GAME News Alert Shanda Games Limited (GAME) 5.18 02/13/2015

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Shanda Games Limited (GAME) 5.18 $GAME

Shanda Games board of directors changes
M2 - Mon Feb 09, 6:01AM CST
Shanda Games Limited (NASDAQ: GAME) said that Shengming Ma has resigned from his position as a member of the company's board of directors for personal reasons.
GAME: 5.18 (-0.04)

15.4% Return Seen to Date on SmarTrend Shanda Games Call (GAME)
Comtex SmarTrend(R) - Fri Feb 06, 11:22AM CST
SmarTrend identified a Downtrend for Shanda Games (NASDAQ:GAME) on December 19th, 2014 at $5.95. In approximately 2 months, Shanda Games has returned 15.39% as of today's recent price of $5.03.
GAME: 5.18 (-0.04)

Shanda Games Announced Changes to Its Board of Directors
PR Newswire - Fri Feb 06, 7:00AM CST
Shanda Games Limited (NASDAQ: GAME, "Shanda Games" or the "Company" , a leading online game developer, operator and publisher in China, today announced that Mr. Shengming Ma has resigned from his position as a member of the Company's board of directors for personal reasons. In addition, Mr. Shaolin Liang, a vice president at Ningxia Zhongyin Cashmere International Group Co., Ltd., which owns 24.1% of the Company's shares, is appointed as a director of the Company.
GAME: 5.18 (-0.04)

Perfect World Privatizes, Renren Next?
Doug Young - Seeking Alpha - Mon Jan 05, 12:10PM CST
Bottom line: Perfect World’s de-listing plan is likely to succeed and could be followed by a merger with Shanda or Giant Interactive, while Renren is likely to also get bought out and de-list by the end of the year. Perfect World (NASDAQ:...
RENN: 2.64 (-0.02), GAME: 5.18 (-0.04), PWRD: 18.95 (+0.02)

Spot the Potential Winners: Research Reports on SEACOR, Shanda Games, Neuroderm, Seadrill, and Lockheed Martin
PR Newswire - Wed Dec 31, 7:50AM CST
Moments ago, Analysts Review released new research updates concerning several important developing situations including SEACOR (NYSE: CKH), Shanda Games (NASDAQ: GAME), Neuroderm (NASDAQ: NDRM) Seadrill (NYSE: SDRL), and Lockheed Martin (NYSE: LMT). Analysts Review provides a single unified platform for investors' to hear about what matters - proudly employing registered CFA® research staff and rigorous compliance procedures. The full research reports are being made available to the public for informational purposes only.
LMT: 196.95 (-0.53), CKH: 73.64 (+1.23), GAME: 5.18 (-0.04), SDRL: 12.32 (-0.70), NDRM: 10.76 (+0.22)

Electronic Arts Stable After PlayStation, XBox Hacked
at Investor's Business Daily - Fri Dec 26, 5:27PM CST
When many Sony PlayStation Network and Microsoft Xbox Live users found it hard to log in Christmas Day, Reuters reported that a hackers group called Lizard Squad claimed responsibility for the service outage. Services appeared to be back up and...
TTWO: 28.40 (+0.96), ATVI: 23.11 (+0.17), EA: 56.39 (+0.20), CYOU: 26.25 (+0.25), GAME: 5.18 (-0.04), SNE: 27.30 (+0.19), MSFT: 43.87 (+0.78), CMGE: 16.13 (+0.37)

Shanda Games Has Returned 30.6% Since SmarTrend Recommendation (GAME)
Comtex SmarTrend(R) - Thu Dec 18, 9:16AM CST
SmarTrend identified an Uptrend for Shanda Games (NASDAQ:GAME) on August 20th, 2013 at $4.69. In approximately 16 months, Shanda Games has returned 30.63% as of today's recent price of $6.12.
GAME: 5.18 (-0.04)

Shanda Games Shares Up 36.9% Since SmarTrend's Buy Recommendation (GAME)
Comtex SmarTrend(R) - Tue Dec 09, 4:51PM CST
SmarTrend identified an Uptrend for Shanda Games (NASDAQ:GAME) on August 20th, 2013 at $4.69. In approximately 16 months, Shanda Games has returned 36.93% as of today's recent price of $6.42.
GAME: 5.18 (-0.04)

