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Mattel and THQ Team Up - Analyst Blog
Thursday, January 6, 2011 - 5:33pm | 521Mattel Inc. (MAT) recently inked a licensing agreement with THQ Inc. (THQI) to develop video games based on its top brands including Barbie, Hot Wheels and Fisher-Price. Financial terms of the deal were undisclosed. The companies are targeting to release the new games by the next holiday season...
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Mattel and THQ Team Up - Analyst Blog
Thursday, January 6, 2011 - 5:02pm | 521Mattel Inc. (MAT) recently inked a licensing agreement with THQ Inc. (THQI) to develop video games based on its top brands including Barbie, Hot Wheels and Fisher-Price. Financial terms of the deal were undisclosed. The companies are targeting to release the new games by the next holiday season...
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Technologies To Dominate CES 2011 And How To Trade It
Wednesday, January 5, 2011 - 11:04am | 487CES 2011 is finally here, with the key note address set to kick off the event in just a few hours from Microsoft's (NASDAQ: MSFT) Steve Ballmer. Las Vegas is abuzz with excitement over what the dominant themes of the event will be. Obviously the new technology causing the most buzz is the tablet...
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Morning Market Movers (OPXA, XING, STLY, GLUU)
Wednesday, January 5, 2011 - 10:09am | 155Opexa Therapeutics Inc (NASDAQ: OPXA) shares surged 79.49% to $2.80 by 10:05 am. OPXA reported that its has successfully completed two separate meetings with the US Food and Drug Administration (FDA) regarding its multiple sclerosis pill study path. Qiao Xing Universal Resources Inc (NASDAQ: XING)...
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Benzinga's Top Pre-Market NASDAQ Gainers (GLUU, MVIS, ATHR, ARMH)
Wednesday, January 5, 2011 - 8:13am | 155Glu Mobile Inc (NASDAQ: GLUU) rose 12.17% to $2.49 in the pre-market session. GLUU reported a strategic partnership with NVIDIA at CES 2010. Microvision Inc (NASDAQ: MVIS) added 2.33% to $2.20 in the pre-market session. MVIS shares have dipped 36.20% over the past 52 weeks, while the S&P 500...
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THQ and Mattel Enter Multi-Year Alliance to Publish and Market Video Games
Wednesday, January 5, 2011 - 7:25am | 47THQ Inc. (NASDAQ: THQI) will open the vast toy chest of Mattel, Inc. (NASDAQ: MAT), to develop and publish video games under a new, multi-year alliance that both companies announced today.
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Brian Sozzi Raises Price Target On Take-Two (TTWO)
Tuesday, January 4, 2011 - 3:14pm | 168Brian Sozzi of Wall Street Strategies raised his price target on shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) to $14 from $13. Sozzi has a Buy rating on shares. In the research report, Sozzi writes, "We are reiterating our Buy recommendation on Take-Two Interactive (TTWO). The...
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Calendar Spreads: Timing the Market with Options
Wednesday, December 29, 2010 - 11:17am | 2116It's time to talk about the spread with three names and two personalities. Calendar spreads, a strategy constructed with a short shorter-term option and a long longer-term option with the same strike price (and the same underlying, both calls or puts), are also referred to as time spreads....
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Video Game Industry To Report Material Upside To December Quarter, Piper Jaffray Reports
Thursday, December 23, 2010 - 8:19am | 183Piper Jaffray expects video game publishers and retailers will report material upside to December quarter sales and earnings relative to consensus. “Management teams took advantage of modest investor expectations and provided exceptionally low guidance for the holiday quarter, in our opinion,”...
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EA and Valve Announce Retail Distribution Agreement
Wednesday, December 22, 2010 - 1:55pm | 30EA Partners, a division of Electronic Arts Inc. (NASDAQ: ERTS) today announced an agreement with Valve to distribute Portal 2 in retail channels.
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Federal Judge Certifies Class Action Lawsuit Against Electronic Arts
Wednesday, December 22, 2010 - 1:17pm | 114A federal judge certified a national class-action lawsuit against Electronic Arts, Inc. (NASDAQ: ERTS) based on allegations that video game consumers overpaid for popular sports titles including Madden NFL. The decision, ordered by U.S. District Court Judge Vaughn R. Walker on December 21, 2010,...
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Benzinga's Top Pre-Market NASDAQ Gainers (ATVI, ARNA, NVMI, ARMH)
Wednesday, December 22, 2010 - 8:23am | 190Activision Blizzard Inc (NASDAQ: ATVI) rose 5.97% to $12.96 in the pre-market session. ATVI is seeking damages worth $400 million from Electronic Arts Inc (NASDAQ: ERTS) in a complaint filed with California Superior Court associated to its "Call of Duty" video game franchise. Arena Pharmaceuticals...
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Activision Blizzard Trading 6% Higher On Lawsuit (ATVI)
Wednesday, December 22, 2010 - 7:56am | 325Activision Blizzard Inc. (NASDAQ: ATVI) the video game maker behind the smash-hit shooter "Call of Duty: Black Ops," on Tuesday added a new target in its lawsuit against two former executives: rival Electronic Arts Inc. Activision also put a price tag on its claim for the first time, seeking $400...
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James Altucher Says Giant Interactive Is The Cheapest Stock In China (GA)
Tuesday, December 21, 2010 - 3:40pm | 286James Altucher has written an article on Giant Interactive (NYSE: GA), and has called it the cheapest stock in China, based off financial metrics. Altucher is long GA and gives reasons why he thinks it's a double from here, and why he is long the stock. Altucher notes that the company has $860...
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Giant Interactive Skyrocketing (GA)
Tuesday, December 21, 2010 - 3:30pm | 63Shares of Giant Interactive Group Inc (NYSE: GA) just started popping, up almost 8% on heavy volume. There is no news on the stock, but the volume is coming in very heavy. It's traded more than 400,000 shares already, more than 130% of its daily average volume. Giant Interactive Group, Inc....