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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.

TODAY'S FREE FLY STORIES

VNOM

Viper Energy

$38.34

0.91 (2.43%)

21:49
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LIFE

aTyr Pharma

$0.63

(0.00%)

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HLT

Hilton

$77.25

1.04 (1.36%)

21:44
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TSLA

Tesla

$335.46

-3.2 (-0.94%)

20:50
08/16/18
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20:50
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Tesla Fremont facility workers left 3.5 hours early on Wednesday, BI reports »

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  • 29

    Oct

SPX

S&P 500

$0.00

(0.00%)

, FXI

iShares China Large-Cap ETF

$41.00

0.41 (1.01%)

20:43
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Pentagon: China expanded bomber training to overwater areas, Reuters says »

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SPX

S&P 500

$0.00

(0.00%)

FXI

iShares China Large-Cap ETF

$41.00

0.41 (1.01%)

BA

Boeing

$345.89

14.16 (4.27%)

HII

Huntington Ingalls

$244.50

3.68 (1.53%)

LMT

Lockheed Martin

$325.86

8.31 (2.62%)

NOC

Northrop Grumman

$291.97

0.45 (0.15%)

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DE

Deere

$137.38

1.68 (1.24%)

20:25
08/16/18
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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  • 17

    Aug

MCD

McDonald's

$161.71

1.82 (1.14%)

19:48
08/16/18
08/16
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19:48
Hot Stocks
FDA updates on investigation of McDonald's salad-related Cyclospora illnesses »

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  • 24

    Sep

TRP

TransCanada

$43.82

0.05 (0.11%)

19:40
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19:40
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19:40
Hot Stocks
TransCanada does not endorse mini-tender by TRC Capital »

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SGMS

Scientific Games

$30.70

1.4 (4.78%)

, INSE

Inspired Entertainment

$7.15

(0.00%)

19:21
08/16/18
08/16
19:21
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19:21
Hot Stocks
Scientific Games and Pennsylvania Lottery launch virtual sports »

Scientific Games (SGMS)…

SGMS

Scientific Games

$30.70

1.4 (4.78%)

INSE

Inspired Entertainment

$7.15

(0.00%)

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KRYS

Krystal Biotech

$15.63

0.23 (1.49%)

19:19
08/16/18
08/16
19:19
08/16/18
19:19
Syndicate
Krystal Biotech announces $10M private placement with Frazier Healthcare »

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  • 04

    Sep

LBC

Luther Burbank

$10.90

-0.09 (-0.82%)

19:08
08/16/18
08/16
19:08
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19:08
Hot Stocks
Luther Burbank authorizes stock buyback of up to $15M »

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  • 04

    Sep

ARAY

Accuray

$3.50

0.05 (1.45%)

, JWN

Nordstrom

$52.30

0.44 (0.85%)

19:00
08/16/18
08/16
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19:00
Hot Stocks
On The Fly: After Hours Movers »

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ARAY

Accuray

$3.50

0.05 (1.45%)

JWN

Nordstrom

$52.30

0.44 (0.85%)

CRMT

America's Car-Mart

$66.95

1.85 (2.84%)

ATAI

ATA Inc.

$6.87

0.13 (1.93%)

CORT

Corcept Therapeutics

$12.51

0.01 (0.08%)

VJET

voxeljet

$3.51

0.11 (3.24%)

VNET

21Vianet

$9.45

0.44 (4.88%)

ATGE

Adtalem Global Education

$55.70

-0.3 (-0.54%)

NVDA

Nvidia

$257.57

-1.41 (-0.54%)

AMAT

Applied Materials

$47.42

-0.07 (-0.15%)

MU

Micron

$47.10

-0.38 (-0.80%)

LRCX

Lam Research

$174.22

1.42 (0.82%)

ZOES

Zoe's Kitchen

$9.52

0.04 (0.42%)

VCEL

Vericel

$11.50

-0.075 (-0.65%)

