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Baird: Electronic Arts and Activision Top Picks In Gaming
Tuesday, June 16, 2015 - 4:33pm | 449The Electronic Entertainment Expo (E3) 2015 is underway at Los Angeles Convention Center in Los Angeles, California, and most of the excitement this year at the event is focused around virtual reality. Colin Sebastian, Baird senior analyst, was on CNBC live from E3 to discuss the...
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Robert W. Baird: 'Facebook Is Positioned To Be A Leader In Virtual Reality'
Thursday, June 11, 2015 - 1:29pm | 370Facebook Inc (NASDAQ: FB)’s recently acquired subsidiary Oculus is scheduled to launch a new device at a conference today. Colin Sebastian, analyst with Robert W. Baird & Co., was on CNBC recently to discuss why virtual reality is so important for Facebook and the company’s...
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Google's Buy Button, The Transactional Market And Competition From The 'Triple As'
Tuesday, May 19, 2015 - 3:52pm | 381Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) is attaching a "buy" button to search results of products on its mobile site. Colin Sebastian, analyst with Robert W. Baird & Co, was on CNBC Tuesday to explain why this move makes sense for Google. Benefits "There are several reasons...
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Argus, Baird Talk Amazon After Earnings
Monday, April 27, 2015 - 3:12pm | 643Amazon.com, Inc. (NASDAQ: AMZN) reported first quarter earnings last week on April 23 and analysts are still coming in with new ratings on the stock. The e-commerce giant posted increased revenue driven by growth on its cloud platform and increased North American sales. Amazon’s stock shot...
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Baird: Lack Of Peak Day Data From Amazon A Concern
Friday, December 26, 2014 - 4:13pm | 129Amazon.com, Inc. (NASDAQ: AMZN) reported that 10 million new members tried Amazon Prime over the holidays. Baird analyst Colin Sebastian felt that a lack of peak day data from Amazon was a concern. Sebastian saw e-commerce sales inline with Baird’s estimated growth of 13 percent to 14...
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Google Vs. Facebook: Will There Be An Online Advertising War In 2015?
Tuesday, December 23, 2014 - 5:00pm | 327Facebook Inc (NASDAQ: FB) has been gaining significant grounds in the online advertising space. Could it pose a serious threat to Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) in 2015? Colin Sebastian from Robert W. Baird was on CNBC to discuss Facebook’s outlook for 2015 and the...
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Baird Reiterates On Amazon, Notes Muted Demand For Fire
Wednesday, August 6, 2014 - 12:07pm | 124In a note released Wednesday, Baird analyst Colin Sebastian reiterated his Outperform rating on Amazon (NASDAQ: AMZN), although he did point to muted demand in the Amazon Fire phone. Sebastian thinks the Amazon Fire is more of a strategic move to drive more users to the shopping platform, and...
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Risks May Outweigh Rewards For Amazon's Phone, According To Baird
Friday, May 2, 2014 - 12:46pm | 192In a report published Friday, Baird analyst Colin Sebastian noted that risks may outweigh rewards for Amazon.com's (NASDAQ: AMZN) phone. Sebastian remarked that Amazon's phone could add “margin pressure and significant competitive headwinds.” He added that the cost of entry and carrier complexity...
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Will Microsoft Have A More Aggressive Xbox One Strategy At E3?
Friday, May 2, 2014 - 10:34am | 514Microsoft's (NASDAQ: MSFT) Xbox One has sold five million units worldwide, but that hasn't been enough to keep up with its chief competitor. Will this force Microsoft to adjust its strategy in promoting Xbox One at this year's Electronic Entertainment Expo? Robert W. Baird analyst Colin Sebastian...
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Wal-Mart Entering Used Game Space; GameStop Under Pressure?
Tuesday, March 18, 2014 - 2:14pm | 363Wal-Mart (NYSE: WMT) on Tuesday announced that it will launch a used video game exchange program. Customers will be able to trade in old video games in exchange for store credit beginning on March 26. Wal-Mart's move into the used game space places tremendous pressure on GameStop (NYSE: GME) whose...
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Microsoft's First Xbox TV Series Slated For 1H 2014
Monday, December 16, 2013 - 4:11pm | 1028Microsoft (NASDAQ: MSFT) plans to launch its first Xbox TV shows during the first half of 2014. According to Variety, Entertainment and Digital Media President Nancy Tellem said that she hopes the company can "put something up" in the first or second quarter. Speaking at Variety's Dealmakers...
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Baird Reiterates Neutral on Take-Two Interactive Following Massive First-Day Sales of Grand Theft Auto V
Thursday, September 19, 2013 - 10:57am | 98In a report published Thursday, Baird Equity Research analyst Colin Sebastian reiterated a Neutral rating and $19.00 price target on Take-Two Interactive Software (NASDAQ: TTWO). In the report, Baird Equity Research noted, “Take-Two disclosed that its blockbuster video game Grand Theft Auto V sold...
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Amazon Gets President's Attention with its Massive Employment Campaign (AMZN)
Tuesday, July 30, 2013 - 11:43am | 582Amazon.com (NASDAQ: AMZN)’s growth spurt continues, and with it, jobs, jobs, jobs. According to The Wall Street Journal, the company currently has openings for 5,000 full-time positions at 17 facilities. In addition, according to USA Today, Amazon plans to add another 2,000 customer service...
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Activision Blizzard (ATVI) Shares Rise With Earnings Report
Wednesday, February 10, 2010 - 8:30pm | 236Although its 4th quarter loss grew due to one time charges, video game producer Activision Blizzard, Inc. (Nasdaq: ATVI) easily beat Wall Street expectations. Shares of Activision Blizzard, Inc rose more than 5% in after hours trading when the company released its earnings report. For the quarter...
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Amazon Could Allow Higher Prices On Kindle (AMZN, LAZ)
Tuesday, February 2, 2010 - 10:46am | 163Amazon’s (NASDAQ: AMZN) Kindle has been a favorite with customers due to its easily readable screen, fast wireless downloads and a price for new bestsellers for an average price of just $9.99. But Amazon may be willing to allow some publishers like Macmillan to have free pricing with an option to...