MCV, the games business site, reports that Take-Two Interactive (NASDAQ:TTWO) will lay-off 400 people, or 20% of its work force. The company’s VP of Corporate Affairs, Alan Lewis, denied the rumor but said…
Douglas A. McIntyre Updated throughout the day Lloyd Blankfein of Goldman Sachs (NYSE:GS) will get a $100 million bonus (Times of London) Morgan Stanley (NYSE::MS) will hire hundreds of traders over the next few years…
These are this morning’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Capital One Financial (NYSE: COF) Raised to Buy at SunTrust. Caterpillar Inc. (NYSE: CAT) Raised to…
Each year some large retailers face the fall-out of a weak holiday season. The problem was particularly acute in 2009 because the improvement from 2008 was modest if there was any improvement…
Shares in companies including GameStop (NYSE:GME), Sony (NYSE:SNE), Microsoft (NASDAQ:MSFT), and Take-Two (NASDAQ:TTWO) will be affected by a disclosure from Electronic Arts (NASDAQ:ERTS) that it will badly miss its earnings forecasts. EA…
Reuters: US business investment is rising. Reuters: Another outage shut down RIM’s (NYSE:RIMM) BlackBerry network. Reuters: Geithner said tight lending could hurt US economy. Reuters: Microsoft (NASDAQ:MSFT) lost an appeal over IP…
These are this Friday’s top day trader alerts in the pre-market trading. We have more details on the news but more importantly for the traders on the data and analysis from trading…
Updated throughout the day. The auto task force says GM and Chrysler are recovering ahead of schedule (Reuters) Carl Icahn may force a sale of Take-Two Interactive (NASDAQ:TTWO) after buying 11% of…
Reuters: Merger activity will grow slowly in 2010. Reuters: Bank of America’s new CEO said he would focus on execution. Reuters: Profits at RIM (NASDAQ:RIMM) topped forecasts. Reuters: Oracle (NASDAQ:ORCL) posed a surprise…
The holiday shopping season and price cuts are not helping video game sales. November figures from industry research firm NPD show sales of software and consoles in the US dropped almost 8% to…
Updated throughout the day. Updated 2.33 PM EST: Hollywood companies may buy some game publishers including Electronic Arts (NASDAQ:ERTS) and Take-Two (NASDAQ:TTWO) (Barron’s) Updated 9.54 AM EST: Sprint’s (NYSE:S) customer base is…
This was a wild week, and perhaps a disappointment that the news did not propel stocks even higher. There were many key movers though, and we have a very active panel of…
The video game sector is not improving with the economy. It seems to not even be getting ‘less-bad’ with the other sectors that are looking ‘less-bad’ compared to earlier months. Last night’s…
These are this morning’s top day trader and active trader alert stocks. We have more detailed volume data and analysis on each stock story via a link over to VSInvestor.com: Smith &…
Reuters: Goldman Sachs (NYSE:GS) may make bonus payments in stock. Reuters: China is worried about sticking to dollar deposits. Reuters: A well-known economist says housing will continue to fall. Reuters: Bank of…
