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Stock Market & Financial Investment News

News Breaks
March 19, 2013
09:01 EDTEA, NTDOYElectronic Arts launches Need For Speed Most Wanted U
EA and Criterion Games announced that Need for Speed Most Wanted U, the Nintendo Wii U enhanced version of the critically acclaimed Need for Speed Most Wanted, is now available at North American retail stores.
News For EA;NTDOY From The Last 14 Days
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May 16, 2013
17:32 EDTEAElectronic Arts says Gregory Maffei to retire from board
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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 14, 2013
13:21 EDTEATake-Two rises after results beat expectations
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May 13, 2013
15:10 EDTNTDOYAppeals court upholds favorable ruling for Nintendo
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May 8, 2013
10:00 EDTEAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ametek (AME) upgraded to Buy from Neutral at Citigroup... IAMGOLD (IAG) upgraded to Buy from Hold at Canaccord... Lowe's (LOW) upgraded to Buy from Neutral at ISI Group... lululemon (LULU) upgraded to Buy from Neutral at Sterne Agee... Myriad Genetics (MYGN) upgraded to Buy from Neutral at Mizuho... Orion Marine (ORN) upgraded to Outperform from Market Perform at FBR Capital... Trex Company (TREX) upgraded to Buy from Hold at BB&T... U.S. Auto Parts (PRTS) upgraded to Buy from Neutral at Roth Capital... Electronic Arts (EA) upgraded to Neutral from Sell at Monness Crespi... Electro Scientific (ESIO) upgraded to Buy from Hold at Noble Financial... Darling (DAR) upgraded to Buy from Hold at Maxim... J.C. Penney (JCP) upgraded to Hold from Sell at Maxim... Louisiana-Pacific (LPX) upgraded to Neutral from Underperform at DA Davidson... Grupo Televisa (TV) upgraded to Overweight from Equal Weight at Morgan Stanley... Marathon Oil (MRO) upgraded to Outperform from Neutral at Macquarie... Sibanye Gold (SBGL) upgraded to Overweight from Neutral at JPMorgan... Carrols Restaurant (TAST) upgraded to Strong Buy from Outperform at Raymond James.
09:35 EDTEAElectronic Arts FY14 guidance seems aggressive, says Pacific Crest
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09:24 EDTEAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Myriad Genetics (MYGN), up 9%... Electronic Arts (EA), up 7.4%... Cognizant (CTSH), up 5.2%. ALSO HIGHER: Whole Foods (WFM), up 8.5% after earnings, raising guidance, announcing two-for-one stock split... BlackBerry (BBRY), up 2% after Macquarie says stock setting up for bounce and Jefferies says Q10 demand remains robust... Delta (DAL), up 0.7% after initiating 6c dividend, authorizing $500M share buyback. DOWN AFTER EARNINGS: ValueClick (VCLK), down 20%... Axiall (AXLL), down 8.4%... Zillow (Z), down 5.1%... SodaStream (SODA), down 6%... Symantec (SYMC), down 5.8%... AOL (AOL), down 4.6%. ALSO LOWER: Fusion-io (FIO), down 26% after resignations of CEO, Chief Marketing Officer.
09:13 EDTEAElectronic Arts upgraded to Neutral from Sell at Monness Crespi
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05:47 EDTEAEA SPORTS , FIFA extend licensing agreement until 2022
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May 7, 2013
18:51 EDTEAOn The Fly: After Hours Movers
UP AFTER EARNINGS: WebMD (WBMD), up 14%... Electronic Arts (EA), up 8.4%... Whole Foods (WFM), up 8.4%. ALSO HIGHER: Pioneer Southwest (PSE), up 19.3% after receiving a buyout offer from Pioneer Natural (PXD)... Anthera Pharmaceuticals (ANTH), up 5.4% after announcing additional data from a phase 2 trial... Herbalife (HLF), up 1.1% after Carl Icahn increased his stake in the company to 16.48%. DOWN AFTER EARNINGS: Rubicon (RBCN), down 16.2%... Symantec (SYMC), down 5.9%... ValueClick (VCLK), down 15.5%. ALSO LOWER: CA Technologies (CA), down 4.9% after reporting earnings, saying it would take $150M charge in FY14... Cobalt (CIE), down 6.7% after filing to sell 50M shares of common stock for holders... 3D Systems (DDD), down 6.9% after filing $500M mixed securities shelf.
