For years, the United Arab Emirates and Qatar along with some of their Gulf neighbours have coveted an emerging market tag – a moniker that would in a lot of ways symbolise their arrival on the global stage as potential economic powerhouses.
And last year they were bestowed that recognition when index compiler MSCI promoted the U.A.E. and Qatar to emerging status from frontier.
The party was on as investors pushed the stock markets there higher – in anticipation of more gains on the back of the hundreds of millions of dollars in investments that will likely accompany the upgrade when it becomes effective in May. After all, billions of dollars are benchmarked to emerging markets globally.
In the past few weeks, however, much of the sheen associated with that classification has eroded as emerging markets across the globe took a battering, leaving investors worried about their exposure to such economies. But most Gulf markets have held steady despite the global market mayhem going on around them. Since the start of the year, Dubai’s main stocks gauge has surged about 17%, while Abu Dhabi’s measure has put on around 10% and Qatar 8%. Over the same period, the MSCI EM Index has slumped close to 9%.
10 Best Rising Stocks To Buy Right Now: Vical Incorporated(VICL)
Vical Incorporated engages in the research and development of biopharmaceutical products based on its deoxyribonucleic acid (DNA) delivery technologies for the prevention and treatment of serious or life-threatening diseases. Its products include Allovectin, a Phase III clinical trial product to treat metastatic melanoma; CyMVectin prophylactic vaccine for cytomegalovirus, which completed preclinical trial to prevent infection before pregnancy to preclude fetal transmission; and therapeutic and prophylactic vaccines for herpes simplex type 2 virus, which is under preclinical trial to prevent and protect against recurring flare-ups, reduce viral shedding ,and transmission. The company, through corporate collaborations, develops TransVax, which is in Phase III clinical trials to protect against CMV infection after stem cell transplants, as well as in Phase II clinical trial to protect against CMV infection after solid organ transplants; Collategene, an angiogenic therapy enc oding hepatocyte growth factor that is in Phase III clinical trials to induce local growth of blood vessels to restore blood flow to limbs affected by critical limb ischemia; Apex-IHN prophylactic vaccine for infectious hematopoietic necrosis virus for the prevention of infection and disease in farm-raised salmon when exposed to infected wild salmon ; and ONCEPT therapeutic cancer vaccine encoding human tyrosinase for the treatment to increase survival time of dogs with oral melanoma. Vical Incorporated, through government collaboration, develops Prophylactic and/or therapeutic HIV vaccine, a Phase IIb clinical trial product to prevent/treat infection, disease, and/or viral shedding; and Tetravalent dengue vaccine, a Phase I clinical trial product to prevent dengue disease caused by all 4 dengue serotypes. The company was founded in 1987 and is based in San Diego, California.
Advisors' Opinion:- [By Rich Bieglmeier]
[Related -Vical (VICL) Licenses Vaxfectin Adjuvant For Use In Malaria Vaccines To Cyvax]
Vical researches and develops biopharmaceutical products based on its deoxyribonucleic acid (DNA) delivery technologies for the prevention and treatment of serious or life-threatening diseases.
- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, biopharmaceutical company Vical (NASDAQ: VICL ) has received a distressing two-star ranking.
- [By Roberto Pedone]
Another stock that's starting to trend within range of triggering a major breakout trade is Vical (VICL), which engages in the research and development of biopharmaceutical products based on its DNA delivery technologies for the prevention and treatment of serious or life-threatening diseases. This stock has been hit hard by the sellers over the last six months, with shares off sharply by 65%.
If you look at the chart for Vical, you'll notice that this stock has been trending sideways and consolidating over the last two months, with shares moving between $1.01 on the downside and $1.35 on the upside. Shares of VICL have started to uptrend over the last few weeks, with shares moving higher from its low of $1.01 to its recent high of $1.35 a share. During that move, shares of VICL have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now taken shares of VICL back above its 50-day moving average of $1.16 share and it's quickly pushing the stock within range of triggering a major breakout trade.
