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Reuters - 1 week ago

Disney Explores Wider Field Of Candidates To Succeed Iger - WSJ

BRIEF-Disney Explores Wider Field Of Candidates To Succeed Iger - WSJ Nov 12 (Reuters) - DISNEY EXPLORES WIDER FIELD OF CANDIDATES TO SUCCEED IGER - WSJ NAMES IN DISNEY’S DELIBERATIONS IN RECENT MONTHS INCLUDE ANDREW WILSON, CHIEF EXECUTIVE OFFICER OF GAME COMPANY ELECTRONIC ARTS - WSJ Source text: https://tinyurl.com/27nk2f36
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Reuters - 2 weeks ago

Akamai forecasts fourth-quarter revenue below estimates on weak client spending

Akamai forecasts fourth-quarter revenue below estimates on weak client spending Nov 7 (Reuters) - Akamai Technologies AKAM.O forecast fourth-quarter revenue below estimates on Thursday, expecting a pullback in spending on its cloud and content delivery services by clients grappling with an uncertain macroeconomic environment. Shares of the Cambridge, Massachusetts-based company fell 9% in extended trading.
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Reuters - 2 weeks ago

Take-Two beats quarterly results estimates on healthy gamer spending

UPDATE 4-Take-Two beats quarterly results estimates on healthy gamer spending Updates shares in paragraph 1, adds analyst comment in paragraphs 6, 9, details throughout By Zaheer Kachwala Nov 6 (Reuters) - Take-Two Interactive Software TTWO.O beat Wall Street expectations for second-quarter bookings and profit on Wednesday, boosted by the strong performance of the "Grand Theft Auto" and "Borderlands" franchises, sending its shares up more than 5% in extended trading.
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Reuters - 2 weeks ago

Saudi megafund’s success rests on fuzzy local bets

CORRECTED-RPT-BREAKINGVIEWS-Saudi megafund’s success rests on fuzzy local bets Corrects the number of Savvy Games’ Saudi-based employees in paragraph 10, and amends SURJ Sports Investment’s name in paragraph 7. The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By George Hay and Karen Kwok RIYADH, Nov 5 (Reuters Breakingviews) - Saudi Arabia’s main mission is to diversify its heavily oil-dependent economy.
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Reuters - 2 weeks ago

Saudi megafund’s success rests on fuzzy local bets

CORRECTED-BREAKINGVIEWS-Saudi megafund’s success rests on fuzzy local bets Corrects the number of Savvy Games’ Saudi-based employees in paragraph 10, and amends SURJ Sports Investment’s name in paragraph 7. The authors are Reuters Breakingviews columnists. The opinions expressed are their own. By George Hay and Karen Kwok RIYADH, Nov 5 (Reuters Breakingviews) - Saudi Arabia’s main mission is to diversify its heavily oil-dependent economy.
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Reuters - 3 weeks ago

U.S. Agilon Health, Alphabet, Crocs

U.S. RESEARCH ROUNDUP-Agilon Health, Alphabet, Crocs Oct 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Agilon Health, Alphabet and Crocs, on Wednesday. HIGHLIGHTS * Agilon Health Inc AGL.N : Citigroup cuts to sell from neutral * Alphabet Inc GOOGL.O : Seaport Research Partners raises to buy from neutral * Crocs Inc CROX.O : Raymond James cuts to market perform from outperform * Leggett & Platt Inc LEG.N : Piper
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Reuters - 3 weeks ago

Results from Alphabet and Snap lift shares of online ad sellers

Results from Alphabet and Snap lift shares of online ad sellers Oct 29 (Reuters) - Online ad sellers added over $100 billion stock market value late on Tuesday after upbeat quarterly results from Alphabet GOOGL.O , Reddit RDDT.N and Snap SNAP.N lifted investor optimism ahead of reports from Amazon AMZN.O and Meta Platforms META.O . Alphabet's stock rallied 4% in extended trade after it topped quarterly revenue expectations, helped by steady growth in its digital advertising business and an AI-dr
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Reuters - 3 weeks ago

Electronic Arts gains on full-year bookings forecast raise

BUZZ-Electronic Arts gains on full-year bookings forecast raise ** Shares of video game firm Electronic Arts EA.O rise 1.2% to $147.39 in extended trading ** EA reports Q2 bookings of $2.08 bln vs est. of $2.04 bln — LSEG compiled data ** EA posts Q2 adjusted profit of $2.15/share, compared with estimates of $2.02/share ** Company raises FY booki
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Reuters - 3 weeks ago

EA raises annual bookings forecast as American football titles outperform

UPDATE 3-EA raises annual bookings forecast as American football titles outperform Updates share movement in paragraph 2, adds analyst comment in paragraphs 7, 9 By Zaheer Kachwala Oct 29 (Reuters) - Videogame publisher Electronic Arts EA.O raised its forecast for fiscal 2025 bookings on Tuesday, helped by strong performance of its sports titles amid a cautious spending environment.
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Reuters - 3 weeks ago

