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Stock Market & Financial Investment News

News For ATVI;EA;GME;MSFT;SNE;NTDOY;THQI;ZNGA;COOL;TTWO;GLUU From The Last 14 Days
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September 19, 2014
10:12 EDTSNESony expected to launch SmartEyeglass by end of March, The Verge reports
Sony (SNE) is expected to launch SmartEyeglass, a competitor to Google Glass (GOOG), by the end of March, according to The Verge. Reference Link
08:53 EDTMSFTMicrosoft CEO to visit China, China Daily says
Microsoft CEO Satya Nadella is set to visit Beijing next week, according to China Daily. Nadella's visit comes as China conducts an anti-trust probe of the tech giant. The CEO is likely to visit high-ranking Chinese officials during his time in the country ,the newspaper added. Reference Link
08:49 EDTGLUUGlu Mobile weakness a buying opportunity, says Northland
Northland said Glu Mobile weakness related to the registration of 10M shares by Cie Games is a buying opportunity. The analyst said the 10M shares from the Cie Games acquisition is already in analyst models and included in guidance and notes the new Amazing Battle Creatures game is ranking well. Shares are Outperform rated with a $9.50 price target.
September 18, 2014
18:25 EDTGLUUOn The Fly: After Hours Movers
HIGHER: Concur (CNQR), up 19.5% after SAP (SAP) announced that it will acquire the company for $129 per share... Navidea Biopharmaceuticals (NAVB), up 9.8% after confirming FDA orphan designation for Lymphoseek... Molycorp (MCP), up 6.1% after Oaktree Capital reported a 9.1% passive stake in the company... JetBlue (JBLU), up 4.6% following CEO transition announcement... Wendy's (WEN), up 2.15% after Trian reported a 24.39% stake in the company... Sears Holdings (SHLD), up 2.6% after Fairholme Capital reported a 24% stake in the company... AMD (AMD), up 1% after announcing that it expanded an IP partnership with Synopsys (SNPS). DOWN AFTER EARNINGS: Red Hat (RHT), down 3%... Oracle (ORCL), down 2.4% following first quarter earnings miss and CEO transition... Tibco Software (TIBX), down 5.5%. ALSO LOWER: Quest Resource (QRHC), down 13.4% after filing an automatic common stock and warrant shelf... Eagle Rock (EROC), down 4.5% after filing to sell 53.34M common units for limited partners... Chatham Lodging (CLDT), down 3.3% after filing to sell 5M shares of common stock... Glu Mobile (GLUU), down 2.3% after filing to sell 9.98M shares of common stock for holders... Blackstone Mortgage (BXMT), down 1.6% after filing to sell 8M shares of common stock.
16:51 EDTGLUUGlu Mobile files to sell 9.98M shares of common stock for holders
13:03 EDTZNGATwo top game develoeprs leave Zynga, VentureBeat says
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12:44 EDTMSFTMicrosoft laying off 2,100 employees today, company tells CNBC
12:37 EDTMSFTMicrosoft lays off 2,100 employees, Seattle Times reports
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11:39 EDTSNESony's no-dividend policy could be sign of hope, not doom, Nikkei reports
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11:20 EDTTTWOTake-Two says will be profitable for foreseeable future
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11:16 EDTTTWOTake-Two says best use of cash is game development projects
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10:17 EDTSNESony Computer Entertainment division upbeat on 2014 profit, Reuters reports
The head of Sony's PlayStation division aims to raise its profit outlook for 2014 due to the strong sales of the latest PalyStation 4 and the rollout of games and content for its network services, reports Reuters. In an interview with Reuters, Sony Computer Entertainment CEO Andrew House said We raised our profit prediction and I hope that's a trend we can continue, even within this fiscal year." Sony has sold 10.3 million PlayStation 4 consoles as of Sept. 6. Reference Link
07:32 EDTTTWOMKM Partners to hold a conference
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07:27 EDTSNESony CEO says 'running out of options' for electronics unit, WSJ reports
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07:26 EDTSNEGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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06:45 EDTSNEMobile DRAM bit growth to reach 37.5% in 2H14, DigiTimes Research reports
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05:34 EDTMSFTInfosys expands partnership with Microsoft
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September 17, 2014
13:41 EDTATVISell-through suggests 10M unit Destiny estimate may be low, says Piper Jaffray
Piper Jaffray said Activision's Destiny sell-through of over $325M in its first five days equates to over 5M units, giving the firm confidence in its year-end estimate for 10M Destiny units sold and making that estimate seem potentially too low. Piper maintains its Overweight rating and $27 price target on Activision.
12:39 EDTATVIActivision Blizzard sell-off on Destiny data overdone, says RW Baird
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11:24 EDTATVIActivision Blizzard weakness a buying opportunity, says Pacific Crest
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