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
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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:
http://www.AnalystsReview.com/03312014/FB/report.pdf
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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:
http://www.AnalystsReview.com/03312014/YHOO/report.pdf
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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:
http://www.AnalystsReview.com/03312014/YOKU/report.pdf
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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:
http://www.AnalystsReview.com/03312014/IGT/report.pdf
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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:
http://www.AnalystsReview.com/03312014/ZNGA/report.pdf
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