03/08/13
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  • 16

    Aug

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    Aug

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    Aug

  • 17

    Aug

  • 17

    Aug

  • 22

    Aug

  • 04

    Sep

  • 05

    Sep

  • 12

    Sep

  • 27

    Sep

  • 06

    Nov

NVEE

NV5 Global

$84.05

1.55 (1.88%)

18:55
08/16/18
08/16
18:55
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18:55
Hot Stocks
NV5 Global CEO sells 190,500 common shares »

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  • 13

    Sep

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  • 21

    Sep

GOOG

Alphabet

$1,206.00

-7.65 (-0.63%)

, GOOGL

Alphabet Class A

$1,223.55

-8.75 (-0.71%)

18:54
08/16/18
08/16
18:54
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18:54
Periodicals
Google submits plans for Moffett Park development, SVBJ reports »

Alphabet's Google…

GOOG

Alphabet

$1,206.00

-7.65 (-0.63%)

GOOGL

Alphabet Class A

$1,223.55

-8.75 (-0.71%)

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  • 22

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  • 28

    Oct

WMT

Walmart

$98.63

8.39 (9.30%)

18:38
08/16/18
08/16
18:38
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18:38
Recommendations
Walmart analyst commentary at Baird »

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  • 16

    Aug

AVEO

Aveo Pharmaceuticals

$2.26

0.085 (3.91%)

18:35
08/16/18
08/16
18:35
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18:35
Syndicate
Aveo Pharmaceuticals files to sell common stock, no amount given »

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  • 04

    Sep

ZN

Zion Oil & Gas

$2.53

0.16 (6.75%)

18:15
08/16/18
08/16
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18:15
Hot Stocks
Zion Oil & Gas confirms active petroleum system in Megiddo-Jezreel #1 well »

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AMRS

Amyris

$7.49

0.07 (0.94%)

18:14
08/16/18
08/16
18:14
08/16/18
18:14
Syndicate
Amyris files to sell 7.4M shares of common stock for holders »

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CORT

Corcept Therapeutics

$12.51

0.01 (0.08%)

18:07
08/16/18
08/16
18:07
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18:07
Hot Stocks
Corcept Therapeutics board member Leonard Baker buys $2.2M in common stock »

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  • 04

    Sep

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ETSY

Etsy

$45.68

0.83 (1.85%)

17:44
08/16/18
08/16
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17:44
Hot Stocks
Etsy chairman Frederick Wilson sells $1M in common stock »

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  • 04

    Sep

NVDA

Nvidia

$257.57

-1.41 (-0.54%)

, TCEHY

Tencent

$0.00

(0.00%)

17:37
08/16/18
08/16
17:37
08/16/18
17:37
Hot Stocks
Nvidia says 'Fortnite,' 'PUBG' have strengthened video game market »

Nvidia (NVDA) says gaming…

NVDA

Nvidia

$257.57

-1.41 (-0.54%)

TCEHY

Tencent

$0.00

(0.00%)

DIS

Disney

$112.49

-0.42 (-0.37%)

MSFT

Microsoft

$107.65

-0.02 (-0.02%)

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  • 16

    Aug

  • 04

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  • 12

    Sep

RCUS

Arcus Biosciences

$12.89

-0.05 (-0.39%)

17:37
08/16/18
08/16
17:37
08/16/18
17:37
Hot Stocks
Arcus Biosciences CEO Terry Rosen buys over 28K shares of company stock »

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  • 12

    Sep

GLD

SPDR Gold Trust

$111.11

-0.1 (-0.09%)

17:30
08/16/18
08/16
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17:30
Hot Stocks
SPDR Gold Trust holdings fall to 773.41MT from 774.59MT »

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FSTR

L.B. Foster

$23.05

-0.1 (-0.43%)

17:28
08/16/18
08/16
17:28
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17:28
Hot Stocks
Breaking Hot Stocks news story on L.B. Foster »

Legion Partners lowers…

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HALO

Halozyme

$17.10

-0.1 (-0.58%)

17:25
08/16/18
08/16
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17:25
Hot Stocks
Halozyme director and beneficial owner Randal Kirk sells over 490K shares »

Halozyme director and…

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  • 05

    Sep

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