|By PR Newswire||
|March 31, 2014 08:01 AM EDT||
NEW YORK, March 31, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Facebook Inc. (NASDAQ: FB), Yahoo! Inc. (NASDAQ: YHOO), Youku Tudou Inc. (NYSE: YOKU), International Game Technology (NYSE: IGT), and Zynga Inc. (NASDAQ: ZNGA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
Facebook Inc. Analyst Notes
On March 25, 2014, Facebook Inc. (Facebook) announced a definitive agreement to acquire Oculus VR, Inc. - the leader in immersive virtual reality technology - for c. $2 billion, including $400 million in cash and 23.1 million shares of Facebook's common stock. Facebook stated that the agreement also provides for an extra $300 million earn-out in cash and stock based on the achievement of certain milestones. Commenting on the agreement, Facebook Founder and CEO Mark Zuckerberg remarked, "Mobile is the platform of today, and now we're also getting ready for the platforms of tomorrow. Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate." The Company informed that the transaction is expected to close in Q2 2014. The full analyst notes on Facebook Inc. are available to download free of charge at:
Yahoo! Inc. Analyst Notes
On March 20, 2014, Yahoo! Inc. (Yahoo) reported that SynapSense Corporation (SynapSense) announced a joint project which will save 4.6 million kilowatt hours of energy annually at Yahoo's data center in Quincy, Washington. According to Yahoo, the project consists of three phases including: deployment of Wireless Environmental Monitoring in phase 1; optimizing data center cooling and balancing the airflow using SynapSense advanced tools and metrics by SynapSense Professional Services, in partnership with the Yahoo team in phase 2; and in phase 3, SynapSense Active Control™ will automatically maintain efficient operating conditions by dynamically matching cooling to the varying equipment and conditions in the data center. Commenting on the project, Chris Page, Yahoo's Global Director for Energy and Sustainability Strategy, stated, "Our partnership with SynapSense will further our efforts to ensure our data centers are as energy efficient as possible. We look forward to working together with SynapSense to maximize our cooling efficiency and lower our overall carbon footprint." The full analyst notes on Yahoo! Inc. are available to download free of charge at:
Youku Tudou Inc Analyst Notes
On March 26, 2014, Youku Tudou Inc (Youku Tudou) reported that the New York Stock Exchange has contacted the Company in accordance with its usual practice with regards to the unusual activity in Youku Tudou's American Depositary Shares (ADS) on March 25, 2014. Youku Tudou stated that its policy is not to comment on market rumors or otherwise speculate on unusual market activity. The full analyst notes on Youku Tudou Inc are available to download free of charge at:
International Game Technology Analyst Notes
On March 25, 2014, International Game Technology (IGT) reported that it is taking actions to re-align its cost structure for long-term earnings growth. IGT stated that it is enacting cost-cutting measures, including the reduction of its global workforce by 7% to realize expected cost savings of $30 million in the current fiscal year and an estimated $50 million on an annual run-rate basis. Commenting on the development, IGT CEO, Patti Hart, stated, "As we reach the halfway point in our fiscal year, you can see this is a challenging time for the industry and IGT. We knew that our success in 2013 would be difficult to replicate. However, we did not expect such a sharp decline in North American gross gaming revenues, or further degradation in the international currency, compliance, and importation environment." IGT stated that it is lowering its FY 2014 guidance for adjusted EPS from continuing operations from $1.28-$1.38 to $1.00-$1.10, and expects adjusted EPS from continuing operations in Q2 2014 to range from $0.17 to $0.19. The full analyst notes on International Game Technology are available to download free of charge at:
Zynga Inc. Analyst Notes
On March 26, 2014, Zynga Inc.'s (Zynga) stock dropped 4.13% to close at $4.64. Over the past month of trading, Zynga's stock declined 10.94% as compared to the Nasdaq Composite which also fell 3.37% during the same period. The full analyst notes on Zynga Inc. are available to download free of charge at:
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