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With Star Wars relaunch, the Force is with Electronic Arts

July 31- Electronic Arts Inc is back from the "dark side". EA said on Thursday that "extremely strong" preorders for "Star Wars: Battlefront" were behind its decision to raise its full-year revenue forecast to $4.45 billion from $4.40 billion. "is merely trying to rein in runaway expectations for Star Wars, during a highly competitive holiday window for first-person...
Source: Reuters | By: Sai Sachin R and Anya George Tharakan
Medical records firm wins massive Defense contract

The Defense Department has tapped medical records firm Cerner, along with its partners Leidos and Accenture, to help overhaul the military's massive health IT system.
Source: CNBC.com | By: Bertha Coombs
UPDATE 1-Leidos team wins $4.34 bln contract for U.S. military health records

WASHINGTON, July 29- The U.S. Defense Department on Wednesday awarded a team led by Leidos Holdings Inc a contract valued at up to $4.34 billion to build a new electronic health record system for 9.6 million current and retired military service members. The Pentagon's chief arms buyer, Frank Kendall, said the contract was worth under $9 billion over the next 18...
Source: Reuters | By: Andrea Shalal
After-hours buzz: Skechers, Whole Foods & more

Check out the companies making headlines after the bell Wednesday: Skechers, Whole Foods, LifeLock & more.
Source: CNBC.com | By: Karma Allen
Shutterfly quarterly revenue rises 15.5 pct

July 29- Shutterfly Inc reported a 15.5 percent rise in quarterly revenue as more customers used its personalized photo-based products and services. The company's net loss narrowed to $23.8 million, or 63 cents per share, in the second quarter ended June 30 from $27.1 million, or 70 cents per share, a year earlier. Net revenue rose to $183.9 million from $159.1...
Source: Reuters
UPDATE 1-IAC's profit beats estimates on strong dating business growth

The company's search business is its largest, but the dating business Match Group is seen as the crown jewel of the conglomerate and has been driving strong results for the past few quarters. Match Group earlier this month agreed to buy dating website PlentyOfFish to push deeper into the lucrative mobile-based dating business, which attracts users with its...
Source: Reuters
Barry Diller's IAC reports 2 pct rise in revenue

July 28- Media mogul Barry Diller's IAC/InterActiveCorp reported a 2 percent rise in quarterly revenue as more users signed up for its dating services such as Match.com and mobile app Tinder. IAC's net income was $59.3 million, or 68 cents per share, in the second quarter ended June 30, compared with a net loss of $18 million, or 22 cents per share, a year earlier.
Source: Reuters
Video app Meerkat to allow live-streaming from GoPro cameras

July 23- Users of GoPro Inc's high-end cameras will be able to directly stream video shot by their cameras onto live-streaming video app Meerkat. The move by Meerkat to integrate with GoPro is its latest to top rival Periscope, owned by Twitter Inc.. Meerkat, which boasts celebrity users such as talk show host Jimmy Fallon, lets people stream videos that cannot be...
Source: Reuters
UPDATE 1-SanDisk's profit, revenue beat Street; shares rise

July 22- Data storage products maker SanDisk Corp reported better-than-expected quarterly profit and revenue, helped by new products and higher retail sales. However, SanDisk's revenue fell 24 percent to $1.24 billion in the second quarter from a year earlier, hurt by lower sales of solid-state drives. SanDisk's net income plunged to $81 million, or 38 cents...
Source: Reuters
DEALTALK-Spending cuts fuel government contractor M&A

NEW YORK/ WASHINGTON, July 22- Companies that provide the U.S. government with services ranging from air traffic management and data analytics to janitors and trainers for military dolphins are increasingly trying to find buyers for those businesses as cuts in public spending erode profit margins. Showing growing impatience with a declining sector,...
Source: Reuters | By: Mike Stone and Andrea Shalal