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Stock Market & Financial Investment News

News Breaks
August 3, 2012
13:11 EDTEA, ZNGA, FBElectronic Arts files copyright infringement suit against Zynga
Electronic Arts (EA) announced that it has filed a lawsuit on behalf of its Maxis Label against Zynga (ZNGA) for infringing EA's copyrights to its Facebook (FB) game, The Sims Social. In the complaint, which was filed in the United States District Court for the Northern District of California on August 3, EA claims that in Zynga's recently-released Facebook game The Ville, Zynga has willfully and intentionally "copied and misappropriated the original and distinctive expressive elements of The Sims Social in a violation of U.S. copyright laws." The Sims Social, launched in August 2011, brought the distinctive universe of EA's world-renowned franchise, The Sims, to the social gaming audience on Facebook. An instant hit, The Sims Social rapidly gained tens of millions of users, and maintains a current user base of several million active players on Facebook.
News For EA;ZNGA;FB From The Last 14 Days
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May 22, 2013
14:27 EDTFBcomScore says Google Sites lead April U.S. online video rankings
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10:37 EDTFBPandora extends Facebook partnership with timeline App
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08:58 EDTFBFacebook management to meet with Deutsche Bank
Meeting to be held in New York on May 22 hosted by Deutsche Bank.
08:29 EDTEAElectronic Arts margin outlook has improved, says Stifel
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May 21, 2013
19:29 EDTEAElectronic Arts to face suit over video game likeness, WSJ reports
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14:18 EDTEAElectronic Arts announced EA Sports Ignite for Xbox One
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13:30 EDTEAElectronic Arts says starting new strategic partnership with Microsoft
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11:01 EDTZNGAZynga price target raised to $3.50 from $2.75 at Piper Jaffray
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May 20, 2013
10:52 EDTFBFacebook near session lows, levels to watch
The stock is drifting lower today, nearing session lows at $25.73. At that price, next support is at $25.33, the 1-month low. Resistance is at $26.25.
07:00 EDTFBNew Facebook projects probably won't bear fruit soon, AllThingsD says
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May 19, 2013
17:10 EDTFBFacebook's Waze deal being held up by move from Israel, NY Post says
Facebook’s negotiations to buy mapping firm Waze are being held up as founders of Waze, based in Israel, are holding out for more money, the NY Post says. Citing sources, the Post says that Waze founders want more money if they are going to be forced to move from Israel to Silicon Valley as part of the deal. Reference Link
May 17, 2013
06:51 EDTFBFacebook volatility at low end of historic range
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06:36 EDTFBGoogle to add new apps to Google Glass, NY Times says
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May 16, 2013
17:32 EDTEAElectronic Arts says Gregory Maffei to retire from board
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05:59 EDTFBHigh tech firms involved in immigration battle, WSJ reports
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05:57 EDTFBFacebook implied volatility at lower end of index mean range
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May 15, 2013
17:46 EDTFBSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
10:35 EDTZNGAGroupon, Zynga advance after hedge fund reports new stakes
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09:58 EDTZNGAJana Partners reports new stakes in Groupon, Zynga
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05:59 EDTFBCorporate boards recruit newcomers with digital knowledge, WSJ reports
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