Electronic Arts Whole Foods Fall Macy s Rise: related news

Electronic Arts, Whole Foods Fall, Macy's Rise

Electronic Arts and Whole Foods fell after earnings declined in the ltest quarter. Macy''s and Nice Systems gained on smaller than expected decline in earnings. Whole Foods plunged 13% and led the decliners in the S&P 500 index after it reported revenue rise of 28% to $1.9 billion and net income declined 13% to $40 million or 29 cents per share. Electronic Arts fell after it reported fourth quarter loss of $94 million and revenue increase of 84% to $1.13 billion.

Stocks to watch: Wal-Mart, Whole Foods, Electronic Arts, more

SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Tuesday's session are Wal-Mart, Whole Foods and Electronic Arts.

New organization to promote art, artists

Artists in the area are banding together under an umbrella organization with a four-pronged mandate to improve the stature and economic feasibility of the arts in Dufferin. Headwaters Arts is the offspring — perhaps marriage is a better word — of the Headwaters Arts Festival and the Headwaters Arts Network. The first is an annual event that promotes the arts and the area as a centre for arts, while the second has focussed on developing communication pipelines linking hundreds of artists. Now they’ve pooled their talents and enlisted the aid of broader connections to form Headwaters Arts, the goals of which — according to Monica Schut, an artist, founding member of the Headwaters Arts Network and vice-president of the new organization — are to improve communication in the arts community, develop collaborative marketing opportunit

Electronic Arts (ERTS) NewsBite - ERTS Jumps on Upgrade

Electronic Arts Inc. (ERTS) opened at 45.10. So far today, the stock has hit a low of 44.07 and a high of 45.79. ERTS is now trading at 45.56, up 1.62 (3.59%). The stock hit its 52 week high of 61.62 in October and set its 52 week low of 43.46 in June. ERTS has traded lower since September of last year. Shares of Electronic Arts have been soaring after a Soleil Securities Group analyst upped the stock to "Buy" from "Hold" and set a $55 price target, citing the company's strong product lineup. Technical indicators for the stock are bearish and steady while S&P gives ERTS a neutral 3 STARS (out of 5) hold rating. If you’re looking for a hedged play on this stock, consider an August bull-put credit spread below the $40 range. ERTS stock could fall up to 12.

Earnings roundup: Whole Foods, Electronic Arts

AUSTIN, Texas (AP) -- Whole Foods Market Inc. said Tuesday that sales surged in the second quarter but absorbing the Wild Oats chain it bought last year caused profit to sag by 13 percent.

Earnings roundup: Whole Foods, Electronic Arts

AUSTIN, Texas (AP) -- Whole Foods Market Inc. said Tuesday that sales surged in the second quarter but absorbing the Wild Oats chain it bought last year caused profit to sag by 13 percent.

Earnings roundup: Whole Foods, Electronic Arts

AUSTIN, Texas (AP) — Whole Foods Market Inc. said Tuesday that sales surged in the second quarter but absorbing the Wild Oats chain it bought last year caused profit to sag by 13 percent.

Earnings roundup: Whole Foods, Electronic Arts

AUSTIN, Texas (AP) -- Whole Foods Market Inc. said Tuesday that sales surged in the second quarter but absorbing the Wild Oats chain it bought last year caused profit to sag by 13 percent.

Electronic Arts arranges $1 billion to finance Take-Two bid

Electronic Arts, the largest video-game publisher said it arranged $1 billion in loans to help pay for its $2 billion offer to buy Take-Two Interactive Software, publisher of the "Grand Theft" titles. Redwood City-based Electronic Arts received a commitment from Morgan Stanley, BNP Paribas, Bank of Nova Scotia and KeyBank National Association for as much as $1 billion of senior unsecured term loan financing, according to a regulatory filing Friday. Meanwhile, Take-Two said Universal Pictures will make a movie based on "BioShock," the first film to come from the company's library of titles. Gore Verbinski, who made the "Pirates of the Caribbean" trilogy, will direct the movie, and "Gladiator" writer John Logan is in talks to write the screenplay, the companies said Friday in a statement.

Brooklyn Arts Groups Spread Out

BROOKLYN—Two Brooklyn arts organizations, BRIC Arts Media Brooklyn and Urban Glass, will expand within the building they already share, thanks to a $17.3 million makeover paid for by the mayor's office, city council, and office of the Brooklyn borough president, reports the New York Times. The renovation of the Strand Theater on Fulton Street in Fort Greene's BAM Cultural District will provide BRIC Arts, which presents visual and performing arts programs, with a 20,000-square-foot gallery and performance space; Urban Glass, a glassmaking studio and school, will get gallery and retail space and a walk-in workshop. “It’s the first project that is really advancing the goals of indigenous arts groups that are already in the BAM Cultural District,” said Leslie Schultz, executive director of BRIC Arts.

Electronic Arts further extends tender offer for Take-Two

(RTTNews) - Video game maker Electronic Arts Inc. (ERTS) said Monday morning that it has extended its tender offer to acquire all the outstanding common shares of rival Take-Two Interactive Software, Inc. (TTWO) until June 16, 2008. The extension of the tender offer by the company for the third time comes even as shares of Take-Two trade higher than the offer price and the number of Take-Two shares tendered to the offer has declined. In response to Electronic Arts' announcement, Take-Two said that the recommendation of its board of directors to stockholders not to tender their shares to the offer remains unchanged. Take-Two, the publisher of the "Grand Theft Auto" series, has been resisting the hostile $2 billion buyout.

Analysis: Did Electronic Arts' Showcase Spring It Forward?

