The video game sector was supposed to be one of the relative beneficiaries of the recession even if it was not to be entirely immune. The sector was part of the ‘in-living…
Over the past week, the 24/7 Wall St./The Channel Checkers poll surveyed Gamestop and EB Games stores across the United States to track sales trends of gaming consoles and video games. We asked the…
Microsoft Corp. (NASDAQ: MSFT) is making some strong projections and updates for its Xbox video gaming system. The company noted that global sales of the Xbox 360 unit have now crossed the…
Reuters:Â Â Chrysler is already seeing positive effects from bankruptcy. Reuters:Â Â The US is working with GM (GM) on a Chapter 11 filing as the June1 deadline looms. Reuters:Â Â Pimco’s Gross says US…
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 States …
Douglas A. McIntyre These are the top pre-market analyst upgrades or positive calls from Wall Street which we have seen early this Wednesday morning: Arris (ARRS) Started as Overweight at Thomas Weisel. Ashland (ASH) Raised…
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…
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…
