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THQ Skyrockets After CEO Comments
Wednesday, September 22, 2010 - 2:38pm | 80Shares of THQ Inc. (NASDAQ: THQI) are very strong today, gaining more than 9% after the video game maker was more upbeat than analysts expected at a Goldman Sachs investor's conference. CEO Brian Farrell spoke highly of upcoming titles like "Homefront" and "Red Faction: Armageddon". He also said...
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Goldman Sachs Global Internet Notables
Tuesday, September 21, 2010 - 8:19am | 101Goldman Sachs reported the Internet average increase 4.3% week over week, outperforming the Nasdaw, up 3.1%, and the S&P 500, up 1.9% Year to Date, the internet is up 10.7% SINA Corporation (Nasdaq: SINA) BUY Shanda Interactive (Nasdaq: SNDA) NUETRAL Google (Nasdaq: GOOG) BUY Expedia (Nasdaq:...
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Bearish MACD for Perfect World - Tale of the Tape
Friday, September 17, 2010 - 10:06am | 116Perfect World Co Ltd.(PWRD) MACD indicator has moved into bearish territory with a reading of -0.0082. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $24.71 in morning trade. The Zacks Consensus Estimate on the company's earnings for the year ending 2010 has decreased by 56 cents...
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Majesco Entertainment Company Reports Third Quarter Fiscal 2010 Financial Results
Tuesday, September 14, 2010 - 3:16pm | 179Majesco Entertainment Company (Nasdaq: COOL), an innovative provider of video games for the mass market, today reported financial results for the third quarter ended July 31, 2010. For the third quarter ended July 31, 2010, Majesco's net revenues decreased 29 percent to $12.2 million versus $17.2...
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Wells Fargo Lowering Earnings On THQ (THQI)
Tuesday, September 14, 2010 - 8:42am | 162Wells Fargo Securities is lowering its earnings estimates on THQ Inc. (NASDAQ: THQI), after the company lowered its own earnings outlook yesterday after the bell. It is reiterating its Market Perform, and $5-$6 price target on THQ. In the research note, Wells Fargo writes, "F2011 outlook lowered...
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Benzinga's Top Pre-Market NASDAQ Losers (ARMH, NUVA, ARNA, THQI)
Tuesday, September 14, 2010 - 8:26am | 146ARM Holdings Plc (NASDAQ: ARMH) dipped 5.33% to $17.77 in the pre-market session. ARMH's shares have gained 176.03% over the past 52 weeks, while the S&P500 index has just gained 6.91% in the same period. NuVasive Inc (NASDAQ: NUVA) lost 4.94% to $30.00 in the pre-market session. NUVA has...
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Earnings Scheduled For September 14 (KR, BBY, PLL, CHP, KOOLD, WNI, CBRL, COOL, MDZ)
Tuesday, September 14, 2010 - 4:58am | 242Kroger (NYSE: KR) is likely to earn $0.36 per share on revenue of $18.73 billion in the second quarter. Best Buy Co Inc (NYSE: BBY) is expected to post its Q2 EPS of $0.44 on $11.65 billion in revenue. Pall Corp (NYSE: PLL) may post its FQ4 profit of $0.64 per share on revenue of $671.02 million. C...
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Closing out of a General Mills (GIS) call trade?
Monday, September 13, 2010 - 9:00am | 1323Every trading day, the OptionsHouse Hotlist scans for unusual activity across the options-trading universe. The Hotlist is available for all OptionsHouse customers, including those with virtual trading accounts. Hitting the Hotlist on Friday was cereal giant General Mills (NYSE:GIS). The stock saw...
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Video Game Sales Decline in August - Analyst Blog
Friday, September 10, 2010 - 3:03pm | 847Following flat sales in the month of July, video game sales plunged in August, according to market research firm NPD Group. NPD does not include sales from PC games in its monthly game sales data. Overall US revenues decreased 10.0% year over year to $818.9 million, in sync with analysts’...
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Video Game Sales Hit Lowest Level Since 2006
Friday, September 10, 2010 - 10:18am | 127August video games fell to their lowest level in four years. The belief that sales had begun to recover, based on numbers from late spring and early summer, has proved to be wrong. U.S. video game sales dropped 10% to $1.6 billion compared with August of 2009, according to NPD Group. Microsoft (...
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Volume is the cause, price is the effect
Friday, September 10, 2010 - 10:07am | 2004There has been a lot of chatter recently about trading volume (or lack thereof). Specifically, the popular topic of discussion has been how particularly abysmal volume was during the month of August. While seasonal volume trends are important and can have an effect on prices as well as price...
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Zacks Analyst Blog Highlights: Electronic Arts, Dolby Laboratories, Activison Blizzard, Take-Two Interactive Software and BB&T - Press Releases
Wednesday, September 8, 2010 - 7:03am | 1601For Immediate Release Chicago, IL – September 8, 2010 – Zacks.com Analyst Blog features: Electronic Arts (ERTS), Dolby Laboratories Inc. (DLB), Activison Blizzard (ATVI), Take-Two Interactive Software Inc. (TTWO) and BB&T Corp. (BBT ). Get the most recent insight from Zacks Equity Research with...
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Teradata Partners Electronic Arts - Analyst Blog
Tuesday, September 7, 2010 - 3:36pm | 1180A leading provider of Enterprise Data Warehousing (EDW) solutions, Teradata Corp. (TDC) announced a two year partnership with Electronic Arts Inc. (ERTS), a premier video game developer and publisher. Under the agreement, Electronic Arts will deploy Teradata’s complete Managed Services support,...
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Majesco Entertainment Schedules Fiscal Q3 2010 Earnings Release
Tuesday, September 7, 2010 - 3:25pm | 79Majesco Entertainment Company (Nasdaq: COOL), an innovative provider of video games for the mass market, will announce financial results for its fiscal third quarter ended July 31, 2010 on Tuesday, September 14, 2010 after U.S. market close. Senior management will host a conference call to discuss...
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EA Adds New Technology - Analyst Blog
Tuesday, September 7, 2010 - 2:36pm | 2852A leading developer and publisher of video games, Electronic Arts (ERTS) studio –Black Box is adding Dolby Laboratories Inc.’s (DLB) Dolby Axon voice chat technology to its hugely popular multiplayer online (MMO) racing action game – Need for Speed World. Dolby Laboratories is a leading...