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Analysts at Goldman initiate coverage of Activision Blizzard Inc (NASDAQ: ATVI) with a “buy” rating. The target price for ATVI is set to $13. ATVI shares gained 0.70% to close at $11.21 yesterday. More Analyst Ratings here

( click to enlarge ) Parker Drilling Company (NYSE:PKD) continues to push higher and still looks like it has more to go. PKD's earnings are not happening until May 4, so it's got plenty of time to move heading towards that report. The stock got a nice bounce today off of the support of its 20-...

The latest chapter in Electronic Arts' (NASDAQ: ERTS) successful golf series, Tiger Woods PGA Tour 12: The Masters, has sold approximately 225,000 units in its first week, outperforming the previous week-one sales record (set by Tiger Woods PGA Tour 2007) by 17% in North America. Electronic Arts...

For the past decade, the top gaming companies like Electronic Arts (Public, NASDAQ: ERTS) and Activision Blizzard (Public, NASDAQ: ATVI) operated on a very predictable formula.  Ride their top gaming franchises, make small incremental improvements each year, and watch the profits roll in.  For...

Piper Jaffray has released a report focusing on the state of the video game industry and NPD video game software data to be released next Thurday, April 14th. The firm remains Neutral on the sector overall for game publishers and retailers and highlight five stocks in the report. Piper Jaffray...

Renaissance Learning (Nasdaq: RLRN) announced today that it has begun the development of an application to enable AR quizzing on mobile devices. Because of the expanding use of mobile devices in the K-12 market, the application will enable students to take AR quizzes on some of today's most popular...

Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) are higher on the session by 2.46%, trading at $11.24. Overall call volume is now running at 3.04x the daily average, with 55% of all calls traded being purchases on the offer. 5,275 contracts have traded on the session so far. Activision...

Electronic Arts (NASDAQ: ERTS) announced today that an all-new digital download of EA SPORTS™ NBA JAM will be available in October. NBA JAM: On Fire Edition is being developed for the PlayStation®3 computer entertainment system and Xbox 360® videogame and entertainment system, and it will be...

The market was quiet for most of the morning but has just recently begun to come under some selling pressure. All three major indices are now sitting in negative territory. The current top 5% gainers and losers in the market are:   Best 1) McCormick & Schmick's Seafood Restaurants (NASDAQ:...

After opening slightly to the upside, the major indices have been meandering around neutral territory for most of the day. Traders are seemingly unsure as they assess the continuing rise in oil and commodities and evaluate the potential impact on the economy. Here are the five best/worst performers...

By 10:48 am, the Dow Jones Industrial Average was up 12.45 points, or 0.10%, to 12,389.17, while the broader Standard & Poor's 500 index had gained 0.55 point, or 0.04%. The NASDAQ composite index rose 1.06 points, or 0.04%. Some of the narrow based indexes that are supporting the markets are...

Ku6 Media Co., Ltd., (Nasdaq: KUTV) announced today that it agreed to issue to Shanda Interactive Entertainment Limited (Nasdaq: SNDA) ordinary shares and convertible bonds in an aggregate amount of $100,000,000.

Goldman Sachs has issued an update on Perfect World Co (NASDAQ: PWRD). According to the report, "Perfect World announced it plans to start another round of testing of its inhouse developed 2D martial arts MMORPG Heaven Sword and Dragon Saber on March 30. Meanwhile, we see minimal impact of the...

Cephalon Inc (NASDAQ: CEPH) shares surged 31.06% to $77 in the pre-market session. Valeant Pharmaceuticals International (NYSE: VRX) made an unsolicited $5.7 billion offer to purchase Cephalon. Star Scientific Inc (NASDAQ: CIGX) shares advanced 5.34% to $4.14 in the pre-market session. CIGX shares...

Shares of Perfect World Co., Ltd. (NASDAQ: PWRD) are lower on the session by 1.81%, trading at $20.57. Overall call volume is now running at 2.01x the daily average, with 85% of all calls traded being purchases on the offer. 1,077 contracts have traded on the session so far. Perfect World Co.,...