video games
video games Articles
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...
Published:
Last Updated:
Nintendo executives are almost certainly upset that the Sony (SNE) PlayStation outsold the company’s Wii gaming system in Japan last month. The Wii has held a large margin in unit sales for several...
Published:
Last Updated:
As part of The 24/7 Wall St–The Channel Checkers survey series, 0ver the past week, The Channel Checkers surveyed 24 GameStop (GME) and EB Games (same parent company) stores across the United...
Published:
Last Updated:
Sohu.com Inc. (NASDAQ: SOHU) is completing the first partial spin-off initial public offering of its Changyou.com (NASDAQ: CYOU). This IPO will trade today and we are still awaiting the time stamp...
Published:
Last Updated:
Nintendo already has a significant lead in the game console business. Its Wii routinely outsells the Microsoft (MSFT) Xbox 360 and Sony (SNE) PS3. The Japanese company seems to think its advantage is...
Published:
Last Updated:
We may actually get an IPO as soon as early next week. This recent filing from Sohu.com Inc. (NASDAQ: SOHU) for the proposed spin-off of Changyou.com is supposed to trade under the ticker of...
Published:
Last Updated:
It has been a while since we had an IPO filing and the IPO market has been a ghost town with only a handful of deals since last summer. Changyou.com, a Chinese MMORPG video game operator,...
Published:
Last Updated:
The economy is so bad that most people live in a world where they shop at Wal-Mart (WMT) and eat at McDonald’s. Finding entertaining things to do has simply gotten too expensive. Nintendo has been...
Published:
Last Updated:
According to the new 24/7 Wall St–Channel Checkers Survey of 30 Game Stop (GME) and EB Games locations, Sony (SNE) PS3 sales are better relative to Microsoft (MSFT) Xbox and Nintendo Wii than...
Published:
Last Updated:
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...
Published:
Last Updated:
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...
Published:
Last Updated:
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...
Published:
Last Updated:
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...
Published:
Last Updated:
The recession is not breaking the video game addiction shared by so many Americans. Even in a downturn they can find cash for games and consoles. Microsoft (MSFT) said Xbox sales broke records on...
Published:
Last Updated:
Apple’s (AAPL) iPhone does everything. It is a phone, a multimedia player, a web browser, and a washing machine. Now, Apple wants the iPhone to be a gaming platform and it is going to take on the...
Published:
Last Updated: