video-game maker, posted third-quarter sales that fell short of analysts estimates and cut its full-year revenue outlook as shoppers spend less on games for old consoles. Sales, excluding some items, grew 33 percent to $1.57 billion in the quarter ended Dec. 31, the Redwood City , California-based company said yesterday in a statement . That missed the $1.66 billion average of 24 estimates compiled by Bloomberg. Revenue this quarter will be about $800 million, the company said, shy of analysts estimates of $825.7 million. While a weaker March quarter guide is disappointing, we believe investor focus should be on EAs position as we enter the renewed growth phase for video-game software in the companys next financial year and beyond, Michael Olson , a Piper Jaffray Cos.
Electronic Arts Sales Come Up Short in Console Transition
This is especially true when you consider that Electronic Arts is trading at 33 times earnings, more than twice the 16 times that Activision is trading for. Looking for other great growth stocks? Despite seeing its share price rise so much, Electronic Arts doesn’t look like an ultimate growth opportunity. However, The Motley Fool has found some companies that may fit the bill!
After Jumping 12%, Is Electronic Arts Overvalued?
Follow @edatnews If you plopped down the plastic at arts and crafts store Michaels recently, you might want to check your statement. The company said Saturday that it was investigating a potential payment-card security breach, a la those that affected Target and Neiman Marcus . “Although the investigation is ongoing, based on the information we have received and in light of the widely reported criminal efforts to penetrate the data systems of US retailers, we believe it is appropriate to notify our customers that a potential issue may have occurred,” the company said in a post on its Web site Saturday. Michaels didn’t say how many accounts might be affected. It runs more than 1,000 stores in the US and Canada. Here’s the company’s full statement: Letter from the CEO January 25, 2014 To Our Valued Michaels Customers: As you may have read in the news, data security attacks against retailers have become a major topic of concern. We recently learned of possible fraudulent activity on some US payment cards that had been used at Michaels, suggesting we may have experienced a data security attack.
Arts and crafts chain Michaels says credit card data may’ve been nicked
Its working with federal law enforcement and is conducting an investigation with a data security firm to establish the facts. Although the investigation is ongoing, based on the information the company has received and in light of the widely-reported criminal efforts to penetrate the data systems of U.S. retailers, Michaels believes it is appropriate to let its customers know a potential issue may have occurred, the company said in a statement today. In the past two months, Target Corp.
Irving-based arts and crafts retailer Michaels investigating possible data breach
Shen Yun Performing Arts excellence in capturing the spirit and divine element of the true traditional Chinese culture was not lost on fine arts photographer David Bong. Its a very enlightening show. I think it cultivates you. It gives you a sense of wonderment, he said. Based in New York, Shen Yun Performing Arts was formed in 2006 by a group of Chinese artists who had the wish to revive the heart of Chinas ancient culture, which was almost destroyed with the advent of communism to China, particularly the Cultural Revolution. To borrow the periods of China and not being in ChinaI think they did a marvellous job as far as thats concerned, said Mr. Bong.
Fine Arts Photographer Praises ‘Enlightening’ Shen Yun
Honorees will be selected by an independent panel of judges. The eighth annual Shelley Award also will be presented to an Arizona individual who has advanced the arts through strategic and innovative work in creating or supporting public policy beneficial to the arts in Arizona. The award is named for Shelley Cohn, who spent more than 25 years as executive director of the Arizona Commission on the Arts. Ticket prices are $135 for members of Arizona Citizens for the Arts and $150 for nonmembers. Sponsorships are available. For information and to make reservations go to www.governorsartsawards.org .
2014 Governor’s Arts Awards Attract 84 Nominations; Honorees to Be Announced 3/25
Thursdays through Saturdays, 3 p.m. Sundays. Ends February 23. $35.
Theater review: ‘Discord’ at NoHo Arts Center
Economic systems that shape the way we live, political systems, systems of social, racial, gender stratification have a huge impact on the way we live. Jeffrey Volpintesta, a College of Arts and Sciences junior, said liberal arts degrees are beneficial in that they teach students how to think critically and adapt to a variety of career fields. While you dont learn a specific set of skills, like say a computer scientist would learn how to code software, a liberal arts major, depending on what it is your studying on the whole, teaches you how to learn and how to adapt, he said. Sargent College of Health and Rehabilitation Sciences junior Lindsey Petro said a liberal arts background is not necessary for people like her who are pursuing medical careers. I want to go into something related to the medical field so thats not really what my education is about, Petro said. For someone wanting to go into the medical field, its not really useful. Its good to have a more well-rounded education but I dont see the purpose in very specialized field. Shane Hennessey, a CAS junior, said while there is bias against the value of a liberal arts degree, he believes it will be relevant to his future in environmental sciences. I know some people have that stigma against the whole liberal arts degree, but I think some people really do value it, Hennessey said.
Liberal arts degrees a worthwhile investment, study suggests
(Dan Rosenstrauch/Bay Area News Group) BRENTWOOD — It was a celebration fit for a king. Or Drake the butler, Jacob, the father in “Joseph and the Amazing Technicolor Dreamcoat,” or one of the many other characters Jack Gaughan has brought to life in local plays. For his tireless advocacy for the arts and community service, Gaughan, a self-proclaimed “arts-a-holic,” was awarded Brentwood’s Citizen of the Year. “As you know, I’m dedicated to community and to service. Those are two great words.
Arts advocate Jack Gaughan awarded Brentwood’s top citizen
A statement posted on the center’s Facebook page and attributed to Sarah Kurfis, its executive director, said “arriving at this decision was very difficult” and that during upcoming weeks, CAC administration and board members “will be actively assisting” its residents’ efforts to find new housing. Studio and theater space at the 2413 Collingwood Blvd. “Still, this transformation is the first step in an overall strategy to ensure that CAC remains an integral part of the Toledo community,” the statement said. “Moving forward, the CAC plans to offer art-based programming and create new public spaces for community engagement and creativity. CAC will also be embarking on a capital campaign to restore and maintain our historic building.” Guidelines: Please keep your comments smart and civil. Don’t attack other readers personally, and keep your language decent.
Collingwood Arts Center to end residency program