Sales of video game software and hardware plummeted in April, shocking industry observers who were expecting the numbers to be slightly positive or, worst case, just down slightly. That could mean a rough Friday for video game stocks.
Online PC game distribution is making major money for Valve Software, but now some big gaming outfits may want a piece of the action.
What follows is a roundup of corporate earnings reports for Friday, May 7 .
Stocks staged one of the most dramatic selloffs in market history Thursday as what may have been a trader error exacerbated losses in a market already jittery about the European debt crisis. The Dow ended down about 350 points and the VIX was above 34.
What follows is a roundup of corporate earnings reports for Thursday, May 6.
Stocks pared their losses on Wednesday after a weak open, but the market remained skittish after Moody's put Portugal's debt rating on review. Dan Denbow, co-portfolio manager of USAA Precious Metals & Minerals Fund and Jim Meyer, chief investment officer and co-founder of Tower Bridge Advisors shared their insights.
Markets could see a correction in the June to July time frame, said Tobias Levkovich, chief U.S. equity strategist at Citi. He shared his market outlook with investors.
Hedge funds have been attracting inflows from yield-hungry investors eager for seemingly guaranteed superior returns. But there are a few things that investors should know before giving hedge funds a try, said Niall Gannon, director of wealth management at Gannon Group at Morgan Stanley Smith Barney.
Bungie Studios, the development house behind one of the most successful franchise in video games, has found a new home—and Activision may be on the verge of having its third billion-dollar franchise.
The fight that kicked off when Activision fired the two heads of the studio behind last year’s best selling video game is getting uglier—on multiple fronts.
The Dow dropped over 200 points Tuesday, its worst loss in months, after the debt ratings on Greece and Portugal were downgraded. Goldman Sachs ended higher. The VIX jumped more than 30 percent, it's biggest one-day surge since October 2008.
Attorneys who specialize in video game law say they do not expect the Supreme Court to rule that video games are not considered a form of free speech. Rather, Justices seem more interested in determining whether there are factors that necessitate regulating sales in the industry.
Microsoft's earnings come at a rare time for this company: A stuffed product pipeline, dual upgrade cycles for both consumers and the enterprise, and a general feeling that innovation is alive and well in Redmond.
Dividend stocks are slowly making a comeback, so which ones should investors watch for? Michael Farr, president of Farr, Miller & Washington and CNBC contributor, and Jeffrey Kosnett, senior editor at Kiplinger’s Personal Finance, shared their best plays.
Plus, Cramer makes the call on retail, health care and more.
The turnaround may finally have arrived for the video game industry. March sales were up 6 percent compared to the 2009 numbers, marking the only positive growth the industry has seen since September 2009—and just the second month in the last 12 to show improvement.
While the level of rhetoric gets high in any corporate battle, it has moved well past that in this fight, with high profile employees being wooed away and gamer loyalties being put to the test. Ultimately, though, it's shareholders that, for better or worse, could be caught in the middle.
When a game breaks entertainment industry sales records, there's usually not a lot of room to progress. But "Modern Warfare 2" is quickly becoming the gift that keeps giving for Activision.
Privately held publisher Codemasters is not a name that has traditionally rung a lot of bells with investors. But when an Indian investment firm announced it had bought a 50 percent stake in the company Monday, Codemasters quickly popped onto the Wall Street radar.
Here’s a look at some of the most popular online games around today – as well as a few that are expected to make a big splash in the coming years.