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Illinois Supreme Court Has Upheld Legality of Capital Spending Bill and Therefore the Illinois Video Lottery Business
Tuesday, July 12, 2011 - 7:36am | A couple of seconds readWells-Gardner Electronics Corporation (NYSE: WGA) announced that the Illinois Supreme Court has unanimously upheld the legality of the Capital Spending Bill and therefore the Illinois Video Lottery Terminal business.
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Why Nintendo DS is the BEST System Ever, Why Nintendo 64 is the Worst
Friday, July 8, 2011 - 1:22pm | 7 min readOne was filled with quality games and countless innovation. The other was a disaster from day one. In the ‘90s, everything was riding on Nintendo 64. The whole industry catered to its arrival, either as a third-party developer in support of its release, or as a competitor horrified by Nintendo's...
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TMS International Corp. Announces Contracts Totaling More Than $84 Million
Thursday, July 7, 2011 - 3:05pm | 1 min readTMS International Corp. (NYSE: TMS), the parent company of Tube City IMS Corporation, a provider of outsourced industrial services to steel mills globally, today announced that it has secured new contracts totaling more than $84 million in revenue over the life of the contracts at expected...
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Mad Catz® Announces Xbox 360 Publisher License Agreement
Thursday, July 7, 2011 - 7:37am | A couple of seconds readMad Catz Interactive (NYSE: MCZ) announced today it has entered into a Publisher License Agreement with Microsoft® Corporation. The agreement allows Mad Catz to submit games to be published on the Xbox 360® video game and entertainment system from Microsoft. Darren Richardson, the President and...
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AMD Still Citi's Top Idea as a "Share Gainer"
Thursday, July 7, 2011 - 6:36am | 1 min read“Beginning with their netbook and low-end notebook chip Brazos in Q1, AMD continued to execute on its roadmap with the subsequent launch in Q2 of Llano, intended for mainstream notebooks,” Citi wrote in a report focusing on AMD (NYSE: AMD). “Gross margins in AMD's Computing Solutions segment...
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Deutsche Bank Raises PT On GRMN, TNAV
Thursday, July 7, 2011 - 5:20am | A couple of seconds readDeutsche Bank has raised the price targets on Garmin (NASDAQ: GRMN) from $30 to $33, maintaining Hold and TeleNav (NASDAQ: TNAV) from $11 to $19, maintaining Hold.
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Top 4 Small-Cap Stocks In The Toys & Games Industry With The Highest Revenue
Thursday, July 7, 2011 - 1:36am | 1 min readBelow are the top small-cap toys & games stocks on the NYSE, the NASDAQ and the AMEX in terms of revenue. The trailing-twelve-month revenue at JAKKS Pacific Inc (NASDAQ: JAKK) is $742.25 million. JAKK's PEG ratio is 0.87. The trailing-twelve-month revenue at Leapfrog Enterprises Inc (NYSE: LF...
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Apple iPhone Rumor Round-Up
Wednesday, July 6, 2011 - 12:38pm | 1 min readIt appears the daily news is centered on Apple (AAPL) and the rumors surrounding the next iPhone. Let's recap some of the goings on and see how they have affected the various players in the market place. Rumor 1 According to FBR Capital, Omnivision Technologies (OVTI) may have lost its socket...
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Sony and Sony Computer Entertainment Announce Full Restoration of PlayStation Network and Qriocity Services in Japan
Tuesday, July 5, 2011 - 12:28pm | 1 min readSony Corporation (NYSE: SNE) and Sony Computer Entertainment announced today that Sony Network Entertainment International will fully restore all PlayStation®Network and Qriocity services in Japan on July 6. As the result of a criminal cyber attack on the company's data-center located in San Diego...
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Apple and RIM Prevail Over Rivals in Nortel Patent Auction
Friday, July 1, 2011 - 5:09am | 1 min readApple (NASDAQ: AAPL) and Research in Motion (NASDAQ: RIMM) are part of a winning consortium of technology companies that successfully bid on the mobile patent portfolio of bankrupt telecommunications company Nortel Networks. Nortel, which went bankrupt in 2009, has an expansive list of tech...
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UPDATE: Goldman Sachs Lowers PT on Garmin to $30
Tuesday, June 28, 2011 - 7:39am | A couple of seconds readGoldman Sachs is out with its report today on Garmin (NASDAQ: GRMN), lowering its PT from $35 to $30. In a note to clients, Goldman Sachs writes, "We are lowering our 12-month price target to $30 from $35, based on an unchanged multiple of 14X our CY2012 GAAP EPS estimate of $2.17." Goldman Sachs...
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Oppenheimer Outperform On Amgen
Tuesday, June 28, 2011 - 7:18am | 1 min readOppenheimer & Co. has an Outperform rating and a $66 price target on shares of Amgen (NASDAQ; AMGN). In a note to clients, Oppenheimer & Co. writes, "On 6/27, AMGN reported filing a sBLA for Xgeva for the prevention of bone mets (PBM) in castrate-resistant prostate cancer (PC). We believe...
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Top Percentage Pre-Market Gainers and Losers
Tuesday, June 28, 2011 - 6:30am | 1 min readGainers: Accenture PLC (NYSE: ACN) is up over 5% after its addition to S&P 500 Index. LinkedIn (NASDAQ: LNKD) is up over 2% after JPMorgan rated the company Overweight and Bank of America rated the company as a New Buy with a price target of $92. TJX Companies (NYSE: TJX) is up over 1.5% after...
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Goldman Sachs Lowers PT On Garmin To $30
Tuesday, June 28, 2011 - 6:10am | A couple of seconds readGoldman Sachs has lowered the price target on Garmin (NASDAQ: GRMN) from $35 to $30 and maintains its Neutral rating.
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Can Sony Recover from Escalating Stock Market Punishment?
Tuesday, June 28, 2011 - 5:49am | 1 min readShares of Sony Corporation (NYSE: SNE) slid ever lower on Monday, shedding another 1.4% as investors continued to fret over the company's devastating cyber attack. This spring's hacking attack, which brought down Sony's popular online PlayStation gaming network, has been damaging both financially...