Amazon.com is launching its own Game Studio along with a social game for Facebook called ‘Living Classics.' This is the company’s first major step into video game development. But with Zynga’s recent downfall, one analyst is questioning Amazon’s decision to invest in social gaming.
Volatile oil prices, rising inflation, slowing emerging markets, and geopolitical tension have left investors hesitant to make moves in the oil market. But some analysts are confident that oil companies are in a strong position moving forward.
Macquarie holds an "Outperform" rating on Royal Dutch Shell and BG Group. Despite geopolitical uncertainty, Jason Gammel, head of European oil and gas research at Macquarie, said that these oil stocks are ripe for investment as winter approaches.
Zynga slashed its 2012 earnings outlook after posting second-quarter earnings that fell well below estimates. The stock fell nearly 40 percent on the report. With $1.6 billion of cash on hand, can the social gaming company make a comeback?
Caterpillar posted quarterly profit that beat expectations. With an overweight rating on the stock and a $108 price target, Ann Duigan, JPMorgan machinery analyst, called Caterpillar “a global economic play.” But the stock is down 20 percent over the last 12 months. What should investors make of these mixed messages?
The restaurant sector encountered headwinds that lead to worse-than-expected second-quarter earnings. Following Yum! Brands and Chipotle, McDonald’s was just the latest restaurant chain to miss estimates for the quarter. But should investors buy or sell?
Google reported better-than-expected earnings on Thursday. This signaled continued strength in advertising which sent Google shares up in extended-hours trading. But the Internet giant left one question unanswered: What is Google’s plan for Motorola?
The National Federation of Independent Business (NFIB) President and CEO Donald Danner accused the government of making it more difficult to start a business. This came after President Obama made a controversial comment in a campaign speech over the weekend.