comScore

As online retailers kick off Cyber Monday sales, early Black Friday numbers this holiday season seem to be mixed. The National Retail Federation (NRF) is reporting that 154 million shoppers made purchases over Black Friday weekend, up from 151 million in 2015. However, those 154 million consumers...

Specialty retail and departmental stores witnessed mixed Black Friday weekend sales versus 2015, with e-commerce remaining “the clear winner” and in-store revenue continuing to be under pressure, Morgan Stanley’s Kimberly C. Greenberger said in a report. In-Store Mixed, E-Commerce...

According to comScore, digital e-commerce spending will grow in the 2016 holiday season by 16–19 percent to $79 billion–$81 billion, representing an acceleration in growth compared to a year ago. Robert "Bob" S. Peck of SunTrust Robinson Humphrey pointed out that over the past two years...

Twitter Inc (NYSE: TWTR)'s bullish case heading into its second quarter earnings (July 26) gained some momentum on Tuesday after Heath Terry of Goldman Sachs maintained a Buy rating on the stock with an unchanged $22 price target. Terry is expecting Twitter to report revenue of $608 million...

Hollywood’s obsession with sequels seems to be getting worse and worse. According to CNN Money’s Frank Pallotta, there have already been 16 movie sequels released in theaters in 2016. This weekend’s big opening, “Independence Day: Resurgence” is yet another sequel and...

According to the comScore data, unique visitors to Zillow Group, Inc.- Class A (NASDAQ: ZG) grew 32 percent year-on-year during April and May, consistent with 1Q. Goldman Sachs’ Heath P. Terry maintains a Buy rating on the company, while raising the price target from $34 to $38. Upside...

JPMorgan’s Tien-tsin Huang mentioned that for 1Q, Paypal Holdings Inc (NASDAQ: PYPL) “reported its fastest constant currency volume and revenue growth in over a year, but profit flow through was limited by acquired Xoom dilution.” Huang reiterated an Overweight rating on the...

Shares of Walt Disney Co (NYSE: DIS) were trading lower by 0.30 percent ahead of Monday's market open despite its latest film, "Jungle Book," crossing the $500 million mark in worldwide ticket sales. According to COMSCORE, Inc. (NASDAQ: SCOR), Disney's latest film saw domestic ticket sales of $60....

Shares of Twitter Inc (NYSE: TWTR) have lost more than 67 percent of value over the past 12 months, driven by concerns about the company’s ability to grow its revenue and profits. Even after this week’s NFL deal, some analysts remain bearish on the social media giant. On Thursday,...

EMarketer.com recently released findings of its 600-person holiday season survey. The results implied that a year-over-year increase in big-ticket items such as cars and appliances is expected. Furthermore, a majority of shoppers will do more of their shopping in-store as opposed to online,...

AXEL SPRINGER VERLAG (OTC: AXELF) announced on Tuesday it has acquired an 88 percent stake in Business Insider. Axel Springer noted that the acquisition is the first major step into the English speaking journalism market. Wall Street analysts are mostly positive on the deal, but cautioned...