Take-Two (TTWO) hit the numbers that it had given earlier, and the shares staged a relief rally. Net revenue for the third quarter was $206.4 million, compared to $241.2 million for the…
Douglas A. McIntyre Sony (SNE) has been hoping that the lagging sales of PS3 wold be helped by the release of some major video game titles. "Grand Theft Auto" from Take Two (TTWO) has been…
According to Reuters, China Mobile’s (CHL) net rose 28%. Reuters writes that Amgen (AMGN) will fire 14% of its sales force. Reuters reports that Hasbro (HAS) will increase inspection of products from…
One very popular video game is only available on the Microsoft (MSFT) Xbox. Halo, a violent space game, has sold 15 million units of its first two versions, according to The New…
Microsoft (MSFT) is cutting the price of its most popular version of the Xbox 360 by $50 to $349. Sales of the game console have been weak as the Nintendo Wii continues…
Take-Two (TTWO) is off almost 5% today to $13.45 and it has traded within a penny of its 52-week low. That low was set when the company was operating in the shadow…
Douglas A. McIntyre AMTD raised to Buy at UBS.ANN raised to Hold at Citigroup.AUTH started as Overweight at Lehman; started as Outperform at Bear Stearns.CVH raised to Neutral at B of A.CFR raised to Outperform…
(ACA) ACA Capital said subprime mortgage exposure does not threaten stability of its unit ratings.(AHM) American Home Mortgage is closing most operations and laying off most of its 7,400 workers Fridaydown to…
According to Reuters, net income at Toyota (TM) rose sharply on strong US and European sales. Reuters writes that American Home Mortgage (AHM) will close today and lay-off all of its employees.…
Take-Two Interactive (NASDAQ:TWO) is showing how its woes are far from over. The company is lowering guidance because it delayed the launch date for its upcoming blockbuster game Grand Theft Auto 4. …
Electronic Arts Inc. (NASDAQ:ERTS) has posted results with a gross profit of $229 million, but its actual net loss was $132 million. Its diluted EPS was -$0.42 net and -$0.22 on a…
SIA says that May semiconductor sales rose 2.4% from the same month last year. Piper Jaffray upgrades Packeteer (PKTR) Lehman starts Take Two (TTWO) at Underweight Credit Suisse reaffrims Outperform on Staples…
Stock Tickers: NTDOY, GME, MSFT, SNE, ERTS, ATVI, THQI, MWY, TTWO It’s no secret that Nintendo (NTDOY) has kicked some major, well you know what, with the strong sales of its two…
Take-Two Interactive Software Inc. (TTWO-NASDAQ) reported earnings: Net loss for the recent quarter was $51.2 million or $0.71 per share and Non-GAAP net loss was $29.7 million or $0.41 per share in…
Douglas A. McIntyre The video game sector was a bit weird this month as far as short selling goes. There was no clear direction at all, so there is no real robust call here. The…
