Posts for Ticker ‘GME’

The Unusual Suspects (ADBE, AIXG, GME, HAS, BBY, CIEN, LGF, ORCL, OSIP, PALM, SOMX, TEVA, TIF, CSCO, PFE, AMGN, RIMM)

This week is a jam packed list full of the Unusual Suspects.  We have many earnings reports, enough that we had to screen out some, and we have many issues to watch for news, charts, and coming developments to watch. This week’s list of Unusual Suspects is Adobe Systems Inc. (NYSE: ADBE), Aixtron Aktiengesellschaft (NASDAQ: AIXG), GameStop Corp. (NYSE: GME), Hasbro Inc. (NYSE: HAS), Best Buy Co. Inc. (NYSE: BBY), Ciena Corp. (NASDAQ: CIEN), Lions Gate Entertainment Corp. (NYSE: LGF), Oracle Corp. (NASDAQ: ORCL), OSI Pharmaceuticals Inc. (NASDAQ: OSIP), Palm, Inc. (NASDAQ: PALM), Somaxon Pharmaceuticals Inc. (NASDAQ: SOMX), Teva Pharmaceutical Industries Limited (NASDAQ: TEVA), and Tiffany & Co. (NYSE: TIF).

In this issue you will see detailed previews, coming expectations. relevant price and trading ranges, chart data, and other color for each situation where applicable.

Read More »

The Twitter-24/7 Wall St. Daily Stock Watch 3.19

Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networds in the world. All major media companies have a presence on Twitter and some are followed by over one million Twitter users.

24/7 Wall St. will look at the Twitter posts at Reuters Biz, WSJ, Financial Times, CNN Money, MarketWatch, CNBC, and 24/7 Wall St. each day to see which stocks are most frequently mentioned. It is clear that in this area of social media these tweet are a sign of which companies the Twitter universe is interested in. These financial sites are followed by a combined 625,000 Twitter users which makes them a sizeable sample of Wall St.’s interests. In some cases, we will publish the actual tweets from the sites.

Each tweet has the source and the tweet itself.

A great deal of the focus on financial media Twitter pages was on Apple’s (AAPL) iPad and the death of board member Jerome York. Google’s (GOOG) China problems were also mentioned frequently. Earnings from Palm (PALM) and GameStop (GME) were prominent in discussions of corporate financial results

Read More »

Retail Rumor Watch: SuperValu versus GameStop (SVU, GME)

When was the last time you kept a retailer buyout rumor on a watch list?  Or two retailers for that matter?  Friday’s trading was mixed with two buyout rumors in the retail segment.  GameStop Corp. (NYSE: GME) and SuperValu Inc. (NYSE: SVU).  The issue at hand is if private equity is back to making deals.  In these two particular cases, one buyout may make sense but one seems rather hard to fathom.

Read More »

The Unusual Suspects (AMLN, LLY, ALKS, ESLR, ENER, DPS, ATHN, SQNM, ABK, NKE, FDX, GME, COMS, PALM)

This week we have several issues to watch.  Earnings season is mostly done but there are still many on deck in this week’s unusual suspects.  Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN), Eli Lilly & Co. (NYSE: LLY) and Alkermes, Inc. (NASDAQ: ALKS) are still in the ‘pending’ status for FDA.  Evergreen Solar (NASDAQ: ESLR), Energy Conversion Devices (NASDAQ: ENER), and Dr. Pepper Snapple Group, Inc. (NYSE: DPS) are all touched in Barron’s.  Next week we have AthenaHealth, Inc. (NASDAQ: ATHN), Sequenom In.c (NASDAQ: SQNM), AMBAC Financial (NYSE: ABK), Nike Inc. (NYSE: NKE), FedEx Corporation (NYSE: FDX), GameStop Corp. (NYSE: GME), 3Com (NASDAQ: COMS) and Palm, Inc. (NASDAQ: PALM) are all scheduled to report earnings.  We have handicapped the events with basic previews and Thomson Reuters, and we have added color for traders on what else to look for outside of the numbers.

Read More »

Next Week’s Can’t Miss Earnings (ATHN, SQNM, ABK, NKE, FDX, GME, COMS, PALM)

Earnings season is over.  Well, sort of.  We have the delayed reports and the reports from companies which have off-regular quarterly or fiscal earnings.  Next week we have AthenaHealth, Inc. (NASDAQ: ATHN), Sequenom Inc. (NASDAQ: SQNM), AMBAC Financial (NYSE: ABK), Nike Inc. (NYSE: NKE), FedEx Corporation (NYSE: FDX), Gamestop Corp. (NYSE: GME), 3Com (NASDAQ: COMS) and Palm, Inc. (NASDAQ: PALM) are all scheduled to report earnings.  We have handicapped the events with basic previews and Thomson Reuters, and we have added color for traders on what else to look for outside of the numbers.

