New Compatibility Solutions, Gaming Developments and Launches, and Pricing of Convertible Senior Notes - Research Report on Electronic Arts, Take-Two, Activision, Cornerstone and Rovi
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NEW YORK, June 17, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Electronic Arts Inc. (NASDAQ: EA), Take-Two Interactive Software Inc. (NASDAQ: TTWO), Activision Blizzard, Inc. (NASDAQ: ATVI), Cornerstone OnDemand, Inc. (NASDAQ: CSOD) and Rovi Corporation (NASDAQ: ROVI). 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 June 10, 2013, Electronic Arts Inc.'s (EA) award-winning studio, DICE and developer of the blockbuster Battlefield franchise announced that fan-favorite Mirror's Edge is in early stages of development. Mirror's Edge was first introduced in 2008 and fans quickly elevated the game's heroine "Faith" into a videogame icon. Powered by DICE's proprietary Frostbite™ technology, the game will be heading to Xbox One, the all-in-one games and entertainment system from Microsoft, the PlayStation4, and PC. "We introduced Mirror's Edge and Faith to gamers five years ago, and we've waited for the right moment to reunite them," said Sara Jansson, Senior Producer, DICE. "Thanks to the Frostbite engine and a new generation of platforms, we are now able to deliver a richer world that players will be able to explore with a new level of freedom in both movement and action." 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.wsreports.com/r/full_research_report/4146_EA]
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Take-Two Interactive Software Inc. Research Report
On June 12, 2013, Take-Two Interactive Software, Inc. (Take-Two) announced that it intends to offer $250 million of convertible senior notes due 2018 subject to market and other conditions. The Company also expects to grant the underwriters an option to purchase up to $37.5 million of additional notes to cover over-allotments. The offering will be made only by means of a prospectus, forming a part of the Company's shelf registration statement, prospectus supplement and other related documents. 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.wsreports.com/r/full_research_report/e946_TTWO]
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Activision Blizzard, Inc. Research Report
On June 9, 2013, Activision Blizzard, Inc.'s wholly owned subsidiary, Activision Publishing, Inc. (Activision Publishing) announced that it started the Entertainment Expo 2013 (E3) early this year with an unprecedented live telecast to fans around the world, showcasing a first look at new gameplay from the upcoming Call of Duty: Ghosts. "Every year our team puts on an amazing production to showcase our games at E3, a spectacle that delivers an epic, immersive experience that takes your breath away. Yet all our fans aren't able to be here and share in the moment," said Activision Publishing Chief Executive Officer, Eric Hirshberg. "So, since our fans can't come to E3, we're bringing E3 to them. This year we're making sure the Call of Duty community is first in line to see Call of Duty: Ghosts as we kick-off what's going to be a historic week." 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.wsreports.com/r/full_research_report/5a45_ATVI]
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Cornerstone OnDemand, Inc. Research Report
On June 12, 2013, Cornerstone OnDemand Inc. (Cornerstone) announced the pricing of$220 million aggregate principal amount of convertible senior notes due 2018. Cornerstone also granted the initial purchasers of the notes an option to purchase up to an additional $33 million aggregate principal amount of the notes to cover overallotments, if any. The Company expects the sale of the notes to the initial purchasers to settle on June 17, 2013, subject to customary closing conditions. The notes will be senior unsecured obligations of Cornerstone, and interest will be payable semi-annually in arrears at a rate of 1.50% per year. The initial conversion rate is 18.5 shares of common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $54.04 per share. Cornerstone expects to use a portion of the net proceeds for the cost of the convertible note hedge transactions, and for general corporate purposes. The Full Research Report on Cornerstone OnDemand, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/aad1_CSOD]
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Rovi Corporation Research Report
On June 10, 2013, Rovi Corporation (ROVI) and SeaChange International announced the demonstration of an integrated guide and gateway built to industry standard reference design kit (RDK) specification. By aligning Rovi TotalGuide with the SeaChange Nucleus Soft Box, the companies are demonstrating a solution that incorporates an HTML guide rendered by a WebKit browser that could be rapidly deployed in RDK-based gateways and set-top boxes, independent of the set-top hardware manufacturer. RDK is an open-source, standardized specification set to promote the compatibility of different technology components as they are being developed for next-generation cable and IP-enabled gateways and set-tops. "At Rovi, we're committed to making it as easy as possible for customers to roll out new products to the market," said Thierry Lehartel, Vice President of Product Management for Guides at Rovi. "At The Cable Show, we are demonstrating the flexibility of TotalGuide to adopt innovative new industry standards and work with applications such as SeaChange's Nucleus Soft Box to enable the deployment of advanced new applications and experiences into the home." The Full Research Report on Rovi Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/a387_ROVI]
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SOURCE Wall Street Reports
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