Electronic Arts ERTS NewsBite ERTS Hits 52 Week Low: related news

Electronic Arts (ERTS) NewsBite - ERTS Hits 52-Week Low

Electronic Arts (NasdaqNM: ERTS) hit a new 52-Week low of $39.32 so far today. Currently the stock is down $0.65 (-1.59%) to $40.15 on 3,995,070 shares traded. Today's low is down $21.47 from a 52-Week high of $61.62. Electronic Arts stock has been showing support around $38.73 and resistance in the $44.81 range. Technical indicators for the stock are neutral and S&P gives ERTS a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ERTS the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 50 range. [ABR-Seven Summits Strategic Investments NewsBite]

UBS (UBS) NewsBite - UBS Hits 52-Week Low

UBS (NYSE: UBS) hit a new 52-Week low of $11.85 so far today. Currently the stock is down $1.61 (-11.81%) to $12.02 on 5,299,868 shares traded. Today's low is down $39.87 from a 52-Week high of $51.89. UBS stock has been showing support around $11.64 and resistance in the $14.64 range. Technical indicators for the stock are neutral and S&P gives UBS a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on UBS the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 15 range. [ABR-Seven Summits Strategic Investments NewsBite]

Electronic Arts Undervalued After a Rough Year

Electronic Arts (ERTS) has had a rough year. The failed run at Take-Two Interactive (TTWO) was a major distraction. Last week, ERTS announced more poor financial results. Analysts are openly questioning the company’s strategy while others are raising the question of $ERTS now being a takeover candidate themselves. So how does the current share price look from an intrinsic value perspective?

Electronic Arts Inc (EA) (Nasadq:ERTS), Xplosive Stock on the Move!

XplosiveStocks.com tracks daily stocks that are on the move like Electronic Arts Inc (EA) (Nasadq:ERTS), For more Xplosive Stocks visit the following link: http://www.xplosivestocks.com

Electronic Arts Hit With More Anti-DRM Lawsuits (ERTS)

spore1.jpgWe all know how much gaming geeks hate the DRM measures built into Electronic Arts' (ERTS) "Spore." But credit them this: at least a few of them are doing more about it than complaining on the Internet and launching ineffectual campaigns on Amazon (AMZN). Two new class-action lawsuits have been filed against EA over the copy protection locks, with another one already in the works.

Bullish options bettors blitz Electronic Arts Inc. (ERTS) ahead of earnings

Optimistic options traders bombarded video-game vixen Electronic Arts Inc. (ERTS: View sentiment for ERTSsentiment, chart, options) yesterday. More specifically, the security saw nearly 9,600 calls change hands yesterday – more than 3.5 times its average daily call volume of fewer than 2,700 contracts.

HSBC PLC (HBC) NewsBite - HBC Lower on Recession Worries

HSBC PLC (NYSE: HBC) opened at $52.38. So far today, the stock has hit a low of $52.02 and a high of $57.00. HBC is now trading at $52.92, down $11.28 (-17.57%). Over the last 52 weeks the stock has ranged from a low of $62.59 to a high of $99.52. HBC shares are tumbling with other banks today as investors are worried that government actions to combat the credit crisis will not keep the economy worldwide out of a deep recession. Technical indicators for the stock are bearish and S&P gives HBC a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on HBC the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 65 range. [ABR-Seven Summits Strategic Investments NewsBite]

Kresge Foundation Announces $8.8 Million Commitment to Detroit Arts Community

DETROIT, Oct. 27 /PRNewswire/ -- The Kresge Foundation, long known for its national support of the arts, announced Kresge Arts in Detroit October 16 during a press conference and reception held at the Detroit Institute of Arts for more than 160 attendees representing the area's civic and arts communities. Kresge Arts in Detroit is an $8.8 million commitment to Detroit's Wayne, Macomb and Oakland counties and is designed to develop and financially support individual artists, arts and cultural organizations and arts- infrastructure groups in the metropolitan area. Eighteen Kresge Artist Fellowships of $25,000 each and one Kresge Eminent Artist award of $50,000 will be awarded each year. Arts and cultural organizations are receiving operating support.

Richard Kessler, Executive Director, the Center for Arts Education, Issues Statement...