Traders should now look for long-biased trades in VICL if it manages to break out above some near-term overhead resistance at $1.35 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 1.17 million shares. If that breakout hits soon, then VICL will set up to re-test or possibly take out its next major overhead resistance level at $1.53 a share to its gap-down day high of $1.61 a share. Any high-volume move above those levels will then give VICL a chance to re-fill some of its previous gap-down-day zone from last August that started at $3.70 a share.
Traders can look to buy VICL off any weakness to anticipate that breakout and simply use a stop that sits just below its 50-day moving average at $1.20 a share or near more support at $1.10 a share. One can also buy VICL off strength once it starts to cle
Best Prefered Stocks To Invest In Right Now: Hexcel Corp (HXL)
Hexcel Corporation (Hexcel), incorporated in 1948, is a composites company. The Company develops, manufactures and markets composites, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, for use in Commercial Aerospace, Space and Defense, and Industrial Applications. Its products are used in a variety of end applications, such as commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, automotive, bikes, skis and a variety of other industrial applications. Hexcel has two segments: Composite Materials and Engineered Products. The Composite Materials consists of carbon fiber, reinforcements for composites, honeycomb core and matrix product lines. The Engineered Products consists of composite structures and specially machined honeycomb product lines.
Composite Materials
The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs, structural adhesives, honeycomb, composite panels, molding compounds, polyurethane systems and laminates that are incorporated into many applications, including military and commercial aircraft, wind turbine blades, recreational products and other industrial applications. HexTow carbon fibers are manufactured for sale to third-party customers, as well as for its own use in manufacturing certain reinforcements and composite materials. Carbon fibers are woven into carbon fabrics, used as reinforcement in conjunction with a resin matrix to produce pre-impregnated composite materials. Carbon fibers is also used in filament winding, hand layup, automatic tape layup and advanced fiber placement to produce finished composite components. Its carbon fibers��product applications include structural components for commercial and military aircraft, space launch vehicles, and certain other applications, such as recreational and industrial equipment.
Industrial fabrics and specialty reinforcements are ma! de from a variety of fibers, including carbon, aramid and other polymers, several types of fiberglass, quartz, ceramic and other specialty fibers. These reinforcements are used in the production of prepregs and other matrix materials used in primary and secondary structural aerospace applications, such as wing components, horizontal and vertical stabilizer components, fairings, radomes and engine nacelles, as well as overhead storage bins and other interior components. Hexcel�� reinforcements are also used in the manufacture of a variety of industrial and recreational products, such as wind energy blades, automotive components, boats, surfboards, skis and other sporting goods equipment.
HexPly prepregs are manufactured for sale to third-party customers and for internal use by its engineered products segment in manufacturing composite laminates and monolithic structures, including finished components for aircraft structures and interiors. Prepregs are manufactured by combining reinforcement fabrics or unidirectional fibers with a resin matrix to form a composite material with structural properties not present in either of the constituent materials. Reinforcement fabrics used in the manufacture of prepregs include glass, carbon, aramid, quartz, ceramic and other specialty reinforcements. Resin matrices include bismaleimide, cyanate ester, epoxy, phenolic, polyester, polyimide and other specialty resins.
Other fiber reinforced matrix developments include HexMC, a form of quasi-isotropic carbon fiber prepreg that enables small to medium sized composite components to be mass produced. HexTOOL is a specialized form of HexMC for use in the construction of high temperature composite tooling. HexFIT film infusion material is a product that combines resin films and dry fiber reinforcements in production and enables the manufacture of contoured composite structures, such as wind turbine blades.
Polymer matrix materials are sold in bulk and film form for use in direct pro! cess manu! facturing of composite parts. Resins can be combined with fiber reinforcements in manufacturing processes, such as resin transfer molding (RTM), resin film infusion (RFI) or vacuum assisted resin transfer molding (VARTM) to produce composite components for both aerospace and industrial applications. Hexcel manufactures and markets a range of Redux film and paste adhesives. These structural adhesives, which bond metal to metal and composites and honeycomb structures, are used in the aerospace industry and for many industrial applications.
