THQ (THQI) was upgraded today by analysts at Wedbush Morgan and the stock is now at $4.92, up $0.23 (4.91%) on volume of 715,428 shares traded. The brokerage upped TH...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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NPD reported that US video-game sales fell 19% in October as the industry suffered from tough comps and consumers pulled back from discretionary buys. It's not actually news since we've recently seen mixed earnings results from the likes of Activision (ATVI) Electronic Arts (ERTS) THQ (THQI) and Nintendo.The question is when will things really come back?My last best and 100% wrong guess was September when titles like The Beatles: Rock Band and Guitar Hero 5 ended up disappointing (see Why It May Not Be Game-Over for GameStop.) The industry is now looking at November as the month when the ...
Video game sales for the U.S. make a weak showing in October, falling by 18% compared to the same period last year, due to the rough economy and difficult comparisons.
BloggingStocks: Activision Blizzard (NASDAQ: ATVI) published third-quarter results on Thursday after the bell. I can't say I was wholly taken with them. I know the best is probably yet to come once the Christmas shopping season really gets under way, but I was a ... Read more
BloggingStocks: Analyst upgrades:
Deutsche Bank upgraded Vale SA (NYSE: VALE) to Buy from Hold on expectations the company will benefit from higher realized prices. The firm raised its target on shares to $30 from $23.
Soleil upgraded Education Management ... Read more
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AIG (AIG) - The bounce this afternoon from its 50-dma looks like an entry point. I would use a tight stop under today’s low. I’d target the $44.98-45.90 zone.
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THQ Inc. (THQI) is bouncing from a test of technical support at $5.64. This afternoon’s bounce ...
This week Mr Gaskins looks at CastlePoint (CPHL) is a Bermuda holding company organized to provide property and casualty insurance and reinsurance business solutions, products and services primarily to small insurance companies and program underwriting agents in the United States. Tower Group Inc. (TWGP) is the sponsor for Castle's IPO
Cheniere Energy Partners (CQP) is a limited partnership formed in November 2006 by Cheniere Energy, Inc (LNG) Cheniere Energy Partners has been authorized to list its common units on the American Stock Exchange under the symbol CQP. The partnership will develop, own and operate the Sabine Pass liquefied natural gas receiving terminal under construction in western Cameron Parish, La. Other energy related IPOs so far this year include Duncan Energy Partner (DEP) Legacy Reserve (LGCY) MV Oil Trust (MVO) Targa Resources (NGLS)
Glu Mobile (GLUU) is a leading global publisher and developer of more than 100 casual and traditional games for the mobile market based on third-party licensed brands. Competitors include Electronic Arts Inc. (ERTS) and THQ Inc. (THQI)
Also hear comments about private equity firm Blackstone's potential IPO.
Data on last weeks IPOs are as follows: FCStone Group (FCSX) +30% BigBand Network (BBND) +28% Tongjitang Chinese Medicines (TCM) -2.5%
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