Analysis: Did Electronic Arts' Showcase Spring It Forward? [Electronic Arts' EA Games Label held its first "EA Spring Break" event in San Francisco this week - and Gamasutra was there to speak to developers on how Riccitiello's 'new EA' is changing things, and analyze the buoyancy of the company for the rest of 2008 - opinions within.]

Book News: Jenny Uglow Wins National Award for Arts Writing

The Arts Club of Washington has selected Jenny Uglow as winner of the second annual National Award for Arts Writing for her title Nature’s Engraver: A Life of Thomas Bewick (Farrar). To help increase access to the arts, “the $15,000 prize is given in recognition of excellence in writing about the arts for a broad audience, and celebrates prose that is lucid, luminous, clear, and inspiring,” the group said. Uglow chronicles Bewick’s life and achievements, the crown being the first field guide to birds for ordinary people illustrated with accurate and beautiful woodcuts. According to the Arts Club, “These woodcuts, in turn, influenced book illustration for the next century.”

Organizing the arts

A gathering of the arts community in Sackville Tuesday evening will look into developing a New Brunswick arts organization. The idea is to form an English arts association like the French language arts group that's already operating in the province. In fact, the francophone association is one of several advisors to the committee attempting to set up the new arts alliance. It would represent and promote professional and amateur artists from throughout the province. Tuesday evening's meeting is at 6:00 at the Dunn building at Mount Allison University.

SNAAP: New National Project to Examine Impact of Arts Training

The Strategic National Arts Alumni Project (SNAAP) was launched today (May 1) to examine the impact of arts training. SNAAP will provide a first-ever in-depth look at the factors that help or hinder the careers of graduates of arts high schools, arts colleges and conservatories, and arts schools and departments within universities, whether the alumni work as artists or pursue other paths.

Arts Council publishes Arts and Education Report

The Arts Council today published Points of Alignment the Report of the Special Committee on the Arts and Education. The Report was presented to the Minister for Arts, Sport and Tourism, Martin Cullen, T.D., and the Minister for Education and Science, Batt O’Keeffe, T.D

Earnings: Electronic Arts Revs Up Strong; Net Income Passes Estimates

With a hostile bid for Take-Two still out there, video game maker Electronic Arts (NSDQ: ERTS) has reported quarterly revenue of $1.12 billion, an 84 percent rise from $613 million in the year-ago quarter. Adjusted net income, which excludes acquisition-related charges, was $30 million ($.09 per share) compared to $19 million ($.06 per share) in the year-ago quarter. Analysts had been looking for a breakeven quarter, so this looks like a solid beat. For the full year the company is forecasting revenue of $4.9-$5.15 million and adjusted earnings per share of $1.30-$1.70. The announcement doesn’t say anything on the Take-Two matter, though that will come up on the call.

VSA arts and MetLife Foundation Award Grants for Inclusive Public School Arts Programs

PRNewswire-USNewswire/ -- VSA arts and MetLife Foundation announced the recipients of the 2008 "Arts Connect All" award today. Ten arts organizations will receive grants of

VSA arts and MetLife Foundation Award Grants for Inclusive Public School Arts Programs

WASHINGTON, May 19 /PRNewswire-USNewswire/ -- VSA arts and MetLife Foundation announced the recipients of the 2008 "Arts Connect All" award today. Ten arts organizations will receive grants of $15,000 for programs that enhance accessible education in public schools by creating learning environments where young people with and without disabilities learn side-by-side.

Electronic Arts announces Rock Band 2

Electronic Arts (EA) has announced today that Rock Band 2, the sequel to the popular Harmonix-developed collaborative rhythm-action rock game, is due for release on Xbox 360 in Europe and the US this coming September.

Electronic Arts officially announces the launch of Rock Band 2

Electronic Arts (EA) has announced today that Rock Band 2, the sequel to the popular Harmonix-developed collaborative rhythm-action rock game, is due for release on Xbox 360 in Europe and the US this coming September.

Electronic Arts shows wider 4th-qtr net loss

Electronic Arts Inc (ERTS.O) posted a bigger quarterly net loss on Tuesday due to restructuring costs, but net revenue beat Wall Street expectations, driven by titles such as "Rock Band" and "Army of Two."

Electronic Arts Buys Korean Mobile Games Developer

Electronic Arts is buying the mobile games developer, Hands-On Mobile Korea, which best known for its mobile role-playing game, Heroes Lore. Upon completion of the acquisition, the former Hands-On Mobile Korea team will become EA Mobile Korea and will play a strategic role in the EA Mobile Asia development and publishing growth plans.

Electronic Arts Buys Korean Division Of Hands-On Mobile

Electronic Arts (NSDQ: ERTS) is buying out the Korean division of Hands-On Mobile, the mobile gaming company formerly known as Mforma. The Korean division is best known for its mobile role-playing game, Heroes Lore. Upon completion of the deal, the Korea team will become EA Mobile Korea, and Gilbert Kim, CEO of Hands-On Mobile Korea, will become head of EA Mobile Korea. Financial terms of the acquisition were not disclosed. EA does not expect the acquisition to impact the company’s fiscal year 2009 financial guidance.

Electronic Arts Likely To Win TakeTwo - UBS

Electronic Arts (ERTS) is likely to eventually win in its quest to buy TakeTwo Interactive (TTWO), UBS analyst Benjamin Schachter asserted in a research note this morning. Schachter contends a deal in the $26-$28 range should do it, although “the timing may be protracted.” While the stock is trading above the current bid price of $25.74 a share, Schachter says that “this is based more on deal speculation than underlying value.”

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