Activision Blizzard Inc
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Microsoft debuted its long-anticipated next generation Xbox, called the "Xbox One," a device that allows users to switch more easily between entertainment options.
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Stocks were higher across the board in thin trading Friday, with major averages struggling to close higher for the week, but gains were limited as investors hesitated to jump in amid a lack of strong catalysts to further fuel the recent rally.
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Check out which companies are making headlines after the bell Thursday:
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Feb 7- Activision Blizzard Inc's earnings beat Wall Street expectations after its "Call of Duty" game had blockbuster sales over the crucial holiday quarter, helping its shares climb 5 percent.
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Stocks finished well off their earlier lows in volatile trading Thursday, as techs recovered in the final minutes of trading, but brewing worries over Europe kept a damper on gains.
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Activision Blizzard reported quarterly earnings and revenue that exceeded analysts' expectations.
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Feb 7- Video games maker Activision Blizzard Inc reported higher revenue in the fourth quarter. The world's largest videogame publisher said non-GAAP revenue, adjusted for the deferral of digital revenue and other items, rose 8.3 percent to $2.6 billion from $2.4 billion a year ago, surpassing Wall Street's average revenue forecast for $2.44 billion.
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Feb 7- Video games maker Activision Blizzard Inc reported higher revenue in the fourth quarter.
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NEW YORK- Hedge fund manager David Einhorn's Greenlight Capital sues Apple, saying the company needs to do more to unlock value for shareholders given its huge cash pile (APPLE-GREENLIGHT/, moving shortly, 400 words).
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U.S. stock index futures pared their gains Thursday following policy announcements from both the Bank of England and the European Central Bank and as investors digested a pair of mixed economic reports.
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Analysts say the potential impact on major U.S. video game publishers will likely be minimal from China lifting its ban on video game consoles.
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*Facebook games platform to publish 10 titles. SAN FRANCISCO, Feb 1- When nWay began a trial of its dark, sci-fi combat game "ChronoBlade" on Facebook last year, the San Francisco- based startup felt sure it had a hit on its hands.
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Disney shares are up thanks to optimism about the potential of the "Disney Infinity" game platform the media giant recently unveiled. Here's how it works and what it means for Disney.
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*Game platform launches in June, starter pack $75. SAN FRANCISCO, Jan 15- Children will be able to move plastic toys that look like pirate Captain Jack Sparrow and other movie characters into a virtual world on a computer or TV screen in a game platform Walt Disney Co unveiled on Wednesday in hopes of boosting revenue at a loss-making division.
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WASHINGTON, Jan 11- Representatives from the companies that make "first-person shooter" games such as "Call of Duty," "Medal of Honor" and "Grand Theft Auto" met with Vice President Joe Biden on Friday as the Obama administration looks for ways to curb U.S. gun violence.
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The videogame industry's year of precipitous declines was topped off by an unhappy holiday season. In December, game sales fell 26 percent while console sales declined 20 percent.
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Jan 8- GameStop Corp, the world's largest retailer of videogame products, said it would report a decline in same-store sales for the fourth quarter after a drop in store traffic during the holiday season. GameStop said new hardware sales, including sales of Nintendo Wii, fell 2.7 percent in the holiday period.
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Jan 8- GameStop Corp, the largest U.S. video game retailer, slashed its forecast for fourth-quarter sales after customer traffic shrank over the crucial holiday season, sending its shares down 6 percent.
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SAN FRANCISCO, Dec 19- Video game maker THQ Inc said on Wednesday it filed for bankruptcy, and private investment firm Clearlake Capital Group has offered to buy its assets.
