Shares of Qualcomm Inc. (NASDAQ: QCOM) plunged about 5.50% in early trade after the semiconductor company, late last evening, provided lower-than-expected guidance on fiscal third quarter earnings although its outlook on revenue exceeded Wall Street’s expectation. For the fiscal second quarter, Qualcomm posted adjusted earnings of $1.17 a share, in-line with analysts’ expectation. Revenue stood [...]
Although social gaming company, Zynga Inc.’s (NASDAQ: ZNGA) fiscal first-quarter results topped analysts’ consensus forecast, the outlook on the current quarter and massive drop in the number of people playing its online games disappointed investors, sending shares down by almost 9% in extended hours trading on Wednesday. [...]
Game developing Company, Electronic Arts Inc. (NASDAQ: EA) said that it will shut down three social online games on Facebook Inc. (NASDAQ: FB) as the company just like any other game creator is witnessing dwindling users/gamers base on the social networking giant’s platform. [...]
Zynga Inc. (NASDAQ: ZNGA) announced on Friday that it has named John Doerr, a renowned venture capitalist to its board as the Company looks to shift its focus away from social gaming business towards online gambling and mobile-platform focused games. [...]
Shares of Greenbrier Companies Inc. (NYSE: GBX) slumped on Thursday after the rail road freight car equipment maker reported that fiscal second quarter profit plunged by 22 percent due to a 27% fall in deliveries. The Company reported a profit of $13.8 million or 45 cents a share compared to net income of $17.7 million [...]
Shares of Global Payments Inc. (NYSE: GPN) slumped on Wednesday after the electronic payments transaction processing services provider handed lower-than-expected fiscal third quarter results, late last evening. [...]
Zynga Inc. (NASDAQ: ZNGA) announced on Tuesday that it will soon launch two real-money versions of its poker and casino games in the U.K., in conjunction with Bwin.Party Digital Entertainment. [...]
In a move which is seen as a significant step towards independence from Facebook Inc. (NASDAQ: FB), social game maker, Zynga Inc (NASDAQ: ZNGA) re-launched its website, Zynga.com on Thursday. [...]
Shares of Zynga Inc. (NASDAQ: ZNGA) slumped about 4% on Wednesday after Justin Post, an analyst at Bank of America Merrill Lynch slashed rating on the social game maker’s stock to “neutral” from “buy”, citing “less valuation upside”. [...]
Shares of Canadian Solar Inc. (NASDAQ: CSIQ) slumped about 11% after the company reported that its losses in the fiscal fourth quarter widened as it shipped fewer number of solar modules. Since last one year, Canadian Solar’s top line has felt the pinch in the backdrop of lackluster demand for its solar panel and equipment. [...] |
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