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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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KORS

Michael Kors

$66.71

-5.96 (-8.20%)

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CUB

Cubic

$71.05

-1.05 (-1.46%)

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Cubic Transportation Systems awarded $22M contract by Los Angeles Metro »

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AZN

AstraZeneca

$37.84

0.155 (0.41%)

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AZN

AstraZeneca

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0.155 (0.41%)

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CNI

Canadian National

$86.82

-1.86 (-2.10%)

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Canadian National rating change  »

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TGTX

TG Therapeutics

$9.25

0.2 (2.21%)

06:59
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Breaking Hot Stocks news story on TG Therapeutics »

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RETA

Reata Pharmaceuticals

$90.96

3.4 (3.88%)

06:59
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Breaking Hot Stocks news story on Reata Pharmaceuticals »

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PLD

Prologis

$66.33

-1.19 (-1.76%)

06:58
09/25/18
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06:58
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06:58
Conference/Events
Prologis management to meet with Morgan Stanley »

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P

Pandora

$8.98

-0.1 (-1.10%)

06:57
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06:57
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Pandora rating change  »

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BG

Bunge

$66.23

-0.52 (-0.78%)

06:57
09/25/18
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06:57
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Bunge analyst commentary  »

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IZEA

Izea

$1.57

-0.12 (-7.10%)

06:56
09/25/18
09/25
06:56
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06:56
Hot Stocks
Izea selected for influencer marketing program by Fortune 200 »

IZEA Worldwide, operator…

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TSM

TSMC

$44.93

0.83 (1.88%)

06:56
09/25/18
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06:56
Periodicals
TSMC to construct new plant for advanced packaging technology, DigiTimes reports »

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EYEG

EyeGate

$0.35

-0.011 (-3.07%)

06:56
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EyeGate granted additional 180 days to comply with Nasdaq listing rules »

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NVDA

Nvidia

$265.72

2.28 (0.87%)

06:54
09/25/18
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06:54
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06:54
Conference/Events
Nvidia management to meet with Evercore ISI »

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FLR

Fluor

$59.05

-0.4 (-0.67%)

06:54
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Fluor sells 50% stake in Seagreen Offshore Wind Farm to SSE Renewables »

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ARNA

Arena Pharmaceuticals

$42.80

-1.05 (-2.39%)

06:53
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Arena Pharmaceuticals analyst commentary  »

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IRM

Iron Mountain

$35.23

-0.69 (-1.92%)

06:53
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Iron Mountain operations achieve renewable energy sources milestone »

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HUN

Huntsman

$28.20

-0.73 (-2.52%)

06:52
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Initiation
Huntsman initiated  »

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  • 27

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CADE

Cadence Bancorp

$26.51

-0.7 (-2.57%)

06:52
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  • 25

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DPLO

Diplomat Pharmacy

$19.15

-1.295 (-6.34%)

, GILD

Gilead

$75.63

0.12 (0.16%)

06:51
09/25/18
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06:51
Recommendations
Diplomat Pharmacy, Gilead analyst commentary  »

Diplomat Pharmacy…

DPLO

Diplomat Pharmacy

$19.15

-1.295 (-6.34%)

GILD

Gilead

$75.63

0.12 (0.16%)

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  • 03

    Oct

KORS

Michael Kors

$66.71

-5.96 (-8.20%)

06:48
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06:48
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Breaking Hot Stocks news story on Michael Kors »

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TTD

Trade Desk

$139.30

-2.62 (-1.85%)

06:47
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06:47
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Trade Desk analyst commentary  »

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  • 13

    Nov

SFIX

Stitch Fix

$41.31

0.93 (2.30%)

06:46
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06:46
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Stitch Fix analyst commentary  »

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  • 01

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XOXO

XO Group

$27.62

-0.26 (-0.93%)

06:45
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Breaking Hot Stocks news story on XO Group »

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GOLD

Randgold

$68.12

4.18 (6.54%)

, ABX

Barrick Gold

$11.03

0.55 (5.25%)

06:42
09/25/18
09/25
06:42
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06:42
Downgrade
Randgold, Barrick Gold rating change  »

Randgold downgraded to…

GOLD

Randgold

$68.12

4.18 (6.54%)

ABX

Barrick Gold

$11.03

0.55 (5.25%)

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  • 25

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