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Options Brief: GameStop
Tuesday, August 16, 2011 - 10:13am | 88Shares of GameStop (NYSE: GME) are higher on the session by 0.38%, trading at $21.03. Overall put volume is now running at 2.87x the daily average, with 20% of all puts traded being purchases on the offer. 3,219 contracts have traded on the session so far. GameStop Corp. is a multichannel...
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Conn's and GE Capital's Retail Finance Business Announce Extension and Expansion of Consumer Financing Program
Tuesday, August 16, 2011 - 6:00am | 93Conn's, Inc. (NASDAQ: CONN) and GE Capital's Retail Finance business, a consumer lending unit of General Electric Company (NYSE: GE - News), today announced an expansion and extension of their consumer finance program. Extended through 2014, and expanded to $125 million, the renewed consumer...
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Bostrom, the Economy, Apocalypse, and You (Part III)
Saturday, August 13, 2011 - 1:40pm | 1381Part III: Till Kingdom Come "For you I'd wait till kingdom come Until my day, my day is done And say you'll come and set me free Just say you'll wait, you'll wait for me." ~Coldplay, "Till Kingdom Come" The number of possible scenarios that could occur if this universe is a computer-...
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Zynga "Appeals to the Same Psychology as Gambling," Says Analytics Expert Jeff Tseng
Friday, August 12, 2011 - 10:20am | 616It looks like casinos may have finally met their match. When users log into Facebook each day, they don't think that they are entering a gambling arena. When they jump into FarmVille, they don't see it as a virtual slot machine. But ask Jeff Tseng, the co-founder and CEO of user analytics firm...
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Goldman Sachs Neutral On GameStop
Friday, August 12, 2011 - 6:49am | 91Goldman Sachs is out with a research report on GameStop Corp. (NYSE: GME) and it has a Neutral rating on shares. In a note to clients, Goldman Sachs writes, "We continue to expect overall industry sales to decline (7%) in 2011, below GME's expectation for low-single-digit industry growth, which...
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Sterne Agee Reiterates Buy and PT of $30 on GameStop
Friday, August 12, 2011 - 5:45am | 47Sterne Agee reiterated its Buy rating on GameStop (NYSE: GME). At the same time, the rating agency left its price target on the company's stock unchanged at $30. On Thursday, GME added 4.38% to its value to finish the day at $21.44.
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Take-Two Interactive at Risk for Another SEC Investigation?
Tuesday, August 9, 2011 - 12:41pm | 608Yesterday was not a great day for the company. Tomorrow might not be any better. While shares of Take-Two Interactive (NASDAQ: TTWO) are moving upward today, the company was among the many corporations that nearly lost their lunch on Monday. Granted, Take-Two's downfall can be partially attributed...
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UPDATE: ISI Upgrades Best Buy to Hold
Tuesday, August 9, 2011 - 8:31am | 34ISI upgraded its rating on Best Buy (NYSE: BBY) from Sell to Hold. In today's trading, BBY added 1.25% to its value to finish the day at $24.25.
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ISI Group Upgrades Best Buy To Hold
Tuesday, August 9, 2011 - 7:56am | 20ISI Group has upgraded Best Buy (NYSE: BBY) from Sell to Hold.
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UPDATE: Citi Reiterates Sell on Best Buy, Reduces PT to $23
Tuesday, August 9, 2011 - 5:37am | 60Citi reiterated its Sell rating on Best Buy (NYSE: BBY). At the same time, the rating agency reduced its price target on the company's stock from $27 to $23. On Monday, BBY lost 6.15% of its value to finish the day at $23.95. Its shares continued to slide in today's pre-market trading, falling 0.42...
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Citigroup Lowers PT On Best Buy To $23
Tuesday, August 9, 2011 - 4:40am | 26Citigroup has lowered the price target on Best Buy (NYSE: BBY) from $27 to $23 and maintains its Sell rating.
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Tech Stocks Tank on Economic Crisis, S&P Downgrade
Monday, August 8, 2011 - 2:37pm | 831I'll bet Facebook and Zynga are glad they haven't gone public yet. LinkedIn (NYSE: LNKD) is among the many tech companies taking significant losses following today's unparalleled crisis. As of this writing, the popular social networking has been hit by an 18% decline. Granted, LinkedIn was...
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JP Morgan Lowers PT On hhgregg To $15
Friday, August 5, 2011 - 6:58am | 26JP Morgan has lowered the price target on hhgregg (NYSE: HGG) from $18 to $15 and maintains its Neutral rating.
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UPDATE: Piper Jaffray Lowering Price Target On hhgregg
Friday, August 5, 2011 - 6:33am | 163Piper Jaffray is out with a research report on hhgregg, Inc. (NYSE: HGG) and is lowering its price target to $14 from $16, but it has a Neutral rating on shares after earnings. In a note to clients, Piper Jaffray writes, "We are maintaining our Neutral rating and lowering our PT to $14 from $16...
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Piper Jaffray Lowers PT on hhgregg To $14
Friday, August 5, 2011 - 5:38am | 26Piper Jaffray has lowered the price target on hhgregg (NYSE: HGG) from $16 to $14 and maintains its Neutral rating.