Read More »

More Troubles Brewing in Video Game Land? (GME, WMT, ATVI, ERTS, AAPL)

There is one headline about management that almost always brings up concerns from the financial community…..  CFO Resignations.  GameStop Corp. (NYSE: GME) is paying a price this morning because CFO Catherine Smith left the company.  To make matters worse, she only joined GameStop late in 2009.  Smith took a job with Wal-Mart Stores Inc. (NYSE: WMT) in the Walmart International operations.  When CFOs resign and already have a job lined up it is usually less of a concern than when CFOs resign for personal reasons or due to fundamental disagreements.  In the case of GameStop, the news implications here might not just be that the added bad news is a ‘one and done’ scenario.

Read More »

Top 10 Analyst Upgrades and Downgrades (ERTS, GME, LAMR, MON, NBG, SWIR, SNWL, TWX, VZ, WBSN)

These are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning:

Electronic Arts (NASDAQ: ERTS) Cut to Hold at Needham.
GameStop Corp. (NYSE: GME) Cut to Neutral at Credit Suisse.
Lamar Advertising (NASDAQ: LAMR) Raised to Outperform at Wells Fargo.
Monsanto Co. (NYSE: MON) Raised to Buy at BofA/Merrill Lynch.
National Bank of Greece (NYSE: NBG) Cut to Sell at Goldman Sachs… a little too late.
Sierra Wireless (NASDAQ: SWIR) Raised to Outperform at RBC.
Sonicwall Inc. (NASDAQ: SNWL) Raised to Overweight at JPMorgan.
Time Warner Inc. (NYSE: TWX) Started as Hold at Needham.
Verizon Communications (NYSE: VZ) Raised to Market Perform at Bernstein.
Websense, Inc. (NASDAQ: WBSN) Cut to Neutral at JPMorgan.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

JON C. OGG
FEBRUARY 9, 2010

24/7 Wall St. 2010 Major Retailer Store Closing List

Each year some large retailers face the fall-out of a weak holiday season. The problem was particularly acute in 2009 because the improvement from 2008 was modest if there was any improvement at all. The 2008 holiday sales period was one of the worst on record. There is some evidence that e-commerce revenues improved, but most of that money went to virtual stores, particularly Amazon. Read More »

Wii Losing Its Cool & Partners’ Money (NTDOY, MSFT, SNE, GME)

Nintendo (NTDOY) had a major winner on its hands with the Wii gaming system.  Yet no fad lasts forever.  It has been known for some time that the Wii gaming system was falling victim to the same trends of slowing video game console sales hurting the Microsoft Corp. (NASDAQ: MSFT) Xbox 360 and Sony (NYSE: SNE) PlayStation 3.  But now things are really slowing down here for the console maker, even to the point that it seems that Nintendo’s parts suppliers are feeling the crunch.  This spells more caution for the sector.
Read More »

“Call of Duty: Modern Warfare 2″ Blows Records Away (ATVI, GME, MSFT)

Activision Blizzard, Inc. (NASDAQ: ATVI) may actually hit that $500 million first week target after all.  The company has announced this morning that since the 12:00 launch on Tuesday that its much-hyped “Call of Duty: Modern Warfare 2″ has become the biggest launch in history across all forms of entertainment.  Forget Star Wars, forget Halo 3.  The company has put the internal estimated sell-through sales at a figure of $310 million in North America and the United Kingdom alone in just the first 24 hours. The company also estimates that it sold approximately 4.7 million copies in just North America and the United Kingdom.
Read More »

Top Analyst Upgrades, Downgrades, Initiations (ADBE, BCS, STV, FPL, FLR, GME, PCLN, TOL, TSN, TROW)

These are this Wednesday’s top 10 analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

Adobe Systems NASDAQ: ADBE) Cut to Perform at Oppenheimer.
Barclays plc (NYSE: BCS) Cut to Hold at RBS.
China Digital TV (NYSE: STV) Cut to Neutral at Piper Jaffray.
FPL Group (NYSE: FPL) Raised to Buy at Citi.
Fluor (NYSE: FLR) Raised to Hold at Citi.
GameStop (NYSE: GME) Removed from Convition Buy List at Goldman Sachs (still Buy rated).
Priceline.com (NASDAQ: PCLN) Cut to Neutral at Credit Suisse.
Toll Brothers (NYSE: TOL) Raised to Outperform at Wells Fargo.
Tyson Foods (NYSE: TSN) Cut to Neutral at JPMorgan.
T. Rowe Price (NASDAQ: TROW) Raised to Outperform at Credit Suisse.

You can join our open email distribution list which goes out several times per week to be notified of key merger news, key analyst calls, top early morning day trader alerts, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Top Analyst Upgrades (APSG, BWA, CBI, ETH, GME, PIR, TD, WSM)

These are some of the top pre-market analyst upgrades and positive research calls that we have seen from Wall Street firms early this Monday morning:

Applied Signal (APSG) Raised to Buy at Colliins-Stewart.
Borg Warner (BWA) Raised to Outperform at Wells Fargo.
Chicago Bridge & Iron (CBI) Raised to Overweight at JPMorgan.
Ethan Allen (ETH) Raised to Hold at KeyBanc.
GameStop (GME) Raised to Conviction Buy List at Goldman Sachs.
Pier-1 Imports (PIR) Raised to Hold at KeyBanc.
TD Bank (TD) Raised to Outperform at RBC.
Williams-Sonoma (WSM) Raised to Hold at KeyBanc.

