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THQI Shares Fall On Cut In Guidance
Monday, June 14, 2010 - 7:09am | 129Video games maker THQ Inc (NASDAQ: THQI) today cut its fiscal Q1 and annual earnings and sales guidance, as sales of THQI’s UFC Undisputed 2010 were lower than expected and the US dollar has become strong. The Agoura Hills, California-based company now expects a loss of $0.30-$0.20 a share on...
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Puts Sold on Perfect World (PWRD)
Friday, June 11, 2010 - 11:22am | 123Shares of Perfect World (NASDAQ: PWRD) are higher on the session by 9.75%, currently trading at $24.65. The stock has been drifting lower and lower for the past nine months and is trading just off of a 52-week low. Options traders are favoring the put side today. The June $25 put was sold on the...
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Take-Two Interactive Software (TTWO) Swings To Profit, Beats Estimates
Tuesday, June 8, 2010 - 3:51pm | 140Video game producer Take-Two Interactive Software Inc (Nasdaq: TTWO) on Tuesday after the market closed released financial results that beat Wall Street expectations. Take-Two Interactive Software Inc reported that it swung to a fiscal 2nd quarter net income of $16.8 million, or 20 cents per share...
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Technology Stocks Take A Beating Today
Tuesday, June 8, 2010 - 1:34pm | 251Technology stocks had a bumpy ride on the Wall Street today, as the sector struggled to avert losses after it closed in the red yesterday. By 1:10 pm, Apple Inc (NASDAQ: AAPL) had slipped 0.73% to $249.12. Yesterday, Apple introduced its smartphone’s latest version, iPhone 4. The devise will...
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This Is My Favorite Stock Right Now (TTWO)
Monday, June 7, 2010 - 1:55pm | 182Carl Icahn is accumulating shares. There's a massive buzz going on in the video-game community. A video game called "Red Dead Redemption" is flying off the shelves. It's an action-adventure western that takes place in the early 1900s. You ride horses, kill the bad guys, play poker, and...
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Apple Worldwide Developers Conference Update (AAPL)
Monday, June 7, 2010 - 12:39pm | 106- Apple has sold over 2 million iPads, or one every three seconds - 17 apps per iPad already downloaded, "a great number" Jobs says - iPad will be in 19 countries by the end of July - 2.5 books downloaded per iPad, over 5 million books total - Users now have the ability to view and read PDF's...
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WWDC: Guitar Hero For iPad (AAPL, ATVI)
Monday, June 7, 2010 - 12:35pm | 88Today at Apple's (NASDAQ: AAPL) WWDC a representative from Activision (NASDAQ: ATVI) presented their new Guitar Hero app for the iPad. The game play is similar to the classic Guitar Hero. The title will include big names in classic rock like Queen and the Rolling Stones, as well as new artists like...
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This is My Favorite Stock Right Now
Monday, June 7, 2010 - 11:12am | 148Carl Icahn is accumulating shares There's a massive buzz going on in the video-game community. A video game called "Red Dead Redemption" is flying off the shelves. It's an action-adventure western that takes place in the early 1900s. You ride horses, kill the bad guys, play poker, and occasionally...
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Market is Challenging the Downtrend 06-02-2010
Wednesday, June 2, 2010 - 2:34pm | 771Cusick’s Corner The market is challenging the downtrend, but it has been on light volume. Watch the resistance level of 1087 on the ESM10 – can be broken and challenge a downtrend line that has not been broken in the last 5 trading sessions. If there can be a late day breakout through this...
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Benzinga’s Volume Movers (OVTI, DMND, APKT, TTWO)
Friday, May 28, 2010 - 2:26pm | 163OmniVision Technologies Inc (NASDAQ: OVTI) shares gained 6.75% to $19.45 by 3:04 pm. The volume of OVTI shares traded was 650% higher than normal. OVTI has been upgraded by Needham from “buy” to “strong buy.” Diamond Foods Inc (NASDAQ: DMND) shares climbed 6.85% to $42.10 by 3:04 pm. The volume of...
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Online Gaming Woes in China (GA, NTES, PWRD, GAME, SNDA, CYOU)
Tuesday, May 25, 2010 - 9:20am | 391We have seen some interesting research on the highly under-followed online gaming sector in China from the research team at Auriga. Some of the trends will be very disturbing for growth investors who chase 8% and 10% GDP just because “it is China.” Companies such as Giant Interactive Group, Inc...
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Puts Purchased on Electronic Arts
Tuesday, May 25, 2010 - 9:03am | 110Shares of Electronic Arts (NASDAQ: ERTS) are trading lower on the session by 2.33%, currently at $15.90. The stock has been falling sharply as of late and shares are trading well below the 50-day and 200-day moving averages. I am seeing put buying in the name today with traders coming for the June...
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Traders Grab Puts on Activision Blizzard
Tuesday, May 25, 2010 - 9:02am | 131Shares of Activision Blizzard Inc. (NASDAQ: ATVI) are lower on the session by 2.15%, currently trading $10.03. The stock has been on a slow-motion train wreck over the past few weeks and is now trading well below the 50-day and 200-day moving averages. $10 is historical support, however, though it...
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Next Week’s Big Earnings Events (CPB, MDT, TSL, TIVO, AEO, TOL, NTAP, TTWO, PAY, BIG, COST, HNZ, TIF, GES, JCG, NOVL)
Friday, May 21, 2010 - 10:12am | 377Some of the top earnings next week are Campbell Soup Co. (NYSE: CPB), Medtronic, Inc. (NYSE: MDT), Trina Solar Ltd. (NYSE: TSL), TiVo Inc. (NASDAQ: TIVO), American Eagle Outfitters, Inc. (NYSE: AEO), Toll Brothers Inc. (NYSE: TOL), NetApp, Inc. (NASDAQ: NTAP), Take-Two Interactive Software Inc. (...
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Top 5 NASDAQ Stocks In The Internet Software And Services Industry With The Highest Profit Margins (SINA, SNDA, JCOM, GIGM, CKSW)
Wednesday, May 19, 2010 - 5:28am | 169Below are the top 5 Internet software and services stocks on the NASDAQ in terms of profit margins. The trailing-twelve-month profit margins of Sina Corp (NASDAQ: SINA) is 114.87%. SINA’s quarterly earnings grew by 1,379.10% year-over-year. The trailing-twelve-month profit margins of Shanda...