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Analysts at Roth Capital downgrade Shanda Interactive Entertainment Ltd (NASDAQ: SNDA) from "neutral" to "sell." The target price for SNDA has been reduced from $38 to $30. SNDA's shares lost 1.73% to close at $39.80 yesterday. More Analyst Ratings here

Miller Barondess, LLP filed a $20 million lawsuit on behalf of Axl Rose and legendary rock band Guns N' Roses against the video game maker Activision Blizzard, Inc, (NASDAQ: ATVI) arising from Activision's use of the Guns ‘N Roses song, “Welcome to the Jungle,” in the video game Guitar Hero III.

Cusick's Corner As I said yesterday, I want to breakdown some strategies that are worth looking at when you have a grasp of trend and volatility sentiment. Let's look at this example -- you are bullish (trend up) and feel that implied volatility is low. Strategically there are three strategies...

Rockstar Games, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), today announced that the Red Dead Redemption Undead Nightmare* standalone playable disc is now available at retailers in North America for the Xbox 360® video game and entertainment system from Microsoft and...

Thq Inc. (NASDAQ: THQI) is moving sharply higher this afternoon, gaining almost 11% on heavy volume, as the stock breaks out on heavy volume. At last check, shares of THQI were up 51 cents to $5.30 on nearly 2 million shares. THQ Inc. engages in developing, publishing, and distributing interactive...

Below are the top multimedia & graphic software stocks on the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Renaissance Learning Inc (NASDAQ: RLRN) is 222.68%. RLRN's quarterly earnings surged 19.60% y/y. The trailing-twelve-month return on equity at Shanda...

Activision Publishing, Inc. (Nasdaq: ATVI) announced today that Treyarch's Call of Duty: Black Ops has shattered theatrical box office, book and video game sales records for five-day worldwide sell through in dollars. The game established an all-new five-day worldwide sell-through record of more...

NEW YORK (TheStreet) -- In a market where apps help make the smartphone, mobile developers are holding off on building applications for Microsoft's (Nasdaq: MSFT) Windows Phone 7 platform until they see that it will sell. Windows Phone 7, which hit stores last week, is playing catch-up in the...

Shares of Activision Blizzard (NASDAQ: ATVI) are higher on the session by 0.70%, trading at $11.56. Overall call volume is now running at 2.51x the daily average, with 61% of all calls traded being purchases on the offer. 12,546 contracts have traded on the session so far. Activision Blizzard, Inc...

Jefferies & Company is out with its Daily Gaming Digest this morning, where it takes a look at trends in the Gaming Industry and what it means for stocks in its coverage space. The analysts cited their visit to the 2010 Global Gaming Expo, which kicked off with booth tours and various...

Citi published its research report on Giant Interactive Group (NYSE: GA) following 3Q10 results. Citi writes, "Total net revs of US$50.6m (+17% YoY and +5% QoQ), compared to Citi's/Street's US$49.6m/US$50.9m, respectively. GAAP net income came in at US$30.9m or US$0.13/share, largely inline with...

This morning, Piper Jaffray said that it maintains its Overweight rating on Giant Interactive Group (NYSE: GA) and raised its PT from $8.50 to $9 (8.7x CY11E EPS plus cash) on higher cash balance. “GA's games displayed solid QoQ growth, with APA and ARPU rising 4.3% and 1%, respectively, to 1.497M...

Giant Interactive's (NYSE: GA) GAAP EPS of US$0.13, was inline with Street estimate while Non-GAAP EPADS of US$0.14, came in one cent better than Citi's and Street's estimate. Giant reported a relatively inline-ish 3Q10 result with total revs growing 17% YoY and 5% QoQ mainly driven by 4% QoQ...

Deutsche Bank has published its Interactive Entertainment report today and they highlight Activision/Blizzard (NASDAQ: ATVI) and Electronic Arts (NASDAQ: ERTS). DB has maintained its Buy rating and $15 price target on ATVI. DB has maintained its Sell rating and $12 price target on ERTS. DB writes...