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Stock Market & Financial Investment News

News Breaks
February 5, 2013
16:17 EDTTTWOTake-Two sees FY13 EPS 5c-20c, consensus 15c
Sees revenue $1.15B-$1.20B, consensus $1.18B
News For TTWO From The Last 14 Days
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August 29, 2014
12:49 EDTTTWOStocks with increasing volume options volume
Stocks with increasing volume options volume: OXY HD RSH UTHR IRF TTWO CONN
12:00 EDTTTWOTake-Two rises after speculated as potential Activision target
Shares of video game maker Take-Two (TTWO) are rising after an analyst speculated that it could be acquired by another company in the space, Actvision Blizzard (ATVI). WHAT'S NEW: Dan Houser. the co-founder of key Take-Two division Rockstar Games, appears to be quite fond of Hollywood and Los Angeles, as many of Rockstar's games involve that genre, Benchmark analyst Mike Hickey wrote in a note to investors today. Additionally, there is speculation that Take-Two Interactive could be considering a movie based on Rockstar's hit Grand Theft Auto game, according to the analyst, who adds that Rockstar would control the development of the movie. Activision is based near Los Angeles and it may be in the process of entering the movie business, according to Hickey. Activision's possible foray into movies could stem partly from the larger company being interested in Take-Two, Hickey contended. Such an acquisition would be a "no-brainer" for Activision, given Take-Two's strong development talent and intellectual property, along with its nearly $1B in cash and attractive valuation, the analyst stated. He kept Buy ratings on both stocks. PRICE ACTION: In late morning trading, Take-Two rallied 4% to $23.39 and Activision advanced 0.4% to $23.44.
11:29 EDTTTWOTake-Two calls active, could be Activision takeover target, says Benchmark Co.
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11:21 EDTTTWOTake-Two could be Activision takeover target, says Benchmark Co.
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August 25, 2014
08:01 EDTTTWO2K says WWE SuperCard exceeds 1.5M downloads in first week
2K (TTWO) announced the larger-than-life, action-packed collectible card game, WWE (WWE) SuperCard, was downloaded more than 1.5 million times during its first week of release.
August 22, 2014
11:59 EDTTTWOGameStop surges after Q2 EPS, revenue beat expectations
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August 15, 2014
06:01 EDTTTWOJuly NPD video game software sales fell 15%, says Piper Jaffray
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