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 recession-resistant…
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…
There is another blockbuster gaming event this week on November 7: the release of "Gears of War 2 " The game published by Microsoft (NASDAQ: MSFT) Game Studio’s unit and developed by…
These are some of the many research upgrades we have seen from Wall Street analysts this Monday morning with more than two hours to the open: Ann Taylor (ANN) Raised to Neutral…
GameStop (NYSE: GME) has reached a deal to make another video game chain acquisition. It is in a definitive agreement to acquire Micromania. This chain is France’s leading video game retailer with…
Douglas A. McIntyre Oshkosh (OSK) Hit by class action suit over SEC disclosure regulations. Falls to $9.05 from 52-week high of $63.55. International Game Technology (IGT) Concerns it will lose patent lawsuit. Drops to $15.22…
These are ten of the analyst calls we are focusing on early this Monday morning: AGCO Corp. (NYSE: AG) Raised to Outperform from Market Perform at Wachovia. AT&T (NYSE: T) & Verizon…
We at 247WallSt.com have made calls doing our own checks to see just how the new blockbuster mega-hit Grand Theft Auto 4 video game from take-Two Interactive (NASDAQ: TTWO) is selling at…
GameStop Corp. (NYSE: GME) has seen shares downgraded at Goldman Sachs this morning. The brokerage firm cut its already cautious Neutral rating down to a new Sell target. The stock target is…
Douglas A. McIntyre GameStop Corp. (NYSE: GME) has just posted its earnings with $1.14 diluted EPS on revenues of $2.8656 Billion. The estimates for the largest pure-play video game retailer from First Call were $1.12…
Douglas A. McIntyre Tuesday morning we’ll get to see earnings out of GameStop Corp. (NYSE: GME). The estimates for the largest pure-play video game retailer from First Call are $1.12 EPS on $2.89 billion in…
Douglas A. McIntyre These are not the only upgrades and downgrades affecting shares in pre-market trading today, but these are the initial calls that 247WallSt.com is focusing on: American Express (NYSE: AXP), Capital One (NYSE:…
NPD released its monthly video game data showing that December video game spending increased 30.9% from December 2006. What is interesting is that software sales of game titles were up 36%, while…
Vivendi’s Blizzard could have a new trick up its sleeve in MMORPG (massively multi-player online role playing games) besides its pending merger. There is a report on the MMORPG Blog noting a…
Just one week ago 24/7 Wall St. suggested that Nintendo (OTC:NTDOY) might try a Hail Mary Pass and offer a voucher with a guarantee if they can ramp more from manufacturing or…
