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TWTR

Freelance Journalist Sends Twitter Stock Soaring -10/25/16 at 6:54 PM CDTby Peter York

Ben Harrington of M&A finance blog, Betaville, has a few followers on Twitter. So he used Twitter this afternoon to put out what he calls, a "RARE Alert." He claims to have knowledge of an impending acqusition of Twitter by the Walt Disney (DIS) Company. Disney was reportedly interested in Twitter but backed away earlier this month, according to other...

TTWO ATVI

Take Two and Video Game Makers Report With New Financial Measures -08/04/16 at 4:47 PM CDTby Pardis Hashemi

Take Two Interactive, Inc. reported earnings that at first glance looked unusually strong, guiding a full year earnings-per-share outlook of $2.00 to $2.25 versus a prior outlook of about half of those numbers. Even analysts were confused with several asking for help on how to compare the earnings and revenues numbers to prior numbers and outlook. The vid...

GOOG JCP

YouTube Ad Guy Tai Lopez Caught Lying, Possibly Exposed As Scam Artist -10/20/15 at 5:07 PM CDTby Pardis Hashemi

A new YouTube advertisement by self-help marketer Tai Lopez entitled "Here in My Backyard" appears to display a home that is likely not owned by Mr. Lopez. The ad is a follow up to a now famous and parodied advertisement, "Here in My Garage", where Lopez shows expensive cars he claims to own and offers to help others achieve wealth. A video by h3h3Product...

ATML

Traders Bid Down Atmel While Company Takes Offers -08/14/15 at 2:02 PM CDTby Pardis Hashemi

Today's trading in Atmel (NASDAQ:ATML) appears to be a case of impatient and distracted investment managers in a soft market abandoning a perfectly logical expected buyout scenario. Merger and arbitrage investors pushed up Atmel to a high of $10.50 on June 22 and have since abandoned their support for the stock, allowing an unusual opportunity for investo...

TTWO GME

Are We Wrong on GME? -05/29/15 at 12:19 PM CDTby breinejm

Reading earnings news on Gamestop Inc. (GME), I am, for the first time, questioning if we are right with GME. I know digital is increasing, but they are getting some of that pie. The customers are extremely loyal and buy DLC (cards) through them. Their Apple product sales are increasing as Apple is increasing their product offerings. Combined with this be...

TTWO

Take Two Analysts Weigh In on Latest Earnings Report -05/19/15 at 7:03 AM CDTby Pardis Hashemi

Take Two Interactive reported stronger than expected results for the final quarter of their fiscal year and issued better than expected numbers for the first quarter of their fiscal year. However, their guidance for the full year of .75-$1.00 was below consensus of $1.29. Their revenue guidance was also below consensus. Credit Suisse analysts reduced thei...

BAC

Watch Out For the Real Inflation Rate of Seven Percent -09/17/14 at 8:02 PM CDTby Pardis Hashemi

Today, the United States Federal Reserve decided to continue its strategy of aggressive money printing, now in its sixth year after the market meltdown. The government today notes that inflation is low and under control. But here's the fundamental economic reality: The value of cash has been going down by an average of about seven percent per year. Compo...

TTWO

Are Executives At Rockstar Getting Half The Profits At Take Two Inter... -12/16/13 at 12:45 PM CSTby Pardis Hashemi

In 2008, after the successful launch of their hit title, Grand Theft Auto 4, Take-Two (TTWO) Interactive's (TTWO) CEO Strauss Zelnick said that they had secured an employment agreement with key Rockstar talent. The deal was an incentive program "primarily based on a profit sharing arrangement." At the time, there were reports that CEO Robert Kotick of Act...

NYX

New Top Income Tax Rates of 43.4% and 50.9% -01/02/13 at 5:45 AM CSTby Pardis Hashemi

2013 brings on a new top tax rate for those whose income is above $400,000.  Ordinary income above that rate is taxed at 39.6%.  However, so-called "unearned income", consisting primarily of short-term capital gains, will include an extra 3.8% tax from The Patient Protection and Affordable Care Act, otherwise known as Obamacare.  The 3.8% t...

TTWO

NBA Lockout May Prove Damaging to Take Two Interactive Bottom Line -10/10/11 at 8:07 AM CDTby Pardis Hashemi

While Take Two Interactive (NASDAQ:TTWO) CEO Strauss Zelnick reiterated on his company’s last conference call that the implications of an NBA lockout were unknown and would not affect company guidance for their related NBA title, NBA 2K12 has quietly hit the market this week.  The only problem is it has been a little too quiet with sales appear...

DRYS

DryShips Inc Loses Goldman Sachs Coverage, Stock Collapses -09/22/11 at 5:20 PM CDTby Peter York

DryShips Inc (NASDAQ:DRYS) fell over 9% today in response to a report that Goldman Sachs (NYSE:GS) has dropped its coverage of the company.  Analyst Scott Melet is leaving the company and has not been replaced, leaving Dryships and other tanker and bulker owner stocks without a sell side analyst from Goldman.  DryShips has eight other analysts ...

ATVI

When Activision's Director Sells, Investors Should Pay Attention -09/18/11 at 6:30 AM CDTby Pardis Hashemi

Brian Kelly, Activision Inc.'s (NASDAQ:ATVI) Co-Chairman, sold about 1.6 million worth of Activision stock from exercised options last week.  This was reported in a filing to the Securities and Exchange Commission late Friday after regular trading. Kelly's timing for stock sales has been impressive and even slightly better than well known CEO Robert ...

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