Activision Blizzard shares climb in premarket trading after strong 3rd-quarter results

November 5th, 2009 Activision posts 3Q profit, backs 2009 outlookNEW YORK — It's been a rough year for the video game industry, but Activision Blizzard Inc. reported a profit for its third quarter because of lower costs and a good response for games such as "Guitar Hero 5" and "World of Warcraft." It also reaffirmed its guidance for the full year, citing a big expected release next week for "Call of Duty: Modern Warfare 2," which could easily be the most lucrative entertainment launch this holiday season.

August 14th, 2009 Sector Snap: Stocks shrug off low video game salesNEW YORK — Investors seemed to look past dismal July video game sales on Friday to expectations of a better second half to the year, with shares of game makers holding up despite the fifth straight month of declines. Market researcher NPD Group reported a 29 percent drop in sales of game hardware, software and accessories Thursday, an even steeper decline than analysts were expecting.

August 17th, 2009 Sector Snap: Video games take a hitNEW YORK — Shares of video game companies took a hit Monday, even as rumors mounted about a looming price cut for Sony Corp.'s PlayStation 3. The shares dropped just a few days after market researcher NPD Group reported a sharp drop in video game retail sales for the month of July.

August 19th, 2009 Yingli Green Energy posts 2Q loss on chargesNEW YORK — Solar cell maker Yingli Green Energy Holding Co. on Wednesday posted a second-quarter loss driven by one-time charges, sending shares tumbling in premarket trading.

August 20th, 2009 GameStop posts disappointing profit, cuts outlookGRAPEVINE, Texas — GameStop Corp., the world's largest video game and entertainments software retailer, posted disappointing fiscal second-quarter results on Thursday and lowered its full-year earnings forecast, citing fewer hit video games and cautious consumers. Shares tumbled in morning trading.

October 19th, 2009 Texas Instruments 3Q profit, sales declineNEW YORK — Texas Instruments' third-quarter profit and sales Monday inched past the improved expectations the chip maker gave last month, and its largest division, which makes analog chips used in digital music players and other gadgets, saw 20 percent growth for the second quarter in a row. "We are encouraged with the strong sequential increase in demand for our products over the past two quarters as our customers are winding down their inventory corrections and have begun to increase production levels in their factories," said Rich Templeton, TI's chairman, president and CEO, in a statement.

August 4th, 2009 EA 1Q loss widens but results surpass expectationsNEW YORK — Lower revenue from packaged video games amid a seasonal slump for the industry gave Electronic Arts Inc. a larger net loss in its fiscal first quarter.

August 13th, 2009 LDK shares fall on 2Q loss, analyst rates "Sell"NEW YORK — Shares of solar cell wafer maker LDK Solar Co. Ltd. tumbled on Thursday, the morning after the company posted a second-quarter loss as it wrote down the plummeting value of its inventory.

October 29th, 2009 more images more imagesMotorola posts 3Q profitNEW YORK — Motorola is reporting an unexpected profit for the third quarter as operating losses in its struggling mobile phone division narrowed. Its shares are jumping more than 5 percent in premarket trading.

February 11th, 2009 TORONTO - Shares of BlackBerry maker Research In Motion (RIM) plunged by 15 percent on the Toronto Stock Exchange Wednesday after the global wireless communication giant forecast less-than-expected profits for the fourth quarter of 2008. In a statement, the Waterloo-based Canadian company said that it ``expects revenue for the fourth quarter to be at or near the mid-point of the previously guided range.

June 25th, 2009 Seagate raises 4th-quarter revenue guidanceSCOTTS VALLEY, Calif. — Hard drive maker Seagate Technology on Wednesday raised its fiscal fourth-quarter revenue guidance due to better-than-expected demand and favorable pricing for its products.

June 20th, 2009 TORONTO - BlackBerry maker Research In Motion (RIM) has reported a profit of $643 million for the first quarter of the year, compared to $518.3 million posted during the previous quarter. However, its quarterly revenue was slightly dwon at $3.42 billion from $3.46 billion in the previous quarter.

July 21st, 2009 Seagate posts 4Q loss on lower sales, big chargesSCOTTS VALLEY, Calif. — Hard drive maker Seagate Technology on Tuesday reported a fiscal fourth-quarter loss, reversing a year-ago profit, but said it is seeing signs of improvement in the data storage market and lifted its revenue outlook for the first quarter.

July 23rd, 2009 Movers roundup: Starbucks, Seagate TechnologyAmong the stock activity stories for Wednesday, July 22, from AP Financial News: NEW YORK (AP) — Shares of Starbucks Corp. soared after a number of analysts praised the company's cost-cutting efforts following the gourmet coffee chain's fiscal third-quarter profit report.

August 10th, 2009 RIM shares take a hit after UBS downgradeNEW YORK —Shares of Research in Motion Ltd. took a hit Monday after a UBS analyst downgraded the BlackBerry smart phone maker, saying that while the current quarter looks to be going well, the stock is nearing his target price.