New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 26, 2013
19:50 EDTEA, GME, ZNGA, ATVI, TTWO, THQI, GLUU, COOLTHQ to sell certain remaining intellectual properties
THQ announced that it will sell certain of its remaining intellectual properties via a court-supervised sale process. Last month, THQ sold the majority of its studios and games in development as part of its Chapter 11 case. The company expects to complete the bidding and sale process for these remaining IP assets by mid-May. The company has designated six lots of IP titles for bidding: Darksiders; Red Faction; Homeworld; MX; Other Owned Software, including Big Beach Sports, Destroy All Humans!, Summoner, and more; and Other Licensed Software, including Marvel Super Hero, Supreme Commander, Worms, and more. Initial bids must be submitted by April 1. Final bids are required by April 15. The company, in consultation with its unsecured creditors committee, will determine the best and highest bid for each lot and designate a back-up bid. In May, the sales will be presented to the court for final approval. THQ has received more than 100 expressions of interest in purchasing various titles; consequently, a vigorous sale is anticipated.
News For THQI;ZNGA;COOL;TTWO;GME;GLUU;ATVI;EA From The Last 14 Days
Check below for free stories on THQI;ZNGA;COOL;TTWO;GME;GLUU;ATVI;EA the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 15, 2014
10:31 EDTGMEGameStop to host two day investor day
Two day investor day will be held in Dallas on April 21 at 7 pm and on April 22 at 9 am. Webcast Link
April 14, 2014
16:00 EDTZNGAOptions Update; April 14, 2014
iPath S&P 500 VIX Short-Term Futures down 32c to 44.41. Option volume leaders: AAPL C GILD TSLA LNG NQ BAC ZNGA according to Track Data.
April 11, 2014
13:01 EDTZNGAOn The Fly: Midday Wrap
Stocks on Wall Street were lower again at midday, with the Dow being weighed on by a disappointing earnings report from banking giant JPMorgan (JPM). The reports from JPMorgan and peer Wells Fargo (WFC) certainly seemed to have more of an impact on market sentiment than the better than expected University of Michigan consumer confidence reading. ECONOMIC EVENTS: In the U.S., the Producer Price Index jumped 0.5% in March, versus expectations for it to be up 0.1%. The University of Michigan consumer sentiment reading jumped to 82.6 in the preliminary April look, which was better than forecast and its highest reading since July. COMPANY NEWS: JPMorgan and Wells Fargo kicked off earnings season for the major banks, with their stocks moving in opposite directions to mirror their earnings results. Dow member JPMorgan slipped more than 3% after its earnings per share and revenue significantly trailed consensus estimates, while Wells shares gained about 1.5% after the bank's profits beat the consensus forecast. Both noted, however, that their capital levels continued to strengthen during the quarter and both gave optimistic views on their ability to continue to reduce expenses. MAJOR MOVERS: Among the notable gainers was BofI Holding (BOFI), which rose 11% near midday after the company last night announced a deal to acquire H&R Block's (HRB) bank assets. H&R Block shares were down over 2% near noon. Also higher was mobile game maker Zynga (ZNGA), whose shares gained almost 3% after the company announced a new CFO and the stock was upgraded to Equal Weight by analysts at Morgan Stanley. Another gainer, Zygo (ZIGO), jumped 31% after the company agreed to be acquired by Ametek (AME) for $19.25 per share in cash in a deal that represents an aggregate enterprise value of $280M for Zygo. Shares of Ametek also rose 1.5% following the deal announcement. Among the noteworthy losers was 3D-printer maker Voxeljet (VJET), which fell 16% after its 3-million-share secondary offering of common stock priced at $15.00. Also lower was NQ Mobile (NQ), a recent target of noted short-seller Carson Block, which dropped over 13% after its profit missed expectations and the company disclosed that it found accounting errors in its recent reports. INDEXES: Near midday, the Dow was down 81.88, or 0.51%, to 16,088.34, the Nasdaq was down 15.30, or 0.38%, to 4,038.80, and the S&P 500 was down 6.89, or 0.38%, to 1,826.19.
