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I've been busy this morning closing out a couple of positions, while monitoring a few other breakout plays (follow me on twitter to get them as I find them). So far no new positions, but I did close out my NFLX June 270 Calls at $4.10 from $2.44 resulting in a 68% gain on the premium and 9.1% gain...

Bank of America Merrill Lynch is out with its report today on Giant Interactive (NYSE: GA), raising its PO to $8.80. In a note to clients, Bank of America Merrill Lynch writes, "We increase our 11E and 12E revenues by 7% and 8%, respectively, to reflect stable performance from the original ZT...

Morgan Stanley reiterated its Overweight rating on Giant Interactive (NYSE: GA), following Giant's strong Q1 results. In a research report published today, Morgan Stanley states, "1Q11 sales increased 10% QoQ and 32% YoY to Rmb403mn, in line with our estimates. Excluding one off items, earnings...

Wedbush commented on Majesco Entertainment (NASDAQ: COOL) in a report released yesterday. In the report, Wedbush was mixed in its outlook of the company. Wedbush writes, “We are raising our Q2 estimates to reflect Zumba Fitness strength. NPD data shows that Majesco's Q2 U.S. retail sales tracked...

In a recent report, Oppenheimer has raised the EPS estimate on Giant Interactive (NYSE: GA) after 1Q11 results exceeded Oppenheimer's estimates. In the report, Oppenheimer said, "Operating expenses were significantly less than we expected across the board, leading to a 62% operating margin versus...

Wedbush Securities has raised the price target on Majesco Entertainment Company (NASDAQ: COOL) from $2.80 to $3.50 and maintains its Neutral rating.

Piper Jaffray has raised the price target on Giant Interactive (NYSE: GA) from $10 to $11 and maintains its Overweight rating.

Shares of Activision Blizzard (NASDAQ: ATVI) are trading higher in the after-hours trade following the release of the company's Q1 earnings results. Currently, shares are higher by 0.87%, trading at $11.63. They closed the regular session higher by 0.79%, at $11.53. The company reported Q1 EPS of...

CORRECTION: Activision (NASDAQ: ATVI) Reports Q1 EPS $0.13 vs. $0.08 and $0.09 Prior; Revenues $755M vs. $668M Est.

According to Goldman Sachs, Giant Interactive Group (NYSE: GA) will report 1Q11 results on May 12 after market close. Goldman Sachs said that it forecasts revenue growth of 7% qoq and 29% yoy, 3% above Bloomberg consensus, driven by ZT II (launched in 4Q10). “We forecast non-GAAP EPS to decline 8...

It looks like, Oil prices could drop as low as $90 a barrel later this month as the global economy slows and unrest in the Middle East eventually fades. Crude oil for June delivery rose $2.91 to $100.09 a barrel. Gold for June delivery rose $14.80 to $1,506.50 an ounce, and silver for July...

Sotheby's (NYSE: BID) is estimated to report its Q1 earnings at $0.04 per share on revenue of $119.45 million. Churchill Downs Inc (NASDAQ: CHDN) is estimated to post a Q1 loss at $0.32 per share on revenue of $126.65 million. Tyson Foods Inc (NYSE: TSN) is projected to report its Q2 EPS at $0....

Some of the stocks that may grab investor focus today are: Wall Street expects Tyson Foods Inc (NYSE: TSN) to report its Q2 EPS at $0.43 on revenue of $7.55 billion. TSN shares gained 0.58% to $19.00 in after-hours trading. Analysts are expecting AES Corp (NYSE: AES) to have earned $0.26 per...

American Superconductor Corporation (NASDAQ:AMSC) a power technology company offering a range of technologies and solutions spanning the electric power infrastructure from generation to delivery to end use is trading at a price of $12.25, a dramatic change of 0.88 with % change of 7.74 from its...

BMC Software, Inc. (NASDAQ:BMC) provides systems management, service management and automation solutions primarily for large enterprises is trading at a price of $51.26, a dramatic change of +2.19 with Change% 4.46 from its previous day's close. Currently, the company has a Market capitalization...