4:50am ET
Investing
Nintendo Cuts The Micorosft (MSFT) Xbox
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…
TTWO Coverage Page 22
2:04pm ET
Investing
Why Take-Two (TTWO) Is Not Recovering
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 7:02am ET
Investing
Pre-Market Analyst Calls (August 6, 2007)
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…
7:11am ET
Investing
Pre-Market Stock News (August 3, 2007)
(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…
3:06am ET
Investing
Media Digest 8/3/2007 Reuters, WSJ, NYTimes, FT, Barron’s
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.…
4:51pm ET
Media
Grand Theft Auto Delay Bad For Take-Two, Good For Other Game Publishers (TTWO, MSFT, ERTS, THQI, ATVI, GME)
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. …
3:42pm ET
Media
EA Guidance Sees Weakness From Halo 3 & Grand Theft Auto Competition (ERTS, THQI, TTWO, MSFT)
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…
7:40am ET
Investing
Morning Research Calls 7/2/2007
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…
4:42pm ET
Media
Nintendo’s Next Wii Strategy for Investors
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…
3:32pm ET
Media
Take-Two’s Double-Take: Shares Reacting to Earnings (TTWO)
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 3:49pm ET
Media
Video Gamers Short Interest May 2007
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…
7:00am ET
Media
Microsoft Sets Halo 3 Release Date (MSFT, TTWO, GME)
Microsoft (MSFT-NASDAQ) has announced that September 25, 2007 will be the release date for its long-awaited video game blockbuster ‘Halo 3.’ Normally a video game release date would be just another day,…