Sales of the Sony (SNE) PS3 and Microsoft (MSFT) Xbox 360 run behind those of the Nintendo Wii most months and in most countries. Sony has attempted to remedy that by dropping…
Short sellers moved out of tech stocks in large volumes at mid-month. Based on short interest figures as of August 14, shares short in Intel (INTC) fell 33% to 88.3 million. The…
Reuters: Bernanke will be reappointed as Fed chief. Reuters: New deficit projects could hurt Obama’s plans. Reuters: The SEC and Bank of America (BAC) asked a judge again to approve a deal…
There are a number of estimates of what piracy in China costs American software companies. Most are in the $2 billion to $4 billion range. It could be much more than that.…
Douglas A. McIntyre Reuters: Sony (SNE) and Microsoft (MSFT) are battling to control home entertainment but consumers are slow to adopt their technologies. Reuters: The “clunkers” program will end on August 24. Reuters: GM is…
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…
In the not too distant future, video games may have health warning labels like the ones found on Marlboros and Jim Beam. New research performed by the Centers for Disease Control and…
These are Wednesday’s top ten analyst research summary upgrades, downgrades, and initiations from Wall Street brokerage firms: Abercrombie & Fitch (NYSE: ANF) Cut to Neutral at Susquehanna. Alcoa (NYSE:AA) Cut to Neutral…
Reuters: HP (HP) issued optimistic guidance. Reuters: China is investing in the private housing sector. Reuters: Buffett says the US is on a slow path to recovery. Reuters: US regulators urged Citigroup…
In the not too distant future, video games may have health warning labels like the ones found on Marlboros and Jim Beam. New research performed by the Centers for Disease Control and…
Sony’s (SNE) PS3 and Microsoft’s (MSFT) Zune both have the same problem. They substantially under-sell the market leaders. In the case of the Zune, that is Apple’s (AAPL) iPod which has a…
Fidelity Management & Research Company, or FMR, was among the giants which released its quarterly holdings over the most recent days. While it is always interesting to see which holdings are the…
Just when it looked like consumer spending might pick up, one of the hottest retail sectors, at least a year ago, video games, fell apart. In July, the industry had a 29%…
Reuters: The Chinese are learning the problem of easy access to credit cards. Reuters: The US recovery is still slow while France and Germany are rebounding. Reuters: UBS (UBS) clients in America…
Reuters: Wal-Mart (WMT) will report results with Wall St. looking for sales growth. Reuters: US home foreclosures set a record in July. Reuters: Citigroup (C) hired outsiders to help with a management…