16:54 EDTEAOn The Fly: Closing Wrap
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16:04 EDTEAElectronic Arts sees FY14 adjusted EPS about $1.20, consensus $1.10
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16:03 EDTEAElectronic Arts sees Q1 adjusted EPS about (62c), consensus (36c)
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16:01 EDTEAElectronic Arts reports Q4 adjusted EPS 55c, consensus 58c
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15:34 EDTEANotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include The Walt Disney Company (DIS), consensus 76c; Mondelez International (MDLZ), consensus 34c; Williams Companies (WMB), consensus 24c; McKesson (MCK), consensus $2.30; Marathon Oil (MRO), consensus 72c; Williams Partners (WPZ), consensus 50c; Symantec (SYMC), consensus 38c; Whole Foods Market(WFM), consensus 73c; CA Technologies (CA), consensus 55c; TripAdvisor (TRIP), consensus 46c; Electronic Arts (EA), consensus 58c.
12:58 EDTEAOn The Fly: Midday Wrap
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09:17 EDTEAOn The Fly: Pre-market Movers
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May 6, 2013
16:02 EDTEADisney, Electronic Arts announce multi-year Star Wars games agreement
The Walt Disney Company (DIS) and Electronic Arts (EA) announced a new multi-year exclusive licensing agreement to develop and publish globally new games based on Star Wars characters and storylines. Under the agreement, EA will develop and publish new Star Wars titles for a core gaming audience, spanning all interactive platforms and the most popular game genres, while Disney will retain certain rights to develop new titles within the mobile, social, tablet and online game categories. Financial terms of the agreement were not disclosed.
13:30 EDTNTDOYNintendo attempting to add smartphone apps to game consoles, Kyodo says
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10:04 EDTEAOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: C&J Energy (CJES) downgraded to Neutral from Buy at Goldman.... Corcept Therapeutics (CORT) downgraded to Neutral from Overweight at Piper Jaffray... Exelon (EXC) downgraded to Neutral from Buy at ISI Group... HeartWare (HTWR) downgraded to Neutral from Outperform at Credit Suisse... Kimco Realty (KIM) downgraded to Neutral from Buy at Goldman... Moody's (MCO) downgraded to Outperform from Strong Buy at Raymond James... PACCAR (PCAR) downgraded to Neutral from Buy at BofA/Merrill... Unum Group (UNM) downgraded to Hold from Buy at Deutsche Bank... Weatherford (WFT) downgraded to Neutral from Strong Buy at ISI Group... Churchill Downs (CHDN) downgraded to Neutral from Long-Term Buy at Hilliard Lyons... Electronic Arts (EA) downgraded to Sell from Hold at Hudson Square... Summit State Bank (SSBI) downgraded to Neutral from Long-Term Buy at Hilliard Lyons... Ironwood (IRWD) downgraded to Neutral from Outperform at Cowen... Oil States (OIS) downgraded to Neutral from Add at Capital One... CYS Investments (CYS) downgraded to Neutral from Buy at Nomura... American Capital Agency (AGNC) downgraded to Neutral from Buy at Nomura... Integrys Energy (TEG) downgraded to Neutral from Buy at DA Davidson... Oil States (OIS) downgraded to Accumulate from Buy at Tudor Pickering... Delcath Systems (DCTH) downgraded to Market Perform from Outperform at JMP Securities... Comerica (CMA) downgraded to Neutral from Buy at BTIG... Eldorado Gold (EGO) downgraded to Sector Perform from Outperform at RBC Capital
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