HexWeb honeycomb is a cellular structure consisting of nested hexagonal cells. The product is similar in appearance to a cross-sectional slice of a beehive. It can also be manufactured in asymmetric cell configurations for more specialized applications. Honeycomb is primarily used as a lightweight core material and acts as an energy absorber. When sandwiched between composite or metallic facing skins, honeycomb increases the stiffness of the structure, while adding very little weight. The Company produces honeycomb from a number of metallic and non-metallic materials. Its metallic honeycomb is made from aluminum and is available in a selection of alloys, cell sizes and dimensions. Non-metallic materials used in the manufacture of honeycomb include fiberglass, carbon fiber, thermoplastics, non-flammable aramid papers, aramid fiber and other specialty materials. During the year ended December 31, 2011, revenues for the Composite Materials segment to third-party customers represented approximately 77% of its total revenues.
Engineered Products
The Engineered Products segment manufactures and markets composite structures and precision machined honeycomb parts for use in the aerospace industry. Composite structures are manufactured from a variety of composite and other materials, including prepregs, honeycomb, structural adhesives and advanced molding materials, using such manufacturing processes, as autoclave processing, multi-axis nu! merically! controlled machining, heat forming, compression molding and other composite manufacturing techniques. During 2011, revenues for the Engineered Products segment to third-party customers represented approximately 23% of its total revenues. The Engineered Products business unit has a 50% ownership interest in a Malaysian joint venture, Asian Composites Manufacturing Sdn. Bhd.
Advisors' Opinion:- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines include a pair of aerospace upgrades for European Aeronautic Defence and Space Company (NASDAQOTH: EADSY ) and Hexcel (NYSE: HXL ) . But it's not all good news, so let's start off by finding out why.
Best Prefered Stocks To Invest In Right Now: Student Transportation Inc (STB)
Student Transportation Inc. (STI) is a provider of school bus transportation services in North America, conducting operations through wholly owned operating subsidiaries. The Company operates in two segments: a transportation segment and an oil and gas segment. The transportation segment provides school bus and management services to public and private schools in North America. The oil and gas segment represents its investments as a non-operator in oil and gas interests. During the fiscal year ended June 30, 2012 (fiscal 2012), it acquired certain assets of Schumacher Bus Lines; certain assets and contracts of S&K Transportation Inc.; A&B Bus, Co.; School Transportation Services, LLC.; Dairyland Bus, Inc., Dairyland-Hamilton, Inc., Lakeland Area Bus Service, Inc. and Lakeside Buses of Wisconsin, Inc., and certain assets and contracts of Safe Start Transportation of New Jersey, LLC. On May 24, 2012, the Company acquired certain assets and contracts of National Express Corporation. Advisors' Opinion:- [By Charles Sizemore]
Finally, for an off-the-wall pick, consider picking up shares of Student Transportation (STB), North America�� third-largest operator of school buses.� Student Transportation doesn’t just operate more than 10,000 school buses and transport more than a million students daily across the United States and Canada. It’s a monthly dividend stock with a solid yield.
Best Prefered Stocks To Invest In Right Now: Apricus Biosciences Inc(APRI)
Apricus Biosciences, Inc. engages in the design and development of pharmaceutical products and product candidates based on its patented NexACT drug delivery technology. The NexACT drug delivery technology is designed to enhance the delivery of an active drug to improve therapeutic outcomes and reduce systemic side effects that accompany existing oral and injectable medications. The company?s pipeline includes Vitaros, approved in Canada for the treatment of erectile dysfunction; and Totect approved in the U.S. for the treatment of anthracycline extravasation, as well as compounds in development from pre-clinical through pre-registration, focused on sexual dysfunction, oncology, dermatology, autoimmune, pain, anti-infectives, diabetes, and consumer healthcare. The company was founded in 1987 and is headquartered in San Diego, California.
