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Alcohol Sales Up 55% In Third Week Of March
Friday, April 3, 2020 - 3:06pm | 325Total alcohol sales growth for the third week of March accelerated from 28% to 55%, according to Grocery Dive. Beer By The Case Consumers appear to be stockpiling alcohol ahead of an uncertain time when alcohol stores could be forced to close. Data compiled by Nielsen shows that tequila...
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Super Bowl LIV Cracks 100 Million US Viewers
Tuesday, February 4, 2020 - 2:08pm | 527Super Bowl LIV was watched by just under 100 million viewers on the Fox television broadcast and slightly more than that when counting other platforms, according to Nielsen data. Viewership was up 2% over the number that watched last year. Adweek reported the Super Bowl likely brought in a record $...
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Boston Beer's Truly Hard Seltzer Has Cowen Buzzing
Thursday, October 17, 2019 - 11:39am | 387Boston Beer Company Inc (NYSE: SAM) shares were moving higher Thursday after the company received an analyst upgrade on the strength of its red-hot hard seltzer, Truly. The Analyst Cowen analyst Vivien Azer upgraded Boston Beer Co. from Market Perform to Outperform and raised the price...
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Concerning Nielsen Data Prompts JPMorgan Downgrade Of Energizer Holdings
Wednesday, June 19, 2019 - 10:35am | 345A bearish case for battery and portable lighting product maker company Energizer Holdings Inc (NYSE: ENR) can be made after recent Nielsen data pointed to a concerning outlook, according to JPMorgan. The Analyst Andrea Teixeira downgraded Energizer Holdings from Neutral to Underweight with a...
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Credit Suisse Raises Hershey Price Target After Strong Q1 Margin Gains
Friday, April 26, 2019 - 9:03am | 372Hershey Co (NYSE: HSY) reported strong gross and operating margin expansion for the first quarter and raised its full-year margin guidance Thursday. Margins were driven by higher-than-anticipated benefits from a decline in cocoa and dairy prices, as well as gains from SG&A efficiency...
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Global Game Spending Returns To Growth, Led By EA Titles, Mobile
Monday, March 25, 2019 - 12:01pm | 763Digital gamers spent more than $8 billion in February, with Electronic Arts Inc. (NASDAQ: EA) reaping much of the spending on console games. The number was also boosted by a jump in spending on mobile games. New data from Nielsen’s SuperData Research found that game spending growth across all...
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Netflix By The Numbers
Sunday, March 24, 2019 - 4:14pm | 708After holding its viewership data cards close to its chest, Netflix (NASDAQ: NFLX) revealed some interesting numbers regarding some of its content. Romantic comedies were at the top of the Netflix best list for 2018, the company said in a December press release. The most-watched and...
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As Sports Broadcasters See Some Viewers Return, Experts Predict Another Year Of Streaming Transition
Monday, January 7, 2019 - 3:49pm | 1122While pundits have been sounding the 2-minute warning on big-time televised sports for a few years, the companies that feed our athletic addictions managed to keep the game going a bit longer this past year. And as we head into a new year, there’s some optimism in the industry that...
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Who Benefits From Facebook's Metric Mishap?
Sunday, September 10, 2017 - 7:08pm | 603Facebook Inc (NASDAQ: FB) is gaining a lot of momentum with its newly launched streaming service, Facebook Watch. A+E Networks' new short-form series "Bae or Bail" reached over 24 million viewers on the platform. Traditional networks are taking a liking to the new platform, and we will likely see...
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New Data Show Gamers Spend Almost Half Console Time Not Playing Games
Tuesday, June 13, 2017 - 12:34pm | 464Microsoft Corporation (NASDAQ: MSFT) has unveiled its newest video game console ahead of the Electronic Entertainment Expo Wednesday in Los Angeles. 'The World's Most Powerful Console' Dubbed “the world’s most powerful console,, the Xbox One X is the latest release from Microsoft, and...
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Even Among Gamers, 70% Don't Have The Nintendo Switch On Their Radar
Sunday, May 28, 2017 - 2:01pm | 852The seventh major video game console from Japan's Nintendo Co., Ltd (ADR) (OTC: NTDOY), the Nintendo Switch, may not have made a mark in the minds of the general or gaming public, at least in the run up to its March 3 launch. Anemic Recognition The results of a survey published in Nielsen's...
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New Data Show Why Smartphones May One Day Dethrone TV As The Supreme Screen
Tuesday, March 28, 2017 - 9:40am | 805Scoot over television; smartphones are vying for the media throne. TV, one of the mainstay entertainment avenues, is slowly on the way to being relegated to the backseat. This is quite a cultural shock for those of us raised around TVs, and religiously tuned into the family tube for entertainment...
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Hain Celestial Emerges From Cloud Of Accounting Uncertainty
Friday, November 18, 2016 - 8:56am | 641Hain Celestial Group Inc (NASDAQ: HAIN) announced Wednesday after the market close that an internal audit committee appointed to probe into concessions with respect to certain distributors in the United States has found no evidence of intentional wrongdoing in connection with Hain Celestial's...
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This Media Analyst Makes The Case For Buying Nielsen And Selling Viacom
Thursday, October 6, 2016 - 11:50am | 406Todd Juenger, a media analyst with Bernstein, was a guest on CNBC Thursday to share his outlook on the sector. Juenger pointed out that majority of media companies under his coverage make most of their money through TV and operating television networks. Unfortunately, his view of the sector is...
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Smucker Downgraded At Credit Suisse On Worse-Than-Expected Pet Food Business
Tuesday, September 27, 2016 - 7:23am | 368Credit Suisse's Robert Moskow prefers to move to the sidelines on J M Smucker Co (NYSE: SJM), given that the company’s “key commodity inputs have bottomed and no longer provide material opportunities for margin benefits.” Moskow downgraded the rating on the company from...