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UPDATE: Wedbush Lowers PT on Take-Two Interactive Software from $20 to $19
Tuesday, August 9, 2011 - 7:39am | 138WedBush has published a report on Take-Two Interactive Software (NASDAQ: TTWO) lowering the price target. In the report, Wedbush wrote, "Commitment to producing high quality games should translate into consistent profits. Of the major publishers, Take-Two has had the fewest “misses” in terms of...
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Piper Jaffray Lowers PT On Take-Two Interactive To $12
Tuesday, August 9, 2011 - 7:14am | 27Piper Jaffray has lowered the price target on Take-Two Interactive (NASDAQ: TTWO) from $17 to $12 and maintains its Neutral rating.
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Wedbush Lowers PT On Take-Two Interactive Software To $19
Tuesday, August 9, 2011 - 6:36am | 28Wedbush Securities has lowered the price target on Take-Two Interactive Software (NASDAQ: TTWO) from $20 to $19 and maintains its Outperform rating.
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US Stock Futures Mixed; All Eyes On Fed Statement
Tuesday, August 9, 2011 - 4:19am | 531US stock futures are mixed this morning, as investors are awaiting the Federal Reserve's statement on monetary policy. Futures for the Dow Jones Industrial Average dipped 13 points to 10,713.00 and S&P 500 index futures rose 0.50 points to 1,111.80. Nasdaq 100 futures gained 2.50 points to 2,...
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Stocks To Watch For August 9
Tuesday, August 9, 2011 - 1:54am | 276Some of the stocks that may grab investor focus today are: Wall Street expects Walt Disney Company (The) (NYSE: DIS) to report its FQ3 EPS at $0.73 on revenue of $10.45 billion. DIS shares fell 0.48% to $32.87 in after-hours trading. Take-Two Interactive Software Inc (NASDAQ: TTWO) reported a FQ1...
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Giant Interactive Group Appoints New CFO
Monday, August 8, 2011 - 3:15pm | 42Giant Interactive Group Inc. (NYSE: GA) today announced the appointment of Jazy Zhang as chief financial officer effective August 9, 2011. Ms. Zhang replaces Eric He, who has decided to leave Giant to pursue other opportunities.
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Tech Stocks Tank on Economic Crisis, S&P Downgrade
Monday, August 8, 2011 - 2:37pm | 831I'll bet Facebook and Zynga are glad they haven't gone public yet. LinkedIn (NYSE: LNKD) is among the many tech companies taking significant losses following today's unparalleled crisis. As of this writing, the popular social networking has been hit by an 18% decline. Granted, LinkedIn was...
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Puts Purchased on Take-Two Interactive Software
Monday, August 8, 2011 - 10:45am | 128Shares of Take-Two Interactive Software (NASDAQ: TTWO) are lower on the session by 6.51%, currently trading at $11.35. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A...
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Perfect World Provides Update on Share Repurchase Program
Monday, August 8, 2011 - 7:24am | 95Perfect World Co., Ltd. (NASDAQ: PWRD) today announced that, as of August 7, 2011, the Company had repurchased an aggregate of 1,348,849 American Depositary Shares on the open market under the ADS repurchase program to repurchase up to USD100 million of the Company's ADS from March 2011 to March...
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If the "A" in Apple stands for "Awesome," What does the "S" in Sony stand for?
Friday, August 5, 2011 - 11:45am | 908I'll give you a hint. It rhymes with cupid. Sony (NYSE: SNE) has not been having a good year. From quarterly losses to major hackings, the once-powerful electronics manufacturer is taking a beating in virtually every area in which it conducts business. Now, several months after toying with the...
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Electronic Arts Names New COO
Friday, August 5, 2011 - 8:57am | 398The head of EA Sports is set to take on the whole company as its chief operating officer. The Associated Press reports that Peter Moore will take on his new position starting Monday, August 8. Moore replaces John Schappert, who left Electronic Arts (NASDAQ: ERTS) for a position at Zynga....
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Sterne Agee Raises Estimates On Activision Blizzard
Thursday, August 4, 2011 - 7:44am | 54According to Sterne Agee, Activision Blizzard (NASDAQ: ATVI) estimates are raised. Sterne Agee said that ATVI handily beat 2Q consensus estimates and also raised full-year guidance. “We are raising our CY11/CY12 EPS estimates by $0.04/$0.03 to $0.79/$0.87, respectively. Reiterating Buy and $15...
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UPDATE: Bank of America Raises PT from $13.00 to $13.50 on Activision Blizzard
Thursday, August 4, 2011 - 5:55am | 129Bank of America has published a report on Activision Blizzard (NASDAQ: ATVI) reviewing the second quarter for the game developer, and raising the price target to $13.50. In the report, Bank of America wrote, "Call of Duty is the franchise gift that keeps on giving and digital revenues, driven by...
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US Stock Futures Down As Investors Await Jobless Claims Data, GM Earnings
Thursday, August 4, 2011 - 5:17am | 460US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM) and weekly jobless claims data. Futures for the Dow Jones Industrial Average dipped 44 points to 11,774.00 and S&P 500 index futures fell 5.20 points to 1,249.30. Nasdaq 100 futures...
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Stocks To Watch For August 4
Thursday, August 4, 2011 - 2:08am | 233Some of the stocks that may grab investor focus today are: Wall Street expects General Motors Company (NYSE: GM) to report its Q2 EPS at $1.20 on revenue of $36.71 billion. GM shares surged 1.21% to $27.50 in after-hours trading. Zumiez Inc (NASDAQ: ZUMZ) reported a 4.9% rise in its July sales at...