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Growth Profile of GA Intact
Tuesday, August 10, 2010 - 10:46am | 139Analysts at Citigroup maintain their "hold" rating on Giant Interactive Group (NYSE: GA). The target price for GA has been reduced from $8 to $7.80. Citigroup says, “Giant reported 2Q10 results below Street expectations but in-line with our numbers mainly due to more stable growth of monetization...
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Piper Jaffray Reiterates Neutral on THQ Inc. (THQI)
Tuesday, August 10, 2010 - 9:46am | 158Piper Jaffray is out with a research report this morning, where it reiterates its Neutral rating on THQ Inc. (NASDAQ: THQI); it has a $5.00 price target on the name. The PJ analysts cited the company’s recent earnings report, which was in-line with its lowered mid-quarter update. Primary drivers...
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Zacks Analyst Blog Highlights: American International, Consolidated Edison, Activision Blizzard, Microsoft and Sony - Press Releases
Monday, August 9, 2010 - 4:53pm | 1683For Immediate Release Chicago, IL – August 09, 2010 – Zacks.com Analyst Blog features: American International Group Inc. (AIG), Consolidated Edison Inc. (ED), Activision Blizzard Inc. (ATVI) Microsoft Corp. (MSFT) and Sony Corp. (SNE ). Here are highlights from Friday’s Analyst Blog: AIG Surpasses...
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Giant Interactive Earnings Largely In-Line (GA)
Monday, August 9, 2010 - 3:53pm | 169Giant Interactive Group, Inc. (NYSE: GA) reports Q2 EPS of $0.12 versus estimates of $0.12. Giant Interactive Group, Inc. reports Q2 revenues of $47.4 million versus estimates of $48.40 million. Mr. Yuzhu Shi, Giant's Chairman and Chief Executive Officer commented, "We are pleased to report...
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Investors Dump Activision (ATVI)
Friday, August 6, 2010 - 3:43pm | 97Shares of Activision (ATVI) dropped 6.47% today as investors unloaded shares of the software maker. Activision released its quarterly earnings today. Revenue dropped 6.8% to $967 million for the quarter. The good news is that Activision generated more revenue from its subscription and licensing...
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Activision Marginally Beats - Analyst Blog
Friday, August 6, 2010 - 2:35pm | 954A leading publisher of online, personal computers, console, handheld and mobile games, Activision Blizzard Inc. (ATVI) reported second-quarter earnings of 5 cents per share, which beat the Zacks Consensus Estimate by 2 cents but was down a penny per share year over year. The decline can primarily...
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Activision's Q2 Mixed, But Guidance Weak, Stock Down (ATVI)
Friday, August 6, 2010 - 8:46am | 77Activision Blizzard (NASDAQ: ATVI) reported weak revenue but strong profits for Q2. Revenue came in at $967 mln vs $1.04 bln consensus. EPS was 17 cents, above estimates of 15 cents. Guidance was weak for the 3rd quarter, which is surprising, since the company's heavily anticipated Starcraft II...
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Benzinga’s Top Pre-Market NASDAQ Losers (APEI, ATPG, POWR, ATVI)
Friday, August 6, 2010 - 7:25am | 137American Public Education, Inc (NASDAQ: APEI) dipped 33.91% to $28.20 in the pre-market session. APEI has slashed its full-year guidance on a decline in enrollments of military students. ATP Oil & Gas Corporation (NASDAQ: ATPG) lost 17.66% to $10.91 in the pre-market session. ATPG reported...
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Activision Reports Earnings, Shares Falling After Hours (ATVI)
Thursday, August 5, 2010 - 3:13pm | 56Activision Blizzard, Inc. (NASDAQ: ATVI) reports Q2 earnings of $0.08 versus estimates of $0.05. Activision Blizzard, Inc. reports Q2 revenues of $683 million versus estimates of $719.77 million. Activision said it sees Q3 adj-EPS of 8c, versus consensus of 12c, on sales of $725 million. Shares...
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Puts Purchased on Perfect World Co. (PWRD)
Thursday, August 5, 2010 - 11:22am | 137Shares of Perfect World Co. Ltd. (NASDAQ: PWRD) are lower on the session by 4.61%, currently trading at $25.73. The stock has been moving largely lower over the past six months and is trading below the 200-day moving average. Options traders are buying puts on the name today. The August $25.00 put...
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Benzinga's Top ETF Decliners (TZA, SOXS, SQQQ, TYP)
Wednesday, August 4, 2010 - 3:33pm | 189Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) fell 2.98% today, as the Russell 2000 Index traded higher. Russell 2000 gained 1.11% in today's trading session. Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) dropped 2.97%, as the semiconductor stocks performed well today. Texas...
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Electronic Arts Beats, Reaffirms - Analyst Blog
Wednesday, August 4, 2010 - 2:31pm | 1185Electronic Arts Inc (ERTS) reported strong first quarter 2011 earnings and reaffirmed its full-year 2011 non-GAAP guidance. Electronic Arts reported a loss per share of 38 cents as compared with an estimated loss of 50 cents according to the Zacks Consensus. Loss per share includes stock-based...
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Top Performing Industries For August 4 (THC, EXPE, EMMS, ERTS)
Wednesday, August 4, 2010 - 10:28am | 218At 10:44 am, the Dow gained 0.05% to 10,642.06, the broader Standard & Poor's 500 index moved up 0.04% to 1,120.96 and the NASDAQ composite index rose 0.14% to 2,286.67. The industries that are driving the market today are: Hospitals: This industry jumped 3.87% by 10:44 am. The top stock within...
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Activision's Sales Break Records - Analyst Blog
Wednesday, August 4, 2010 - 9:02am | 795A leading publisher of online, personal computers, console, handheld and mobile games, Activision Blizzard Inc. (ATVI) recently noted that its flagship action game, Call of Duty’s map packs sold more than 20 million units to date as measured during the second quarter of 2010, ended June 30, 2010...
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Electronic Arts 2011 Outlook Challenged
Wednesday, August 4, 2010 - 8:17am | 68Electronic Arts, Inc. (NASDAQ: ERTS) has had its "sell" rating and $12 price target reiterated by Deutsche Bank, stating structural concerns, heavy dependence on core publishing profits, high cost industry structure and too many titles hampering profits. Holiday season performance should dictate...