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Electronic Arts Corp. (ERTS) May Test Support Level At 52 Week Low of $14.75
Tuesday, February 9, 2010 - 1:33pm | 122Electronic Arts Corp. (NASDAQ: ERTS), one of the leading seller of disc based video games, has plunged 9.8% by early afternoon trading on Tuesday, in anticipation of quarterly earnings which may miss the analysts’ expectations. Electronic Arts Corp. (ERTS) has taken a dive below its 20 day and 50...
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Consumer Technology Industry Update (ATVI, GME, SNE, ERTS)
Tuesday, February 9, 2010 - 11:16am | 173Analysts Daniel Ernst and Scott Tilghman at Hudson Square Research have released an update on the Consumer Technology industry. According to the report, NPD is expected to report US video game industry sales for January on February 11. Analysts estimate a year-over-year decline of 9.8% in industry...
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Unusual Moves Likely (ADCT, KO, LNC, ERTS, HAR, SRX)
Tuesday, February 9, 2010 - 11:10am | 200Bloomberg reports that the shares of six companies may show unusual trading movements. ADC Telecommunications (NASDAQ: ADCT) shares rose to $5.62 after the company announced that it had earned 10 cents per share in the first quarter, while analysts had only expected ADC to break even. Coca Cola (...
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ERTS Posts FQ3 Results Inline With Preannouncement
Tuesday, February 9, 2010 - 10:58am | 145Analysts at BMO Capital Markets maintain their "outperform" rating on Electronic Arts (NASDAQ: ERTS), while reducing their estimates for the company. The target price for ERTS is set to $22. According to BMO Capital Markets, Electronic Arts has reported its FQ3 results inline with its...
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Benzinga’s Top Downgrades (PKY, GME, ERTS, MSPD, APD)
Tuesday, February 9, 2010 - 10:56am | 236Parkway Properties Inc (NYSE: PKY) was downgraded by Stifel Nicolaus from “hold” to “sell.” PKY’s stocks slipped 10.68% to $17.82 at 10:24 am after Parkway Properties was downgraded. While the company’s 52-week trading range is $8.46-$23.25, PKY’s trading range for today has so far been $17.60-$18....
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Benzinga’s Top Pre-Market Losers (LCAV, TMRK, ERTS, TRGL, CONN)
Tuesday, February 9, 2010 - 9:44am | 191LCA-Vision Inc (NYSE: LCAV) decreased 9.48% to $5.35 in the pre-market session. LCAV closed at $5.91 in yesterday’s closing. The 52-week trading range for LCAV is $1.99-$8.02. LCA-Vision has gained 7.26% over the past six months. Terremark Worldwide Inc (NASDAQ: TMRK) tumbled 4.39% to $7.06 in the...
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Electronic Arts Reports Earnings; Falling In After Hours (ERTS)
Monday, February 8, 2010 - 4:27pm | 152Electronic Arts (NASDAQ: ERTS) has just released its fiscal Q3 results for the period ending December 31, 2009. GAAP net-revenue came in at $1.243 billion compared to 1.654 billion in the year ago period. Non-GAAP revenue was $1.346 billion. Revenues were in line with analysts' estimates. On a...
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Electronic Arts Earnings Preview (ERTS)
Monday, February 8, 2010 - 3:44pm | 136Video game company, Electronic Arts (NASDAQ: ERTS) has been moving higher on above average volume today. The stock has appreciated 2% to $17.61 during the current session. Nearly 10 million shares have exchanged hands versus a daily average of around 8 million. It appears that investors and traders...
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Netease.Com Suspends Registration Of ATVI WoW In China
Monday, February 8, 2010 - 2:01pm | 132Analysts at Hudson Square Research maintain their "buy" rating on Activision Blizzard Inc (NASDAQ: ATVI). NetEase.com (NASDAQ: NTES) announced today that it has suspended new user registration for Activision Blizzard’s World of Warcraft in China, and will reapply for a license to operate the game....
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Electronic Arts Inc. (ERTS) Up As Market Awaits Results
Monday, February 8, 2010 - 2:01pm | 97Shares of video game producer Electronic Arts Inc. (Nasdaq: ERTS) rose over 2% as financial results from the fiscal 3rd quarter were anticipated. According to a poll of analysts by Thomson Reuters, earnings are expected to be 31 cents a share, a fall of 45% from the same period a year earlier. The...
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Electronic Arts Filling a Gap
Monday, February 8, 2010 - 11:02am | 111Electronic Arts (NASDAQ: ERTS) has been basing sideways for the past two months after a large one day selloff in the name. Over the last three days, however, the stock has inched higher and looks to be breaking out to the upside, with the top of the gap the next target level. The stock is currently...
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Activision Blizzard, Inc. (ATVI) Expected To Report A Solid Fourth-Quarter
Friday, February 5, 2010 - 8:53am | 109Analysts Daniel Ernst and Scott Tilghman at Hudson Square Research have released an update on Activision Blizzard, Inc. (NASDAQ: ATVI). The company is expected to report strong results for the fourth-quarter, according to analysts. Analysts believe that the company has outperformed the industry in...
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Benzinga’s Top Upgrades (THQI, LCC, AFFX, EQR, NVE)
Thursday, February 4, 2010 - 9:27am | 253THQ Inc. (NASDAQ: THQI) was upgraded by Sterne Agee from Neutral to Buy with a price target of $9. THQ Inc. is now trading at $5.50, 7.84% up in the pre-market session. THQI closed at $5.10 in the previous trading session. In the last year, THQI has gained over 29%. US Airways Group, Inc. (NYSE:...
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Chinese Tech ETFs Rise (CQQQ) (CHIB) (BIDU) (SNDA)
Wednesday, February 3, 2010 - 6:34pm | 96Chinese tech stocks performed well on Wednesday, pushing Chinese technology exchange traded funds up with them. Both the Claymore China Technology ETF (NYSE: CQQQ) and the Global X China Technology ETF (NYSE: CHIB) were up nearly 1% for the day. Leading the rise in Chinese tech shares was Chinese...
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THQ To Meet FQ3 Expectations
Tuesday, February 2, 2010 - 1:29pm | 139Analyst Todd Mitchell of Kaufman Brothers maintains his "buy" rating on THQ Inc (NASDAQ: THQI). The target price for THQI is set to $8. THQ is scheduled to report its FQ3 2010 results on February 3. “We think management dialed back expectations for the quarter far enough that a miss is unlikely,”...