12:42 EDTZNGAOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:13 EDTZNGAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Fastenal (FAST), up 3%... Wells Fargo (WFC), up 0.2%. ALSO HIGHER: H&R Block (HRB), up 5% after announcing a deal for BofI (BOFI) to acquire H&R Block's bank assets. Bofi up 9.4% after the deal announcement... Zynga (ZNGA), up 1.7% after naming new CFO, shares upgraded to Equal Weight at Morgan Stanley... SINA (SINA), up 2% after announcing up to $500M share repurchase program. DOWN AFTER EARNINGS: JPMorgan (JPM), down 3.7%... NQ Mobile (NQ), down 14.6%. ALSO LOWER: Gap (GPS), down 4% after reporting March SSS fell 6%, shares downgraded at Janney Capital... Voxeljet (VJET), down 16% after 3M share secondary offering priced at $15.00... Datawatch (DWCH), down 29% after cutting its second quarter revenue outlook.
08:15 EDTEAElectronic Arts price target raised to $35 from $32 at Cowen
Cowen raised its price target on Electronic Arts citing the continuation of the console cycle, improved visibility on new titles, and the entrance into strong seasonality. Shares are Outperform rated.
07:59 EDTATVIActivision Blizzard could be pressured by lock-up expiration, says Argus
Subscribe for More Information
06:25 EDTZNGAZynga upgraded to Equal Weight from Underweight at Morgan Stanley
Subscribe for More Information
April 10, 2014
16:06 EDTZNGAZynga CFO Vranesh leaving company, Best Buy's Lee to succeed as CFO
Subscribe for More Information
April 8, 2014
08:16 EDTGLUUGlu Mobile to create James Bond game with EON Productions, MGM Interactive
Glu Mobile announced that the company will partner with EON Productions and MGM Interactive to create a new free-to-play mobile game based on the James Bond film franchise. Scheduled for initial release in summer 2015, the game is inspired by the franchise's rich history, themes, characters, and narratives. Glu's Bond game will be available to mobile audiences worldwide across all major mobile platforms.
April 7, 2014
07:46 EDTATVITurtle Beach reaches licensing agreement with Blizzard Entertainment
Turtle Beach, the gaming audio brand of Parametric Sound (PAMT), announced a new multi-year licensing agreement with Blizzard Entertainment, a subsidiary of Activision Blizzard (ATVI) around the Heroes of the Storm multiplayer game. As part of the agreement, Turtle Beach will develop PC gaming headsets for players.
07:18 EDTZNGAZynga added to Best Ideas List at Wedbush
Subscribe for More Information
April 4, 2014
16:46 EDTATVIActivision Blizzard files to sell 41.5M shares of common stock for holders
Subscribe for More Information
16:17 EDTZNGASAC Capital lowers passive stake in Zynga to 3.9% from 5.3%
Subscribe for More Information
10:02 EDTGMEOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:13 EDTGMEOn The Fly: Pre-market Movers
HIGHER: Mylan (MYL), up 6.8% after report of desire to buy Swedish rival Meda, which confirmed it had been in talks with Mylan but rejected the company's takeover offer. Shares of Mylan were also upgraded to Buy this morning at Citigroup... Mercury Systems (MRCY), up 8.8% after Reuters said Boeing (BA) is considering a takeover bid of the supplier..Micron (MU), up 3% after reporting earnings and revenue that topped expectations... Align (ALGN), up 6% after winning patent case against ClearCorrect... GameStop (GME), up 2.8% following upgrade at BofA Merrill Lynch... Potbelly (PBPB), up 4.6% after upgrade at William Blair.... SYNNEX (SNX), up 18.5% after earnings report. LOWER: CarMax (KMX), down 3.3% after reporting earnings and revenue that fell below expectations... Halozyme (HALO), down 33% after announcing temporary halt of Phase 2 trial enrollment for PEGPH20... Ocean Power (OPTT), down 15% after 3.8M share Spot Secondary priced at $3.10.
09:04 EDTATVIActivision Blizzard price target raised to $24 from $21 at Sterne Agee
Sterne Agee increased its price target on Activision Blizzard as the firm thinks the company's 2014 EPS could beat expectations by a large amount. The firm keeps a Buy rating on the stock.
06:24 EDTEAElectronic Arts hires Sony developer Amy Hennig
Subscribe for More Information
06:12 EDTGMEGameStop upgraded to Buy from Neutral at BofA/Merrill
Subscribe for More Information
April 3, 2014
08:28 EDTGMEChecks indicate GameStop won't be threatened by Wal-Mart, says BB&T
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use