Meanwhile, Blockbuster ( BBI ) took a few more steps down the road to oblivion when Moody's downgraded its debt to junk status Caa3 with a negative outlook and Roth Capital analyst Richard Ingrassia cut the stock to "Hold" from "Buy" a week after disappointing Q4 results. 
Share:  <span class="sent">Meanwhile, Blockbuster ( <span class="company">BBI</span> ) took a few more steps down the road to oblivion when Moody's downgraded its debt to junk status Caa3 with a negative outlook and Roth Capital analyst <span class="analyst">Richard Ingrassia</span> cut the stock to "Hold" from "Buy" a week after disappointing Q4 results.</span> Tweet this 

Meanwhile, Blockbuster (BBI) took a few more steps down the road to oblivion when Moody's downgraded its debt to junk status Caa3 with a negative outlook and Roth Capital analyst Richard Ingrassia cut the stock to "Hold" from "Buy" a week after disappointing Q4 results. 
Share:  <span class="sent">Meanwhile, Blockbuster (<span class="company">BBI</span>) took a few more steps down the road to oblivion when Moody's downgraded its debt to junk status Caa3 with a negative outlook and Roth Capital analyst <span class="analyst">Richard Ingrassia</span> cut the stock to "Hold" from "Buy" a week after disappointing Q4 results.</span> Tweet this 

Shares of BlockBuster ( BBI ) are off 1% at 39.8 cents after Roth Capital analyst Richard Ingrassia cut the stock to "Hold" from "Buy" a week after disappointing Q4 results . 
Share:  <span class="sent">Shares of BlockBuster ( <span class="company">BBI</span> ) are off 1% at 39.8 cents after Roth Capital analyst <span class="analyst">Richard Ingrassia</span> cut the stock to "Hold" from "Buy" a week after disappointing Q4 results .</span> Tweet this 

Her new target is $9, down from $11. Chen says the downgrade reflects disappointment with the Q1 outlook, uncertainty on when , or if revenue from the company's flagship Mir2 game will recover, and reduced estimates. SNDA: Roth Capital analyst Adam Krejcik cut his rating to Hold from Buy "due to reduced expectations and limited earnings visibility at Shanda Games," which provides most of SNDA's revenues. SNDA also owns the majority of GAME's shares. 
Share:  Her new target is $9, down from $11. Chen says the downgrade reflects disappointment with the Q1 outlook, uncertainty on when , or if revenue from the company's flagship Mir2 game will recover, and reduced estimates.<span class="sent"> <span class="company">SNDA</span>: Roth Capital analyst <span class="analyst">Adam Krejcik</span> cut his rating to Hold from Buy "due to reduced expectations and limited earnings visibility at Shanda Games," which provides most of <span class="company">SNDA</span>'s revenues.</span> <span class="company">SNDA</span> also owns the majority of GAME's shares. Tweet this 

The stocks are down for the second straight day after GAME yesterday provided weak Q1 guidance. GAME: Goldman Sachs analyst Kathy Chen cut her rating on the stock to Neutral from Buy, removing the shares from the firm's Asia Pacific Buy List. Her new target is $9, down from $11. Chen says the downgrade reflects disappointment with the Q1 outlook, uncertainty on when , or if revenue from the company's flagship Mir2 game will recover, and reduced estimates. SNDA: Roth Capital analyst Adam Krejcik cut his rating to Hold from Buy "due to reduced expectations and limited earnings visibility at Shanda Games," which provides most of SNDA's revenues. 
Share:  The stocks are down for the second straight day after <span class="company">GAME</span> yesterday provided weak Q1 guidance. <span class="company">GAME</span>: Goldman Sachs analyst Kathy Chen cut her rating on the stock to Neutral from Buy, removing the shares from the firm's Asia Pacific Buy List. Her new target is $9, down from $11. Chen says the downgrade reflects disappointment with the Q1 outlook, uncertainty on when , or if revenue from the company's flagship Mir2 game will recover, and reduced estimates.<span class="sent"> SNDA: Roth Capital analyst <span class="analyst">Adam Krejcik</span> cut his rating to Hold from Buy "due to reduced expectations and limited earnings visibility at Shanda Games," which provides most of SNDA's revenues.</span>...<span class="company">GAME</span>: Goldman Sachs analyst Kathy Chen cut her rating on the stock to Neutral from Buy, removing the shares from the firm's Asia Pacific Buy List. Her new target is $9, down from $11. Chen says the downgrade reflects disappointment with the Q1 outlook, uncertainty on when , or if revenue from the company's flagship Mir2 game will recover, and reduced estimates.<span class="sent"> SNDA: Roth Capital analyst <span class="analyst">Adam Krejcik</span> cut his rating to Hold from Buy "due to reduced expectations and limited earnings visibility at Shanda Games," w Tweet this 

Anton Brenner, an analyst with Roth Capital Partners , said CKE's prices make sense for the company and that the lower sales are due to the recession, not higher price points. 
Share:  <span class="sent"><span class="analyst">Anton Brenner</span>, an analyst with Roth Capital Partners , said <span class="company">CKE</span>'s prices make sense for the company and that the lower sales are due to the recession, not higher price points.</span> Tweet this 

"It is highly unlikely in our view that there will be a strategic bidder for CKE," said Anton Brenner, an analyst with Roth Capital Partners. 
Share:  <span class="sent">"It is highly unlikely in our view that there will be a strategic bidder for <span class="company">CKE</span>," said <span class="analyst">Anton Brenner</span>, an analyst with Roth Capital Partners.</span> Tweet this 

"But even more important is that it paves the way for more expedient approval of their upcoming games." NetEase doesn't provide guidance, but analysts expect big things from the company. For the first quarter, analysts expect NetEase to record a per share profit of 64 cents vs. 47 cents a year ago. Revenue is expected to rise to $186.8 million from $113.5 million. Analysts are pinning hopes on the WoW factor, says Adam Krejcik, an analyst at Roth Capital Partners. 
Share:  "But even more important is that it paves the way for more expedient approval of their upcoming games." <span class="company">NetEase</span> doesn't provide guidance, but analysts expect big things from the company. For the first quarter, analysts expect <span class="company">NetEase</span> to record a per share profit of 64 cents vs. 47 cents a year ago.<span class="sent"> Revenue is expected to rise to $186.8 million from $113.5 million. Analysts are pinning hopes on the WoW factor, says <span class="analyst">Adam Krejcik</span>, an analyst at Roth Capital Partners.</span>...For the first quarter, analysts expect <span class="company">NetEase</span> to record a per share profit of 64 cents vs. 47 cents a year ago. Revenue is expected to rise to $186.8 million from $113.5 million.<span class="sent"> Analysts are pinning hopes on the WoW factor, says <span class="analyst">Adam Krejcik</span>, an analyst at Roth Capital Partners. "The street is forecasting a pretty big increase from 'World of Warcraft,'" he said.</span> Tweet this