Activision Blizzard shares soared Friday morning, following a better-than expected earnings report late Thursday due to strong game sales over the holidays, particularly of its Call of Duty series.
A weak forecast from GameStop took down the entire video game sector. But now we have a conflicting report from NPD Group indicating that sales were better industry-wide.
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, January 15.
Shares of video-game retailer GameStop slumped Tuesday after the company unexpectedly reported lower-than-expected holiday sales and cut its guidance for the fiscal fourth quarter.
Research firm Retail Metrics released its preliminary estimates for December same-store sales Tuesday morning, along with its fourth-quarter outlook for same-store sales growth. Neither is headed toward the levels expected a month…
MicrosoftU.S. spending on digital games is declining. In 2012, the total spend was about $21.9 billion compared with an expected total of $20.5 billion in 2013. But the news isn’t all bad.…
courtesy of Apple Inc.Like most firms that we cover on Wall Street, Piper Jaffray has updated its top names to buy for 2014, and the firm has an extensive market commentary to…
ThinkstockStocks are still close to all-time highs as the new year approaches, and investors have to start positioning themselves for 2014. 24/7 Wall St. reviews dozens of Wall Street analyst reports each…
MicrosoftIn an announcement Wednesday morning touting its sale of more than 2 million of its new Xbox One game consoles, Microsoft Corp. (NASDAQ: MSFT) said, “Demand is exceeding supply in our 13…
courtesy of NvidiaMicrosoft Corp. (NASDAQ: MSFT) has answered Sony Corp. (NYSE: SNE) in the video game console wars, sort of. The software and would-be technology giant sold more than 1 million Xbox…
ThinkstockThe Piper Jaffray consumer research team was given some help from the technology research team and has laid out an initial holiday road map for investors in a new research report. They…
The first half of 2013 signaled that many significant business turnarounds actually were taking hold. After going back over our list of nine promising turnaround stocks from April, it turns out that many have…
courtesy GameStop Corp.It is very well known that the video game sector is about to get an entire refresh cycle. Sony Corp. (NYSE: SNE) is launching a new PlayStation and Microsoft Corp.…
Jon OggIt is Friday and the markets have another monthly employment report to absorb, but Wall Street analysts also have many research calls that have been made. 24/7 Wall St. reviews many…
June 28, 2013: U.S. equity markets opened lower this morning after a few days of stronger openings, mainly because investors were waiting for some economic data. They didn’t have to wait long…