JON C. OGG

Top Day Trader Alerts (ARAY, COCO, GME, HGSI, NVAX, BCRX, SIRI)

These are this Tuesday’s top day trader and active trader alerts with more detailed price and volume data and analysis provided by links to each story at VSInvestor.com:

Accuray Incorporated (NASDAQ: ARAY) is down but not as active on the heels of active trading last night.  We saw a drop of 10% still being in the stock….

Corinthian Colleges, Inc. (NASDAQ: COCO) did beat earnings and raise guidance, sending shares up 12% and still under the 52-week highs.  Watch APOL and CECO on the news….

GameStop Corp. (NYSE: GME) is indicated marginally lower after losing its CFO.

Human Genome Sciences, Inc. (NASDAQ: HGSI) was up the most of the active biotechs up over 7% on yesterday’s deal hopes and today’s swine flu hopes.

Novavax Inc. (NASDAQ: NVAX) and BioCryst Pharmaceuticals Inc. (NASDAQ: BCRX) are both actively traded and higher this morning because of the swine flu boost.

SIRIUS XM Radio Inc. (NASDAQ: SIRI) is looking a little tired, but this would be a 6th day gain if it can stay strong again.

-The 24/7 Wall Street Team

Media Digest 8/25/2009

newspaperReuters:   Bernanke will be reappointed as Fed chief.

Reuters:   New deficit projects could hurt Obama’s plans.

Reuters:   The SEC and Bank of America (BAC) asked a judge again to approve a deal regarding Merrill Lynch bonuses.

Reuters:   GM is considering keeping Opel. Read More »

Video Game Sector Preps For Tough Year-End (GME, SNE, MSFT, ERTS, AMZN, NTDOY, TTWO, ATVI)

burning-money-picThe video game sector was supposed to be one of the relative beneficiaries of the recession even if it was not to be entirely immune.  The sector was part of the ‘in-living room entertainment’ trade.  Yet, it isn’t working out that way.  It seems that there has been almost no good news in the sector and the economic recovery is skipping the leaders.  Earnings from GameStop Corp. (NYSE: GME) were not helped at all by guidance.  Sony Corporation (NYSE: SNE) has potentially started a war of emasculation among console makers with its recent price cuts.  And game publisher Electronic Arts Inc. (NASDAQ: ERTS) gave a poor showing with its most recent results.  Recent NPD data for video game sales showed some of the worst reports imaginable.
Read More »

Madden 2010 Sales To Fuel GameStop (GME)

wii

Over the past week, the 24/7 Wall St./The Channel Checkers poll surveyed Gamestop and EB Games stores across the United States to track sales trends of gaming consoles and video games.  We asked the following questions:

1. What is the best selling video game right now?
2. What is the best selling game platform?
3. What will be the next big game released over the next 3 months? Read More »

Ahead of E3, Microsoft Shows 30 Million Xbox 360 Users (MSFT)

XBOX LogoMicrosoft Corp. (NASDAQ: MSFT) is making some strong projections and updates for its Xbox video gaming system.  The company noted that global sales of the Xbox 360 unit have now crossed the 30 million mark, and the Xbox LIVE has passed the 20 million mark.
Read More »

Media Digest 5/22/2003 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Chrysler is already seeing positive effects from bankruptcy.

Reuters:   The US is working with GM (GM) on a Chapter 11 filing as the June1 deadline looms.

Reuters:   Pimco’s Gross says US is at risk of losing its AAA rating.

Reuters:   The US closed BankUnited and sold it to private equity interests.

Reuters:   AIG’s (AIG) Liddy stepped down as CEO.

Reuters:   The trillion dollar bailout is beginning to shake market confidence in the US economy.

Reuters:   New reports show the US has a bumpy road ahead as it moves toward recovery. Read More »

The 24/7 Wall Street-Channel Checkers Look At GameStop (GME)

bank4As part of The 24/7 Wall St–The Channel Checkers survey series, 0ver the past week, The Channel Checkers surveyed 24 GameStop (GME) and EB Games (same parent company) stores across the United States  to track sales trends of gaming consoles and video games.

Here is what we asked:

1. What is the best selling game platform?
2. What is the best selling video game right nowt?
3. What will be the next big game released over the next three months? Read More »

Top Analyst Upgrades (ARRS, ASH, FCS, GME, ONNN, RTN, RVBD, VOD)

These are the top pre-market analyst upgrades or positive calls from Wall Street which we have seen early this Wednesday morning:

Arris (ARRS) Started as Overweight at Thomas Weisel.
Ashland (ASH) Raised to Overweight at JPMorgan.
Fairchild Semi (FCS) Raised to Buy at UBS.
GameStop (GME) Started as Buy at Needham.
ON Semiconductor (ONNN) Raised to Buy at UBS.
Raytheon (RTN) Started as Outperform at Morgan Keegan.
Riverbed Technology (RVBD) Started as Overweight at Thomas Weisel.
Vodafone (VOD) Raised to Buy at Goldman Sachs.

JON C. OGG