Services Sector Review: New Nook 8GB Tablet, Google Privacy Lawsuit

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R.R. Donnelley & Sons Co. (NASDAQ:RRD): Notable companies reporting before the opening bell include Dollar Tree (NASDAQ:DLTR), Cinemark Holdings (NYSE:CNK), Eaton Vance (NYSE:EV), Quanta Services (NYSE:PWR), RR Donnelley and Sons (NASDAQ:RRD) and TJX Companies (NYSE:TJX).

The shares closed at $21.33, up $6.87, or 47.51%, on the day. Its market capitalization is $4.38 billion.

Daktronics, Inc. (NASDAQ:DAKT): Reports revenue $122.9M , consensus $117.38M.

The shares closed at $9.84, down $1.43, or 12.69%, on the day. Its market capitalization is $411.85 million.

Boyd Gaming Corporation (NYSE:BYD): Sees wholly owned EBITDA including IP and after the deduction for corporate expense $88M-$93M. Sees Borgata generating EBITDA of $32M-$34M. Guidance taken from Q4 conference call.

The shares closed at $8.61, down $0.98, or 10.22%, on the day. Its market capitalization is $743.20 million.

Google Inc. (NASDAQ:GOOG): An individual plaintiff has filed a lawsuit against Google (NASDAQ:GOOG) for allegedly breaking several laws by circumventing the privacy features of Apple’s (NASDAQ:AAPL) Safari Internet browser, according to ars technica. The plaintiff is asking the court to award damages for all those who used Google on Safari, the publication added. Google said that anyone who opted out of an advertising program was unaffected by the action, the publication added.

The shares closed at $614.00, up $9.36, or 1.55%, on the day. Its market capitalization is $199.63 billion.

Wal-Mart Stores, Inc. (NYSE:WMT): Internal documents from Barnes & Noble (NYSE:BKS) appear to point to the upcoming launch of a Nook 8GB Tablet that may be priced at a lower price point to better compete against Amazon.com’s (NASDAQ:AMZN) Kindle Fire, according to The Verge. Wal-Mart (NYSE:WMT) will be offering the new device starting February 22, the report noted.

The shares closed at $60.07, down $2.41, or 3.86%, on the day. Its market capitalization is $205.72 billion.

Netflix, Inc. (NASDAQ:NFLX): Comcast (NASDAQ:CMCSA) announced the launch of Xfinity Streampix, a new subscription video service that enables Xfinity video customers to instantly view favorite movies and TV shows in and out of the home, including numerous past seasons of current hit shows and full series, to multiple screens and devices including TVs, online platforms and mobile devices. To launch Streampix, Comcast has entered into licensing agreements with leading movie studios and programming providers including Disney-ABC Television Group (NYSE:DIS), NBCUniversal (NYSE:GE), Sony Pictures (NYSE:SNE), Warner Bros. Digital Distribution (NYSE:TWX) and Cookie Jar Entertainment and built a line-up of content, which is available starting this week. In the coming year, the Streampix service will be available on additional devices such as Xbox 360 (NASDAQ:MSFT) and Android-powered (NASDAQ:GOOG) devices. Streampix will be included as part of many Xfinity triple-play packages as well as separately for $4.99 a month with other video packages.

The shares closed at $117.40, down $4.45, or 3.65%, on the day. Its market capitalization is $6.51 billion.

Amazon.com, Inc. (NASDAQ:AMZN): After Microsoft (NASDAQ:MSFT) said that Google (NASDAQ:GOOG) had ignored Internet Explorer users’ privacy preferences, Google responded by saying that Microsoft’s cookie technology is “widely non-operational,” The Verge reported last night. A 2010 Carnegie Mellon study found that over 11,000 websites, including Facebook(FB) and Amazon (NASDAQ:AMZN), use similar bypass methods, the publication reported.

The shares closed at $182.26, down $0.24, or 0.13%, on the day. Its market capitalization is $82.94 billion.

Wynn Resorts, Limited (NASDAQ:WYNN): Universal Entertainment Corporation issued the following statement regarding the purported redemption of the shares of Wynn Resorts owned by its subsidiary, Aruze USA, based on action taken over the weekend by the Wynn Resorts Board of Directors: “While Wynn Resorts has still not provided Universal with a copy of the ‘investigation’ report, we believe the allegations leveled against Universal are motivated by self-interest and represent the results of an incomplete and otherwise flawed corporate governance process in breach of the Board’s fiduciary and other duties. Universal believes the entire process has been tainted by the desire to serve Steve Wynn’s predetermined goal of removing Aruze USA as the largest stockholder of the Company. Aruze USA intends to commence litigation, which includes seeking a temporary restraining order and preliminary injunction, to protect its interests in Wynn Resorts and prevent the redemption of its shares.”

The shares closed at $119.40, up $6.71, or 5.95%, on the day. Its market capitalization is $14.92 billion.

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To contact the reporter on this story: Stella Mariz at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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