-
TTWO Posts Better-Than-Expected Q1 Results
Thursday, March 4, 2010 - 9:49am | 194Analysts at MKM Partner reiterate their “neutral” rating on Take-Two Interactive (NASDAQ: TTWO), while raising their estimates for the company. The target price for TTWO is set to $9. TTWO has posted better-than-expected Q1 results. “Although Take-Two Interactive announced a new cost-cutting plan,...
-
Activision, And GameStop Among Favourites: CNBC (SNE, MSFT, ATVI, GME)
Thursday, March 4, 2010 - 9:06am | 153In an interview with CNBC, Arvind Bhatia, video game, and entertainment analyst at Sterne, Agee & Leach, said video game stocks are set to rise this year after a disappointing 2009. Bhatia said that while the poor performance of game stocks in 2009 was reflective of the discretion shown by...
-
Catalysts For March 4, 2010 (BUD, WRN, WEN, TYPE, STP, TK, CIEN, TD, MENT, MOVE, EVC, SLW, GA, ARST, ALSK, MRVL, COO, URBN)
Thursday, March 4, 2010 - 7:43am | 353Economic Events The following data will be released in the market: * Preliminary data on productivity in Q4. Analysts are expecting productivity growth to remain flat at 6.2%. * Jobless claims for the week ending February 27: Analysts expect jobless claims to decline by 20,000 to 475,000,...
-
Activision Fires Two Top Executives (ATVI)
Wednesday, March 3, 2010 - 3:06pm | 151Activision (NASDAQ: ATVI) has fired two executives for alleged “breaches of contract and insubordination”. These executives are Vince Zampella and Jason West. West acted as president of Infinity Ward and Vince Zampella worked as its CEO. Infinity Ward is wholly owned by Activision (ATVI), and was...
-
Top 5 Stocks For March 3, 2010 (TTWO, PETM, FL, DAVE, PGR)
Wednesday, March 3, 2010 - 7:51am | 289Analysts expect Take-Two Interactive Software Inc (NASDAQ: TTWO) to post a loss of $0.64 per share for the latest quarter when the company reports its results after the market closes. TTWO’s shares fell 1.69% to close at $9.28 yesterday. Read more about this company here. Long time pet supply...
-
SNDA Downgraded On Low Earnings Visibility
Tuesday, March 2, 2010 - 8:52am | 70Analysts at Roth Capital downgrade Shanda Interactive (NASDAQ: SNDA) from "buy" to "hold." The target price for SNDA has been reduced from $65 to $48. According to Roth Capital, the downgrade in the rating reflects the low earnings visibility into the performance of Shanda Games. SNDA’s shares...
-
Perfect World (PWRD) Profits Surge But Miss Analyst Estimates
Monday, March 1, 2010 - 1:40pm | 73Shares of Perfect World Co., Ltd. (Nasdaq: PWRD) are down nearly 9%, after the Chinese online game developer reported 4th quarter 2009 earnings below analyst estimates. Perfect World reported net income of $39.7 million, or 75 cents per share. Excluding one time expenses, Perfect World earned 81...
-
Sell Off In Shanda Interactive (SNDA)
Monday, March 1, 2010 - 1:18pm | 94Shares of Shanda Interactive (NASDAQ: SNDA) are falling today after the company reported earnings. Shanda reported income of $54.1 million on revenues of $221.6 million. The shares have lost 8.9% today and are currently trading at $41.27. Shanda closed the year 2009 with another quarter of solid...
-
Take-Two Interactive Software, Inc.’s (TTWO) First-Quarter Preview
Friday, February 26, 2010 - 5:14pm | 153Analysts Daniel Ernst and Scott Tilghman at Hudson Square Research have released a report previewing the first-quarter at Take-Two Interactive Software, Inc. (NASDAQ: TTWO). The company is expected to report results for the first-quarter on March 3. Analysts expect the company to report a 49% year...
-
UBS Reiterates NetEase.com (NTES) Buy Rating
Friday, February 26, 2010 - 11:19am | 155UBS analyst Gary Ngan maintained a Buy rating for NetEase.com, Inc. (Nasdaq: NTES), as well as a price target of $44. The UBS analyst noted that although NetEase.com profits beat the consensus estimate by 10%, they were in-line with UBS estimates. NetEase.com licenses World of Warcraft in China...
-
China’s Online Game Market Is Attractive (CYOU, ATVI, ERTS)
Wednesday, February 24, 2010 - 1:09pm | 996One of the most important influences on an investment's performance is underlying economic growth. That’s why PIMCO’s Bill Gross suggests investors direct their risk-taking towards fast growing countries that are less levered and less easily prone to bubbling. The risk of investing in China is...
-
How To Trade Amazon.com, Inc. Going Forward (AMZN)
Tuesday, February 23, 2010 - 8:31pm | 240AMZN: Benzinga Strategy Session #4 of 100 So you're looking to trade Amazon.com, Inc. (Nasdaq: AMZN) but are not quite sure when to pull the trigger. This is why Benzinga is here for you! If you pull up the chart attached to this article, you can see the annotations of how to play Amazon.com, Inc....
-
Altera Corporation Analyzed - Benzinga Strategy Session (ALTR)
Monday, February 22, 2010 - 7:58pm | 227ALTR: Benzinga Strategy Session #3 of 100 In the short term, look for a pullback in Altera Corporation (Nasdaq: ALTR). I respect the uptrend that ALTR is in right now but a pullback will be healthy. For long term investors, a pull back of 5% from its peak will be a better entry point. The chart is...
-
Activision Blizzard Analyzed - Benzinga Strategy Session (ATVI)
Monday, February 22, 2010 - 6:10pm | 360Prelude Benzinga has set a big target for me to hit and we'll see if it can be done: chart out every stock in the Nasdaq-100 Index and provide strategy to go along with it... in 10 days. So this is the first post in a series of 100. Each post will provide technical analysis oriented strategy...
-
Tiger Trades (NKE, PEP, ERTS)
Thursday, February 18, 2010 - 12:03pm | 145As most people know Tiger Woods will be making a statement to the public tomorrow morning after being silent for about three months. This may bring about trading ideas, or at least places to look for movements based on what Tiger may be saying in his statement. Companies that still back Tiger and...