InfoAnda - Analysts see recovery sprouting at FarmVille creator Zynga |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

U.S., U.K. Call For Aung San Suu Kyi's Release In Myanmar | 12 August 2009
Jackie Chan's China comments prompt backlash | 19 April 2009
'Hurt Locker' wins pre-Oscars indicator | 21 February 2010

Movement under way in California to ban divorce | 2 December 2009

Forum Views () Forum Replies ()

Read more with google mobile : Analysts see recovery sprouting at FarmVille creator Zynga |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus Nicholas Wapshott Bethany McLean Anatole Kaletsky Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Reihan Salam Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Pictures Meet the iPad mini Apple unveils their smallest iPad yet. Slideshow Follow Reuters Facebook Twitter RSS YouTube Read Colin Powell endorses Obama for second term 11:31am EDT French Muslims demand group ban after mosque attack 22 Oct 2012 Analysis: Americans to face tougher 2013 on rising prices, taxes 7:25am EDT White House told of militant claim two hours after Libya attack: emails 23 Oct 2012 UPDATE 4-U.S. sues Bank of America over 'Hustle' mortgage fraud 24 Oct 2012 Discussed 530 White House told of militant claim two hours after Libya attack: emails 152 After final debate, Obama says election comes down to trust 119 Obama talks Libya and Biden’s swimsuit on ”Daily Show” Sponsored Links Analysts see recovery sprouting at "FarmVille" creator Zynga Tweet Share this Email Print Related News Zynga shores up 2012 view after revenue beat, shares jump Wed, Oct 24 2012 Wall Street falls after tepid earnings and steady Fed Wed, Oct 24 2012 Facebook's mobile surprise allays growth fears Wed, Oct 24 2012 Zynga cuts 5 percent of work force, ending 13 games Tue, Oct 23 2012 Mobile revolution, economy trip up tech giants Fri, Oct 19 2012 Related Topics Tech » Hot Stocks » Asian Markets » Media » A bird flies above the corporate headquarters of Zynga Inc, the social network game development company, in San Francisco, California April 26, 2012. Credit: Reuters/Robert Galbraith Thu Oct 25, 2012 10:28am EDT (Reuters) - Zynga Inc's quarterly revenue beat and its higher full-year earnings forecast show the embattled "FarmVille" creator may be on the path to recovery, analysts said, with at least one brokerage upgrading the company's stock. Shares of the company rose 18 percent to $2.50 in early trade on Thursday on the Nasdaq. Since going public at $10 per share last December, Zynga has lost over three-quarters of its market value as the company struggled with delays in launching new titles as older ones fell out of favor. Zynga raised the lower end of its 2012 earnings forecast on Wednesday and also announced a new deal with British company bwin.party to offer online real-money gambling and a $200 million share buyback plan. "The announcement of a buyback, while rare for a company that less than a year ago was considered a 'high-flying', fast-growing 'hot' IPO, nonetheless signals that the board is confident in the company's future," Needham & Co analyst Sean McGowan wrote in a note. He raised his rating on the stock to "buy" from "hold". "While not bullish on the likely success of Zynga's new titles, since management recognizes that its older social games on Facebook are falling, it will spend accordingly and pivot more quickly to mobile," McGowan said. Zynga laid off 5 percent of its full-time workforce and shut its Boston office on Tuesday as part of a sweeping cost-cutting campaign that may eventually result in the company closing its Japanese and British studios as well. While it is healthy to evaluate cost-cutting initiatives, any material reduction in Zynga's creative talent could also lead to an erosion in innovative new game development, analysts at Piper Jaffray said in a note. A new share buyback and real-money gaming partnership with Bwin.party will help, but ultimately Zynga needs to demonstrate it can produce hit titles on multiple platforms - mobile, social and browser, Robert W. Baird & Co said in a note. As sales from one-time cash cows, "FarmVille" and "CityVille," are fading fast, Zynga is now investing more heavily in "mid-core" games, which require more development resources but are more immersive. "We expect the strength of its development capabilities as well as its distribution to eventually drive better performance; we believe caution is warranted until we see signs of improved execution," BMO Capital Markets analyst Edward Williams said. (Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Sriraj Kalluvila) Tech Hot Stocks Asian Markets Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 25 October 2012
Syria government indicates accepts holiday truce: Russia |
Syria may exploit instability in Lebanon: Clinton |
Mali war plan to be ready within weeks: AU |
Ecuador fears for Assange's health, seeks UK safe passage |
Berlusconi confirms will not run in 2013 Italy election |
Crew of Argentine ship seized in Ghana fly home |
Apple's stock chart loses some sheen before results |
Symantec beats Street view as new CEO begins turnaround |
Zynga's revenue rises, beats Street; shares climb |
Chipmaker LSI's revenue forecast below estimates |
Tom Cruise files $50 million lawsuit over claims he abandoned Suri |
Jason Aldean takes Billboard No. 1, Swift's Red storming |
Rare James Bond posters hitting auction block in LA |
Ghost Exchange film questions runaway stock market technology |
Liz Taylor tops list of highest earning dead celebrities |
Fighting erupts near Damascus ahead of truce deadline |
Egypt brokers informal Israel/Gaza truce: Israeli official |
Insight: Hungary's far-right party gains as it targets Roma |
North Korea new leader still a mystery after nearly a year: Pentagon |
After decades behind bamboo curtain, Laos to join WTO |
Disabled South Koreans protest inhumane benefits system |
African Union reinstates Mali ahead of military action |
Syria government indicates accepts holiday truce: Russia |
Apple's Mac flies in under the radar |
Sprint unveils new data plans for 4G LTE tablets |
Tech focus now on Microsoft Windows 8, Surface tablet |
TSMC sees six months of weaker sales after record Q3 profit |
U.S. ITC judge says Samsung infringed Apple patents |
Obama tackles rape comments, fiscal cliff on TV talk show |
Ex-Britney Spears confidante sobs over death threats |
Fighting rages in Syria before Brahimi's truce |
Libyan suspect in U.S. envoy attack killed in Cairo |
WikiLeaks says releases hacked U.S. detainee rules |
Insight: Bomb blast brings Lebanon's party capital to juddering halt |
Man in Afghan uniform kills two U.S. servicemen: NATO |
Lawyer for China's deposed Bo unsure if he can take case |
Tymoshenko urges Ukrainians to reject Yanukovich at election |
South Africa union agrees gold mine pay deal as most strikers return |
UK Savile police staggered at extent of inquiry |
Georgian tycoon Ivanishvili confirmed as prime minister |
Microsoft set to unveil Windows 8, Surface tablet |
Windows 8 recasts PC industry: CEO Ballmer |
Exclusive: Huawei partner offered U.S. tech to Iran |
Analysts see recovery sprouting at FarmVille creator Zynga |
China's ZTE slumps to quarterly loss, margins bleed |
Rolling Stones surprise Paris with $20 gig |
Obama tackles rape comments, fiscal cliff on TV talk show |
1960s music hero Riley: The pendulum will swing |
Beethoven discovery gets first performance in UK |
China's Ai Weiwei bemoans block on his Gangnam parody |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01