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Goldman Sachs Names Top Stocks To Leverage AI Trend In Music: CNBC
Wednesday, July 5, 2023 - 6:10am | 353According to Goldman Sachs, the music industry is on the brink of a significant transformation due to generative AI, offering “significant opportunities” for the sector, CNBC reports. Goldman Sachs has identified five buy-rated stocks to leverage this trend: Live Nation (NASDAQ:LYV),...
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Perfect World Earnings Preview: Double-Digit EPS, Sales Growth Expected
Monday, November 21, 2011 - 7:34am | 680Perfect World (NASDAQ: PWRD) is scheduled to report fiscal third-quarter 2011 results today, November 21, after the closing bell. Global gaming is expected to see expansive growth in 2012, according to a poll of 1,150 gaming professionals at the Global Gaming Expo. And Perfect World recently...
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Earnings Expectations for the Week of August 15
Sunday, August 14, 2011 - 11:42am | 1098Earnings season is not over yet. Among the companies on deck to report quarterly results this coming week are Deere (NYSE: DE), Smucker (NYSE: SJM) and Estee Lauder (NYSE: EL). Analysts expect Deere's per-share earnings to be more than 13% higher than a year ago. Smucker's earnings are forecast to...
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Piper Jaffray Maintains Neutral on NetEase.com
Tuesday, June 14, 2011 - 9:14am | 103Piper Jaffray is out with its report today on NetEase.com (NASDAQ: NTES), maintaining Neutral. In a note to clients, Piper Jaffray writes, "While we believe pipeline visibility is improving, we remain on the sidelines with respect to NTES shares due primarily to our concern over the age of NetEase...
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UPDATE: Piper Jaffray Raises PT on NetEase.com to $51
Friday, May 20, 2011 - 9:18am | 131Piper Jaffray is out with its report today on NetEase.com (NASDAQ: NTES), raising its PT from $48 to $51. In a note to clients, Piper Jaffray writes, "We maintain our Neutral rating on NTES shares after the company reported mixed 1Q results, with EPS outperformance and revenue underperformance vs...
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Piper Jaffray Raises PT On NetEase.com To $51
Friday, May 20, 2011 - 9:03am | 27Piper Jaffray has raised the price target on NetEase.com (NASDAQ: NTES) from $48 to $51 and maintains its Neutral rating.
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Morgan Stanley Reports Solid 1Q11 Performance On Netease.com
Thursday, May 19, 2011 - 7:48am | 62According to Morgan Stanley, Netease.com (NASDAQ: NTES) saw a solid 1Q11 performance. Morgan Stanley said that sales of Rmb1.5bn dropped 8% QoQ but grew 29% YoY. “Diluted EPADS was US$0.86, up 4% QoQ and 69% YoY, vs. our forecast of US$0.82, helped by a lower effective tax rate and forex gains.”...
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Piper Jaffray Expects Strong 1Q Results From NetEase.com
Wednesday, May 18, 2011 - 8:20am | 113According to Piper Jaffray, NetEase.com (NASDAQ: NTES) is expected to post strong 1Q results Wed after the close, on the back of continued strong performance from WoW and a promising start to new game Ghost. Piper Jaffray said that it is confident in its 1Q revenue and EPS estimates of $225.2mil...
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StarCraft II To Contribute 5% Of Rev. To NTES In 2011; 10% In 2012
Wednesday, April 6, 2011 - 8:14am | 187Goldman Sachs believes that StarCraft II will contribute 5% of total revenue to NetEase.com, Inc. (NASDAQ: NTES) in 2011 and 10% of total revenue in 2012 “Based on our observations from chat room discussions, gamers generally have strong affinity to the StarCraft franchise and Blizzard's (NASDAQ:...
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Citi Assesses Starcraft II Beta-Testing Feedback (NTES)
Wednesday, March 30, 2011 - 9:24am | 132Citi is providing an initial assessment on the Starcraft II beta-testing feedback. “Our initial assessment on the game is positive,” Citi writes. “We believe the relatively low and affordable price of only Rmb 20/month will help to reduce the incentive for players to go outside of official battle....
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Piper Jaffray Reports NTES Update
Friday, March 18, 2011 - 9:35am | 105Piper Jaffray has published an update on NetEase.com (NASDAQ: NTES) and the beta release of its new game. According to Piper Jaffray, “NetEase announced free open beta of new game StarCraft II (SC2) will begin March 29, and SC2's commercial launch will be announced in the near future. Despite the...
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Goldman Sachs Comments On Open Starcraft II Beta Test For Netease
Friday, March 18, 2011 - 7:48am | 121In a report published by Goldman Sachs, Netease (NASDAQ: NTES) has announced that the open beta (OB) testing of Starcraft II: Wings of Liberty in China will start on March 29. Goldman Sachs said that the game will initially be free for trial and then the commercial launch will follow, for which...
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NetEase.com Benefitting From China's Growing Economy, PT Raised To $55 By Auriga
Thursday, February 24, 2011 - 10:27am | 184Auriga USA has published a research report on NetEase.com (NASDAQ: NTES) after the company reported its strength due to game sales and benefits from China's growing economy. In the report, Auriga writes "NTES has a good line up of high quality games, which makes 2011 an exciting year for the...
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NetEase.com Succeeds With WoW And Strong Advertising, PT Raised To $48
Thursday, February 24, 2011 - 10:23am | 155Piper Jaffray has published a research report on NetEase.com (NASDAQ: NTES) after the company reports the successes of WoW and strong advertising business. In the report, Piper Jaffray writes "Our Neutral rating is primarily based on valuation and our concern over the age of NetEase's three...
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Piper Jaffray Raises PT On NetEase.com To $48
Thursday, February 24, 2011 - 9:51am | 27Piper Jaffray has raised the price target on NetEase.com (NASDAQ: NTES) from $41 to $48 and maintains its Neutral rating.