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Stock Market & Financial Investment News

News Breaks
January 3, 2014
06:28 EDTEAEA confirms PopCap Games CEO to step down, Re/code reports
Dave Roberts, the CEO of EA's PopGames unit, will step down, the company confirms to Re/code. Roberts will be replaced by co-founder John Vechey. Reference Link
News For EA From The Last 14 Days
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July 30, 2014
11:47 EDTEASony turned down participating in 'EA Access' program, Game Informer reports
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06:05 EDTEAEA service to not impact GameStop for several years, says Piper Jaffray
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July 29, 2014
15:42 EDTEAElectronic Arts is not a competitive threat to GameStop, says SunTrust
15:03 EDTEAGameStop to benefit from Electronic Arts' new service, says Stifel
Stifel said GameStop (GME) has plans to sell Electronic Arts' (EA) new service in its stores and does not expect any short-term impact for the company.
14:35 EDTEAGameStop pullback on Electronic Arts news overdone, says B. Riley
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13:58 EDTEAGameStop turns negative after EA announces subscription game service
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13:49 EDTEAElectronic Arts announces subscription game service in partnership with Microsoft
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July 23, 2014
15:02 EDTEAElectronic Arts downgraded to Hold from Buy at Benchmark Co.
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09:47 EDTEAElectronic Arts falls after earnings report, levels to watch
The shares are down 3.4% to $37.12 at time of writing, bouncing off the session low at $36.19 which is now support. Resistance is at $38.38. The company reported last night after the close, beating for the reported quarter. The company's view for FY15 adjusted EPS is now $1.85, below consensus of $1.89. Price targets were upped at three firms: UBS to $40, Piper Jaffray to $44, and Stifel to $46.
07:38 EDTEAElectronic Arts price target raised to $40 from $35 at UBS
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07:17 EDTEAElectronic Arts price target raised to $46 from $42 at Stifel
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05:43 EDTEAElectronic Arts price target raised to $44 from $38 at Piper Jaffray
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July 22, 2014
16:05 EDTEAElectronic Arts sees Q2 adjusted EPS 50c, consensus 51c
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16:05 EDTEAElectronic Arts sees FY15 adjusted EPS $1.85, consensus $1.89
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16:03 EDTEAElectronic Arts reports Q1 adjusted EPS 19c, consensus (4c)
Reports Q1 non-GAAP revenue $775M, consensus $713.24M. The company said, “EA delivered first quarter EPS above prior year and our guidance through a combination of revenue growth, higher gross margins and lower operating expenses. We have gotten off to a great start and are encouraged by the trends in our industry and business."
15:30 EDTEANotable companies reporting after market close
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15:14 EDTEAElectronic Arts July weekly 38.5 straddle priced for 7.2% move into Q1
11:20 EDTEAElectronic Arts July weekly volatility increases into Q1 and outlook
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July 21, 2014
07:34 EDTEAElectronic Arts execution should lead to multiple expansion, says Brean Capital
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