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'Overwatch' Success Is A New Tentpole For Activision Blizzard
Friday, August 5, 2016 - 10:04am | 327Activision 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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Top Gaming Analyst Previews Electronic Arts, Take-Two & Activision Before Earnings
Monday, April 27, 2015 - 12:13pm | 660Leading gaming publishers, Activision Blizzard, Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NASDAQ: EA) and Take-Two Interactive Software, Inc. (NASDAQ: TTWO) are set to report quarterly results. Here is what one of Wall Street's top gaming analysts, Todd Mitchell of Brean Capital, is...
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Activision Blizzard Announces New Way To Play World Of Warcraft For Free
Wednesday, March 4, 2015 - 12:08pm | 410According to Activision Blizzard, Inc. (NASDAQ: ATVI) insiders, players of the company's World of Warcraft game will soon be able to pay for game time with "WoW Tokens" purchased from other players using in-game gold. The new tokens offer players their first-ever opportunity to pay...
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Wedbush Remains Bullish On Activision Blizzard Ahead Of Q4 Print
Monday, February 2, 2015 - 12:33pm | 299Michael Pachter of Wedbush on Monday commented in a note that Activision Blizzard, Inc. (NASDAQ: ATVI) will report above consensus fourth-quarter results on Thursday, driven by "Call of Duty: Advanced Warfare" and "World of Warcraft." Pachter estimates Activision...
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Bank Of America: Buy Activision Blizzard Over Electronic Arts
Thursday, March 13, 2014 - 3:49pm | 355Justin Post, research analyst at Bank of America issued a research note on Thursday in which he favors Activision Blizzard (NASDAQ: ATVI) over Electronic Arts (NASDAQ: EA) on the belief that Activision will have more “title excitement” over the next few months. Electronic Arts recently released...
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Activision Seeks Independence From Vivendi In $8.17 Billion Buyout
Tuesday, October 1, 2013 - 11:17am | 480Activision Blizzard (NASDAQ: ATVI), the company behind Call of Duty, Skylanders and the ill-fated Guitar Hero franchise, is seeking independence from Vivendi (OTC: VIVHY). The company had hoped to buy back roughly 429 million shares -- worth $5.83 billion -- from Vivendi earlier this year....
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Did Electronic Arts Just Cancel Star Wars: The Old Republic?
Wednesday, August 1, 2012 - 1:49pm | 704Electronic Arts (NYSE: EA) will soon allow consumers to play Star Wars: The Old Republic for free. Is this the beginning of the end for EA's flagship MMORPG? Fans of the game may argue that Activision (NASDAQ: ATVI) pulled a similar stunt with World of Warcraft. However, WoW is an established...
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Diablo 3's Success to Cannibalize World of Warcraft
Wednesday, May 23, 2012 - 3:30pm | 166Activision Blizzard was filled with excitement this morning when it announced that Diablo 3 had become the fastest-selling PC game of all time. But the company failed to realize that Diablo 3's success could come at the expense of its former cash cow, World of Warcraft. "The numbers were pretty...
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Diablo 3 Tops World of Warcraft and Call of Duty, Becomes Fastest-Selling PC Game of All Time
Wednesday, May 23, 2012 - 10:29am | 488The long-awaited Activision Blizzard epic moved more than 3.5 million copies during its first day of release. All told, the famed publisher has sold more than 6.3 million copies of Diablo 3. "We're definitely thrilled that so many people around the world were excited to pick up their copy of...
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Will PlayStation 4 be the Last Game Console?
Thursday, May 10, 2012 - 12:11pm | 1104What will become of the game industry after PlayStation 4, Xbox 720 and Wii U arrive? Many think that this is the end of the line for consoles. With the rise of Android and iOS gaming, some argue that we no longer need a game-specific device. Never mind the fact that mobile gaming is nowhere near...
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World of Warcraft Has Lost its "WoW" Factor
Wednesday, May 9, 2012 - 3:15pm | 960Activision's beloved franchise may be crushing Star Wars: The Old Republic, but this MMO is no longer a cash cow. In fact, it might just be a cow -- one that's waiting to be tipped over. But what is the cause? How can World of Warcraft be dying if its chief competitor is struggling to compete? "I...
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World of Warcraft Crushes Star Wars: The Old Republic
Tuesday, May 8, 2012 - 2:20pm | 1040The Force is with Activision's beloved MMO. Sadly, the same cannot be said for EA and Star Wars: The Old Republic. Electronic Arts (NASDAQ: EA) had high hopes for its long-awaited Star Wars MMO, touting it as the next great game in the only genre that has successfully persuaded consumers to pay a...
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Is World of Warcraft Headed to Its Grave?
Friday, February 10, 2012 - 9:40am | 858Player declines have been reduced, but Activision is facing a harsh reality that its beloved MMORPG is headed to its grave. To most young consumers, Activision (NASDAQ: ATVI) is known for publishing the most successful first-person shooter franchise in the history of gaming: Call of Duty. With...
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Piper Jaffray Maintains Neutral, $14 PT on Activision Blizzard
Tuesday, November 15, 2011 - 9:03am | 90In a research note, Piper Jaffray reiterates its Neutral rating and $14 price target on Activision Blizzard, Inc. (NASDAQ: ATVI) on survey-suggested Call of Duty upside. Piper Jaffray concludes, “Net net, our survey results suggest that Elite subscription ($50/yr) attach rates and ARPU levels are...
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Is World of Warcraft Boosting or Busting Activision Blizzard?
Thursday, August 4, 2011 - 11:32am | 768Activision Blizzard (NASDAQ: ATVI) reported incredible news Wednesday, coming out with a second-quarter earnings statement that surpassed analyst expectations and surprised Wall Street. How surprising? Wall Street expected an EPS of 4 cents per share and revenues of $597.9 million. There were...