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The Wayback Machine - https://web.archive.org/web/20120717144319/http://247wallst.com:80/category/video-games/

Posts related to ‘Video Games’

Video Game Sales Plunge

Posted: July 13, 2012 at 7:03 am

Research firm NPD reported that video game sales fell 29% in June to $699.8 million. Hardware sales dropped 45% year-over-year. This was despite the release of the new Nintendo 3DS. ...
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Take-Two’s Unusual Management Structure

Posted: July 12, 2012 at 10:12 am

It’s not uncommon for companies to hire business consulting firms to help them grow their businesses. However, it is almost unheard of for the consulting company’s CEO to become the ...
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Call of Duty Online Video Game Heads to China

Posted: July 3, 2012 at 9:43 am

Activision Blizzard, Inc. (NASDAQ: ATVI) has done a better job of fending off all of the freemium games and cheap online games compared to other publishers.  Its World of Warcraft ...
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New Nintendo 3DS

Posted: June 22, 2012 at 6:29 am

Nintendo, which has lost considerable ground to Microsoft (NASDAQ: MSFT) and Sony (NYSE: SNE) in the game console business, released another machine as part of its comeback attempt. Nintendo says ...
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Reality Sets In At Zynga: Virtual Farm Animals Are Boring (ZNGA, FB)

Posted: June 12, 2012 at 11:54 am

Zynga, Inc. (NASDAQ: ZNGA) is feeling the wrath of an analyst call from Cowen today, with a neutral rating.  It was not the formal call but the implication which matters ...
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Best Buy Bounces, But Not Enough (BBY, RSH, GME, AMZN, WMT, AAPL)

Posted: May 22, 2012 at 8:35 am

Electronics retailer Best Buy Co. Inc. (NYSE: BBY) reported first quarter results this morning that were better than expected and the company’s shares are getting a much-needed bounce. The company ...
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GameStop Forecast Not Pretty

Posted: May 17, 2012 at 9:54 am

Video game retailer GameStop Corp. (NYSE: GME) reported earnings this morning, and there were really no big surprises. The company had already said EPS would be $0.54. Revenues were a ...
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EA Guidance Minimizes Value and Turnaround (EA, ATVI, BBY, GME)

Posted: May 7, 2012 at 4:26 pm

Electronic Arts Inc. (NASDAQ: EA) has released its earnings, and we forecast that this will help set the reception tone for Activision Blizzard Inc. (NASDAQ: ATVI) when it reports later ...
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Zynga Delivers A Tad Ahead… Is It Good Enough? (ZNGA)

Posted: April 26, 2012 at 4:21 pm

Zynga, Inc. (NASDAQ: ZNGA) has reported its first corporate earnings report since coming public this year.  The social gaming company has reported earnings of $0.06 EPS and $329 million in revenue.  Thomson ...
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Very Elevated Options Trading in Zynga Ahead of Earnings (ZNGA)

Posted: April 26, 2012 at 1:56 pm

Zynga, Inc. (NASDAQ: ZNGA) is seeing some serious options trading activity ahead of its first full earnings report as a public company.  The stock has traded over 12 million shares ...
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Nintendo Loses Money

Posted: April 26, 2012 at 6:24 am

Nintendo lost money. It is the first time in recent memory that it has done so. Some of the blame falls on the value of the yen. But, more important, ...
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THQ’s ‘Less-Bad’ Guidance, Huge Short Interest To Be Wild Card (THQI)

Posted: April 18, 2012 at 6:38 am

THQ Inc. (NASDAQ: THQI) is no longer one of the top video game publishers that affects the entire video game sector, but due to stronger Saints Row sales of more ...
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Bracing For Weak Video Game Data Again (GME, ATVI, EA, TTWO, ZNGA)

Posted: April 11, 2012 at 3:00 pm

GameStop Corporation (NYSE: GME) may be down today because of a Needham & Co. research downgrade where the video game retailer was cut to "Hold."  There is another interesting call ...
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Angry Birds Space Tops 10 Million Downloads (AAPL, GOOG)

Posted: March 27, 2012 at 11:38 am

The enormously popular Angry Birds game released a new version last week, called Angry Birds Space, and so far consumers have downloaded some 10 million copies of the game, which ...
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Zynga Founder & Backers Selling Almost $600 Million in Stock, Already (ZNGA)

Posted: March 23, 2012 at 8:37 am

Zynga Inc. (NASDAQ: ZNGA) is doing something rather tacky this morning.  The company has not been public for very long and it is already filing to sell shares for insiders.  ...
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