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Glu Mobile Soaring Nearly 10% On EA, PopCap Deal
Wednesday, July 13, 2011 - 7:55am | 114Glu Mobile Inc. (NASDAQ: GLUU) shares are up nearly 10% in pre-market on the back of the acquisition last night of PopCap Games by Electronic Arts (NASDAQ: ERTS). Electronic Arts paid $650 million in cash plus $100 million in stock & PopCap will have the chance to earn more through a Multi-...
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Pre-Market Losers
Wednesday, July 13, 2011 - 7:35am | 104Electronic Arts (NASDAQ: ERTS) is trading over 2.70% lower near $23.5 after it was announced that the company had purchased PopCap Games. Tibco Software (NASDAQ: TIBX) is trading over 2.50% lower near $29.09 after it was announced that the company's COO had filed to sell 65k shares. Capital One...
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Benzinga's Top Pre-Market NASDAQ Gainers
Wednesday, July 13, 2011 - 7:19am | 110Harbin Electric Inc (NASDAQ: HRBN) shares advanced 8.62% to $18.90 in the pre-market session. HRBN's PEG ratio is 0.47. Clean Energy Fuels Corp (NASDAQ: CLNE) shares advanced 7.82% to $16.26 in the pre-market session. Analysts at Bank of America upgraded CLNE from “underperform” to “buy.” ADTRAN...
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Deutsche Bank Maintains Sell on Electronic Arts
Wednesday, July 13, 2011 - 6:13am | 148Deutsche Bank is out with its report today on Electronic Arts (NASDAQ: ERTS), maintaining Sell after ERTS announced its acquisition of PopCap Games. In a note to clients, Deutsche Bank writes, "While strategically PopCap's IP holds L/Tpotential, we think investors should focus on three key themes...
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US Stock Futures Signal Higher Start On Wall Street
Wednesday, July 13, 2011 - 5:06am | 354US stock futures are higher this morning, after upbeat Chinese growth data. Futures on the Dow Jones Industrial Average surged 63 points to 12,476.00 and futures on the S&P 500 stock index rose 7.90 points to 1,318.60. Nasdaq 100 futures gained 17.25 points to 2,361.75. US stocks closed lower...
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Stocks To Watch For July 13
Wednesday, July 13, 2011 - 1:35am | 266Some of the stocks that may grab investor focus today are: Electronic Arts Inc (NASDAQ: ERTS) announced its plans to buy PopCap Games for at least $750 million. EA will pay $650 million in cash and $100 million in common shares. EA also issued downbeat Q2 projections. ERTS shares dropped 3.27% to...
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Majesco Entertainment and Glu Mobile Pop After Electronic Arts Acquires PopGames for $650M
Tuesday, July 12, 2011 - 3:13pm | 339Majesco Entertainment (NASDAQ: COOL) and Glu Mobile (NASDAQ: GLUU) both popped over 1% higher in after-hours trading today after the following announcement. Electronic Arts (NASDAQ: ERTS) today announced an agreement to acquire PopCap Games, a leading provider of games for mobile phones, tablets,...
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EA to Acquire PopCap Games for $650M in Cash, $100M in EA Shares
Tuesday, July 12, 2011 - 3:06pm | 121Electronic Arts Inc. (NASDAQ: ERTS) today announced an agreement to acquire PopCap Games PopCap is one of the largest digital and social gaming companies with more than 150 million games installed and played worldwide on platforms such as Facebook®, RenRen, Google™, iPhone™, iPad™ and Android. In...
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Brian Sozzi Discusses The "13 Week All Stars"
Tuesday, July 12, 2011 - 9:42am | 267Brian Sozzi of Wall Street Strategies is out with a research report on the "13 Week All Stars," a list which has significantly outperformed the indexes. The list includes Quiksilver (NYSE: ZQK), Bebe (NASDAQ: BEBE), Hot Topic (NASDAQ: HOTT), Steve Madden (NASDAQ: SHOO), Lululemon (...
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Stocks to Watch for Monday 07/11/11: Fresh 52 Week Highs and Lows
Sunday, July 10, 2011 - 5:15pm | 2231Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to lowest): 1) Melco Crown Entertainment (NASDAQ:...
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Hottest and Coldest Sectors for Friday 7/8/11
Friday, July 8, 2011 - 4:24pm | 1918The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...
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EA-Criterion Announces Burnout Crash
Thursday, July 7, 2011 - 3:00pm | 41Criterion Games, an Electronic Arts Inc. (NASDAQ: ERTS) studio, today announced Burnout™ CRASH! The next installment in the internationally acclaimed Burnout series will explode onto Xbox LIVE® Arcade and PlayStation®Network in Fall 2011.
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2K Games Launches Sid Meier's Civilization World for Facebook Platform
Thursday, July 7, 2011 - 6:34am | 702K Games today announced that Sid Meier's Civilization World™ for Facebook is now available. Civilization World is set in a persistent online world where players collaborate with friends to become the strongest nation to accomplish an end goal of becoming the world's most powerful civilization...
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Three symbols with good bullish setups to trade tomorrow
Tuesday, July 5, 2011 - 4:14pm | 2497( click to enlarge ) Shares of Zalicus, Inc. (NASDAQ:ZLCS) traded nicely and I'm looking for continuation of the upward direction. The stock surged 12.88% or 30 cents to $2.63 per share after an Oppenheimer & Co. analyst started covering the stock with an "Outperform" rating. Analyst Boris...
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Three symbols with good bullish setups to trade tomorrow
Tuesday, July 5, 2011 - 4:14pm | 2521( click to enlarge ) Shares of Zalicus, Inc. (NASDAQ: ZLCS) traded nicely and I'm looking for continuation of the upward direction. The stock surged 12.88% or 30 cents to $2.63 per share after an Oppenheimer & Co. analyst started covering the stock with an "Outperform" rating. Analyst Boris...