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Activision Blizzard Still A Buy Despite 20% Share Pop, Says Argus
Wednesday, February 15, 2017 - 10:15am | 426Read More...Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) is still a Buy at Argus even after shares climbed 20 percent following the company’s strong fourth-quarter results, which were powered by "Overwatch" and King Digital’s "Candy Crush." Video Games The February 2016 acquisition of King...
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'Pachter Factor' Talks Nintendo, Virtual Reality And Gaming Stocks
Saturday, May 14, 2016 - 5:42pm | 438Read More...Michael Pachter is an analyst at Wedbush who weekly contributes to SIFTD.net about the video gaming world. In response to the prompt "does Nintendo Co., Ltd (ADR) (OTC: NTDOY) have enough resources to survive if the NX sells poorly? Must the NX be a hit for the company?" Michael Pachter responded...
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Markets Higher In Another Quiet Session Ahead Of Expiration Of Ceasefire Between Israel And Hamas
Wednesday, August 13, 2014 - 4:43pm | 2982Read More...U.S. stocks rose for the third time in four days bringing the Dow back into positive territory for the year. Investors appeared to brush up poor retail sales from Macy's while focusing on business inventories that rose in June. On the international front, Ukraine said it would not allow...
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Markets Mostly Higher As Earnings Season Continues To Impress
Wednesday, July 23, 2014 - 4:55pm | 2953Read More...U.S. stocks were mostly higher as investors and traders continue to weigh in on earnings from large-cap companies like Apple, Microsoft, Facebook, and momentum high-flyers like Chipotle Mexican Grill and Intuitive Surgical. Despite geopolitical concerns, the S&P 500 managed to close at a...
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Markets Marginally Lower Ahead Of Earnings Season
Monday, July 7, 2014 - 4:37pm | 1929Read More...U.S. stocks were slightly lower as investors digested a report by Goldman Sachs speculating that the Fed Funds rate may be increased in the third quarter of 2015, earlier than expected. Earnings season unofficially kicks off this week with Alcoa (NYSE: AA) reporting on Tuesday. Many Dow...
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Analysts Almost Unanimously Bullish On Candy Crush Maker
Tuesday, May 6, 2014 - 5:03pm | 1509Read More...King Digital Entertainment (NASDAQ: KING) on February 18 filed for a $500 million IPO on the New York Stock Exchange. King is best known for its extremely addicting Candy Crush app. King saw its net profit surge to $567.6 million in 2013 from $7.9 million in 2012. The company derived most of...
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Market Wrap For May 6: Dow Suffers Triple-Digit Point Loss, Nasdaq Underperforms Once Again
Tuesday, May 6, 2014 - 4:42pm | 2644Read More...U.S. stocks declined on Tuesday after the Dow and S&P 500 closed near all time highs. Momentum names such as Twitter, Facebook, Tesla and others saw heavy losses. Not helping the cause was poor earnings by American International Group on Monday which dragged the financial sector lower....
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Market Wrap For May 5: Dow Erases Triple-Digit Loss, All Three Major Indices Positive
Monday, May 5, 2014 - 4:36pm | 2443Read More...U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...
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Market Wrap For March 27: Markets Lower Following Mixed Economic Data
Thursday, March 27, 2014 - 5:39pm | 2145Read More...U.S. stocks were slightly lower as positive labor market data clashed with fourth quarter GDP estimates that showed the economic expanded less than economists had expected. Major indices finished slightly lower as the Nasdaq index continues to see its losses fall sharper compared to the Dow and...
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IPO Investor Look Ahead For The Week Of March 24, 2014
Tuesday, March 25, 2014 - 3:54pm | 548Read More...Since January 1, 56 fresh IPOs have raised over $9.2 billion in gross proceeds and the current IPO market is just heating up. The madness continues this week, with 11 companies slated to begin trading shares publicly. Expected to open for trading this week are: CBS Outdoor Americas, Inc (...











