GameStop Corp. (NYSE:GME) shares climbed 4.93% to
$20.03 in the early hour after Goldman Sachs upgraded GameStop shares from
Neutral to Buy with a price target of $25.00 (from $20.00). Separately, GME‘s
stock had its “buy” rating reaffirmed by Sterne Agee in a research note issued
last week. They currently have a $30.00 price target on the stock.
Should
Investors Buy GME Now? Find Out Here
Additionally, GameStop customers can purchase
digital, web-access Prima eGuides at GameStop retail locations. The new
program, “Buy In-Store, Redeem Online,” launches with an exclusive Madden NFL
13 tournament bundle. This exclusive GameStop eGuide bundle includes two
tournament-level eGuides (offense and defense). Regularly priced at $39.99,
GameStop customers can get the bundle for only $19.99.
Netflix, Inc. (NASDAQ:NFLX) shares declined 9.70% to
$53.93 in the morning hour on news of Amazon's (AMZN) deal with Epix. Since the
expiration of the Starz deal, Epix has been Netflix's top source for popular
movies. And while the loss of Epix exclusivity was expected, the fact Netflix's
top rival now has access to Epix's library is stoking fears the company won't
be able to stand out. At $79/year (bundled with Prime shipping), Amazon's Prime
Instant Video is cheaper than Netflix on an annual basis, but doesn't offer a
monthly option.
Can
NFLX Bounce Back After Today’s Slump? Find Out Here
Biosante Pharmaceuticals Inc (NASDAQ:BPAX) stock
climbed 6.76% to $1.58 after the company announced that the independent Data
Monitoring Committee (DMC) has completed the ninth unblinded review of the
LibiGel Phase III cardiovascular events and breast cancer safety study. The
independent DMC has recommended that the LibiGel safety study should continue
as per the FDA-agreed protocol, without modifications.
Hornbeck Offshore Services, Inc. (NYSE:HOS) stock
fell 1.06% to $38.43 after the company announced that it has expanded its OSV
Newbuild Program #5 and has commenced a new 200 Class OSV Retrofit Program, among
other recent developments. The company has exercised the first four of its 48
options to build additional HOSMAX vessels at an aggregate incremental cost of
approximately $180 million, excluding construction period interest, for vessel
deliveries in the fourth quarter of 2014 and first quarter of 2015.
LDK Solar Co., Ltd (ADR) (NYSE:LDK) shares decreased
7.48% to $1.21 in the early hour after the company’s credit rating was cut one
level to A by Shanghai Brilliance Credit Rating & Investors Service Co., on
the company’s operating losses and souring export outlook. Shanghai Brilliance
lowered the credit grade of Jiangxi LDK Solar Hi-Tech Co., the manufacturer’s
principal operating subsidiary, to its sixth-highest level and kept the rating
on negative outlook after production and sales fell in 2012.
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