista Networks

$229.27

-7.23 (-3.06%)

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Cisco

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09:28
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Conference/Events
Piper Jaffray tech/IT hardware analyst to hold analyst/industry conference call »

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ANET

Arista Networks

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CSCO

Cisco

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JNPR

Juniper

$28.14

-0.15 (-0.53%)

NTCT

NetScout

$25.30

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KMG

KMG Chemicals

$75.99

-0.065 (-0.09%)

, CCMP

Cabot Microelectronics

$101.60

-0.62 (-0.61%)

09:27
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09:27
Hot Stocks
KMG Chemicals shareholders approve merger with Cabot Microelectronics »

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KMG

KMG Chemicals

$75.99

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CCMP

Cabot Microelectronics

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EYE

National Vision

$41.79

0.72 (1.75%)

09:27
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11/15
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09:27
Syndicate
National Vision 12.5M share Spot Secondary priced at $40.50 »

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09:25
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General news
FX Action: USD-JPY »

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General news
Other Fedspeakers on tap include VC of Supervision Quarles »

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SSNC

SS&C

$46.71

-0.72 (-1.52%)

09:25
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Conference/Events
SS&C to host analyst day »

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Conference/Events
UBS leisure/lodging analyst to hold an analyst/industry conference call »

Leisure, Gaming &…

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Bernstein transportation analysts to hold an analyst/industry conference call »

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JD

JD.com

$22.75

0.37 (1.65%)

09:24
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JD.com analyst commentary  »

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JCP

J.C. Penney

$1.23

-0.05 (-3.91%)

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Breaking Hot Stocks news story on J.C. Penney »

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