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Stock Market & Financial Investment News

News Breaks
May 13, 2014
13:47 EDTTTWO, MSFT, NTDOY, ATVI, GME, SNE, EAGameStop climbs after Microsoft announces cheaper Xbox
Shares of video game retailer GameStop (GME) are climbing after Microsoft (MSFT) announced that it will offer a cheaper version of its Xbox One video game console. GameStop and video game makers should benefit from the launch of the lower priced Xbox, research firm Robert W. Baird stated. WHAT'S NEW: Earlier today on its corporate blog, Microsoft announced that the company will offer a new version of Xbox One for as little as $399 beginning on June 9. Xbox One is now only available for $499. The cheaper version of the game console will not include Kinect, the company's motion and voice sensing system, Microsoft stated. ANALYST REACTION: In a note to investors earlier, Baird analyst Colin Sebastian predicted that video game sales would rise as a result of Microsoft's decision. Historically, price cuts on video game consoles have caused sales of both the consoles and video games to rise significantly, the analyst reported. GameStop should get a boost from this trend, while sales of Electronic Arts' (EA) Titanfall game could also get a lift from Microsoft's move, Sebastian believes. He kept a $50 price target and Outperform rating on GameStop. PRICE ACTION: In mid-afternoon trading, GameStop rose 2.25% to $37.65, Microsoft advanced 1.7% to $40.35, and Electronic Arts added 0.3% to $35.40. OTHERS TO WATCH: Other publicly traded video game makers include Activision Blizzard (ATVI) and Take-Two (TTWO). Sony (SNE) and Nintendo (NTDOY) offer console gaming systems that compete with Microsoft's Xbox One and Xbox 360.
News For GME;MSFT;EA;ATVI;TTWO;SNE;NTDOY From The Last 14 Days
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May 18, 2015
16:16 EDTTTWOTake-Two to resume trading at 4:25 pm ET
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16:06 EDTTTWOTake-Two reports Q4 EPS 49c, consensus 27c
Reports Q4 GAAP revenue $300.1M, may not compare to consensus $458.94M. Reports Q4 Non-GAAP net revenue $427.7M.
16:00 EDTMSFTOptions Update; May 18, 2015
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15:00 EDTTTWONotable companies reporting after market close
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14:11 EDTTTWOTake-Two technical notes before earnings
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13:37 EDTMSFTBaidu, Uber teaming up to pursue Nokia's maps unit, Bloomberg reports
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06:05 EDTMSFTStocks with implied volatility below IV index mean; MSFT GE
Stocks with implied volatility below IV index mean; Microsoft (MSFT) 17, General Electric (GE) 15 according to iVolatility.
May 17, 2015
14:45 EDTMSFTMicrosoft should acquire software translator Xamarin, Barron's says
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May 15, 2015
16:01 EDTMSFTOptions Update; May 15, 2015
iPath S&P 500 VIX Short-Term Futures down 20c to 20.06 Option volume leaders: AAPL BAC FB NFLX TWTR BABA CSCO TSLA MU GILD T MSFT AMZN MCD
15:26 EDTMSFTBlackBerry calls active amid rumor of Microsoft investigation of potential bid
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15:00 EDTMSFTBlackBerry rises amid rumor of Microsoft investigation of potential bid
Shares of BlackBerry (BBRY) are higher in afternoon trading after Ben Harrington's Betaville blog said Microsoft (MSFT) is said to have requested Deutsche Bank (DB) and Goldman Sachs (GS) examine whether the company should acquire the mobile device maker. His source said Microsoft has not yet approached Blackberry and is still in the "very early stages" of looking into making a potential deal, Harrington added. BlackBerry is up 1.7% to $10.50 following the blog post. Reference Link
14:43 EDTGMEGameStop May weekly volatility elevated into Q1 and outlook
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08:16 EDTMSFTMicrosoft EPS, revenue growth poised to accelerate, says Bernstein
Bernstein expects Microsoft's EPS growth to reaccelerate through fiscal 2017, and it predicts that the company's revenue growth will accelerate, driven by a shift to sub-based licensing, new cloud offerings, and higher enterprise sales. Bernstein keeps a $56 price target and Outperform rating on the shares.
06:03 EDTMSFTStocks with implied volatility below IV index mean; MSFT GE
Stocks with implied volatility below IV index mean; Microsoft (MSFT) 17, General Electric (GE) 15 according to iVolatility.
05:52 EDTEA, GME, TTWO, ATVIApril NPD video game software sales rose 13%, says Piper Jaffray
Piper Jaffray notes April NPD video game software sales increased 13% year-over-year with next-generation software revenue up 200% versus the prior year. Piper keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO).
May 14, 2015
19:04 EDTMSFTMicrosoft announces mobile-friendly search result changes
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16:00 EDTMSFTOptions Update; May 14, 2015
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15:21 EDTTTWOTake-Two June volatility elevated into Q4 and outlook
Take-Two June call option implied volatility is at 43, September is at 38, December is at 35; compared to its 90-average of 39, suggesting large near term price movement in to the expected release of Q4 results on May 18.
11:19 EDTMSFTMicrosoft set to test 52-week high, levels to watch
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09:34 EDTMSFTActive equity options trading on open
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