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MGA Entertainment Licenses Worldwide Multi-Platform Videogame Rights for the Lalaloopsy Brand to Activision Publishing
Monday, June 13, 2011 - 12:01pm | 134MGA Entertainment, the innovative toy company behind the highly successful line of Lalaloopsy™ collectible dolls, has granted Activision® Publishing, Inc. (Nasdaq: ATVI) the exclusive worldwide rights to develop, manufacture and distribute videogames based on the Lalaloopsy™ brand and characters....
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NASDAQ Stocks Hitting 52-Week Highs
Monday, June 13, 2011 - 9:09am | 176EMS Technologies Inc (NASDAQ: ELMG) shares rose 32.30% to create a new 52-week high of $32.81. Honeywell International Inc (NYSE: HON) announced its plans to buy EMS Technologies for around $491 million. Ness Technologies Inc (NASDAQ: NSTC) shares gained 14.22% to create a new 52-week high of $7....
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Stocks for the week ahead
Friday, June 10, 2011 - 5:45pm | 1547( click to enlarge ) We finally got the breakout in Oncothyreon Inc. (NASDAQ:ONTY). Shares rallied past resistance near $6.82 and hit my trigger to open positions. Watch the $7 as potential resistance. Let's keep an eye on ONTY as i think momentum will pick up again. ( click to enlarge...
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Majesco Entertainment Turns Around In Weak Market
Friday, June 10, 2011 - 11:48am | 198Majesco Entertainment Co. (NASDAQ: COOL) shares have turned around in a sharply weaker market, indicating shares may run sharply once the market turns around. At last check, shares were trading at $4.09, up 8 cents, or 2%. Shares had touched a low of $3.77 earlier in the session, but have since...
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Stock Picks and Trade Ideas for Friday, June 10
Thursday, June 9, 2011 - 4:04pm | 1789( click to enlarge ) Elan Corporation, plc (ADR) (NYSE:ELN) broke out today and traded nearly 2x normal daily volume. The stock has the potential to make a big run on Friday, so keep a close eye on ELN and don't miss the trade. From the technical analysis perspective, the outlook for Elan...
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Thursday's Stocks to Watch, Jun 09
Wednesday, June 8, 2011 - 4:22pm | 1483( click to enlarge ) Netflix, Inc. (NASDAQ:NFLX) tried to move to higher price levels, but was not accompanied by volume so it dropped today. According to the technical daily chart above no pattern has emerged yet, but what NFLX needs is additional volume in its upward move for it to reach the...
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Glu Mobile is Seeing Strong Selling by Insiders. Are They Losing Confidence?
Wednesday, June 8, 2011 - 10:14am | 533Insiders have the most transparent view when valuing the company’s share price because they run the day-to-day business operations. This could provide a significant advantage to traders and investors when considering an investment opportunity. When Executives sell large stakes in their own...
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Bank of America Comments On Media Event Hosted by Electronic Arts
Tuesday, June 7, 2011 - 6:50am | 141According to a recent report from Bank of America, Electronic Arts (NASDAQ: ERTS) hosted a media event showcasing demos and game trailers for nine upcoming releases. Game trailers included Mass Effect 3, Battlefield, Need for Speed, SSX, Star Wars, FIFA, Sims, Madden, Reckoning, and Overstrike. Out...
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6 Stocks That Are Gaining Momentum
Monday, June 6, 2011 - 1:47pm | 200This is a stock screen similar to "Stocks That Are Breaking Down" (but just the exact opposite). A lot of these stocks are positioned for breakouts in the near future. If you are a momentum trader, you have to take a look at the charts of each of these stocks listed below. Each of the stocks below...
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Top Narrow Based Indexes For June 6
Monday, June 6, 2011 - 9:58am | 202By 10:55 am, the Dow Jones Industrial Average was down 46.24 points, or 0.38%, to 12,105.02, while the broader Standard & Poor's 500 index had dropped 7.39 points, or 0.57%. The NASDAQ composite index fell 10.56 points, or 0.39%. Some of the narrow based indexes that are still afloat in the...
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Glu Mobile Now Down Sharply After Startng Session Positive
Monday, June 6, 2011 - 9:50am | 82Glu Mobile Inc. (NASDAQ: GLUU) has severely reversed course, and is now down sharply, down almost 5% after the stock started up sharply higher this morning. The company, which makes mobile games based on various TV properties such as "Family Guy" and "The Price is Right" started the session at $5....
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Stocks To Watch For June 6
Sunday, June 5, 2011 - 11:48pm | 276Some of the stocks that may grab investor focus today are: Wall Street expects G-III Apparel Group Ltd (NASDAQ: GIII) to post its Q1 EPS at $0.04 on revenue of $195.36 million. GIII shares declined 2.50% to close at $38.98 on Friday. Electronic Arts Inc (NASDAQ: ERTS) is scheduled to hold press...
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Benzinga's Top Downgrades
Friday, June 3, 2011 - 7:16am | 136Analysts at Robert W. Baird downgraded Theravance Inc (NASDAQ: THRX) from “outperform” to “neutral.” THRX's shares closed at $23.51 yesterday. Theravance's trailing-twelve-month operating margin is -316.07%. Analysts at HSBC Securities downgraded Shanda Interactive Entertainment Ltd (NASDAQ: SNDA...
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Goldman Sachs Raises Electronic Arts Target from $22 to $25; Activision Jumps to $14
Friday, June 3, 2011 - 7:03am | 52Goldman Sachs is raising its PT on shares of Electronic Arts (NASDAQ: ERTS) from $22 to $25. Goldman Sachs has also raised its PT on Activision (NASDAQ: ATVI) from $13 to 14. Electronic Arts closed Thursday at $24.24; Activision closed at $11.95.
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UPDATE: Piper Jaffray Raises PT on Shanda Interactive to $42
Friday, June 3, 2011 - 6:36am | 131Piper Jaffray is out with its report today on Shanda Interactive (NASDAQ: SNDA), raising its PT from $41.50 to $42. In a note to clients, Piper Jaffray writes, "Shanda reported mixed 1Q results with revenue exceeding expectations while GAAP EPS disappointed. While we acknowledge Shanda's efforts...