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Deutsche Bank Reiterates Electronic Arts Sell Rating, $13 PT (ERTS)
Wednesday, February 2, 2011 - 8:58am | 138Deutsche Bank reiterated its Electronic Arts (NASDAQ: ERTS) Sell rating and $13 price target in a research report published today. In the report, Deutsche Bank states, "We believe that EA sold in 10mn units of MoH/N4S in F3Q, whereas we estimate sell-through of 6mn, implying a healthy amount of...
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Benzinga's Top Upgrades (APC, PFE, ERTS, HLX)
Wednesday, February 2, 2011 - 8:30am | 145Anadarko Petroleum Corporation (NYSE: APC) was upgraded by Canaccord from "hold" to "buy." APC's shares closed at $78.54 yesterday. Anadarko Petroleum's trailing-twelve-month revenue is $10.61 billion. BMO Capital upgraded Pfizer Inc (NYSE: PFE) from "market perform" to "outperform.” PFE's shares...
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Benzinga's Top Pre-Market NASDAQ Gainers (ERTS, MGIC, APKT, NSTC)
Wednesday, February 2, 2011 - 8:16am | 134Electronic Arts Inc (NASDAQ: ERTS) rose 9.80% to $17.15 in the pre-market session. ERTS issued upbeat projections for its current quarter and also announced its plans to repurchase up to $600 million in company stock. Magic Software Enterprises Ltd (NASDAQ: MGIC) added 5.98% to $8.60 in the pre-...
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Sterne Agee Reiterates Electronic Arts Buy (ERTS)
Wednesday, February 2, 2011 - 7:54am | 180Sterne Agee reiterated its Electronic Arts (NASDAQ: ERTS) Buy rating in a research report published today. Sterne Agee has previously given Electronic Arts shares a $21 price target. In the report, Sterne Agee states, "EA reported in-line results. However, the mix of revenue was more favorable with...
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Deutsche Bank Raises PT On Electronic Arts To $13
Wednesday, February 2, 2011 - 7:45am | 27Deutsche Bank has raised the price target on Electronic Arts (NASDAQ: ERTS) from $12 to $13 and maintains its Sell rating.
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Piper Jaffray Upgrades Electronic Arts To Overweight, PT To $19.50
Wednesday, February 2, 2011 - 7:12am | 29Piper Jaffray has upgraded Electronic Arts, Inc. (NASDAQ: ERTS) from Neutral to Overweight and has raised the price target from $16 to $19.50.
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US Stock Futures Up As Investors Await Earnings Reports
Wednesday, February 2, 2011 - 6:43am | 464US stock futures are higher this morning, after strong rise in the Dow Industrials in the previous session. Investors are awaiting another round of earnings reports. Futures for the Dow Jones Industrial Average gained 23 points to 11,996.00, while those for the S&P 500 index rose 1.7 points to...
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Stocks To Watch For February 2 (YUM, ERTS, MAT, TWC, NAVI, V)
Wednesday, February 2, 2011 - 3:44am | 260Some of the stocks that may grab investor focus today are: Wall Street expects Yum! Brands Inc (NYSE: YUM) to report its Q4 EPS at $0.60 on revenue of $3.50 billion. YUM shares gained 0.91% to $47.85 in after-hours trading. Electronic Arts Inc (NASDAQ: ERTS) reported a FQ3 loss of $322 million, or...
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3 Stock Picks for Wednesday, February 02
Tuesday, February 1, 2011 - 4:40pm | 2296( click to enlarge ) InterDigital, Inc. (NASDAQ:IDCC) was very strong on today, as the stock closed up $1.84 on 1.3 x the normal daily volume. This is a good move for IDCC, and could be the start of a breakout move. Resistance is $51.03, which was January's high. I'm watching the stock for...
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Electronic Arts Reports Mixed Quarter
Tuesday, February 1, 2011 - 4:20pm | 146Electronic Arts Inc. (NASDAQ: ERTS) just reported third quarter earnings, and it was a mixed report. Earnings came in better than expected, coming in at 59 cents per share, 2 cents better than estimates. Revenues were a little light, coming in at $1.41 billion. Wall Street was expecting $1.44...
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Electronic Arts Announces $600M Buyback
Tuesday, February 1, 2011 - 4:03pm | 36EA (NASDAQ: ERTS) has announced that its Board of Directors has authorized a program to repurchase up to $600 million of EA's common stock over the next eighteen months.
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Electronic Arts Inc. Reports Q3 EPS of $.59 vs. $.57; Revenues $1.41B vs. $1.44B
Tuesday, February 1, 2011 - 4:02pm | 48Electronic Arts Inc. (NASDAQ: ERTS) today announced preliminary financial results for its third fiscal quarter ended December 31, 2010. Non-GAAP net revenue was $1,410 million, consistent with guidance of $1,375 million to $1,500 million. Non-GAAP EPS were $0.59, at the high end of guidance of $0....
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It's In The Game! Previewing Electronic Arts Earnings (ERTS)
Tuesday, February 1, 2011 - 3:38pm | 168Electronic Arts (NASDAQ: ERTS) is set to report earnings tonight after the bell. Wall Street analysts are looking for earnings of 57 cents per share, up 33 cents per share from last year. Revenue is expected to rise to $1.44 billion for this quarter, up from $1.35 billion. At last check, shares of...
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US Stock Futures Up As Investors Await Economic Data, Earnings Reports; Pfizer Results In Focus
Tuesday, February 1, 2011 - 6:46am | 386US stock futures are higher this morning, as investors are awaiting earnings from Pfizer Inc (NYSE: PFE) and other major companies. Futures on the Dow Jones Industrial Average advanced 43 points to 11,883.00 and S&P 500 futures gained 6.60 points to 1,289.00. Nasdaq 100 futures climbed 14.50...
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Earnings Scheduled For February 1 (UPS, PFE, BIIB, ADM, COV, CE, MHP, LXK, BRCM, AFL, ERTS, BSX, WU)
Tuesday, February 1, 2011 - 3:20am | 337United Parcel Service Inc (NYSE: UPS) is expected to report its Q4 earnings at $1.05 per share on revenue of $13.41 billion. Pfizer (NYSE: PFE) is projected to report its Q4 EPS at $0.46 on revenue of $16.99 billion. Biogen Idec (NASDAQ: BIIB) is estimated to report its Q4 earnings at $1.23 per...