Nintendo Strikes Back
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…
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…
According to Reuters, Obama must get Americans to spend now and save later to help the economy, and consumers are wary of spending. Reuters reports that the SEC will consider restricting short…
According to Reuters, HSBC (HBC) has a successful rights offering to raise $18.9 billion. Reuters reports that a deal for IBM (IBM) to by Sun (JAVA) is near collapse. Reuters writes that…
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…
According to Reuters, the US will woo private capital to get buyers for bank toxic assets. Reuters reports that US shoppers are likely to remain frugal. Reuters reports that US car dealers…
Sir Howard Stringer, the CEO of Sony (SNE), tried to convince himself and his company’s stockholders that the PS3 game platform would be a key component to turning the consumer electronics and…
These are the top downgrades and negative research calls we have seen so far from Wall Street analysts this Thursday morning: Arm Holdings (ARMH) Cut to Neutral at Goldman Sachs. China Unicom…
Sony (SNE) and Google (GOOG) plan to launch a partnership to challenge to Amazon’s (AMZN) modestly successful e-book reader. According to The Wall Street Journal, the project will “give users of the…
According to Reuters, a price battle among goods makers is beginning. Reuters reports that payments to AIG (AIG) employees is causing rage among people already concerned about the bailout. Reuters reports that…
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.…
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…
According to Reuters, AIG (AIG) will receive as much as $30 billion from the government in a deal which pieces of some of the insurance company will be owned by the Fed.…
According to Reuters, Obama is prepared to put up to $750 billion into banks. Reuters reports that the government and Citigroup (C) has worked out an equity conversion deal that will give…
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…
Panasonic will lose $4.2 billion for its fiscal which ends in March. The company says its troubles will cause it to fire 15,000 people. This is the latest in a string of…