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Bank of America Raises PO On Take-Two Interactive To $23
Wednesday, May 25, 2011 - 4:43am | 28Bank of America has raised its price objective on Take-Two Interactive (NASDAQ: TTWO) from $20 to $23 and maintains its Buy rating.
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Stocks To Watch For May 25
Tuesday, May 24, 2011 - 11:36pm | 295Some of the stocks that may grab investor focus today are: Wall Street expects Costco Wholesale Corporation (NASDAQ: COST) to report its Q3 EPS at $0.77 on revenue of $20.07 billion. Costco shares fell 0.21% to $81.18 in after-hours trading. Applied Materials Inc (NASDAQ: AMAT) reported upbeat...
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Take-Two Interactive Reports Wider Loss (TTWO)
Tuesday, May 24, 2011 - 3:39pm | 196Take-Two Interactive (NASDAQ: TTWO) released its fiscal fourth-quarter earnings results after the closing bell on Tuesday. The company reported a GAAP loss of $22.05, or $0.27 per share, compared to a loss of $9.8 million, or $0.13 per share, in the year ago period. On an adjusted, or non-GAAP...
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THQ Partners Announces Distribution Deal with Codemasters
Tuesday, May 24, 2011 - 2:51pm | 144THQ (NASDAQ: THQI) today announced an agreement in which THQ Partners will distribute four of Codemasters' premier video games in North America during 2011. THQ Partners provides select developers and publishers access to THQ's global retail and online publishing network. Codemasters will continue...
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EA SPORTS Unveils New Features for NHL 12; Ships on September 9th
Tuesday, May 24, 2011 - 12:01pm | 32Electronic Arts Inc. (NASDAQ: ERTS) announces new features for EA SPORTS NHL 12, shipping on September 9th in Europe and September 13th in North America.
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Benzinga's Volume Movers
Tuesday, May 24, 2011 - 9:28am | 156Perfect World Co Ltd (NASDAQ: PWRD) shares surged 12.19% to $26.87 at 10:25 am. The volume of PWRD shares traded was 395% higher than normal. PWRD reported upbeat Q1 profit. GT Solar International Inc (NASDAQ: SOLR) shares moved up 8.95% to $12.66. The volume of SOLR shares traded was 362% higher...
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Piper Jaffray Reports Perfect World Pipeline Looks Promising
Tuesday, May 24, 2011 - 6:47am | 121According to Piper Jaffray, Perfect World (NASDAQ: PWRD) pipeline looks promising. Piper Jaffray said that it continues to recommend PWRD shares on the heels of company's impressive 1Q results, which handily beat estimates and Street consensus. “1Q revenue came in at $110.1mil, above our estimate...
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Oppenheimer Reiterates Outperform on Perfect World
Tuesday, May 24, 2011 - 6:26am | 185Oppenheimer reiterated its Outperform rating on Perfect World (NASDAQ: PWRD) after the company posted strong Q1 results. In a research report published today, Oppenheimer states, "PWRD reported strong 1Q11 results. Revenue of $110.1M (+23% q/q, +20% y/y) was well above our/consensus estimate of $...
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Piper Jaffray Raises PT On Perfect World To $32
Tuesday, May 24, 2011 - 6:16am | 27Piper Jaffray has raised the price target on Perfect World (NASDAQ: PWRD) from $29 to $32 and maintains its Overweight rating.
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Earnings Scheduled For May 24
Tuesday, May 24, 2011 - 12:04am | 445Avago Technologies Limited (NASDAQ: AVGO) is expected to post its FQ2 EPS at $0.60 on revenue of $554.40 million. TiVo Inc (NASDAQ: TIVO) is projected to report a Q1 loss at $0.31 per share on revenue of $41.98 million. AutoZone Inc (NYSE: AZO) is projected to report its FQ3 EPS at $4.99 on...
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2K Partners with XLGAMES, Inc. to Develop Massively Multiplayer Online Game for Asian Market
Monday, May 23, 2011 - 6:33am | 972K, a wholly owned publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), today announced a partnership with XLGAMES, Inc. to develop and publish a massively multiplayer online game for the Asian market based upon one of 2K Games' top-selling franchise. XLGAMES, Inc. was founded...
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The9 Limited Announces Dismissal and Termination of Securities Class Action
Monday, May 23, 2011 - 6:31am | 205The9 Limited (NASDAQ: NCTY), an online game operator and developer in China, announced today that on May 20, 2011 the United States District Court for the Southern District of New York entered an order dismissing with prejudice the Consolidated Complaint in Glaser v. The9 Ltd. et al. Securities...
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US Stock Futures Signal Lower Start On Wall Street
Monday, May 23, 2011 - 5:07am | 369US stock futures are lower this morning, as sovereign debt worries hit Europe. Futures on the Dow Jones Industrial Average dipped 124 points to 12,342.00 and futures on the S&P 500 stock index fell 13.50 points to 1,314.30. Nasdaq 100 futures dropped 24.25 points to 2,319.25. US stocks closed...
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Earnings Scheduled For May 23
Monday, May 23, 2011 - 12:10am | 324China Sunergy Co Ltd (NASDAQ: CSUN) is expected to report its Q1 EPS at $0.12 on revenue of $191.79 million. Perry Ellis International Inc (NASDAQ: PERY) is projected to report its Q1 earnings at $0.99 per share on revenue of $277.07 million. GT Solar International Inc (NASDAQ: SOLR) is estimated...
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Earnings Highlights for the Week Ahead
Sunday, May 22, 2011 - 10:19am | 793This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago. From AutoZone (NYSE: AZO), Big Lots (NYSE: BIG), DSW (NYSE: DSW), H.J. Heinz (NYSE: HNZ), Hormel Foods (NYSE: HRL),...