Richard Kessler, Executive Director, the Center for Arts Education, Issues Statement on the Release of the New York City Department of Education Annual Arts in Schools Report 2007 - 2008 "Report makes clear that the school system is still failing to provide students with the arts education they are entitled to by law" NEW YORK--(Business Wire)-- The Center for Arts Education (CAE) commends the New York City Department of Education (DOE) for issuing the second annual Arts in Schools Report, which provides the public with helpful information about arts education offerings in public schools. However, the release of today's report makes clear that the school system is still failing to provide students with the arts education they are entitled to by law.

Kresge Foundation Announces $8.8 Million Commitment to Detroit Arts Community

The Kresge Foundation, long known for its national support of the arts, announced Kresge Arts in Detroit October 16 during a press conference and reception held at the Detroit Institute of Arts for more than 160 attendees representing the area's civic and arts communities. Kresge Arts in Detroit is an $8.8 million commitment to Detroit's Wayne, Macomb and Oakland counties and is designed to develop and financially support individual artists, arts and cultural organizations and arts- infrastructure groups in the metropolitan area.

Call for Artists: Residencies Project

Aberystwyth Arts Centre’s Artists’ Residencies project has successfully launched its first year, in the new Thomas Heatherwick designed studios. The call is now out for artists to apply for further residencies. These residencies, supported by Esmee Fairbairn Foundation, provide the chosen UK artists with an opportunity to spend three or six months in Aberystwyth concentrating on their work. Award winning Aberystwyth Arts Centre is Wales’ largest arts centre and recognised as a 'national flagship for the arts'. It has a wide-ranging artistic programme, both producing and presenting, across all art forms including drama, dance, music, visual arts, applied arts, film, new media, and community arts and is recognised as a national centre for arts development.

Richard Kessler, Executive Director, the Center for Arts Education, Issues Statement on the Release of the New York City Department of Education Annual Arts in Schools Report 2007 - 2008

NEW YORK (Business Wire) -- The Center for Arts Education (CAE) commends the New York City Department of Education (DOE) for issuing the second annual Arts in Schools Report, which provides the public with helpful information about arts education offerings in public schools. However, the release of today's report makes clear that the school system is still failing to provide students with the arts education they are entitled to by law. With budgets being slashed this year and presumably next year, and an increased focus on testing and test preparation, there is a fear that arts education will disappear from the schools.

Gasoline price fall not leading to demand recovery: MasterCard

An ongoing fall in retail gasoline prices is not leading to an immediate bounce in US demand, according to figures released Tuesday in the MasterCard Advisors survey for the week ending October 24. On a four-week moving average, gasoline demand slipped 8% from the year-ago figure, with an average 61.724 million barrels consumed during the week. The demand decline was milder during the week-to-week period, with 62.279 million gallons consumed, and demand slipping to a negative 6.4% rate from the year-ago period -- the same percentage fall as in the previous week ending October 17, 2008. An average 8.897 million b/d of gasoline were used during the week ending October 24, the report said. National average prices in the most recent survey week dropped to $2.

Electronic Arts: What Is the Problem?

Electronic Arts (ERTS) infuriate me. In John Riccitiello, this company has one of the most perceptive, incisive and lucid managers in the whole video gaming industry. Yet as a company they continue to under perform.

Electronic Arts Responds To Spore DRM Criticism

Electronic Arts Responds To Spore DRM Criticism [09.12.08] As Amazon removes a wave of negative Spore user reviews in the wake of an internet backlash against the game's DRM, Electronic Arts is aiming to address community concerns about its anti-piracy system for the long-awaited title. [Updated: Amazon reviews return.]

Electronic Arts Struggles Financially During Second Quarter

Electronic Arts announced in a press release it has suffered a net loss of $310 million for the fiscal second quarter resulting in a diluted loss per share of $0.97. The losses occurred despite net revenue of $894 million which is an increase of $254 million when compared to the previous year. In response to the negative financial news, Electronic Arts shares fell 17.1 % on Friday falling to $22.99.