Advisors' Opinion:- [By Eric Volkman]
Apricus Biosciences (NASDAQ: APRI ) is hoping to widen its capital base significantly. The company is floating a mix of common stock and warrants that it hopes will raise net proceeds of nearly $16 million. Six million shares will be sold in an underwritten public offering at $2.85 apiece, and 3 million warrants will be issued separately at an exercise price of $3.40 per share.�
- [By Jon C. Ogg]
Apricus Biosciences Inc. (NASDAQ: APRI) was initiated with a Hold rating and a $2 price target at Cantor Fitzgerald. Be advised that $2 is almost 10% under the prior close of $2.18, against a 52-week range of $1.89 to $3.49.
- [By John Udovich]
On Friday, small cap pharma stock Apricus Biosciences Inc (NASDAQ: APRI) jumped just over 10% and not only�did the stock hold onto those gains, it made�another 10% jumps on Monday���meaning its time to take a closer look at the stock along with the performance of other potential benchmarks in the sexual health or reproductive health spaces like The Female Health Company (NASDAQ: FHCO) and Repros Therapeutics Inc (NASDAQ: RPRX).
Best Prefered Stocks To Invest In Right Now: Brown-Forman Corp (BF.B)
Brown-Forman Corporation, incorporated on October 19, 1933, primarily manufactures, bottles, imports, exports, markets, and sells a variety of alcoholic beverage brands. The Company�� principal brands are Jack Daniel�� Tennessee Whiskey, Jack Daniel�� Tennessee Whiskey, Pepe Lopez Tequilas, Jack Daniel�� Single Barrel, Woodford Reserve Bourbons, Jack Daniel�� Ready-to-Drinks, Canadian Mist Blended Canadian Whiskies, Jack Daniel�� Tennessee Honey, Chambord Liqueur, Jack Daniel�� Winter Jack Chambord Vodka, Gentleman Jack, Collingwood Canadian Whisky, Southern Comfort, Early Times Bourbon, Southern Comfort Ready-to-Drinks, Early Times flavored line extensions, Southern Comfort flavored line extensions, Early Times Kentucky Whisky, Finlandia Vodkas, Korbel California Champagnes, Finlandia Ready-to-Drinks, Little Black Dress Vodkas, Antiguo Tequila, Maximus Vodkas, el Jimador Tequilas, Old Forester Bourbon, el Jimador New Mix Ready-to-Drinks, Sonoma-Cutrer Wines, Herradura Tequilas, and Tuaca Liqueur.
The Company�� products are sold in more than 150 countries around the world. The Company�� international markets include Australia, the United Kingdom, Mexico, Germany, Poland, France, Russia, Japan, Turkey, Canada, Spain, Czech Republic, South Africa, Brazil and Italy.
The Company competes with Bacardi Limited, Beam Inc., Davide Campari-Milano S.p.A., Diageo plc, LVMH Moet Hennessy Louis Vuitton S.A., Pernod Ricard S.A., and Remy Cointreau S.A.
Advisors' Opinion:- [By Sure Dividend]
No matter how much information we have, people will always need to eat. One way to look at if an industry has managed to grow over decades is to see how many Dividend Aristocrats the industry claims. Dividend Aristocrats are businesses that have increased their dividend payments for 25 or more consecutive years, and meet certain size and liquidity requirements. These are businesses that have withstood all of the changes of the last 25 or more years, and managed to grow consistently and profitably. There are 54 Dividend Aristocrats. The list below shows the Dividend Aristocrats whose primary business relates to food and/or beverages:
McDonald�� (MCD) Coca-Cola (KO) PepsiCo (PEP) McCormick & Co. (MKC) Archer-Daniels-Midland (ADM) Hormel Foods (HRL) Brown-Forman (BF.B) Sysco (SYY)Of the 54 Dividend Aristocrats, eight (~15%) make their money from food and/or beverages. Interestingly, six of the seven (ADM and SYY are the exception) make their money from branded consumer food and beverages. If you are looking for slow-changing businesses that grow year after year, branded food companies are a good place to search.
