Here is what a well-respected hedge fund, Lone Pine Capital, is buying, according to an investor letter and regulatory filings.» Read More
Jim Cramer rattles off his take on caller favorite stocks, including this popular tech play.
Nov 11- Videogame maker Activision Blizzard Inc said "Call of Duty: Black Ops III" generated more than $550 million in global sales in the first three days after its Friday release, setting the tone for the crucial holiday quarter. On Sony's PlayStation 4 console, "Black Ops III" set a record as the best-selling digital game by units sold on its first day, Activision...
Large cap companies dominate the year's growth in the S&P 500. If the index were weighted equally, it would be in the red.
The video game company on Friday introduced Activision Blizzard Studios, which will create original movies based on its library of game titles.
Nov 6- Activision Blizzard Inc has launched a film and TV studio to create original content based on its popular videogame franchises such as "Call of Duty" and "Hearthstone" in its latest push to expand beyond console-based games. Activision Blizzard Studios' first production will be " Skylanders Academy," an animated TV series based on the company's toys-to-life...
Activision Blizzard Studios' first production will be " Skylanders Academy," an animated TV series based on its role-playing toys-to-life videogame "Skylanders.
Nov 3- "FarmVille" game maker Zynga Inc said Chief Financial Officer David Lee was stepping down and Chief Accounting Officer Michelle Quejado was taking over as interim CFO. Zynga also said it would delay the launch of the "Dawn of Titans" and "CSR2" games to 2016 from the fourth quarter planned earlier. Founder Mark Pincus, who returned as chief executive this year,...
The company behind FarmVille delivered quarterly earnings that beat analyst estimates.
Nov 3- A fifth straight day of gains for energy shares drove U.S. stocks higher on Tuesday, while big tech names also helped propel the major indexes. "I think there has been a real desire on the part of some investors to take advantage of depressed valuations," Eric Wiegand, who is a senior portfolio manager with U.S. Bank Wealth Management in New York.
*S&P energy sector up 2.09 pct; Chevron, Exxon lead. *Visa rebounds after Monday's drop, props up Dow. Nov 3- A surge in oil prices fueled a rally in energy companies, helping the S&P and Nasdaq reverse course to move higher in afternoon trading on Tuesday, while the Dow added to its gains.
Even in a world of start-up unicorns and big mergers, Activision-Blizzard's $5.9 billion buyout of King Digital is a head turner.
Activision Blizzard announced the company would acquire King Digital for $5.9 billion. Here's the user habits that make it such a valuable acquisition.
Activision Blizzard acquired the developer of "Candy Crush" for $5.9 billion. Investors should be wary of hyping the mobile gaming space on the news.
*S&P energy sector up 1.9 pct; Chevron, Exxon lead. Nov 3- A rally in energy stocks and a rebound in Visa helped the Dow inch higher on Tuesday, while the S&P 500 and Nasdaq were little changed, with gains offset by a decline in healthcare and consumer shares. "We're off a little bit this morning, but I think it's more just people not knowing where to go," said Michael Bapis,...
*Energy stocks help Dow eke out small gain. *Fitbit down on lockup restriction lift, share offering. Nov 3- The S&P 500 and Nasdaq were marginally lower on Tuesday morning led by a decline in healthcare and consumer stocks, but a rally in oil stocks helped the Dow eke out a small gain.
*Fitbit down on lockup restriction lift, share offering. Wall Street closed higher on Monday, following the best monthly performance of the major indexes in four years in October. It's a digestion of yesterday's strength, "said Andre Bakhos, managing director at Janlyn Capital in Bernardsville, New Jersey.
U.S. stock index futures pointed to a lower open Tuesday, as investors paused for breath after the S&P 500 breached the 2,100-point level on Monday.
Some of the names on the move ahead of the open.
*Global stocks declined slightly as European shares reeled as Volkswagen's emissions scandal widened to include Porsche and Audi. *Kellogg is scheduled to report before the bell and CBS, Groupon and Tesla will post results after the close. *Strong results from blue-chips have helped lift sentiment, with S&P 500 companies now expected to report a 0.9 percent...
U.S. stock futures were lower this morning, after November got off to a rousing start, with the Dow joining the S&P 500 and Nasdaq in positive territory for the year.