-
Electronic Arts (ERTS) Falls In After-Hours Trading
Tuesday, May 11, 2010 - 4:26pm | 132Shares of Electronic Arts Inc. (NASDAQ: ERTS) fell in after-hours trading, following the fourth-quarter results announced by the company. Despite better-than-expected fourth-quarter profit, the company’s weak outlook resulted in the slide in its stock in after-hours trading. Electronic Arts...
-
Electronic Arts Reports Earnings, Shares Fall
Tuesday, May 11, 2010 - 3:28pm | 91Electronic Arts (NASDAQ: ERTS) reported earnings after the bell today that beat Street estimates. The company reported EPS of $0.09 on $979 million in revenue; the Street was at $0.05 EPS on $835.39 million in revenue. Electronic Arts said that revenue rose 14% compared to the same quarter last...
-
Inflation & Deflation Fighters 05-11-2010
Tuesday, May 11, 2010 - 1:53pm | 770Cusick’s Corner Today’s market action is precarious at best. The Euro is still down, gold at almost all-time highs, and stocks are still running to the upside. As a trader, when the market and policy action are not making much sense, one must really shore up risk and capital management. On the...
-
MKM Partners Upgrades Electronic Arts And Buffalo Wild Wings (ERTS, BWLD)
Tuesday, May 11, 2010 - 10:08am | 81MKM Partners upgraded Electronic Arts (NASDAQ: ERTS) from Sell to Neutral today and Buffalo Wild Wings (NASDAQ: BWLD) from Neutral to Buy. During today's trading session, ERTS has gained 2.08% to $18.62. Buffalo Wild Wings (BWLD) shares have jumped 4.14% to $38.95. This stock has been beat down...
-
Stocks To Watch For May 11 (ERTS, MBI, DIS, JASO, PCLN)
Tuesday, May 11, 2010 - 5:56am | 207Some of the companies that may grab investor focus today are: Electronic Arts (NASDAQ: ERTS) may record its earnings for the fourth quarter at $0.06 per share. ERTS soared 0.22% to $18.28 in after hours trading. Shares of MBIA Inc (NYSE: MBI) tumbled after swinging to Q1 net loss of $1.5 billion...
-
Sell in May and go away?
Thursday, May 6, 2010 - 6:50am | 957Another year is in the books here at the University of Michigan, but European leaders are getting no such rest, as the sovereign debt crisis contagion is spreading from Greece and the periphery into the core (sov debt crises are proving to be more contagious than chicken pox). As we speculated, the...
-
Stocks To Watch For On May 6 (KFT, ATVI, H, CI, DPS)
Thursday, May 6, 2010 - 5:41am | 176Analysts expect Kraft (NYSE: KFT) to post an EPS of $0.45 for the first quarter. KFT’s shares gained 0.61% to close at $29.75 yesterday. Wall Street expects Activision Blizzard (NASDAQ: ATVI) to report an EPS of $0.04 in the first quarter. ATVI’s shares dipped 0.47% to $10.70 in after hours trading...
-
Analysts Upgrade Electronic Arts Inc. (ERTS)
Wednesday, May 5, 2010 - 9:31am | 173Analysts at Piper Jaffray are upgrading shares of Electronic Arts. Inc. (NASDAQ: ERTS) from Underweight to Neutral based on improved sentiment and increased FY11 earnings projections. Near-term, analysts are projecting considerable upside potential to the stock as earnings, product catalysts and...
-
Benzinga’s Top Pre-Market Gainers (AMMD, HNSN, ACAS, ARIA, ERTS)
Wednesday, May 5, 2010 - 8:10am | 195American Medical Systems Holdings Inc (NASDAQ: AMMD) soared 10.54% to $19.30 in the pre-market session. AMMD’s Q1 results beat estimates. Hansen Medical, Inc (NASDAQ: HNSN) added 5.41% to $2.73 in pre-market trading. A pre-clinical study has revealed that HNSN’s Robotic Catheter System is more...
-
Bulls Take Advantage of Weakness in ERTS
Tuesday, May 4, 2010 - 1:11pm | 116Shares of Electronic Arts (NASDAQ: ERTS) are off by 2.67% today, currently trading $19.19. The stock has been selling off for a week and a half now, down from $20.06 on April 23rd. Bulls are coming in today and picking up calls, however, and driving call volume to 2.36x the normal call volume. 82%...
-
Bears Do a Double Take on Take Two
Tuesday, May 4, 2010 - 11:31am | 102Shares of Take-Two Interactive (NASDAQ: TTWO) are falling sharply today by over 4.25% to $10.68 as the overall market wanes. Put buyers are coming out of the woodwork in the name as well, pushing Take-Two’s put/call ratio to 516x the norm. The majority of the action is coming in May, where the $12....
-
ATVI – A Stock To Ignore
Wednesday, April 28, 2010 - 2:24pm | 90Activision Blizzard, Inc (NASDAQ: ATVI) has slipped 4.90% in a market that is moving towards recovery. The fight that kicked off when ATVI fired the two heads of its wholly owned subsidiary Infinity Ward is getting uglier. Thirty-eight current and former employees of this subsidiary are suing the...
-
Why Is Electronic Arts More Expensive Than Activision?
Wednesday, April 21, 2010 - 12:55am | 480I was searching through gaming stocks and noticed that shares of Electronic Arts (ERTS) are trading at a much higher valuation than Activision Blizzard (ATVI). Does Electronic Arts deserve to trade at a premium to Activision? Electronic Arts is trading just under $20 per share. EPS estimates for...
-
Renaissance Learning (RLRN) Income Climbs 48%
Monday, April 19, 2010 - 4:05pm | 98Renaissance Learning, Inc. (Nasdaq: RLRN) released its financial results late Monday afternoon. Renaissance Learning reported that its 1st quarter net income climbed 48% to $5.8 million, or 20 cents per share, up from $3.9 million, or 13 cents per share, a year earlier. The results included a tax...
-
Kaufman Bros. Raises Price Target On THQ Inc. (THQI)
Friday, April 16, 2010 - 1:40pm | 72Analyst Todd Mitchell at Kaufman Bros. has raised the price target on THQ Inc. (NASDAQ: THQI) from $8 to $10. The company is slated to release UFC Undisputed 2010 and a PC version of Darksiders in first-quarter of fiscal 2011. According to Kaufman Bros., the company continues to execute on its...