It is time for the board of Take-Two (NASDAQ:TTWO) to see if it can renegotiate its contract with Zelnick Media, which runs the video game company. The current arrangement calls for Zelnick…
Douglas A. McIntyre Thomson Reuters CEO Tom Glocer may want to reconsider being part of an effort to buy BusinessWeek. A report fromPaidContent says “the multimedia business media giant is working as a strategic partner…
Douglas A. McIntyre Updated throughout the day. Updated 2:44 Dell Inc. (NYSE: DELL) will launch a branded Android smartphone thru AT&T Inc. (NYSE: T) and possibly other carriers next year. Source today is from WSJ,…
BusinessWeek is losing money, over $40 million last year by some accounts, and more if the publication’s corporate overhead is included. There have been questions about whether BusinessWeek is financially viable for…
These are this Friday’s top analyst upgrades, initiations, and positive research calls seen early from Wall Street: American Axle (NYSE: AXL) Raised to Overweight at Barclays. Brocade (NASDAQ: BRCD) Started as Outperform…
Reuters: Sales growth of Ford (F) and Hyundai topped other car companies. Reuters: The EU could slow a takeover of Sun (JAVA) by Oracle (ORCL). Reuters: Home sales and factory orders signaled…
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…
Reuters: Riots in China show the nation is in flux. Reuters: The US is considering mortgage aid for the unemployed. Reuters: The June budget gap was $94 billion. Reuters: Rattner stepped down…
Shares of Take-Two (TTWO) Interactive fell 14% after hours as the company cuts its forecasts of earnings and sales for its fiscal 2009. The major reason for the change was the delay…
Douglas A. McIntyre 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: GM (GM) is close to filing Chapter 11. Reuters: A poll of economists says the US recession will end soon followed by modest growth. Retuers: The mood of US consumers rose…
Barron’s reports that there are rumors that Take-Two (TTWO) may receive a takeover offer soon. It turned down an offer from Electronic Arts (ERTS) last year. The shares are up 12% to $9.43.…
Douglas A. McIntyre 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…
There are plenty of 52-week lows out there for the picking. These are some of the major lows we saw today which we have seen. Some are on specific news, and some…
McClatchy Newspapers (MNI) Drops to $.98 as shareholder panic. The 52-week high is $13.31. Stone Energy (SGY) Cuts production view for quarter. Drops to $8.47 from 52-week high of $73.96. Nortel Networks…
Douglas A. McIntyre 