Formation of a New Consortium to Acquire Shanda Games
PR Newswire - Mon Dec 08, 9:13AM CST
Shanda Games Limited (NASDAQ: GAME, "Shanda Games" or the "Company" , a leading online game developer, operator and publisher in China, has been informed that Yili Shengda Investment Holdings (Hong Kong) Company Limited ("Yili" , a company formed under the laws of Hong Kong and an affiliate of the Company's acting CEO, Mr. Yingfeng Zhang, and certain of Yili's affiliates filed a statement on Schedule 13D (the "13D Statement" with respect to Shanda Games on December 5, 2014. According to the 13D Statement, Ningxia Yilida Capital Investment Limited Partnership ("Ningxia Yilida" , a limited partnership organized under the laws of the People's Republic of China and the sole shareholder of Yili, and Ningxia Zhongyincashmere International Group Co., Ltd. ("Ningxia" and, together with Ningxia Yilida, the "Consortium" , a company formed under the laws of the People's Republic of China, entered into a consortium agreement on December 5, 2014 pursuant to which they have agreed to form a consortium to acquire the Company in a "going private" transaction (the "Proposed Transaction" . As previously announced, the board of directors (the "Board" of the Company received a preliminary non-binding proposal letter (the "SNDA Proposal" dated January 27, 2014 from a consortium (the "SNDA Consortium" then consisting of Shanda Interactive Entertainment Limited ("Shanda Interactive" , the then-controlling shareholder of the Company, and certain other parties. According to the SNDA Proposal, the SNDA Consortium proposed to acquire the Company in a "going private" transaction for US$3.45 per Class A Share or Class B Share, or US$6.90 per ADS (the "SNDA Proposal" . Subsequently, (i) the Board formed a special committee (the "Special Committee" of independent directors which is authorized to consider the SNDA Proposal and other alternative proposals or competing offers and make recommendations to the Board; and (ii) Shanda Interactive sold all ordinary shares of the Company held by it to various parties, including Ningxia and its affiliates and Yili, and informed the Company that it did not intend to remain a member of the SNDA Consortium. Currently, (i) Ningxia and its affiliates collectively own Class A Shares and Class B Shares representing approximately 24.1% of the Company's issued and outstanding ordinary shares as of October 20, 2014 and approximately 40.1% of the total number of votes represented by the Company's issued and outstanding ordinary shares as of October 20, 2014; and (ii) Yili owns Class B Shares representing approximately 9.1% of the Company's issued and outstanding ordinary shares as of October 20, 2014 and approximately 34.5% of the total number of votes represented by the Company's issued and outstanding ordinary shares as of October 20, 2014.
GAME: 5.18 (-0.04)

40.0% Return Seen to Date on SmarTrend Shanda Games Call (GAME)
Comtex SmarTrend(R) - Tue Dec 02, 11:04AM CST
SmarTrend identified an Uptrend for Shanda Games (NASDAQ:GAME) on August 20th, 2013 at $4.69. In approximately 16 months, Shanda Games has returned 40.02% as of today's recent price of $6.56.
GAME: 5.18 (-0.04)

Shanda appoints COO
Seeking Alpha - at Seeking Alpha - Mon Dec 01, 11:38AM CST

GAME: 5.18 (-0.04)

Shanda Breakup Nears End With Game Unit Sale
Doug Young - Seeking Alpha - Thu Nov 27, 11:19AM CST
Bottom line: Chen Tianqiao's sale of his Shanda Games stake marks his symbolic exit from online entertainment, and he will probably return to deal-making by setting up his own private equity firm. The slow-motion breakup of the online...
GAME: 5.18 (-0.04), KUTV: 1.00 (+0.01)

Shanda Games' parent sells controlling stake; CEO becomes chairman
Seeking Alpha - at Seeking Alpha - Wed Nov 26, 3:00PM CST

GAME: 5.18 (-0.04)