- [By Chuck Carnevale]
Brown ��Forman (BF.B)
In contrast to Oracle Corp., we discover that Brown-Forman with a significantly lower earnings growth rate is currently trading at one of its highest valuations ever. When you consider that this company trades at a PE ratio of 23.3 versus the S&P 500 at a PE ratio of 13.7 or against Oracle with a PE ratio of only 12.1, we can see a wide variation in stock valuations of individual stocks as compared to the S&P 500 index.
- [By Holly LaFon]
TR: Definitely. The most likely places that they��l probably pop up are counterparts to the same businesses that we already own because the economics are good for Richemont (XSWX:CFR). They sell precious jewelry and luxury goods and watches to aspirational consumers around the world. The same economics drive Swatch. I don�� own Swatch, in big measure. I own it for a handful of clients. But that�� kind of the natural sourcing ground for me. I don�� own Compari. I do own Pernod Ricard (PDRDF), Diageo (DEO), Brown Forman (BF.B). Compari�� a great company. They have different brands and strengths in different categories than the three companies that we already own. I could own Compari.
- [By John Udovich]
Whiskey has become increasingly cool and popular thanks to the whole cocktail movement, something that�� good for big whiskey stocks like Suntory Beverage & Food Limited (OTCMKTS: STBFY), Diageo plc (NYSE: DEO) and Brown-Forman Corporation (NYSE: BF.B) who�also produce a wide variety of�liquors and beverages. In fact,�a recent episode of the�Daily Ticker�cited these stats from a USA Today article:
Best Prefered Stocks To Invest In Right Now: King Digital Entertainment PLC (KING)
King Digital Entertainment plc, incorporated on July 3, 2013, is an interactive entertainment company. The Company�� games include Candy Crush Saga, Pet Rescue Saga, Farm Heroes Saga, Papa Pear Saga and Bubble Witch Saga. As of December 31, 2013, an average of 128 million DAUs played its games more than 1.2 billion times per day. The Company makes casual games, which appeal to a wide and growing audience. Users access its games for free anywhere and anytime they wish to, either on their mobile devices, through social networks or via its Website, king.com. The combination of wide game appeal, accessibility, and its multi-platform capabilities enables to attract a broad user base, foster viral growth, and create a compelling, fun and social experience.
The Company operates in developing and monetizing casual online and mobile games. As of December 31, 2013, the Company had a massive network of 324 million monthly users and a track record of long-term retention driven by game longevity and ability to cross-promote new games to its audience. The Company launches new game IPs on its royalgames.com Website, where it receives feedback from its core user base of VIP customers. The Company then identifies the games based on deep performance analytics and its historical experience, and enhance them with additional features and capabilities in its Saga format before releasing them on other distribution channels, such as the Apple App Store, the Google Play Store, the Amazon Appstore and Facebook.
The Company develops and publishes casual games on royalgames.com, its tournament portal, and on mobile and social platforms. Casual games typically include a puzzle element, are easy to learn but hard to master, and can be played with or against others. It builds games across a variety of sub-genres, including switcher (moving pieces to create matches), bubble shooter (building clusters of pieces), clicker (clearing clusters of pieces), card games and several others.
Cand! y Crush Saga
The Company�� popular game, Candy Crush Saga, had 93 million average DAUs and 1,085 million average daily games played across all platforms as of December 31, 2013 . Candy Crush Saga is a switcher game in which players match candies in combinations of three or more to win points and defeat obstacles. Players progress through a colorful candy world with over 500 levels, each offering a different puzzle challenge. Players progress through a colorful candy world with over 500 levels, each offering a different puzzle challenge. The levels get progressively more difficult, with obstacles such as chocolate machines adding further layers of complexity to the game. If players enjoy a specific level, they can return to play it again to see if they can achieve the three star rating. Candy Crush Saga is synchronized across platforms, allowing players to switch seamlessly between devices and platforms and continue their game wherever they left off.