Electronic Arts Q2 EPS USD 1.11

BRIEF-Electronic Arts Q2 EPS USD 1.11 Oct 29 (Reuters) - Electronic Arts Q2 revenue USD 2,025 million. Q2 operating cash flow USD 234 million Q2 net income USD 294 million outlook FY EPS USD 3.82-4.33 outlook FY net income USD 1,019-1,156 million outlook FY revenue USD 7,400-7,700 million
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Reuters - 3 weeks ago

EA raises annual bookings forecast as American football titles outperform

EA raises annual bookings forecast as American football titles outperform Oct 29 (Reuters) - Videogame publisher Electronic Arts EA.O raised its forecast for fiscal 2025 bookings on Tuesday, helped by strong performance of its sports titles amid a cautious spending environment. EA's sports titles "Madden NFL" and "College Football" show strong engagement even as the industry navigates a challenging time marked by higher inflation.
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Reuters - 4 weeks ago

Electronic Arts Inc <EA.OQ> expected to post earnings of $2.02 a share - Earnings Preview

Electronic Arts Inc expected to post earnings of $2.02 a share - Earnings Preview Electronic Arts Inc EA.OQ EA.O is expected to show a rise in quarterly revenue when it reports results on October 29 for the period ending September 30 2024 The Redwood City California-based company is expected to report a 11.9% increase in revenue to $2.037 billion from $1.82 billion a year ago, according to the mean estimate from 16 analysts, based on LSEG data.The company's guidance on July 30 2024, for the peri
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Reuters - 4 weeks ago

S&P 500, Nasdaq gain, cheered by Tesla, yield retreat

LIVE MARKETS-S&P 500, Nasdaq gain, cheered by Tesla, yield retreat Nasdaq ends up ~0.8%, S&P 500 modestly green, Dow down ~0.3% Cons Disc leads S&P sector gainers; Materials weakest group Dollar lower; crude off ~0.4%; gold up; bitcoin up >2% U.S. 10-Year Treasury yield dips to ~4.21% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - 4 weeks ago

BMO says now may be a good time to grab some GARP

LIVE MARKETS-BMO says now may be a good time to grab some GARP Nasdaq up ~0.7%, S&P 500 modestly green, Dow down ~0.4% Cons Disc leads S&P sector gainers; Materials weakest group Dollar lower; crude off >1%; gold up; bitcoin up ~1.3% U.S. 10-Year Treasury yield falls to ~4.20% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - 2 months ago

England's salmon population sinks to new low due to poor water quality

England's salmon population sinks to new low due to poor water quality LONDON, Oct 7 (Reuters) - England's Atlantic salmon population has sunk to a record low, the latest indicator that its marine and freshwater ecosystems are dirty and polluted, Britain's Environment Agency (EA) said on Monday. The large, silvery fish are found in the northern Atlantic Ocean and rivers that flow into it, but about 90% of principal salmon rivers in England are classified as "at risk" or "probably at risk".
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Reuters - 2 months ago

Ubisoft shares spike higher on buyout report

BUZZ-Ubisoft shares spike higher on buyout report Updates ** Shares in Ubisoft UBIP.PA spike higher, up 3 2 %; set for biggest one-day jump on record ** Bloomberg News reports Tencent 0700.HK and Guillemot family are reportedly considering a buyout of the company ** Shares had dropped to almost 11-year low last week after guidance cut, delay to Ass
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Reuters - 2 months ago

U.S. Autozone, Costco Wholesale, Walmart

U.S. RESEARCH ROUNDUP- Autozone, Costco Wholesale, Walmart Sept 18 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Autozone, Costco Wholesale and Walmart, on Wednesday. HIGHLIGHTS * Autozone Inc AZO.N : Evercore ISI raises target price to $3900 from $3350 * Costco Wholesale Corp COST.O : Evercore ISI raises target price to $985 from $925 * Home Depot Inc HD.N : Evercore ISI raises target price to $420 from $400 * Tra
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Reuters - 2 months ago

EA confident about annual bookings, announces new 'Battlefield' title

UPDATE 1-EA confident about annual bookings, announces new 'Battlefield' title Adds CFO comment in paragraph 5 By Zaheer Kachwala Sept 17 (Reuters) - Videogame publisher Electronic Arts EA.O said it expects to achieve the high end of its annual bookings forecast and unveiled the next installment of its multi-player shooter game "Battlefield" at its investor day conference on Tuesday.
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Reuters - 2 months ago

EA confident about annual bookings, announces new 'Battlefield' title

EA confident about annual bookings, announces new 'Battlefield' title Sept 17 (Reuters) - Videogame publisher Electronic Arts EA.O said it expects to achieve the high end of its annual bookings forecast and unveiled the next installment of its multi-player shooter game "Battlefield" at its investor day conference on Tuesday. The new title will mark a return to the modern-day setting, after three consecutive games set in different time periods, competing with Activision Blizzard's best-selling "C
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Reuters - 2 months ago

Videogame firms hit with EU complaint over 'tricking consumers'

UPDATE 1-Videogame firms hit with EU complaint over 'tricking consumers' Adds Video Games Europe comment, companies did not immediately respond to requests for comment paragraphs 8-11 By Foo Yun Chee BRUSSELS, Sept 12 (Reuters) - Videogame companies Epic Games, Electronic Arts EA.O , Roblox RBLX.N and four others were hit with an EU consumer complaint on Thursday accusing them of misleading gamers into spending money.
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