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Showing posts with label Ahead. Show all posts
Showing posts with label Ahead. Show all posts

BlackBerry maker wins vote of confidence ahead of BB10

TORONTO (Reuters) - Research In Motion Ltd, for months enveloped by a wave of negative sentiment, got a boost on Tuesday when one of its most influential critics raised his rating on the stock ahead of the launch of RIM's make-or-break new line of BlackBerry 10 devices. The upgrade by Jefferies & Co analyst Peter Misek pushed RIM's share price into double digits for the first time in five months, with the stock up more than 3 percent at $10.04 in early trading on the Nasdaq. ...

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Nintendo profit outlook weakens ahead of Wii U launch

Photographer takes pictures in front of the logo of Nintendo Co Ltd's at its news conference in TokyoTOKYO (Reuters) - Nintendo Co Ltd trimmed its annual profit outlook Wednesday by almost one-half as a strong yen and diminished console sales weighed on earnings while it readies the launch of the successor to the hit Wii console, which it hopes will reboot earnings growth. For the year to March 31, the creator of Super Mario lowered its operating profit forecast to 20 billion yen ($251 million)from a 35 billion yen forecast in July. That compares with a consensus estimate by 21 analysts surveyed by Thomson Reuters I/B/E/S of a 27 billion yen profit. ...



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Ahead of the Bell: Zynga gains on job cut plans

Zynga's stock rose 5 percent in premarket trading Wednesday after the online game company disclosed it was eliminating games, studios and jobs to cut costs.

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Nintendo profit outlook weakens ahead of Wii U launch

Photographer takes pictures in front of the logo of Nintendo Co Ltd's at its news conference in TokyoTOKYO (Reuters) - Nintendo Co Ltd trimmed its annual profit outlook Wednesday by almost one-half as a strong yen and diminished console sales weighed on earnings while it readies the launch of the successor to the hit Wii console, which it hopes will reboot earnings growth. For the year to March 31, the creator of Super Mario lowered its operating profit forecast to 20 billion yen ($251 million)from a 35 billion yen forecast in July. That compares with a consensus estimate by 21 analysts surveyed by Thomson Reuters I/B/E/S of a 27 billion yen profit. ...



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Ahead of the Bell: Google inches up after shocker

Shares of Google Inc. perked up in premarket trading Friday as analysts soothed investors shocked by an earnings report that dropped prematurely on Thursday.

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