Pet Rescue Saga
Pet Rescue Saga is a clicker game in which players click on groups of similarly colored blocks in order to clear them from the screen. The game offers over 440 levels of play in an animal themed adventure where players have to rescue a range of cute pets from the evil Pet Snatchers. Pet Rescue Saga had 15 million average DAUs and 129 million average daily games played across all platforms in as of December 31, 2013. The aim is to clear enough blocks to guide pets to safety at the bottom of the screen while also achieving the minimum score required. Players also need to think through the consequences of removing any one set of block as this will cause other blocks to move sideways or fall into play. Pet Rescue Saga offers additional challenges in the form of caged pets, stony floors that require a key to unlock and diamonds that can only be removed by landing them on a stony floor. As with the other Saga format games, players can continue through the game without losing lives as long as they complete e! ach level! . Players can also return to specific levels in order to achieve the three star rating. Pet Rescue Saga is synchronized across platforms, allowing players to switch seamlessly between devices and platforms and continue their game wherever they left off.
Farm Heroes Saga
Like Candy Crush Saga, Farm Heroes Saga uses a switcher format, but unlike Candy Crush Saga, it focuses on a collection mechanic. The game is set in a fantasy farmland world with over 380 levels. The game requires players to collect different farm elements, such as carrots, apples, onions and water by matching at least three in a row. To progress, players need to collect sufficient quantities of each element within a limited number of moves. The game requires players to collect different farm elements such as carrots, apples, onions and water by matching at least three in a row. To progress, players need to collect sufficient quantities of each element within a limited number of moves. Once a player has collected enough of each element, the game goes into Hero Mode enabling the player to boost the score through careful use of the remaining moves.
Papa Pear Saga
Papa Pear Saga is a physics-based game with a tropical theme and contains over 290 levels. Papa Pear Saga had five million average DAUs and 37 million average daily games played across all platforms as of December 31, 2013 . The game format features elements of pinball and pachinko. Players have to shoot Papa Pear from a cannon at the top of the screen in order to have him fall into buckets at the bottom of the screen. If players select the right trajectory and power, Papa Pear will hit different elements such as acorns, berries and carrots. This will help clear the screen, making it easier to hit the buckets, and improve the score for the level. If a player uses too much power in the shot or gets the trajectory wrong, Papa Pear will bounce wildly. Different levels also have additional objectives, such as eliminating the right! number o! f acorns or carrots within the allocated number of shots. Once Papa Pear has met the objective, the level ends in a Papa Fiesta, as all remaining Papa Pears dive into play.
Bubble Witch Saga
Bubble Witch Saga is a bubble shooter game in which players need to pick their shots carefully in order to get through a field of bubbles and then clear at least nine spaces at the top of the screen. Over 520 levels of play are offered in this witch-themed game featuring cats, spiders and spirits. Bubble Witch Saga had three million average DAUs and 23 million average daily games played across all platforms as of December 31, 2013, . To make it challenging, each level limits the number of bubbles players can shoot and also sets a minimum score requirement. Points are earned as bubbles fall into cauldrons at the bottom of the screen, bouncing off spiders to increase their value. Through successive accurate shots, players can increase the number of spiders on screen and their score potential. In order to succeed, players not only need to aim accurately but also to plan their shots in advance. As typical in the Saga format, the levels become more difficult as the game progresses. Puzzle challenges include bubbles locked in crystal, bubbles that infect their neighbors with a virus and bubbles of doom that explode upon contact. As with its other games, players can return to specific levels again in order to achieve the three star rating. Bubble Witch Saga is synchronized across platforms, allowing players to switch seamlessly between devices and platforms and continue their game wherever they left off.
The Company competes with Activision Blizzard, Inc.; DeNA Co., Ltd.; Electronic Arts Inc.; Gree International, Inc.; GungHo Online Entertainment America, Inc.; Microsoft Corporation; Nexon Co. Ltd.; NHN Entertainment Corp.; Supercell Oy; Tencent Holdings Limited; Zynga Inc.; Amazon.com, Inc., Apple, Inc., Facebook, Inc., Google Inc., The Walt Disney Company and Yahoo! Inc.! p> Advisors' Opinion:
- [By Leo Sun]
Despite that robust growth, Mojang recently told The Wall Street Journal that it has no plans to go public like Candy Crush Saga maker King Digital Entertainment (NYSE: KING ) .
