-
Piper Jaffray Maintains Neutral Rating on ERTS
Wednesday, August 4, 2010 - 7:24am | 57Analysts at Piper Jaffray reiterated their Neutral rating on shares of Electronic Arts (ERTS) after reporting earnings that beat Street estimates. However, Piper Jaffray reduced its price target to $18 from $21, citing "limited sector visibility and fair valuation." Electronic Arts Inc. develops,...
-
Calls Purchased on THQ Inc. (THQI)
Tuesday, August 3, 2010 - 11:42am | 146Shares of THQ Inc. (NASDAQ: THQI) are higher on the session by 0.43%, currently trading at $4.72. The stock has been moving largely lower over the past three months, off from recent highs near $8.30. Options traders are betting that the stock is near a bottom and are buying calls. The September $5...
-
Piper Jaffray Lowers Revenue Estimates For Activision Blizzard (ATVI)
Tuesday, July 27, 2010 - 11:19am | 126Piper Jaffray released a company note on Activision Blizzard (NASDAQ: ATVI). The company will be reporting earnings on August 5th. Piper Jaffray analysts wrote that "We expect Activision (ATVI) will report June quarter EPS above guidance ($0.04 EPS) and the consensus ($0.05 EPS. We project sales...
-
Summertime Markets 07-26-2010
Monday, July 26, 2010 - 6:06pm | 787Cusick’s Corner The market is holding key levels of 111 in the SPY. However, we cannot forget that this current trend is happening in July & August, months that have been notoriously slow and have never really been months that signaled a major trend change. At this stage these are trading...
-
Small Caps Adding Support 07-26-2010
Monday, July 26, 2010 - 2:11pm | 742Cusick’s Corner The market is stuck in a grind that’s in the green. There’s no definitive push either way going into the After Hours. The strength of this market is still in the small caps, IWM, which is always encouraging and is adding to support, 1100 on the S&P, to the current uptrend....
-
Risk Reversal Trades on Activision (ATVI)
Monday, July 26, 2010 - 11:44am | 105Shares of Activision Blizzard Inc. (NASDAQ: ATVI) are higher on the session by 2.30%, currently trading at $12.00. The stock has been moving largely higher over the past two months and is nearing resistance at $12.25. Options traders are buying upside on the name today. The February 2011 $10/14...
-
15 COMPANIES WITH NO DEBT
Saturday, July 24, 2010 - 6:35pm | 3699For fun, I’ve taken Pragcap’s list of 15 companies with no debt and reproduced tables of Sabrient’s stock reports on these companies for further research. Click on the stock tickers in the tables for the pdf files. - Ilene 15 COMPANIES WITH NO DEBT Courtesy of The Pragmatic Capitalist In these...
-
15 COMPANIES WITH NO DEBT
Thursday, July 22, 2010 - 1:00am | 169In these times of high debt and deleveraging it’s unusual to come across companies that aren’t in over their head. CNBC recently ran a piece listing some of the largest firms in the world who have immaculate balance sheets – NO DEBT. The list follows: 1. Novell (NOVL) 2. Expeditors...
-
Calls Purchased on Perfect World Co. (PWRD)
Wednesday, July 21, 2010 - 12:39pm | 147Shares of Perfect World Co. (NASDAQ: PWRD) are lower on the session by 0.29%, currently trading at $23.75. The stock has been moving largely lower over the past six months and is trading below both the 50-day and 200-day moving averages. Options traders are buying calls on the name today. The...
-
Citigroup: Wait For PWRD To Deliver Sustainable Gamer Traction
Wednesday, July 21, 2010 - 9:28am | 155Analysts at Citigroup reiterate their "buy" rating on Perfect World (NASDAQ: PWRD), while reducing their estimates for the company. The target price for PWRD has been reduced from $44 to $35. Citigroup mentions, “We believe investors need to wait for evidence that their upcoming two new game...
-
Renaissance Learning (RLRN) Misses Estimates
Monday, July 19, 2010 - 3:12pm | 200Wisconsin Rapids, Wisconsin based Renaissance Learning, Inc (NASDAQ: RLRN) on Monday after the market closed released financial results that missed Wall Street expectations. Renaissance Learning, Inc (RLRN) reported that its 2nd quarter net income rose 4.2% to $4.3 million, or 15 cents per share,...
-
Renaissance Learning Misses Estimates (RLRN)
Monday, July 19, 2010 - 3:08pm | 82Renaissance Learning (NASDAQ: RLRN) released second quarter earnings result on Monday after the opening bell. The company reported net income of $4.3 million or $0.15 per share compared to $4.1 million or $0.14 per share in the year ago period. This was below Wall Street EPS expectations of $0.17...
-
4 Sectors to Continue Monitoring 07-19-2010
Monday, July 19, 2010 - 3:02pm | 830Cusick’s Corner The market is trading off its worst levels after some pretty decent selling into the end of last week. That selling also got me thinking over the weekend, was it panic selling or just distribution selling? It was hard to tell because of option expiration but it did look more like...
-
Calls Purchased on Electronic Arts (ERTS)
Monday, July 19, 2010 - 10:22am | 174Shares of Electronic Arts Inc. (NASDAQ: ERTS) are higher on the session by 1.15%, currently trading at $14.96. The stock has been moving largely lower over the past three months, off from recent highs near $20.00. Options traders are buying calls on the name today, betting that a rally may be in...
-
Electonic Arts Sells Ubisoft Stake (ERTS)
Monday, July 19, 2010 - 9:51am | 116According to Reuters, U.S. video games producer Electronic Arts Inc (NASDAQ: ERTS) is selling out of Ubisoft Entertainment SA six years after buying a big chunk of the world's third-largest independent video games publisher. Reuters reports that a "Ubisoft spokesman said EA was selling an...