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CRT Capital: Google Getting Black Eye In Fight For Holiday Shoppers
Thursday, December 4, 2014 - 9:15am | 263Google Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) is getting a black eye in the fight for online holiday shoppers, an analyst said Wednesday. CRT Capital's Neil Doshi pointed out that during the so-called Cyber Five shopping days stretching from Thanksgiving through Monday, Google Shopping's...
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Top 10 Biggest New Video Game IP Launches
Sunday, November 30, 2014 - 2:04pm | 1319"Destiny," the long-awaited first-person shooter from the creators of "Halo," set a new sales record when it was released earlier this year. According to Activision Blizzard, Inc. (NASDAQ: ATVI), the game enjoyed the biggest launch of any new IP. This announcement came only...
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CRT Reiterates On Twitter Following Analyst Day
Thursday, November 13, 2014 - 12:12pm | 307CRT Capital commented Thursday on the Twitter Inc (NYSE: TWTR) analyst day. The firm reiterated its Buy rating and $54 price target. Analysts Neil Doshi and Robert Coolbrith noted that “TWTR’s goal is to have the largest daily audience in the world and be one of the top revenue...
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PlayStation 4 Vs. Xbox One: Will Price Cuts Have An Impact This Holiday?
Wednesday, November 12, 2014 - 1:43pm | 638Sony Corp's (NYSE: SNE) PlayStation 4 has dominated the market since it was released in November 2013. The console reached a new milestone in August after Sony announced that it had sold more than 10 million units. According to GameSpot, Microsoft Corporation (NASDAQ: MSFT) posted a blog...
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How Could Singles Day Help The Biggest Company In The World?
Monday, November 10, 2014 - 3:39pm | 738It only took 17 minutes for Alibaba Group Holding Ltd (NYSE: BABA) to make $1 billion USD during Singles Day 2014, an event that initially started to celebrate those who are single. Alibaba has cleverly transformed the holiday into the Chinese version of Cyber Monday, offering massive discounts...
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Google's Next Step To Control Your Smart Home
Thursday, November 6, 2014 - 10:03am | 723Apple Inc. (NASDAQ: AAPL) has manufactured its own smartphones for the past seven years while Google Inc (NASDAQ: GOOG), its chief competitor, chose to let other suppliers build Android devices. These differing strategies have defined the two firms, one as a manufacturer and the other as more...
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Why Disney's Apple-Google Deal Isn't A Big Deal
Wednesday, November 5, 2014 - 12:06pm | 964After its initial test on Apple Inc. (NASDAQ: AAPL) devices, Walt Disney Co (NYSE: DIS) announced that it would bring Disney Movies Anywhere to Android. The deal means that consumers can now watch Disney films that they purchase on virtually any device, regardless of where it was originally...
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Rite Aid, CVS Unlikely To Win War Against Apple
Wednesday, October 29, 2014 - 12:54pm | 987CVS Health Corp and Rite Aid Corporation (NYSE: RAD) surprised consumers when they announced they would no longer accept Apple Inc.'s (NASDAQ: AAPL) new mobile payment solution. This unexpected move appears to be tied to CurrentC, an upcoming payment solution that numerous retailers are...
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Apple And Alibaba: A Match Made In Heaven?
Wednesday, October 29, 2014 - 10:10am | 637Will Apple Inc. (NASDAQ: AAPL) and Alibaba Group Holding Ltd (NYSE: BABA) -- two of the world's largest companies -- come together for a game-changing partnership? "They both have something to seek out," Wedbush analyst Gil Luria told Benzinga. "Apple wants to sell a lot of...
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Apple Pay Vs. PayPal And Others: The Race For Mobile Payment Dominance
Monday, October 20, 2014 - 3:17pm | 895The mobile payment industry will shift into high gear as Apple Inc. (NASDAQ: AAPL) launched its first mobile payment solution, Apple Pay. Bloggers expect Apple Pay to be a game-changer for small businesses, but what about the rest of the mobile payment space? "I think Apple has an...
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What Is PayPal Really Worth? eBay's Earnings Might Give A Hint
Wednesday, October 15, 2014 - 1:14pm | 560Analysts aren't expecting too many surprises when eBay Inc (NASDAQ: EBAY) reports after the market close Wednesday, but investors are eager to see how PayPal performed. "Expect an in-line quarter," Needham analyst Kerry Rice told Benzinga. "Marketplace is still struggling,...
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UPDATE: CRT Capital Initiates Coverage On Alibaba Group Holding Ltd
Thursday, September 18, 2014 - 9:19am | 146In a note released Wednesday, CRT Capital analyst Neil Doshi initiated coverage of Alibaba Group Holding Ltd (NYSE: BABA) with a Buy rating and a $95 price target. Doshi commented, "If Amazon, eBay and Google were to have a baby, it would be Alibaba." More importantly, he noted it has...
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UPDATE: CRT Research Upgrades Zulily As Pullback Presents Opportunity
Tuesday, September 2, 2014 - 11:08am | 177In a report published Tuesday, CRT Research analyst Neil Doshi upgraded the rating on Zulily (NASDAQ: ZU) from Fair Value to Buy, and reiterated a $41.00 price target. In the report, CRT Research noted, “ZU shares closed last Friday at $32.80, representing a 16% sell-off since 2Q earnings on August...
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3 Positives and 4 Negatives From Zulily's Q2 Report
Thursday, August 7, 2014 - 1:28pm | 312Despite a strong second quarter, Zulily (NASDAQ: ZU) shares are under pressure due to forward-looking margin concerns. CRT Capital thinks the report was mostly strong, but prefers to sit on the sidelines for the time being. 3 Positives Strong top and bottom line results. Orders are up 92...
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Shares of Amazon.com Plummet Following Results, Analysts Maintain Confidence
Friday, April 25, 2014 - 11:44am | 991Amazon.com (NASDAQ: AMZN) on Thursday reported financial results for the first quarter ending March 31, 2014. Founder and CEO of Amazon.com Jeff Bezos commented, “We get our energy from inventing on behalf of customers, and 2014 is off to a kinetic start. Our device team launched Fire TV, offering...