Despite comparing with weak numbers from a year ago, game software sales were down 5 percent last month versus 12 months earlier, coming in at $576 million, according to NPD Group, which tracks the industry.
With the debut of public offerings from Demand Media and Nielsen already this year, analysts expect the tech industry to see a large number of new issuances in 2011.
Stocks held slight gains after a slew of economic news, including rising inflation and strong regional manufacturing data. Intel rose, while AmEx fell. .
After two consistent years of negative growth, investors in the video game industry are hoping for things to start turning around in 2011, but they may have to wait a little longer for that to happen.
With the risk of Netflix missing analysts’ earnings estimates on the horizon, now is a good time for bearish bets against the movie-rental company’s stock, hedge fund Noster Capital said on Thursday.
Stocks ended higher, once again hitting multi-year highs as the S&P finished at double its lowest level during the financial crisis. JPMorgan and HP rose, while Verizon fell.
Stocks continued to rise on strong earnings and economic news after the Federal Reserve reported its policy setting committee disagreed over whether the stimulus should continue, but felt making changes in the program would be inappropriate. JPMorgan and HP rose, while Verizon fell.
Stocks significantly pared gains amid word out of Israel that Iranian warships would be going through the Suez Canal. JPMorgan and HP rose, while Verizon fell.
Epitaphs for the Mubarak government all note that the mobilizing power of the Internet was one of the Egyptian opposition’s most potent weapons. But quickly lost in the swirl of revolution was the government’s ferocious counterattack, a dark achievement that many had thought impossible in the age of global connectedness. The New York Times reports.
As the Nasdaq gets off to a roaring 6% start to the year, these five are the players with the largest market caps in the tech sector headed in the other direction. A report from TheStreet.
With the Mobile World Congress underway in Barcelona, investors are sifting through a sea of information, trying to determine the latest smartphone trends.
Stocks ended narrowly mixed, which is how the market traded much of the session, amid light volume and little economic news. Wal-Mart fell, while Exxon Mobil rose.
Stocks turned positive in the final minutes of trading after moving in a narrow range amid very light volume for most of a session lacking in much economic news.
Stocks continued to trade narrowly mixed amid a session lacking much economic news and following a second straight week of solid gains as the markets considered what's next for the Middle East. Wal-Mart and Verizon fell, while Alcoa rose.
Stocks ended higher Friday after Egyptian President Hosni Mubarak resigned in response to demonstrations against his rule, helping lift investor sentiment and uncertainties surrounding the country.
While Wednesday's announcement that Activision-Blizzard was pulling the plug on "Guitar Hero" might have turned heads in the gaming world, it was the company's other announcement that might have bigger repercussions for investors.
Stocks were poised to close the session higher Friday after Egyptian President Hosni Mubarak resigned in response to demonstrations against his rule, helping lift investor sentiment and uncertainties surrounding the country.
The company announced it’s teaming up with Microsoft in the smartphone battle. Given all the negative news surrounding Nokia this week, it’s good that investors may have something to be positive about.
Stocks gained Friday, paring earlier losses, after news that Egyptian President Hosni Mubarak waived his rights to presidency in response to demonstrations against his rule.
U.S. markets are clinging to their gains this week, as money continues to flow into U.S. stocks. The Dow is up 1 percent this week while the S&P 500 and Nasdaq rise 0.8 percent. The Dow is poised for its 10th weekly gain over the past 11 weeks.