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Activision Beats, Raises Outlook - Analyst Blog
Thursday, November 11, 2010 - 9:36am | 985Activision Blizzard Inc. (ATVI) reported strong third quarter 2010 results, beating the Zacks Consensus Estimate by 3 cents. Earnings, including stock based compensation and excluding one-time items, were 10 cents per share, up from 2 cents reported in the prior-year quarter. This was well...
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Call of Duty: Black Ops Opening Day Sales Approximately $360 Million in North America and UK
Thursday, November 11, 2010 - 9:20am | 78Activision Publishing, Inc. (Nasdaq: ATVI) announced that Treyarch's Call of Duty®: Black Ops has become the biggest entertainment launch ever with an estimated sell-through of approximately $360 million in North America and the United Kingdom alone in the first 24 hours of its release, as compared...
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Will Call of Duty: Black Ops Give the Competition a Black Eye?
Wednesday, November 10, 2010 - 3:13pm | 234By now, you've heard the monumental sales predictions. Wedbush Morgan analyst Michael Pachter recently said that, in addition to becoming the best-selling game of the year, he expects Activision Blizzard, Inc.'s (NASDAQ: ATVI) Call of Duty: Black Ops to sell 15 million units. His prediction might...
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A Peek Into The Market Before The Trading Starts
Wednesday, November 10, 2010 - 7:34am | 527Pre-open movers US stock futures moved up slightly, as investors are awaiting many US economic reports, comprising weekly jobless claims. Futures on the Dow Jones Industrial Average gained 3 points to 11,316.00, while S&P 500 futures rose 0.10 point to 1,211.00. Nasdaq 100 futures moved up 1.50...
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Oppenheimer Has Outperform On Perfect World (PWRD)
Wednesday, November 10, 2010 - 7:04am | 158Oppenheimer & Co. has an Outperform rating and a $34 price target on Perfect World Co., Ltd. (NASDAQ: PWRD). It previews PWRD's earnings in a research report. In a note to clients, Oppenheimer writes, "PWRD will host its 3Q earnings on 11/15 at 8pm EST. We expect 3Q gaming revenues to increase...
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MKM Says Buy Activision Blizzard (ATVI)
Friday, November 5, 2010 - 6:16am | 155MKM Partners has a $15 price target and a Buy rating on Activision Blizzard, Inc. (NASDAQ: ATVI) after it reported earnings after the bell yesterday. In a note to clients, MKM writes, "We continue to view Activision as the best-in-class video games publisher following a better than expected 3Q10...
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Deutsche Bank Has Buy On Activision-Blizzard (ATVI)
Friday, November 5, 2010 - 6:00am | 138Deutsche Bank has a Buy rating and a $15 price target on Activision Blizzard, Inc. (NASDAQ: ATVI), after it reported earnings after the bell yesterday. In a note to clients, Deutsche Bank writes, "We reiterate our BUY investment rating on shares of A|B and maintain our $15 price target. We think...
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Activision Earnings Beat Estimates (ATVI)
Thursday, November 4, 2010 - 3:21pm | 67Activision Blizzard (NASDAQ: ATVI) released its third quarter earnings results on Thursday after the closing bell. The company reported EPS of $0.12 compared to Wall Street estimates of $0.09. Non-GAAP revenues were $857 million versus analysts' consensus estimates of $750 million. For Q4, the...
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Activision Beats Due To Call Of Duty (ATVI)
Thursday, November 4, 2010 - 3:10pm | 131Activision Blizzard, Inc. (ATVI) reports Q3 earnings of $0.12 versus consensus of $0.09. Activision Blizzard, Inc. reports revenues of $745 million versus consensus of $750.00 million. Robert Kotick, CEO of Activision Blizzard, stated, "For the third quarter, we exceeded our net revenues and...
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Activision Blizzard Announces Third Quarter EPS of $.08
Thursday, November 4, 2010 - 3:09pm | 109Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected financial results for the third quarter of 2010. For the quarter ended September 30, 2010, Activision Blizzard's GAAP net revenues were $745 million, as compared to its prior third-quarter outlook of $600 million. On a...
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EA Beats, Reaffirms Guidance - Analyst Blog
Thursday, November 4, 2010 - 2:33pm | 1090Electronic Arts (ERTS) reported second quarter 2011 results and reaffirmed its fiscal 2011 guidance. Loss per share narrowed down to 2 cents as compared with a guidance of 10 cents to 15 cents, primarily driven by strict cost control and higher gross margins. Loss per share, which includes...
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Zacks Analyst Blog Highlights: Clorox, Electronic Arts, Apple, Activision Blizzard and Take-Two Interactive. - Press Releases
Thursday, November 4, 2010 - 12:54pm | 3327For Immediate Release Chicago, IL – November 4, 2010 – Zacks.com Analyst Blog features: The Clorox Co. (NYSE: CLX), Electronic Arts (Nasdaq: ERTS Apple Inc. (Nasdaq: AAPL), Activision Blizzard Inc. (Nasdaq: ATVI) and Take-Two Interactive Software, Inc (Nasdaq: TTWO).), Get the most recent...
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EA SPORTS FIFA Soccer Franchise Sales Top 100 Million Units
Thursday, November 4, 2010 - 12:25pm | 88Electronic Arts Inc. (NASDAQ: ERTS) today announced that sales of its EA SPORTS FIFA Soccer franchise surpassed 100 million units lifetime* during the launch of FIFA Soccer 11. The best-selling sports videogame franchise in the world, now in its 18th year, sold a record-breaking 2.6 million copies...
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Zings Of The Day (ERTS, GOOG)
Thursday, November 4, 2010 - 7:47am | 127My apologies, Zings of the day yesterday was not posted. Google (NASDAQ: GOOG) apologized for Google Buzz, as it had a multitude of privacy concerns. Google really loves that Don't be Evil motto, don't they? Electronic Arts (NASDAQ: ERTS) and Facebook have teamed up to sell Facebook Credits on EA'...
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Earnings Scheduled For November 4 (KFT, SBUX, FLR, TWC, CBS, PCS, ATVI, RDEN, LIZ, PCG, AGO, DTV, CROX)
Thursday, November 4, 2010 - 2:52am | 286Kraft Foods (NYSE: KFT) is forecast to report its Q3 earnings at $0.45 per share. Starbucks (NASDAQ: SBUX) is estimated to report its Q4 EPS at $0.32. Fluor Corp (NYSE: FLR) may report Q3 loss at $0.26 per share. Time Warner Cable Inc (NYSE: TWC) is expected to report its Q3 earnings at $0.88 per...