Medicis CEO Girlfriend Allegedly Murdered -07/13/11 at 9:55 PM CDTby Perry Rod

It has been reported by Phoenix news website azcentral.com that the CEO of a major public traded company, Scottsdale based Medicis Pharmaceutical Corporation (NYSE:MRX), has been involved in a series of tragic and suspicious circumstances in the last few days.  Today, his girlfriend was apparently found bound and killed in his mansion in San Diego, ...

Lies, Damned Lies, and Take Two Interactive Release Dates -05/23/11 at 2:25 PM CDTby Perry Rod

Investors are often taught to look forward, not backward.  With video game publisher Take Two Interactive (NASDAQ:TTWO), in particular, investors have been encouraged to look to the future and away from a messy past.  However, sometimes the past can expose consistencies that require attention. Get this.  In the last five fiscal years review...

The Cost of L.A. Noire for Take Two Interactive -04/25/11 at 11:21 PM CDTby Perry Rod

Take Two (TTWO) Interactive, Inc. [NASDAQ:TTWO] has had its fair share of CEO’s come and go, from stock option criminal Ryan Brant to board takeover leader Strauss Zelnick.  But one leadership role has remained the same for over ten years – the producers at Rockstar Games. Every few years investors begin to worry about the same question: ...

Apple's New "Cloud Deal" With Warner Music -04/22/11 at 4:04 PM CDTby Mahyar Hashemi

Apple has an agreement with Warner Music Group to offer the record label's tracks on iTunes' upcoming cloud-music service, music industry sources said. In the race to the cloud, Apple is apparently stepping on the gas. All Things Digital reported Thursday that Apple has signed two of the top four record companies and wrote that Apple content chi...

Two Analysts Raise Price Targets For Microsemi, One Downgrades -01/28/11 at 7:51 AM CSTby Peter York

Following Microsemi Corporation (MSCC)'s earnings report, Tore Svanberg at Stifel Nicolaus has raised his price target from $25 to $30.  Craig Berger at FBR Capital Margets raised his target from $30 to $31. However, David Wong at Wells Fargo (WFC) was not as impressed, lowering his rating on Microsemi to "market perform".

THQ Rises on Game Sales Speculation -11/22/10 at 5:36 AM CSTby Perry Rod

[UPDATE 11/23/2010: THQ Inc. has this morning released a press release stating that uDraw is, "Already among the top-selling Wii titles at online retailer Amazon.com."  This may suggest that what this article confirms - that the title is not a top-selling title at other retailers.] THQ Inc. (NASDAQ:THQI) has risen over 20% on what appears to be exci...

THQ: Welcome to the Jungle -11/16/10 at 8:06 AM CSTby Perry Rod

The once mighty shovelware developer, THQ Inc. (THQI), has found itself surrounded, deep in enemy territory. With the rise of the Wii and Nintendo based products, THQ has been forced to move away from children's products and is trying to succeed with what the industry calls, "core titles."  These are risky high development cost titles for an older de...

Take Two Chairman: "We are reporting good results" -10/18/10 at 10:23 AM CDTby Perry Rod

This morning on Bloomberg Television's "InsideTrack," Strauss Zelnick, Chairman of Take Two Interactive Software, Inc. (TTWO) seemed to suggest that Take Two performed well in the month of September, which is Take Two's second month of its unreported fourth quarter. “The September reports were that business is down about 8% - not very exciting &ndas...

Take Two, THQ Down 20% in August -09/01/10 at 12:56 PM CDTby Perry Rod

With the NASDAQ and Dow Jones Index down 6% and 4%, respectively, two video game publishers have seen their shares beaten down to a bloody pulp in the last month – THQ Inc. (NASDAQ:THQI) and Take Two Interactive (NASDAQ:TTWO). Competitor Electronic Arts (NASDAQ:ERTS), meanwhile, was down 4% in the same period. THQ issued a weak quarterly update whic...

THQ Says Wait Until 2012 For Growth -08/12/10 at 11:34 PM CDTby Perry Rod

Yeah, wait until the stock drops another couple dollars.  THQ (NASDAQ:THQI) now says that it will earn “roughly” .81 to .86 in its second half this fiscal year (ending in March, 2011).  That’s because the company just lost .21 in a quarter that featured its crucial UFC title and now forecasts .60 to .65 in adjusted losses for i...

Michael Pachter Overestimates, Take Two Interactive Shares Tumble -08/12/10 at 9:07 PM CDTby Perry Rod

Call it the Pachter effect. Video game analyst Michael Pachter, who himself has seemed to admit in the past that his monthly U.S. sales estimates for publishers come without much extensive research, has perhaps managed to help move Take Two Interactive’s stock (NASDAQ:TTWO) down about 17% in only three days.  How?  On Monday of this week,...