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Stock Market & Financial Investment News

News Breaks
October 12, 2012
07:42 EDTERTS, ATVI, THQI, TTWO, COOL, NTDOYSeptember U.S. console software sales down 18%, says Wedbush
Wedbush said that according to NPD, September U.S. console software sales were down 18% to $497M, below the firm's estimate of $520M. Wedbush says Activision Blizzard (ATVI), Nintendo (NTDOY), and Take-Two (TTWO) came in above expectations, while Electronic Arts (ERTS), Majesco (COOL), THQ (THQI), and Ubisoft were in-line with expectations.
News For ATVI;NTDOY;TTWO;ERTS;COOL;THQI From The Last 14 Days
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May 21, 2013
13:54 EDTATVIActivision's Call of Duty downloadable content will come first to Xbox One
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May 20, 2013
12:20 EDTTTWOOptions with decreasing implied volatility: RFMD TTWO LO DDS A
May 19, 2013
14:49 EDTNTDOYMicrosoft set to unveil new Xbox amid stiff competition, Reuters says
Facing stiff competition from Sony's (SNE) PlayStation 4 and the Wii U by Nintendo (NTDOY), Microsoft (MSFT) is set to unveil its new Xbox game console, says Reuters. Reference Link
May 16, 2013
13:05 EDTNTDOYSpending on Apple, Android video games jumped in Q1, AllThingsD says
In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link
May 15, 2013
12:12 EDTATVIActivision Blizzard halted share buying talks with Vivendi, Bloomberg reports
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11:50 EDTATVIActivision halted talks on buying back shares from Vivendi, Bloomberg reports
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May 14, 2013
15:19 EDTATVIVivendi weighing options for Activision stake, WSJ reports
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13:21 EDTATVI, TTWO, COOL, THQITake-Two rises after results beat expectations
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11:41 EDTTTWOHigh option volume stocks: DANG RLGY JNY TTWO OPTR
09:21 EDTTTWOTake-Two an interesting idea but sector cautious, says RW Baird
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09:14 EDTTTWOOn The Fly: Pre-market Movers
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08:53 EDTTTWOTake-Two price target raised to $21 from $17 at Sterne Agee
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08:29 EDTTTWOTake-Two price target raised to $20 from $16 at BMO Capital
BMO Capital increased its price target on Take-Two after the company reported significantly better than expected Q4 results. The firm believes that the company is poised for strong growth in FY14, but it keeps a Market Perform rating on the shares.
May 13, 2013
18:56 EDTTTWOOn The Fly: After Hours Movers
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17:17 EDTTTWOTake-Two up 66c, or 4.03%, to $17.05 after earnings, guidance
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17:17 EDTTTWOTake-Two CEO says will be profitable in FY15 and beyond
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16:23 EDTTTWOTake-Two rises after results and guidance, first look
Shares are up over 4% in the extended session following earning and guidance. The company beat on its Q4 but lowered its outlook to a sharer loss than estimated for its Q1. At the current price of $17.05, resistance is at the 2-year high of $17.58. Support is at $16.51.
16:10 EDTTTWOTake-Two sees FY14 adjusted EPS $2.05-$2.30, consensus $2.26
Sees FY14 non-GAAP net revenue $1.75B-$1.85B, consensus $1.78B.
16:10 EDTTTWOTake-Two sees Q1 adjusted EPS (70c)-(55c), consensus (3c)
Sees Q1 non-GAAP net revenue $100M-$125M, consensus $217.25M.
16:08 EDTTTWOTake-Two reports Q4 adjusted EPS 38c, consensus 23c
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