ERTS

ERTS Articles

Reuters:   The Treasury is keeping banks guessing about when they can repay TARP funds. Reuters:   Bank of America (BAC) has raised more than $13 billion in share sales. Reuters:  ...
According to Reuters, Bank of America (BAC) will have to raise billions of dollars. Reuters reports that a judge has approved a quick auction of Chrysler assets over the objections of creditors....
Barron’s reports that there are rumors that Take-Two (TTWO) may receive a takeover offer soon. It turned down an offer from Electronic Arts (ERTS) last year. The shares are up 12% to $9.43. The...
According to Reuters, the government’s auto task force will meet with GM (GM) to push ahead its restructuring. Reuters writes that US banks may still need aid. Reuters writes that Morgan...
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide margin, or...
According to Reuters, Motorola (MOT) is betting much of its future on the Google (GOOG) Android phone system. Reuters reports that car sales hit a 27-year low. Reuters reports that Obama plans to set...
Electronic Arts Inc. (NASDAQ: ERTS) posted a net loss on a GAAP basis and announced plans to cut staff and close factories. It reported $0.56 EPS in non-GAAP earnings and  non-GAAP revenue of $1.74...
Electronic Arts Inc. (NASDAQ: ERTS) is set to report earnings after the close of trading today.  The (former) largest US-based video game company is expected to post $0.91 non-GAAP EPS on $1.92...
Take-Two Interactive Software Inc. (NASDAQ: TTWO) just joined the ranks of video game publishers with bad earnings. Real bad earnings. And thank heavens for non-GAAP accounting. The company posted a...
According to Reuters, there may be another bubble in commodities prices. Reuters reports that the recession is hurting Japan’s economic sentiment and China’s industrial output. Reuters writes...
These are the top downgrades or negative calls we have seen this Wednesday morning from Wall Street analysts: American Express (AXP) Started as Sell at Banc of America; Started as Sell at Citigroup....
According to Reuters, the House will vote on the auto bailout as early as this week. Reuters writes that Rio Tinto (RTP) will cut 14,000 jobs. Reuters reports that AIG (AIG) owes other firms $10...
Electronic Arts Inc. (NASDAQ: ERTS) signaled about six weeks ago that the video game industry wasn’t recession-proof.  It turns out that the company (and likely the sector) is not even as...
These are the top research downgrades and negative analyst calls we are seeing this Monday morning with more than two hours to the open: Abercrombie & Fitch (ANF) Cut to Market Perform at FBR....
In about 36 hours, the highly awaited release of "Gears of War 2" comes to stores for a midnight opening.  The Microsoft (NASDAQ: MSFT) Game Studio published game developed by Epic Games Inc. comes...