- [By WWW.DAILYFINANCE.COM]
AOL Well, it had a good, long life. At the beginning of 2013, Sony (SNE) halted production of its iconic game console, the PlayStation 2, after more than a dozen years on the market. Its successor, the PlayStation 3, probably won't even be around as long: The company introduced the PlayStation 4 at the end of 2013. Sony has pledged to support the PS3 (released in 2006) for "as long as there is a good business there for us." It's a rather tepid promise. Most likely, by the time of its demise, PS3 won't be the blockbuster its older brother proved to be. The latter's total global sales were in the neighborhood of 160 million units. Now, toward the apparent tail end of its life, the PS3 has sold just something a bit north of 80 million consoles. Dedicated consoles like the PS2 were nearly synonymous with video gaming earlier this decade, but competing platforms have eaten away at their dominance. And that chomping looks set to continue. Losing the Game The big two combatants in the console market are Sony and Microsoft (MSFT), which in line with its rival unveiled its own new-generation machine, the Xbox One, prior to last year's holiday season. On the surface, both companies have so far enjoyed smashing business with their latest models, moving millions of units. However, zooming in a bit on those sales reveals some cause for concern. According to popular IT news website Tech Crunch, parsing data from researcher NPD, around 271,000 PS4s were sold this past January. For January 2007 -- the month just after the previous generation of consoles (PS3, Xbox 360, etc.) were introduced -- the figure isn't much higher than the PS3's tally of 244,000, and it's beaten by the PS2's nearly 300,000. Remember, at that point PS2 was yesterday's model for Sony. The numbers for Microsoft are more stark. January saw the company sell roughly 141,000 Xbox Ones -- less than half of the 294,000 in sales of the then-fresh Xbox 360 the same month seven years ago. Worse still is t
- [By Stephen Grocer]
The turmoil quickly caused investors to pull back from IPOs. Shares of King Digital Entertainment(KING) PLC, maker of the “Candy Crush Saga” mobile videogame and one of the most anticipated IPOs of the year, debuted on March 26 and plunged 16% that day.
- [By WWW.DAILYFINANCE.COM]
John Raoux/AP From a questionable Hollywood sequel hitting the silver screen to a controversial theme park operator hoping to prove that it's not all wet, here are some of the things that will help shape the week that lies ahead on Wall Street. Monday -- Seizing Caesars Things are getting tense at Caesars Entertainment (CZR). The casino operator made waves last week as some of its creditors initiated a lawsuit claiming that Caesars is transferring assets out of the company as the first step to defaulting on its gargantuan debt. The corporate soap opera will have to play itself out, but on Monday afternoon we'll hear what Caesars has to say as it reports quarterly results. Given the brow-raising restructuring efforts, it's a safe bet that analysts will be asking more about the asset transfer and the lawsuit than the gaming giant's own operations, including massive renovations of The Quad. Tuesday -- Sweet Tooth for Candy Crush There has never been a mobile app as lucrative as King Digital Entertainment's (KING) Candy Crush Saga, paving the way for the casual gaming darling's initial public offering earlier this year. King went public at $22.50, but fears that the game's popularity had peaked late last year kept gains check. The stock currently trades below its March IPO price. King Digital has also used the game's success to introduce players to some of its other apps, though Candy Crush Saga still accounted for two thirds of King's gross bookings during this year's first quarter. We'll get fresh financials out of King on Tuesday, making this a great time to see if Candy Crush Saga is gaining momentum or if King is doing a better job of diversifying its revenue streams. Wednesday -- Get Whale, Soon SeaWorld Entertainment (SEAS) splashes in with its latest quarterly results on Wednesday. Attendance has been sliding since last year's "Blackfish" documentary made it politically incorrect to visit the marine life theme park. If there's a time for the turns
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