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Stock Market & Financial Investment News

News Breaks
May 16, 2014
08:12 EDTSNE, MSFT, ATVI, EA, TTWO, GMESony console sales pass Microsoft for fourth straight month, Bloomberg says
Sony's (SNE) PlayStation 4 surpassed Microsoft's (MSFT)ís Xbox One in April to rank first in U.S. console sales, prolonging its lead for a fourth consecutive month, according to Bloomberg, citing data from NPD Group. Hardware sales in April increased 76% to $192.8M from last year, while software excluding titles for PCs decreased 10% to $227.9M. Companies who provide games for both consoles include Activision Blizzard (ATVI), Electronic Arts (EA) and Take-Two (TTWO), while GameStop (GME) is a game and console retailer. Reference Link
News For SNE;MSFT;ATVI;EA;TTWO;GME From The Last 14 Days
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September 18, 2014
12:44 EDTMSFTMicrosoft laying off 2,100 employees today, company tells CNBC
12:37 EDTMSFTMicrosoft lays off 2,100 employees, Seattle Times reports
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11:39 EDTSNESony's no-dividend policy could be sign of hope, not doom, Nikkei reports
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11:20 EDTTTWOTake-Two says will be profitable for foreseeable future
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11:16 EDTTTWOTake-Two says best use of cash is game development projects
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10:17 EDTSNESony Computer Entertainment division upbeat on 2014 profit, Reuters reports
The head of Sony's PlayStation division aims to raise its profit outlook for 2014 due to the strong sales of the latest PalyStation 4 and the rollout of games and content for its network services, reports Reuters. In an interview with Reuters, Sony Computer Entertainment CEO Andrew House said We raised our profit prediction and I hope that's a trend we can continue, even within this fiscal year." Sony has sold 10.3 million PlayStation 4 consoles as of Sept. 6. Reference Link
07:32 EDTTTWOMKM Partners to hold a conference
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07:27 EDTSNESony CEO says 'running out of options' for electronics unit, WSJ reports
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07:26 EDTSNEGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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06:45 EDTSNEMobile DRAM bit growth to reach 37.5% in 2H14, DigiTimes Research reports
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05:34 EDTMSFTInfosys expands partnership with Microsoft
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September 17, 2014
13:41 EDTATVISell-through suggests 10M unit Destiny estimate may be low, says Piper Jaffray
Piper Jaffray said Activision's Destiny sell-through of over $325M in its first five days equates to over 5M units, giving the firm confidence in its year-end estimate for 10M Destiny units sold and making that estimate seem potentially too low. Piper maintains its Overweight rating and $27 price target on Activision.
12:39 EDTATVIActivision Blizzard sell-off on Destiny data overdone, says RW Baird
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11:24 EDTATVIActivision Blizzard weakness a buying opportunity, says Pacific Crest
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11:22 EDTATVIActivision reports Destiny grosses over $325M in first five days
Activision Publishing, a wholly owned subsidiary of Activision Blizzard, announced that its Destiny franchise sold-through more than $325M worldwide in its first five days, citing Chart-Track, first parties, retail customer sell-through information and Activision Blizzard internal estimates. Destiny players logged more than 100M hours of online play by the end of the first week and participated in 137M activities, according to Bungie, the company added.
09:10 EDTSNEOn The Fly: Pre-market Movers
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07:08 EDTSNESony volatility expected to move after raises its net loss forecast
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06:39 EDTMSFTMicrosoft planning new wave of layoffs for this week, ZDNet reports
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06:18 EDTSNEAU Optronics enters Sony SmartWatch 3's supply chain, DigiTimes reports
AU Optronics (AUO) has entered Sony Mobile's (SNE) supply chain for the SmartWatch 3, reports DigiTimes. AUO will supply 30% of the 1.6-inch panels for the new smartwatch. Reference Link
05:34 EDTSNESony lowers FY14 net loss estimate to 230B from 50B yen
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