Activision Blizzard CEO Robert Kotick said a change in the video game maker's release schedule caused the company to forecast a weaker than expected fourth quarter, but he spoke confidently about the upcoming release of games such as DJ Hero and Band Hero.
Stocks gained on Thursday as a strong reading on productivity and an easing in jobless claims helped cheer investors. Steve Grasso, director of institutional sales at Stuart Frankel and CNBC market analyst, and Alan Valdes, vice president at Kabrik Trading, shared their market insights.
Considering sales of Windows 7 were just called ‘fantastic” by CEO Steve Ballmer, should you take a long position in Microsoft?
The Fed expressed confidence that a recovery is building—but said it will keep borrowing costs near zero for "an extended period." Is this good news for investors and the markets? Robert Doll, vice chairman and global CIO of equities at BlackRock, shared his insights.
Stocks ended mixed Wednesday as a post-Fed rally fizzled. Stocks had opened higher as investors cheered some encouraging readings on the economy, then swung in about a 50 point range after the Fed's statement, before finishing narrowly mixed.
Warren Buffett agreed to buy one of America’s largest railroad companies in a deal valued at $44 billion. So what does Buffett’s move say about investing in America right now? David Pearl, co-CIO of Epoch Investment Partners, shared his insights.
Stocks rallied Wednesday after the Fed's statement. The market had been higher before the statement as investors cheered some encouraging readings on the economy, then swung a little right after the statement before barreling higher.
When is a layoff really a layoff? A job cut versus a position elimination? Such was the craziness around Microsoft's "layoff" news today and why there was so much confusion swirling around about whether the company was expanding or even contracting its job-cut plans announced earlier this year.
Microsoft says it is cutting 800 more jobs. That's in addition to the 5,000 layoffs it announced in January.
New York Attorney General Andrew Cuomo filed some salacious charges this morning, accusing Intel of using "illegal threats and collusion" to control the microprocessor market.
As more nervousness creeps into the US stock market, investors are sharpening their look at overseas opportunities where growth is outpacing the US recovery.
Apple's not-so-secret weapon in its war for mobile dominance reached a stunning plateau this morning: 100,000 apps are now available on the Apple App Store, even as rivals try desperately to play catch-up.
Big problems for World of Warcraft fans in China, and there are lots of them, as first reported by GameSpot yesterday. But this could be as big, if not a bigger problem for Activision investors and that's why it's certainly worth mentioning here.
Remember how bad things were last year? Then stop crying about one bad week in the markets.
Where should investors be putting their money—and what should they avoid? Doug Kreps, principal and managing director at Fort Pitt Capital Group, and Brett D’arcy, CIO of CBIZ Wealth Management, shared their investing “tricks and treats” in honor of Halloween.
Stocks enjoyed a big gain on Thursday on a stronger-than-expected GPD report. But will it be enough to kick-start another sustained rally? Andrew Kanaly, chairman of Kanaly Trust Company and Paul Schatz, president of Heritage Capital discussed their outlooks.
The S&P 500 and NASDAQ Composite broke 7 months of consecutive gains to finish October in the red. Here is a look at this month's market statistics.
A very interesting report from RBC's wireless analyst this morning Mike Abramsky, and the power of potential at Apple and Palm.
Despite a weak start to the last week of October, the Dow and S&P are now both up 2.58% and 0.85% for the month as of Thursday's closing session. Even though October ranks as a slightly positive month historically on average, up more than 53% of the time for all three major U.S. Indexes, the Nasdaq Composite has trailed behind, currently down 1.2% month to date.
Following a disappointing quarterly report card from gaming giant Nintendo, Hiroshi Kamide, gaming and software analyst at KBC Securities, believes the firm will do better next year.