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Buon Weekend! 07-15-2011
Friday, July 15, 2011 - 4:48pm | 961Cusick's Corner Overall the data and news were not so great today but corporate headlines supported this market. To keep track of this earnings cycle, go to the optionsXpress Research tab and click on the Earnings Calendar to get the listings of stocks coming out with earnings each day next week...
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Can Glu Mobile Hold Your Portfolio Together This Summer?
Friday, July 15, 2011 - 11:46am | 440Glu Mobile (NASDAQ: GLUU) is in one of the hottest technology sectors of recent days. With internet and mobile platform usage reaching new highs seemingly every month, Glu Mobile seems to have attracted a significant amount of investor interest. Recently, several articles have been published about...
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Options Brief: Giant Interactive
Friday, July 15, 2011 - 10:26am | 92Shares of Giant Interactive (NYSE: GA) are higher on the session by 1.08%, trading at $7.49. Overall put volume is now running at 6.26x the daily average, with 32% of all puts traded being purchases on the offer. 1,070 contracts have traded on the session so far. Giant Interactive Group Inc. is...
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July 14th: Top Performing Small Cap Stocks (UFPI, BTH, UTEK, GLUU, JAZZ)
Friday, July 15, 2011 - 9:38am | 456The stock market has remained in a holding pattern all week, as traders wait to see what kind of a compromise Congress and the White House can reach over federal spending as the August 2nd deadline looms large. While the major small cap stock indexes don't show it, there were plenty of big moves...
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July 14th: Top Performing Small Cap Stocks (UFPI, BTH, UTEK, GLUU, JAZZ)
Friday, July 15, 2011 - 9:38am | 456The stock market has remained in a holding pattern all week, as traders wait to see what kind of a compromise Congress and the White House can reach over federal spending as the August 2nd deadline looms large. While the major small cap stock indexes don't show it, there were plenty of big moves...
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Piper Jaffray Reiterates Overweight on ERTS and Neutral on ATVI, GME, TTWO
Friday, July 15, 2011 - 7:23am | 136Piper Jaffray reiterated its Overweight rating on Electronic Arts (NASDAQ: ERTS). At the same time, the rating agency left its rating on Activision Blizzard (NASDAQ: ATVI), Take-Two Interactive (NASDAQ: TTWO) and GameStop (NYSE: GME) unchanged at Neutral. On Thursday, TTWO lost 1.76% of its value...
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Piper Jaffray Reiterates Neutral on Take-Two Interactive, Reduces PT to $17
Friday, July 15, 2011 - 7:10am | 48Piper Jaffray reiterated its Neutral rating on Take-Two Interactive (NASDAQ: TTWO). At the same time, the rating agency reduced its price target on the company's stock from $18 to $17. On Thursday, TTWO lost 1.76% of its value to end the day at $14.49.
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Deutsche Bank Reiterates Buy on Activision-Blizzard and Sell on Electronic Arts
Friday, July 15, 2011 - 5:46am | 76Deutsche Bank reiterated its Buy rating on Activision-Blizzard (NASDAQ: ATVI) and its Sell rating on Electronic Arts (NASDAQ: ERTS). On Thursday, ATVI lost 0.5% of its value to end the day at $11.84. At the same time, ERTS lost 1.67% of its value on Thursday to finish the day at $23.51. Its shares...
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Piper Jaffray Lowers PT On Take-Two Interactive To $17
Friday, July 15, 2011 - 5:04am | 27Piper Jaffray has lowered the price target on Take-Two Interactive (NASDAQ: TTWO) from $18 to $17 and maintains its Neutral rating.
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Sterne Agee Reiterates Buy on Take-Two Interactive Software
Friday, July 15, 2011 - 5:02am | 48Sterne Agee reiterated its Buy rating on Take-Two Interactive Software (NASDAQ: TTWO). At the moment, the rating agency has a price target of $21 placed on the company's stock. On Thursday, TTWO lost 1.76% of its value to end the day at $14.49.
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Calls Purchased on Glu Mobile
Thursday, July 14, 2011 - 10:55am | 149Shares of Glu Mobile (NASDAQ: GLUU) are higher on the session by 2.52%, currently trading at $5.69. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying calls on the name today. A short while ago the...
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Market Update
Thursday, July 14, 2011 - 8:34am | 148Shares of Electronic Arts Inc (NASDAQ: ERTS) dropped about 2.3% after the company announced its plans to offer $550 million of Convertible Senior Notes due 2016 in a private placement. Shares of Yum! Brands Inc (NYSE: YUM) gained about 3% after the company reported a 10% rise in its second-quarter...
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Electronic Arts Announces Proposed Offering of $550M of Convertible Senior Notes
Thursday, July 14, 2011 - 6:33am | 79Electronic Arts Inc. (NASDAQ: ERTS) today announced that it intends to offer $550 million of Convertible Senior Notes due 2016 in a private placement. EA also expects to grant the initial purchasers in the proposed offering an option to purchase up to an additional $82.5 million aggregate principal...
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Zings Of The Day July 13, 2011
Wednesday, July 13, 2011 - 2:35pm | 140Bank of Italy governor Mario Draghi said that Italian banks are solid despite the financial crisis, and will easily pass European banking stress tests. Yea, they have a Tier 1 capital ratio of 5% mozzarella, and 6% spaghetti. Capital One Financial Corp., (NYSE': COF) reported second-quarter net...
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High-Flying Breakout Plays For Your Consumption
Wednesday, July 13, 2011 - 10:19am | 185Here are five plays that you need to be playing close attention to this morning. The one stock that I've already gotten into this morning was GLUU, but with the volatility associated with this play, It wouldn't surprise me if there was a few more opportunities to get in it. The remaining four...