Game and Internet Giants Announce Acquisitions, New Content, Revenue Growth and Survey Results - Research Report on EA, Activision Blizzard, Take-Two Interactive Software, Trulia, and Changyou.com

Fri Aug 2, 2013 8:01am EDT

* Reuters is not responsible for the content in this press release.

Game and Internet Giants Announce Acquisitions, New Content, Revenue Growth and Survey Results - Research Report on EA, Activision Blizzard, Take-Two Interactive Software, Trulia, and Changyou.com

PR Newswire

NEW YORK, August 2, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting Electronic Arts Inc. (NASDAQ: EA), Activision Blizzard, Inc. (NASDAQ: ATVI), Take-Two Interactive Software Inc. (NASDAQ: TTWO), Trulia, Inc. (NYSE: TRLA), and Changyou.com Limited (NASDAQ: CYOU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Electronic Arts Inc. Research Report

On July 25, 2013, Electronic Arts Inc. (EA) announced that Kyrie Irving will be the official cover athlete of NBA Live 14, when the game launches in fall of 2013 on the Xbox One console and the PlayStation4 computer entertainment system. Daryl Holt, Vice President and General Manager of Basketball for EA SPORTS, said, "We couldn't imagine a better cover athlete for our game than the dynamic, explosive Kyrie Irving. Kyrie is one of the best ball handlers in the league, and with our next-generation technology we can arm players with the ability to replicate his impressive on-court feats, as well as the amazing signature styles and abilities of other pros in NBA LIVE 14." The Full Research Report on Electronic Arts Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/EA]

--

Activision Blizzard, Inc. Research Report

On July 25, 2013, Activision Blizzard, Inc. (Activision Blizzard) announced that it has reached an agreement to acquire from Vivendi, approximately 429 million of Company shares and certain tax attributes, in exchange for approximately $5.8 billion in cash, or $13.60 per share acquired before taking into account the future benefit from these tax attributes. Following the completion of the transaction, the Company reported that Activision Blizzard will be an independent Company with majority of its shares owned by the public. According to Bobby Kotick, CEO of Activision Blizzard, "These transactions together represent a tremendous opportunity for Activision Blizzard and all its shareholders, including Vivendi. We should emerge even stronger-an independent company with a best-in-class franchise portfolio and the focus and flexibility to drive long-term shareholder value and expand our leadership position as one of the world's most important entertainment companies." The Full Research Report on Activision Blizzard, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/ATVI]

--

Take-Two Interactive Software Inc. Research Report

On July 30, 2013, 2K, a subsidiary of Take-Two Interactive Software Inc. (Take-Two Interactive Software), along with Irrational Games announced that BioShock Infinite: Clash in the Clouds, the first downloadable content pack for the multi-platform video game, BioShock Infinite, is available for download worldwide. Ken Levine, Creative Director of Irrational Games commented, "We are really excited to offer our fans the content that they have been asking for. With Clash in the Clouds, people get a pure action experience that takes BioShock Infinite combat to its highest challenge and intensity level. With the Burial at Sea episodes, we are building a Rapture-based narrative experience that is almost entirely built from scratch." The Full Research Report on Take-Two Interactive Software Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/TTWO]

--

Trulia, Inc. Research Report

On July 25, 2013, Trulia, Inc. (Trulia) released the results of its Summer 2013 American Dream Survey. The latest findings of the survey revealed how the current competitive real estate market has impacted consumer sentiment toward homeownership and the desperate measures people are willing to use to buy a home. According to the survey, the top most worry among Americans who plan to buy a home is that mortgage rates would increase further before they buy followed by rising home prices. According to Jed Kolko, Trulia's Chief Economist, "The rising cost of homeownership cuts both ways for consumer confidence. The combination of rising rates and rising prices has made owning 20 percent more expensive, leading people to downsize their housing dreams. But rising prices make housing look like a better financial bet, so a majority of Americans now think homeownership is one of the best investments they can make." The Full Research Report on Trulia, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/TRLA]

--

Changyou.com Limited Research Report

On July 29, 2013, Changyou.com Limited (Changyou.com) reported its financial results for Q2 2013. Total revenues increased 3% QoQ and 24% YoY to $182.4 million. Non-GAAP net income attributable to Changyou.com decreased 3% QoQ but increased 4% YoY to $75.6 million. Commenting on the results, Mr. Tao Wang, Changyou's Chief Executive Officer, commented, "Our philosophy is based on giving gamers what they want, when they want it and where they want it. Today, that means creating products and services for the rapidly expanding market of mobile and Web games, while building on our success in the PC-rooted world of massively multiplayer online games (MMO games). We also expect to launch a number of mobile games by the end of the year, roughly half of which will come from our own innovation lab. With an array of new games planned for the PC, Web and mobile and the capabilities we have built over the years in game development, operation, marketing and distribution, we believe we are positioned to succeed over the long-term." The Full Research Report on Changyou.com Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-31/CYOU]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
  5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

http://InvestorsReports.com

 

SOURCE Investors' Reports

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.