Movers: Electronic Arts, McAfee, Wynn Resorts, AON, Chevron

Electronic Arts (ERTS) posts $0.06 second quarter non-GAAP loss per share, vs. $0.27 EPS a year ago, despite 20% revenue rise. Sales were driven by the launches of Madden NFL 09, SPORE, Mercenaries 2: World in Flames, NCAA Football 09, Tiger Woods PGA TOUR 09, Warhammer Online: Age of Reckoning, as well as the continued strength of Rock Band. To cut 6% of workforce. Sees fiscal year 2009 non-GAAP EPS of $1.00-$1.40 on revenue of $5-$5.3 billion (non-GAAP basis). Street is looking for $1.42 fiscal year 2009 EPS.

Google shares hit new 52-week low

Google's share price hit a new 52-week low Wednesday and continued its downward trek in early-morning trading Thursday.

Earnings: Electronic Arts Says Fiscal Q2 Mobile Revs Up 24 Percent Over Last Year

Electronic Arts (NSDQ: ERTS) said its wireless revenues jumped 24 percent to $47 million in its fiscal second quarter from $38 million in the year-ago period. However, the company’s wireless-related business still only comprises about 5 percent of overall revenues, which is slightly less than last year, when the mobile division brought in 6 percent of all revenues. Nonetheless, the company is still claiming the No. 1 spot for mobile game publishing. EA Mobile said it is releasing 12 mobile games in the third quarter, including FIFA, Need for Speed and Trivial Pursuit. In a transcript of the earnings call, John Pleasants, EA’s COO and president of global publishing, said wireless-related revenues are up 25 percent in the last six months.

Claremont Gradaute University Arts Management Program Expands With New Leadership

Claremont Gradaute University Arts Management Program Expands With New Leadership - Revamped program is the only of its kind in California, and it aims to keep Los Angeles' creative talent in the arts and nonprofits local. A recent study indicates that the arts and culture are the second-largest generator for the LA economy. As head of a municipal agency that funds 300 arts organizations each year, Zucker has long been concerned with the quality of leaders in the field. In 2000 she spurred the County to begin funding the largest arts internship program in the country in conjunction with the Getty Foundation. Close to 300 undergraduates are paid to work in Los Angeles area nonprofit arts organizations each summer.

Why I Bought Activision After Electronic Arts Disappointed the Street

Electronic Arts (ERTS), long considered the king of video game publishing, reported earnings Thursday that met estimates to the penny. However, EA's guidance was less than stellar, and as I write this (3:20pm, Halloween Friday) the stock is getting punished to the tune of -17%. Where it will close is anyone's guess in this volatility. But the bigger question for video game investors is this: Should we be worried about the video game industry, or just about EA in particular?

Priceline com (PCLN) NewsBite - PCLN Lower on Downgrade

Priceline com (NasdaqNM: PCLN) opened at $53.20. So far today, the stock has hit a low of $52.74 and a high of $54.04. PCLN is now trading at $52.84, down $3.23 (-5.76%). Over the last 52 weeks the stock has ranged from a low of $45.15 to a high of $144.34. Shares of PCLN are trading lower this morning after a Banc of America Securities analyst downgraded the stock to "Neutral" from "Buy." Technical indicators for the stock are neutral and S&P gives PCLN a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on PCLN the stock seems like it could be a candidate for a November out-of-the-money bear-call credit spread above the 70 range. [ABR-Seven Summits Strategic Investments NewsBite]

Electronic Arts Courts Suitors for Movie Rights to New Game

Los Angeles - Electronic Arts (NASD: ERTS) is courting four Hollywood movie studios all bidding on the big screen rights to an as-yet-unannounced new title from the video game publisher, Variety reports.

Electronic Arts Drops During After-Hours On Quarterly Results

(RTTNews) - Electronic Arts Inc. (ERTS | Quote | Chart | News | PowerRating) is plummeting during after-hours trading on Thursday following the release of quarterly results. At 4:40 pm ET the stock is trading at $23.66 down $4.07 from Thursday's close.

Electronic Arts says Spore sells more than 1 mln copies at retail worldwide on PC, Mac and Nintendo DS - Quick facts

(RTTNews) - Electronic Arts Inc. (ERTS: News ) announced that Spore has sold through more than one million copies at retail worldwide on the PC, Mac and Nintendo DS, since shipping worldwide on September 7th.

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