Sale of Controlling Interest in Shanda Games by Shanda Interactive Entertainment Limited; Changes to Shanda Games Board and Board Committee Composition
PR Newswire - Wed Nov 26, 12:43PM CST
Shanda Games Limited (NASDAQ: GAME, "Shanda Games" or the "Company" , a leading online game developer, operator and publisher in China, has been informed by Shanda Interactive Entertainment Limited ("Shanda Interactive" , the former controlling shareholder of Shanda Games, of the completion of the sale by Shanda SDG Investment Limited ("Shanda SDG" , a wholly owned subsidiary of Shanda Interactive, of (i) 48,759,187 class B ordinary shares of the Company ("Class B Shares" to Zhongrong Shengda Investment Holdings (Hong Kong) Company Limited ("Zhongrong" , a company formed under the laws of Hong Kong and an affiliate of Ningxia Zhongyincashmere International Group Co., Ltd. ("Ningxia" , and (ii) 48,759,187 Class B Shares to Yili Shengda Investment Holdings (Hong Kong) Company Limited ("Yili" , a company formed under the laws of Hong Kong and an affiliate of the Company's acting CEO, Mr. Yingfeng Zhang ((i) and (ii) together, the "Sale" . As previously announced, Ningxia also entered into a share purchase agreement with Shanda SDG to purchase 80,577,828 class A ordinary shares of the Company ("Class A Shares" , and the Company has been informed by Ningxia that, pursuant to the share purchase agreement, an affiliate of Ningxia completed such purchase on September 23, 2014. Upon the completion of the Sale, (i) Shanda Interactive no longer beneficially owns any ordinary shares of the Company; (ii) Ningxia and its affiliates collectively own Class A Shares and Class B Shares representing approximately 24.1% of the Company's issued and outstanding ordinary shares as of October 20, 2014 and approximately 40.1% of the total number of votes represented by the Company's issued and outstanding ordinary shares as of October 20, 2014; and (iii) Yili owns Class B Shares representing approximately 9.1% of the Company's issued and outstanding ordinary shares as of October 20, 2014 and approximately 34.5% of the total number of votes represented by the Company's issued and outstanding ordinary shares as of October 20, 2014.
GAME: 5.18 (-0.04)

Nomura says Buy CMGE on Rich IP Resources and Solid Growth, Target Price US$32
JCN Newswire - Wed Nov 26, 4:55AM CST
Nomura issued a report on China Mobile Games and Entertainment Group Limited ("CMGE" or the "Company" (Nasdaq: CMGE) on 18th November, 2014. The stock rating maintains "Buy" and the target price has raised to US$32.00.
GAME: 5.18 (-0.04), CMGE: 16.13 (+0.37)

Shares of GAME Up 40.2% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Nov 25, 9:40AM CST
SmarTrend identified an Uptrend for Shanda Games (NASDAQ:GAME) on August 20th, 2013 at $4.69. In approximately 15 months, Shanda Games has returned 40.23% as of today's recent price of $6.57.
GAME: 5.18 (-0.04)

Falling Earnings Estimates Signal Weakness Ahead for Demand Media (DMD) - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Nov 25, 7:47AM CST
Demand Media (DMD) has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions over the last month as well.
DHX: 8.56 (unch), DMD: 5.13 (+0.10), GAME: 5.18 (-0.04), LOV: 3.69 (-0.04)

39.6% Return Seen to Date on SmarTrend Shanda Games Call (GAME)
Comtex SmarTrend(R) - Tue Nov 18, 9:11AM CST
SmarTrend identified an Uptrend for Shanda Games (NASDAQ:GAME) on August 20th, 2013 at $4.69. In approximately 15 months, Shanda Games has returned 39.59% as of today's recent price of $6.54.
GAME: 5.18 (-0.04)

Jiayuan.com International Ltd. (DATE) Jumps: Stock Up 8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Nov 13, 8:32AM CST
Jiayuan.com International Ltd. (DATE) was a big mover last session, as the company saw its shares rise more than 8% on the day.
DHX: 8.56 (unch), DATE: 4.83 (-0.12), GAME: 5.18 (-0.04), XOXO: 16.43 (-0.06)




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