Target has kicked off a pilot program in Northern California allowing customers to trade in their used video games, a lucrative market currently dominated by Gamestop.
Sales are down 8 percent year-to-date from 2009’s disappointing numbers. Even the most optimistic analysts are now saying that the best investors can hope for is a flat year.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Several economic reports could break the quiet trading mood Thursday, including weekly jobless claims—which have moved stubbornly higher for the past two weeks—the Philadelphia Fed survey, and leading indicators.
Video game sales weren’t quite as bad as some analysts were expecting in July, but the industry once again failed to match its performance of last year.
A new study from Economists Incorporated reports that the video game industry added $4.95 billion to the U.S. Gross Domestic Product last year—and the entertainment side of the software world is growing considerably faster than other segments of the economy.
Can the market possibly continue to climb when P&G, Colgate and other giants suggest the consumer is cutting back?
For the better part of the last year, game industry pundits have shouted from the rooftops that social network gaming was the next big thing – but it’s starting to look like even they underestimated just how big it would be.
US stocks are vacillating between the positivity of strong earnings reports and the negativity of soft economic data. Short-sellers are on the prowl, looking to exploit weakness in heavy-volume names. Here are the 10 most shorted S&P 500 stocks. If momentum picks up, these stocks could be susceptible to a short squeeze. A report from TheStreet.
Digital distribution has been a hot topic in the video game industry for years – with developers, publishers and retailers trying to forecast when it will become a real threat to traditional brick and mortar stores. New data, however, shows that time might be closer than many were expecting.
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro zone's solvency crisis. Techs and industrials led the advance.
Sun shines on solar stocks again, but don't be snookered. The predictable rally in "alternative" energy stocks has begun, with the president sure to push them in his speech tonight. You'd think this would be an ideal time for solar: So why aren't traders excited?
Stocks rallied Tuesday as the euro gained against the dollar after a number of successful European debt auctions eased investor concerns about the euro-zone's solvency crisis. Techs and industrials led the advance.
A week ahead of the World Cup, "FIFA Superstars" launches on Facebook, where more than 200 million people play games every month.
Stocks tumbled Thursday and selling accelerated in the final minutes of trading as investors worried about two events coming Friday — a German vote on the EU bailout and options expiration. The Dow and S&P both lost 3.6%, while the Nasdaq fell over 4%. A key gauge of volatility spiked more than 25%.
What follows is a roundup of corporate earnings reports for Friday, May 20.
U.S. stock index futures pointed to a lower opening after oscillating ahead of trading Thursday, as major European indexes shed early-morning gains.
Video game sales may have plummeted 26 percent in April, but now there's hope that a new game will get the industry moving. "Red Dead Redemption" goes on sale today, and based on rave reviews and some anecdotal reports of huge lines outside Game Stop stores, this game could be a blockbuster.
Each quarter near the end of earnings season, we look at the stocks in the S&P 500 to see which ones are trading at the greatest discounts and premiums to their analysts' consensus target prices. We publish the lists in our 20 Stocks to Pop / Drop series. Now, that we are near the end of the latest earnings season, here is a check on how the 20 stocks we looked at in February have performed.
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.