Cable Providers Look At Gaming. Just as Nintendo (NTDOY) prepares to roll out their new Wii U gaming system reports say major cable providers are looking to provide the same gaming experience. Reports say that AT&T (T), Comcast (CMCSA), Time Warner Cable (TWC) and Verizon (VZ), are all in the process of putting together the technology that would eliminate the need for a console. If the cable providers truly provide the same gaming experience the move would be a major threat to console makers Nintendo (NTDOY), Microsoft (MSFT) and Sony (SNE).
Safeway (SWY): BMO Capital raised their rating from Market Perform to Outperform and placed a target price of $25.00 on the company. Pre-market: 16.40 +0.46 (2.89%)
Buffalo Wild Wings (BWLD): RBC Capital raised their rating from Sector Perform to Outperform and raised their target price from $81.00 to $95.00. Pre-market: 83.59 +1.24 (1.51%)
Coinstar (CSTR): Northland Securities lowered their rating from Outperform to Market Perform and lowered their target price from $96.00 to $52.00.
Nabors Industries (NBR): Global Hunter lowered their rating from Accumulate to Neutral and lowered their target price from $17.00 to $16.00. Pre-market: 15.00 -0.08 (-0.53%)
Paychex (PAYX): UBS lowered their rating from Buy to Neutral and maintained their target price of $35.00. Pre-market: 32.95 -1.43 (-4.16%)
Automatic Data Processing (ADP): UBS lowered their rating from Buy to Neutral and lowered their target price from $64.00 to $59.00. Pre-market: 58.15 -0.71 (-1.21%)
Nokia (NOK): BMO Capital lowered their rating from Market Perform to Underperform and placed a $2.00 target price on the company. Pre-market: 2.77 +0.03 (1.09%)
Walgreen (WAG): Goldman Sachs initiated coverage with a Conviction Buy and target price of $43.00. Pre-market: 36.24 +0.57 (1.60%)
NVIDA (NVDA): Roth Capital initiated coverage with a Buy rating and target price of $19.00. Pre-market: 13.71 +0.05 (0.37%)
Paychex (PAYX): Reported EPS of $0.42 beating estimates by +$0.01. Pre-market: 32.95 -1.43 (-4.16%)
Red Hat (RHT): Reported EPS of $0.28 missing estimates by -$0.01. Pre-market: 55.85 -1.69 (-2.94%)
FactSet (FDS): Reported EPS of $1.08 beating estimates by +$0.02. Pre-market: 102.67 -0.13 (-0.13%)
Vail Resorts (MTN): Reported EPS of -$1.50 beating estimates by +$0.05.
Futures at 7:19: Dow . S&P +0.09%. Nasdaq . Crude to $92.78. Gold to $1768.20.
Europe: London +0.06. Paris . Frankfurt .
Asia: Japan . Hong Kong +0.02%. China . India .