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Esports And 2 Other Things To Like About Activision Blizzard
Friday, February 7, 2020 - 1:58pm | 543Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) shares were on the rise Friday and analysts reiterated Buy recommendations after the company's strong fourth-quarter report, with sell-side analysts bullish on the company's "loaded pipeline," lean into mobile and pursuit of ad dollars. The...
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'Candy Crush' Boosts Activision Blizzard, But The Market's Not Playing Along
Friday, May 3, 2019 - 1:05pm | 779Read More...Perhaps downtime and boredom are increasing: lots of people were playing "Candy Crush" on their phones in recent months. That’s good for the game’s maker, Activision Blizzard, Inc. (NASDAQ: ATVI), which otherwise has had a rough start to the year, including a major layoff...
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'Candy Crush,' 'Call Of Duty' Drive Top-Line Beat For Activision
Friday, August 4, 2017 - 10:00am | 315Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) continued to surprise investors on Friday morning, trading down 3 percent after posting an unexpected second-quarter earnings beat on Thursday. The video game maker reported EPS of 43 cents and $1.42 billion in sales compared to the 30-cent and $1.22 billion...
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Activision Blizzard Still A Buy Despite 20% Share Pop, Says Argus
Wednesday, February 15, 2017 - 10:15am | 426Read More...Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) is still a Buy at Argus even after shares climbed 20 percent following the company’s strong fourth-quarter results, which were powered by "Overwatch" and King Digital’s "Candy Crush." Video Games The February 2016 acquisition of King...
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For Activision Blizzard, 'Overwatch' And 'Candy Crush' Strength Outweighs 'Call Of Duty' Weakness
Monday, February 13, 2017 - 1:48pm | 411Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) crushed earnings expectations for its fourth quarter as "Overwatch" performed better than most anticipated and offset "Call of Duty" weakness. But, BMO Capital’s Gerrick Johnson prefers to remain on sidelines amid elevated investor expectations...
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6 Of The Most Ridiculous Video Games Turned Into TV Shows
Tuesday, October 18, 2016 - 12:39pm | 391Read More...If you think Hollywood couldn’t get any more ridiculous than an "Angry Birds" movie, you may not have heard about the new CBS Corporation (NYSE: CBS) show: Candy Crush. According to CBS, the show will be a live-action game show in the same spirit of "Wipeout" and "...
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'Pokémon GO' Popularity Is Officially In Decline
Wednesday, September 21, 2016 - 11:51am | 395Read More..."Pokémon GO" (Nintendo Co., Ltd (ADR) (OTC: NTDOY)-backed and Niantic developed)'s reign as the highest grossing app has officially ended, unofficially marking the peak of its popularity — at least for the time being. According to Sensor Tower, Pokémon Go held on to the top spot as the...
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'Overwatch' Success Is A New Tentpole For Activision Blizzard
Friday, August 5, 2016 - 10:04am | 327Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) reported robust Q2 results, while raising its 2016 guidance. Baird’s Colin Sebastian reiterated an Outperform rating on the company, while raising the price target to $46. Robust Results Sebastian mentioned that the strong Q2 results were driven by the...
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'Overwatch' Could Be Key To Activision Blizzard's Q2 Numbers
Thursday, August 4, 2016 - 1:58pm | 453Read More...Optimism is building for Activision Blizzard, Inc. (NASDAQ: ATVI) as analysts anticipate another quarter of strong earnings. The stock is trading in the green ahead of the earnings announcement later in the day Thursday. The optimism is mainly due to the expected success of "Overwatch" across the...
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Mobile Game Revenue Expected To Grow By 21% To $36.87 Billion This Year, To Hit $52.5 Billion By 2019
Friday, July 29, 2016 - 8:25am | 404Read More...King Digital, now owned by Activision Blizzard, Inc. (NASDAQ: ATVI), was an early pioneer in mobile gaming with its popular "Candy Crush" game. The game also served as sufficient proof to investors that mobile game users had no problem dishing out $0.99 at a time to buy an extra few moves or lives...
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'Pachter Factor' Talks Nintendo, Virtual Reality And Gaming Stocks
Saturday, May 14, 2016 - 5:42pm | 438Read More...Michael Pachter is an analyst at Wedbush who weekly contributes to SIFTD.net about the video gaming world. In response to the prompt "does Nintendo Co., Ltd (ADR) (OTC: NTDOY) have enough resources to survive if the NX sells poorly? Must the NX be a hit for the company?" Michael Pachter responded...
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EXCLUSIVE: We May Have Found The Next 'Candy Crush'
Tuesday, May 3, 2016 - 3:29pm | 861Read More...Benzinga recently noticed an interesting comment on Danny Hammett's LinkedIn Corp (NYSE: LNKD) page: "Stay tuned for what's next. Our team is one created with the top talent globally on the mobile and console development ecosystem. We will be launching our first mobile title...
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Power Up: Analysts React To Activision Blizzard's Acquisition Of Candy Crush-Maker King Digital
Tuesday, November 3, 2015 - 12:28pm | 1057Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) announced on Monday its wholly owned subsidiary, ABS Partners, will acquire King Digital Entertainment plc (NYSE: KING) for $18 per share. The deal represents an approximate 20 percent premium to King's closing price on Friday. Wall Street...
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King Digital Tests The Next Iteration Of 'Candy Crush' Earlier Than Expected
Thursday, September 3, 2015 - 9:09am | 306Read More...King Digital Entertainment PLC (NYSE: KING) shares are down 15 percent in the past month, even after hitting a peak of $16.10 on August 11. Pacific Crest’s Evan Wilson maintained a Sector Weight rating on the company. Although "Candy Crush Jelly Saga" could be launched...
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King Digital Earnings Preview: Can It Beat Estimates Again?
Thursday, May 14, 2015 - 2:34pm | 350Read More...Shares of King Digital Entertainment PLC (NYSE: KING) were down 3 percent on Thursday, as the company readies to announce its first quarter financial results after the market closes. According to Estimize, Wall Street research firms are modeling earnings of $0.54 per share on revenue of $592.45...
