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THQ Reports Fiscal 2011 Second Quarter EPS of $(0.69)
Wednesday, November 3, 2010 - 3:49pm | 139THQ Inc. (NASDAQ: THQI) today reported financial results for the fiscal 2011 second quarter ended September 30, 2010, in line with the company's guidance. For the fiscal second quarter ended September 30, 2010, THQ reported net sales of $77.1 million, compared with $101.3 million in the prior-year...
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MakeMusic, Inc. Reports 2010 Third Quarter Results: EPS of $0.07
Wednesday, November 3, 2010 - 3:26pm | 135MakeMusic, Inc. (NASDAQ: MMUS) today announced financial results for the three months and nine months ended September 30, 2010. Net revenues for the three and nine months ended September 30, 2010 were $4,529,000 and $12,306,000, a 4% and 6% increase, respectively, compared to $4,346,000 and $11,661...
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THQ Reports Wider Than Expected Loss (THQI)
Wednesday, November 3, 2010 - 3:19pm | 30THQ Inc. (NASDAQ: THQI) reports Q3 earnings of $0.69 versus consensus of $0.61 loss. THQ Inc. reports revenues of $77.1 million versus consensus of $66.96 million.
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Despite Being Above Consensus, Electronic Arts Only Maintained FY11 Guidance
Wednesday, November 3, 2010 - 7:00am | 100Electronic Arts (NASDAQ: ERTS) reported September quarter earnings results well above consensus, but only maintained its FY11 annual guidance, Piper Jaffray reports. “FIFA 11 sold over 8M units and was up 20% Y/Y,” Piper Jaffray writes. “Segment share is at 25% YTD; EA's portfolio continues to...
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US Stock Futures Signals Flat Start On Wall Street, Federal Reserve Decision In Focus
Wednesday, November 3, 2010 - 6:00am | 352US stock futures moved up slightly after the mid-term elections. The investors are also awaiting the decision of Federal Reserve. Futures for the Dow Jones Industrial Average rose 11 points to 11,163 and those for the S&P 500 index gained 1 point to 1,193.70. Futures for the Nasdaq 100 index...
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Stocks To Watch For November 3 (ERTS, TWX, WFMI, HTZ, NWS)
Wednesday, November 3, 2010 - 2:49am | 207Some of the stocks that may grab the investor focus today are: Electronic Arts Inc (NASDAQ: ERTS) posted a net loss of $0.61 per share, versus a loss of $1.21 per share, in the year-ago period. On an adjusted basis, ERTS would have earned $0.10 per share. The company's revenue dropped 23% y/y to $...
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Electronic Arts Falling After Earnings (ERTS)
Tuesday, November 2, 2010 - 3:55pm | 109Video game publisher Electronic Arts (NASDAQ: ERTS) reported fiscal second-quarter earnings results after the closing bell on Tuesday. The company reported a net loss of $201 million, or $0.61 per share, compared to a loss of $391 million or $1.21 per share, in the year ago period. On a non-GAAP...
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Glu Reports Third Quarter 2010 EPS of $(0.04)
Tuesday, November 2, 2010 - 3:24pm | 126Glu Mobile Inc. (NASDAQ: GLUU) today announced financial results for its third quarter ended September 30, 2010. For the quarter ended September 30, 2010, Glu reported revenues of $15.5 million compared to $19.6 million in the third quarter of 2009. GAAP loss from operations and net loss were $(1....
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Electronic Arts Beats Guidance (ERTS)
Tuesday, November 2, 2010 - 3:10pm | 30Electronic Arts Inc. (ERTS) reports Q3 earnings of $0.10 versus consensus of $0.10 loss. Electronic Arts Inc. reports revenues of $884 million versus consensus of $814.61 million.
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Electronic Arts Reports Q2 FY11 EPS of $.10
Tuesday, November 2, 2010 - 3:07pm | 89Electronic Arts Inc. (NASDAQ: ERTS) today announced preliminary financial results for its second fiscal quarter ended September 30, 2010. Non-GAAP net revenue of $884 million exceeded guidance of $775 million to $825 million. Non-GAAP EPS of $0.10 exceeded guidance of ($0.15) to ($0.10). As...
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OEX Put/Call Ratio Spiked in Morning 11-02-2010
Tuesday, November 2, 2010 - 2:24pm | 889Cusick's Corner The market will be watching the early polls, but I do not anticipate much action before the final exit polls start rolling in tonight. One interesting sentiment piece, the OEX Put/Call ratio (OEX is an index at the CBOE that tracks the S&P 100) spiked to 1.44. This is...
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Stock Market News for November 2, 2010 - Market News
Tuesday, November 2, 2010 - 9:30am | 1077Stocks had a mixed finish on Monday as investors avoided taking chances ahead of this week's Federal Reserve meeting and the mid-term elections. A surprise jump in October manufacturing activities in China and the U.S. gave stocks some initial boost but the rally faded as investors, already...
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Roth Capital Downgrades PWRD To Neutral
Tuesday, November 2, 2010 - 6:18am | 52Analysts at Roth Capital downgrade Perfect World Co Ltd (NASDAQ: PWRD) from "buy" to "neutral." The target price for PWRD has been raised from $30 to $33. PWRD's shares gained 1.60% to close at $32.92 yesterday. More Analyst Ratings here
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Deutsche Bank's Interactive Entertainment Report
Tuesday, November 2, 2010 - 6:05am | 143Deutsche Bank has published a research report on Interactive Entertainment and maintains its current ratings and target prices. In the report, Deutsche Bank writes "We expect both Activision|Blizzard and Electronic Arts to report Sept quarter results ahead of expectations. For Activision-Blizzard,...
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Take-Two Interactive Software, Inc. CEO to Step Down
Friday, October 29, 2010 - 7:01am | 109Take-Two Interactive Software, Inc. (NASDAQ: TTWO) announced today that its Chief Executive Officer, Ben Feder, has decided to step down in order to pursue plans to travel in Asia with his family for an extended period. He remains a partner in ZelnickMedia. Strauss Zelnick, Take-Two's Executive...