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Is Zynga A Penny Stock?
Thursday, April 23, 2015 - 7:55am | 589Read More...Zynga Inc (NASDAQ: ZNGA) was once considered to be a powerful force in online game development, thanks in part to the "FarmVille" franchise. That changed when the company started losing players, which prompted Zynga to layoff several employees. Now the game studio, which once traded...
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Mark Pincus Only Adds More Questions For Zynga, Jefferies Says
Thursday, April 9, 2015 - 9:37am | 181Read More...In a report published Wednesday, Jefferies analyst Brian Pitz commented on Zynga Inc (NASDAQ: ZNGA) naming its founder and Chairman Mark Pincus to replace Don Mattrick and assuming the CEO role, effective immediately. According to Pitz, the announcement is a negative as the change in management...
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Why Zynga Needs Fresh Blood, Not Former CEO Mark Pincus
Wednesday, April 8, 2015 - 3:55pm | 545Read More...Mark Pincus, founder and chairman of Zynga Inc (NASDAQ: ZNGA), has returned to his role as the company's CEO. This decision might surprise some investors, who wondered if former Microsoft Corporation (NASDAQ: MSFT) exec Don Mattrick could take the company to the next level. Cody Willard,...
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BTIG Analyst Richard Greenfield Explains Why He Thinks Zynga's CEO Don Mattrick Must Go
Tuesday, February 17, 2015 - 7:20am | 336Read More...Gaming company Zynga Inc (NASDAQ: ZNGA) reported disappointing fourth-quarter earnings on Thursday. Following the report, BTIG analyst Richard Greenfield wrote a blog post in which he criticized the management of the company and suggested that the company’s CEO, Don Mattrick, must go....
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Play-By-Play Recap Of Zynga's Q4 Earnings
Thursday, February 12, 2015 - 4:20pm | 1144Read More...Zynga Inc (NASDAQ: ZNGA) reported earnings on Thursday afternoon. Read on for Benzinga's live blog of the company's Q4 conference call -- and don't forget to refresh for frequent updates! The call starts at 5:00pm ET, but updates are already rolling in via Benzinga Pro. 06:03:50pm...
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Market Wrap For June 5: Markets Positive Before Friday's Employment Report
Thursday, June 5, 2014 - 3:35pm | 2244Read More...U.S. stocks were positive after the European Central Bank implemented steps to fight disinflation, including negative interest rates. On the home-front, initial jobless claims rose last week but that didn't stand in the way of the S&P 500 and Dow Jones indices trading at historical all-...
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Market Wrap For March 4: Bulls Take Over As Ukraine Fears Dissipate
Tuesday, March 4, 2014 - 4:37pm | 2664Read More...U.S. stocks recovered and posted strong gains as concerns over a military conflict involving Russia and Ukraine dissipated overnight. The Dow posted a triple digit point gain, recording its best day of the year. The S&P 500 surged to new all time highs of 1,876.23 while the Nasdaq hit new...
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Market Wrap For February 4: Investors And Traders Go Bargain Hunting
Tuesday, February 4, 2014 - 4:40pm | 2983Read More...U.S. stocks rose today as investors and traders felt that there were plenty of bargains in the market to be found. "Today is just a bounce. I don't think there is really that much behind it, other than some bargain hunters stepping in," Robert Pavlik, a chief market strategist said to CNBC....
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CEO Turnovers the Highest Since 2008, Bloomberg Reports
Tuesday, November 26, 2013 - 3:57pm | 392Read More...Steve Ballmer's departure as CEO at Microsoft (NASDAQ: MSFT), and the company's publicized search for a replacement, has dominated headlines in recent months. The company is one of many that is in the process, or have already made changes at the most senior level. Bloomberg reports U.S....
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Zynga Announces 3Q13 Earnings
Thursday, October 24, 2013 - 4:17pm | 303Read More...Zynga (NASDAQ: ZNGA) announced their financial results for the quarter ending September 30. Zynga reported 3Q13 revenue of $203M (down 36% YoY) and bookings of $152M (down 40% YoY). The quarter's net loss is $68,000 and adjusted EBITDA of $7M. 3Q13 GAAP EPS is $0.00 and non-GAAP EPS of $0.02...
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Zynga to Abandon Real Money Gambling (ZNGA)
Friday, July 26, 2013 - 9:59am | 539Read More...Zynga (NASDAQ: ZNGA) can’t seem to get out of its own way. After reporting mixed earnings Thursday, the company announced that it would abandon its real-money gambling strategy in the United States. Comparing the company’s earnings to analyst expectations makes Thursday’s earnings report look...
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Zynga Reports Smaller Q2 Loss; Stock Plunges (ZNGA)
Thursday, July 25, 2013 - 4:49pm | 356Read More...Zynga (NASDAQ: ZNGA) released its fiscal second-quarter earnings results after the closing bell on Thursday. Despite reporting both earnings per share and revenue that were ahead of Wall Street estimates, the stock plunged in late trade due to poor guidance for the third-quarter. At last check,...
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Zynga Real-Money Online Gambling Comes to Facebook (FB, ZNGA)
Wednesday, July 10, 2013 - 12:44pm | 714Read More...Gambling, in both the online and physical worlds is all about generating excitement. Zynga (NASDAQ: ZNGA) hoped to generate some excitement of its own Wednesday as it prepared to unwrap its real-money gambling apps for Facebook (NASDAQ: FB) and for mobile. San Francisco-based, Zynga said that...
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CLSA's Managing Director Ed Maguire Sees Good Things For Microsoft (MSFT)
Tuesday, July 2, 2013 - 7:32am | 300Read More...CLSA managing director and senior analyst Ed Maguire was interviewed on CNBC's Squawk Box Tuesday morning where he discussed the future of Microsoft (NASDAQ: MSFT). Many expected Microsoft to transition into a device and service-based company, restructuring from a software company. But, with the...
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Zynga Hires Microsoft Exec Who Supported Xbox One's Most Controversial Policies (MSFT, ZNGA)
Monday, July 1, 2013 - 4:47pm | 549Read More...Zynga (NASDAQ: ZNGA) has officially hired Don Mattrick to take over as CEO. Unlike some of Zynga's other hires over the past few years, Mattrick is well known by the gaming community. Up until Monday, he served as the president of the Interactive Entertainment Business at Microsoft (NASDAQ: MSFT...
