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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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RF

Regions Financial

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Powell: Trade 'important driver of sentiment,' but Fed not focused on one thing »

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Stephens retail/broadlines analyst to hold a luncheon meeting »

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DIS

Disney

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0.88 (0.63%)

14:41
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More layoffs from Disney and 20th Century Fox film divisions, Variety reports »

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Powell says will be monitoring 'cross-currents,' but would 'like to see more' »

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Stephens telecom, media & tech analyst to hold a luncheon »

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AAPL

Apple

$198.16

-0.36 (-0.18%)

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Goldman Sachs

$195.66

0.68 (0.35%)

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Apple expanding Goldman Sachs card test, Bloomberg reports »

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AAPL

Apple

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GS

Goldman Sachs

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RHHBY

Roche

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14:38
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14:38
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Conference/Events
Wolfe Research pharma analyst to hold an analyst/industry conference call »

Global Pharmaceuticals…

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SPY

SPDR S&P 500 ETF Trust

$292.77

0.44 (0.15%)

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S&P 500

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14:37
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Powell says must rely on 'imperfect' inflation expectation proxies »

Fed Chair Powell said…

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GRUB

GrubHub

$71.04

-0.13 (-0.18%)

, YELP

Yelp

$32.80

-0.13 (-0.39%)

14:36
06/19/19
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14:36
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Wedbush SMid Internet analyst to hold a luncheon meeting »

SMID Internet Analyst…

GRUB

GrubHub

$71.04

-0.13 (-0.18%)

YELP

Yelp

$32.80

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BWLD

Taken private 2/18

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CAKE

Cheesecake Factory

$44.35

-1.2 (-2.63%)

BJRI

BJ's Restaurants

$41.00

-1.6 (-3.76%)

CMG

Chipotle

$731.31

-1.41 (-0.19%)

JACK

Jack in the Box

$84.75

-1.61 (-1.86%)

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14:35
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General news
FOMC forecast Revisions »

FOMC forecast Revisions…

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SPDR S&P 500 ETF Trust

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14:33
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Powell says Fed made 'significant' changes to policy statement »

Fed Chair Jerome Powell…

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INGN

Inogen

$70.97

-0.13 (-0.18%)

14:32
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14:32
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Conference/Events
William Blair medical tech analyst to hold a luncheon »

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BJRI

BJ's Restaurants

$41.14

-1.46 (-3.43%)

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Cheesecake Factory

$44.50

-1.05 (-2.31%)

14:29
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Conference/Events
Wedbush restaurants analyst to hold an analyst/industry conference call »

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BJRI

BJ's Restaurants

$41.14

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CAKE

Cheesecake Factory

$44.50

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CMG

Chipotle

$729.53

-3.19 (-0.44%)

DIN

Dine Brands

$95.61

-0.39 (-0.41%)

DRI

Darden

$117.36

-0.58 (-0.49%)

JACK

Jack in the Box

$84.90

-1.46 (-1.69%)

SBUX

Starbucks

$83.34

0.39 (0.47%)

TXRH

Texas Roadhouse

$52.30

-1.07 (-2.00%)

WEN

Wendy's

$19.44

0.03 (0.15%)

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14:27
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William Blair financial services/insurance analyst to hold a luncheon »

Financial…

CTSH

Cognizant

$63.45

-0.27 (-0.42%)

14:25
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14:25
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Options
Cognizant call volume above normal and directionally bullish »

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  • 23

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14:25
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More from the FOMC: a couple of other tweaks the statement »

More from the FOMC: a…

14:24
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CLSA Asian tech analysts to hold an analyst/industry conference call »

Asian Technology Analysts…

UNH

UnitedHealth

$250.20

4.55 (1.85%)

, DVA

DaVita

$51.25

1.49 (2.99%)

14:23
06/19/19
06/19
14:23
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14:23
Periodicals
Breaking Periodicals news story on UnitedHealth, DaVita »

FTC set to approve sale…

UNH

UnitedHealth

$250.20

4.55 (1.85%)

DVA

DaVita

$51.25

1.49 (2.99%)

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TSLA

Tesla

$227.28

2.6 (1.16%)

14:22
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Hot Stocks
Tesla CEO says $1,000 charge for black vehicles to start next month »

Elon Musk, CEO of Tesla,…

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GOOG

Alphabet

$1,105.94

1.54 (0.14%)

, GOOGL

Alphabet Class A

$1,107.59

2.37 (0.21%)

14:21
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Periodicals
FTC in late stages of YouTube probe over children content, Washington Post says »

The Federal Trade…

GOOG

Alphabet

$1,105.94

1.54 (0.14%)

GOOGL

Alphabet Class A

$1,107.59

2.37 (0.21%)

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SYNL

Synalloy

$16.52

-0.27 (-1.61%)

14:21
06/19/19
06/19
14:21
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Earnings
Synalloy lowers FY19 revenue view to $329M from prior $340M »

Adjusted EBITDA for the…

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CVS

CVS Health

$55.26

0.6 (1.10%)

14:20
06/19/19
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Conference/Events
CVS Health participates in a conference call with Morgan Stanley »

Healthcare Technology…

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