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Activision Marginally Beats - Analyst Blog
Friday, August 6, 2010 - 3:35pm | 954A leading publisher of online, personal computers, console, handheld and mobile games, Activision Blizzard Inc. (ATVI) reported second-quarter earnings of 5 cents per share, which beat the Zacks Consensus Estimate by 2 cents but was down a penny per share year over year. The decline can primarily...
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Harman International Falls 13.7% On Earnings Miss (NYSE: HAR)
Friday, August 6, 2010 - 12:21pm | 215Shares of Harman International Industries (NYSE: HAR) are trading down 13.7% at $29.17 per share on Friday afternoon. The day's trading range for shares of Harman International Industries has been between $29.12 and $32.50 per share. Analysts covering the company's stock have a consensus price...
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Activision's Sales Break Records - Analyst Blog
Wednesday, August 4, 2010 - 10:02am | 795A leading publisher of online, personal computers, console, handheld and mobile games, Activision Blizzard Inc. (ATVI) recently noted that its flagship action game, Call of Duty’s map packs sold more than 20 million units to date as measured during the second quarter of 2010, ended June 30, 2010...
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Company News for August 4, 2010 - Corporate Summary
Wednesday, August 4, 2010 - 10:01am | 397• Priceline (NASDAQ:PCLN) reported sharply better-than-expected sales and earnings for the second quarter. Earnings of $3.09 were sharply above Zacks expectations of $2.47, as revenues of $767.4 million beat estimates of $734 million. Goldman Sachs (NYSE:GS) kept its "buy" rating on the shares,...
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Garmin Rated Sell (GRMN, GS)
Monday, August 2, 2010 - 4:21pm | 125Garmin (NASDAQ: GRMN) is expected to announce robust June quarter performance due to a better product mix. In its report on the company, Goldman Sachs (NYSE: GS) has stated that the company is likely to beat the consensus revenue estimate of $657 million. It is also likely to surpass EPS estimates...
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Wunderlich’s Entertainment Review (SNE, GE, CMCSA)
Monday, August 2, 2010 - 1:29pm | 282Wunderlich Securities is out with their weekly entertainment review this morning, where they review several movies currently at the box office. • Inception: Warner Bros. and Legendary sci-fi project fell only 36% in its third weekend to gross $27.5 mm. This comes after generating the highest...
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Earnings Peer Pressure 07-29-2010
Thursday, July 29, 2010 - 7:00pm | 809Cusick’s Corner With no leadership, XLF & SMH down, plus the Euro currency stuck in the mud, the market had really no catalyst to help any upside advance into the After Hours. Commodities, DBA (ETF w/ Corn, Soybeans, Wheat, and Sugar) continue to move to the upside, and while this could be...
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Resurgence of Bear in Oil 07-29-2010
Thursday, July 29, 2010 - 2:55pm | 822Cusick’s Corner All major indices are running into resistance (as noted in the last two Corners), while Finance, XLF, and Semis, SMH, are both pulling back and have been lagging the market over the last few weeks. Both these segments need to breakout, specifically above the June and July highs if...
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Stock Market News for July 29, 2010 - Market News
Thursday, July 29, 2010 - 10:12am | 567Federal Reserve’s Beige Book report painted a dismal picture of the economic recovery, compounding worries that the much-expected revival is facing headwinds. A weak report on durable goods orders further disappointed investors who had no reason to rejoice in Boeing’s lackluster quarterly numbers...
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Piper Jaffray Lowers Revenue Estimates For Activision Blizzard (ATVI)
Tuesday, July 27, 2010 - 12:19pm | 126Piper Jaffray released a company note on Activision Blizzard (NASDAQ: ATVI). The company will be reporting earnings on August 5th. Piper Jaffray analysts wrote that "We expect Activision (ATVI) will report June quarter EPS above guidance ($0.04 EPS) and the consensus ($0.05 EPS. We project sales...
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Microsemi Beats Zacks Consensus - Analyst Blog
Tuesday, July 27, 2010 - 12:04pm | 1470Microsemi Corporation’s (MSCC) third quarter earnings for fiscal 2010 exceeded the Zacks Consensus Estimate by 11 cents. Revenue The company reported total revenue of $136 million, up 15.1% sequentially and 27.1% year over year and much better than management’s expectations of a sequential...
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Benzinga’s Top Upgrades (LSE, SNE, SVVS, CNL)
Tuesday, July 27, 2010 - 6:55am | 152CapLease Inc (NYSE: LSE) was upgraded by Wells Fargo from "underperform" to "market perform." LSE’s shares closed at $4.99 yesterday. CapLease’s quarterly earnings rose 46.86% y/y. JP Morgan upgraded Sony Corporation (NYSE: SNE) from "neutral" to "overweight." SNE’s shares closed at $28.85...
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JP Morgan Upgrades SNE To Overweight
Tuesday, July 27, 2010 - 6:37am | 41Analysts at JP Morgan upgrade Sony Corporation (NYSE: SNE) from "neutral" to "overweight." SNE’s shares lost 0.31% to close at $28.85 yesterday. More Analyst Ratings here
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Stock Market News for July 26, 2010 - Market News
Monday, July 26, 2010 - 10:21am | 495Fed Chairman Bernanke’s Wednesday assessment that the economic outlook is “unusually uncertain" failed to deter investors and stocks ended the week on a positive note as reassuring news on European banks’ health and a number of upbeat earnings reports gave traders reasons to buy stocks. The euro...
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July 26th – 30th Quick Review/Preview For Stocks, Commodities, Forex
Sunday, July 25, 2010 - 3:38am | 2341Likely Market Movers To Watch This Week For details on these see: Major Market Movers To Watch July 26th – 30th: Stocks, Commodities, Forex Likely Market Movers For The Coming Week Bearish Suspiciously Lenient EU Bank Stress Tests Raise Uncertainty: We knew the results would be positive...