NPD Group, the electronics research group, reported that video game sales dropped 20% at retail in July to $548.4. There was nothing surprising about the data. Games have migrated to digital downloads and to portable devices…
ZyngaZynga Inc. (NASDAQ: ZNGA) is a company where shareholders already have very little no control. Call it no control to be precise. Now the company’s CEO is just that much stronger to do as…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) hit a new 52-week high today. Make that a multi-year high of $2.50 per share. The question is whether or not the satellite radio monopoly should be…
The New York Times Company (NYSE: NYT) has confirmed that it is in discussions regarding the sale of its About.com unit. The confirmation is on earlier reports that the newspaper and media player has…
Walt Disney Co. (NYSE: DIS) has just reported earnings for its second quarter. The DJIA component owner of the Disney theme parks, ESPN, films, and more turned in earnings of $1.01 in earnings per…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is so far managing to avoid any soft patches in the economy. Some headlines arising from today’s earnings report may be shocking, such as “Sirius XM Reports…
Quietly, Amazon.com Inc. (NASDAQ: AMZN) has announced its entrance into the social game business. It will be joining a slew of companies in that nascent business. Due to the number of visits to its websites,…
Chinese online video game company Youku.com Inc. (NYSE: YOKU) reported a net loss for the second quarter of RMB387.4 million ($9.9 million), but that its revenue nearly doubled from a year ago to RMB62.8…
Bloomberg is hardly a household brand name in America, except for a constant stream of news about New York City Michael Bloomberg and his crusades against smoking in public and bans on large containers of sugary…
ZyngaZynga, Inc. (NASDAQ: ZNGA) needs all the help it can get, but perhaps not today. It appears that Electronic Arts Inc. (NASDAQ: EA) is going after Zynga on copyright infringement and the case involves…
Viacom Inc. (NASDAQ: VIAB) reported third fiscal quarter earnings per share (EPS) of $0.99 and $3.24 billion in revenue before markets opened today. EPS for the same period a year ago came to $0.97,…
LinkedIn Corporation (NYSE: LNKD) is seeing its shares rise after its earnings report as the social network for professionals met earnings estimates and beat revenue estimates. The company also raised its full 2012 revenue…
Facebook, Inc. (NASDAQ: FB) is obviously about as silly of a company as a group of billionaires could run. That is what the market is telling you. Facebook as a growth company should have…
San Bernadino, Calif., will file for Chapter 11 over $1 billion in debt. (Reuters) The Federal Reserve says it may need to help the economy later this year. (Reuters) Toyota Motor Corp. (NYSE: TM)…
Electronic Arts Inc. (NASDAQ: EA) was given an intraday rating upgrade by Bank of America/Merrill Lynch after the video game giant’s earnings. The analyst team there raised the rating to Buy from Hold and…