NetEase (NTES) Tops Q3 EPS by 66c, Beats on Revenues

NetEase.com (NTES) PT Raised to $361 at BofA/Merrill Lynch

November 17, 2017 7:08 AM EST

BofA/Merrill Lynch raised its price target on NetEase.com (NASDAQ: NTES) to $361.00 (from $347.00) while maintaining a Buy rating.

Analyst Eddie Leung expects monetization of Minecraft to pick up in 2018 and the launch of shooting/survival games to diversify the company's product... More

NetEase.com (NTES) PT Raised to $346 at HSBC

November 16, 2017 8:10 AM EST

HSBC raised its price target on NetEase.com (NASDAQ: NTES) to $346.00 (from $316.00) while maintaining a Buy rating.

Analyst Chi Tsang expects a robust year ahead for the company following the successful launches of several new games. The analyst also likes the strong results combined with prudent cost control.

... More

NetEase.com (NTES) PT Raised to $302 at Jefferies

November 16, 2017 8:03 AM EST

Jefferies raised its price target on NetEase.com (NASDAQ: NTES) to $302.00 (from $290.00) while maintaining a Hold rating AS 3Q17 revenue missed consensus slightly but bottom line beat.

Analyst Karen Chan said mobile game weakness was in line with expectation but tough comp... More

Tencent's focus on digital content after stellar third quarter

November 15, 2017 5:15 AM EST

By Sijia Jiang

HONG KONG (Reuters) - Chinese internet giant Tencent Holdings Ltd said it will invest more in its digital content businesses spanning publishing to film-making after its third quarter net profit surpassed expectations on Wednesday.

Tencent, Asia's most valuable company with a market capitalization of $472 billion, is looking to invest more in its digital content and better integrate its products across platforms in order to draw more time from more paying customers, President Martin Lau said on an earnings call late Wednesday.

Analysts said it was a move towards helping Tencent better monetize... More

Maverick's 13F Shows New Stakes in Microsoft (MSFT), T-Mobile (TMUS), Increase in Envision (EVHC) (More)

November 14, 2017 11:31 AM EST

Maverick released its 13F for the quarter ending September 2017. Below is a summary.

New Stakes
ABERCROMBIE & FITCH CO. (NYSE: ANF) new 265,671 share position
ALIBABA (NYSE: BABA) new 403,200 share position
ALLY FINANCIAL, Inc. (NYSE: ALLY) new 146,290 share position
Andeavor (NYSE: ANDV) new 2,564,591 share position
AutoZone Inc (NYSE: AZO) new 13,060 share position
Baidu.com SP ADR (NASDAQ: BIDU) new 14,320 share position
BIG LOTS, Inc. (NYSE: BIG) new 77,997 share position
Blackbaud, Inc. (NASDAQ:... More