DALLAS, Texas 3/26/2009 1:07:00 AM
News / Finance

Technical Trade Alerts on Newsworthy Market Movers: GME, CCL, TRA, IP, JBL, WYE

Beacon Equity Research announces the release of Trade Alerts covering market movers:  GameStop Corp. (NYSE: GME), Carnival Corp. (NYSE: CCL), Terra Industries Inc. (NYSE: TRA), International Paper Co. (NYSE: IP), Jabil Circuit Inc. (NYSE: JBL) and Wyeth (NYSE: WYE).

 

In the Trade Alert, the author highlights the introduction of GameStop’s “Live Like a Chinatown Boss” Sweepstakes:

 

GameStop Corp. (GME) shares slipped 3.14% to $26.20 my noon today. GameStop operates as a retailer of video game products and personal computer (PC) entertainment software. The company recently announced the “Live Like a Chinatown Boss” Sweepstakes in conjunction with the launch of Rockstar Games’ Grand Theft Auto: Chinatown Wars.  Beginning March 20 through May 14, there are two ways to enter to win the Chinatown boss prize package.  The first chance is by participating in the text-to-win program.  Additional runner-up prizes will be given in the amount of $250 GameStop gift cards. … In addition to the sweepstakes, the site features information about the “Spring Break Van Tour.”  GameStop is partnering with Rockstar Games to bring Grand Theft Auto: Chinatown Wars to spring break locations giving fans the chance to play the latest game of the GTA series from March 20 to March 28.

 

The Trade Alert author also featured Carnival’s first-quarter profit increase, exceeding expectations:

Carnival Corp. (CCL) shares climbed .66% to trade at $22.98 at noon today. Carnival operates as a cruise and vacation company.  It also markets and operates hotels or lodges in Alaska and the Yukon Territory of Canada. The company recently said its profit increased 10% in its fiscal first quarter, far exceeding Wall Street's expectations, on lower fuel prices, cost-cutting and other one-time benefits.  Carnival has maintained strong booking volumes by slashing cruise prices.  However, the company  lowered its forecast for fiscal 2009 earnings, in part because prices have remained weak for cruises booked for the second half of this year.


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Beacon Equity Research
Jeff Bishop, (469)-252-3505
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