News of a weak sales outlook clobbered Nintendo's stock with pessimism over their futures, but analysts say it might be too early to tell.» Read More
The upcoming mid-term elections and the Federal Reserve’s announcement on quantitative easing are likely to have a major impact on your investment strategy. How should you be prepared? Gordon Charlop, managing director at Rosenblatt Securities and CNBC markets analyst and Terence Dolan, CEO of Benjamin & Jerold Brokerage discussed their insights.
Stocks ended slightly higher, but remained at about the same place where they started Tuesday as investors held steady under a raft of earnings in anticipation of next week's elections and likely announcement of a new economic stimulus program from the Federal Reserve.
Stocks rose ahead of the market close Tuesday, led by consumer cyclical stocks. Stocks were pressured for most of the afternoon as investors held steady under a raft of earnings in anticipation of next week's elections and likely announcement of a new economic stimulus program from the Fed.
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Stocks struggled to remain in positive territory Tuesday after a rise in consumer confidence offset disappointing reports on home prices and earnings.
U.S. stock index futures weakened Tuesday as investors digested a handful of mixed earnings reports and as the dollar made gains against the euro and yen.
The analysts are wrong about this stock, Cramer said. And they have been wrong all the way up.
Lacking any big surprises, the markets may seem to be on cruise control in the coming week, as investors await the U.S. mid-term election and the Fed's November meeting.
Two years ago, Nintendo could do no wrong. The Wii was at the height of its retail domination and competitors were scrambling for second place. Today it’s a much different story and the looming holiday season could be a crucial one that determines the strength – and perhaps the future - of the company’s core console business.
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Software sales at retail stores were down a shocking 6 percent last month to $614 million, according to The NPD Group. That’s vastly worse than analysts were expecting and could scare investors, who were holding out hope that September would be a bright spot in an otherwise dismal year for game sales.
If all goes according to plan, the video game industry could see its first positive sales growth since March in September—but in a year that has been filled with disappointing results, game publishers and developers know any plan is tentative at best.
Over the years, Intel has used aggressive and catchy marketing programs to help elevate its position in the computing marketplace. This cachet has served Intel well, allowing it to command top dollar for its products, which power the vast majority of PCs. The Intel juggernaut was apparent on Tuesday as the company reported earnings better than expected on a sharp revenue increase.
“Medal of Honor” hit stores at 12:01am Tuesday – and while it’s probably not the most important game of the year for EA spacer, it’s one of the most closely watched.
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Seventeen years ago, