There are plenty of 52-week lows out there for the picking. These are some of the major lows we saw today which we have seen. Some are on specific news, ... Read Full Story »
McClatchy Newspapers (MNI) Drops to $.98 as shareholder panic. The 52-week high is $13.31.Stone Energy (SGY) Cuts production view for quarter. Drops to $8.47 from 52-week high of $73.96.Nortel Networks ... Read Full Story »
According to Reuters, Chrysler will idle its plant for a month to cut inventory and costs.Reuters reports that the SEC is under fire over the Madoff investigation.Reuters reports that Obama ... Read Full Story »
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 ... Read Full Story »
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 that Bush said the auto ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
Take-Two Interactive (TTWO) could have taken an overly generous offer from Electronic Arts (ERTS). Instead, it held out for a higher price and hinted that it had other buyers. The ... Read Full Story »
According to Reuters, Lehman (LEH) will seek Chapter 11 protection.Reuters reports that Bank of America (BAC) will buy Merrill Lynch (MER) for $50 billion.Reuters reports that AIG (AIG) is facing ... Read Full Story »
Take-Two Interactive (TTWO) chairman Strauss Zelnick overplayed his hand. He continued to refuse a buyout bid from larger game company Electronic Arts (ERTS). Now Take-Two shareholders will pay for Zelnick's ... Read Full Story »
VSInvestor reports on several stocks moving on heavy volume today. At the top of the list are Freddie Mac (FRE) and Fannie Mae (FNM) dropping on comments from Barron's that ... Read Full Story »
Electronic Arts Inc. (NASDAQ: ERTS) has reported its video game numbers for investors today. The company's net was -$0.30 in GAAP EPS on $804 million in revenues (misleading numbers). Before ... Read Full Story »
According to Reuters, a survey of sovereign wealth funds found concerns about their investment is overblown.Reuters reports that Verizon Wireless (VZ)(VOD) will buy Alltel for over $28 billion. Reuters reports ... Read Full Story »
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) has posted results well above estimates. It reported $539.8 million in net revenues, up more than 150% from last years $205.4 million due to ... Read Full Story »
It is about the time that Electronic Arts (ERTS) is expected to extend its hostile bid of Take-Two Interactive (TTWO). Take-Two has argued that it is worth much more than ... Read Full Story »