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Stock Market & Financial Investment News

News Breaks
March 9, 2012
09:38 EDTGME, MSFTGameStop mentioned cautiously at Pacific Crest
According to reports, the next Xbox will have no disc drive. Pacific Crest believes the elimination of discs from one or more of the next generation consoles may result in physical retailers like GameStop from selling games. The firm views this as a negative for Gamestop as it could put new game sales at risk.
News For GME;MSFT From The Last 14 Days
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May 21, 2013
13:30 EDTMSFTElectronic Arts says starting new strategic partnership with Microsoft
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13:24 EDTMSFTMicrosoft unveils 'Xbox One' featuring voice, gesture control
Microsoft says next-generation video game system, to be called "Xbox One," will be an all-in-one system for entertainment. Says newly redesigned Kinect will allow for voice and gesture control of device. Information from live blog of Xbox event.
11:45 EDTGMEGameStop May volatility elevated at 114 on sharp two-month rally into Q1
GameStop May call option implied volatility is at 114, June is at 47, July is at 39, October is at 38; compared to its 26-week average of 39 according to Track Data, suggesting larger near term price movement into the expected release ofQ1 results on May 23.
10:59 EDTMSFTMicrosoft to hold a company event
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09:48 EDTMSFTMicrosoft breakout continues, levels to watch
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08:38 EDTGMEGameStop price target raised to $46 from $35 at Sterne Agee
Sterne Agee believes that GameStop's shares could advance further, as the firm thinks that the company can generate significantly higher than expected earnings in the next few years. Sterne Agee keeps a Buy rating on the stock.
07:25 EDTMSFTMicrosoft price target raised to $40 from $33 at UBS
UBS believes Microsoft's shares can continue to move higher driven by improved earnings visibility, cloud momentum, a bottom in PC weakness, enterprise strength, and expectations for a seasonally strong 2H 2013. As a result, the firm reiterates its Buy rating and raised its price target to $40 from $33.
06:39 EDTMSFTMicrosoft to begin shipping volume shipments of new Xbox in Q3, Digitimes says
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May 20, 2013
08:40 EDTMSFTBarnes & Noble could rise above $30 a share, Barron's says
Barnes & Noble (BKS) shares are up about 15% since TechCrunch said Microsoft (MSFT) may pay $1B for its Nook e-reader business but the stock may have another 50% upside to $30 per share based on Barnes & Noble's asset value, contended Barron's in a report this weekend. Barron's, however, called the situation "admittedly tough to assess" because neither Microsoft nor B&N will comment on the purchase rumor. The Fly notes Barnes & Noble shares are up 4% to $20.80 in pre-market trading. Reference Link
07:42 EDTMSFTCohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22.
07:32 EDTMSFTSociety for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.
May 19, 2013
18:59 EDTMSFTCisco looks the best out of tech comeback stocks, Barron's says
Cisco (CSCO), Intel (INTC), and Microsoft (MSFT) stocks have jumped this month, however, Intel and Microsoft's revenue growth declined, due to their reliance on the PC market, providing Cisco with an opportunity to pull ahead in the technology sector, Barron's contends in its Technology Trader column. Cisco looks moderately priced, the paper adds. Reference Link
14:49 EDTMSFTMicrosoft 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 17, 2013
10:17 EDTMSFTMicrosoft continues its quiet stealth rally, levels to watch
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08:29 EDTMSFTJPMorgan's business and information services analyst holds a conference call
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May 16, 2013
10:25 EDTMSFTMicrosoft discussing 'glasses' tech with Vuzix, NY Post says
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07:02 EDTMSFTYouTube demands that Microsoft pull YouTube app, The Verge reports
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06:23 EDTMSFTMicrosoft second-generation Surface to be between $249-$299, DigiTimes says
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06:21 EDTMSFTMicrosoft to launch 8-inch Surface in June, Digitimes says
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05:59 EDTMSFTHigh tech firms involved in immigration battle, WSJ reports
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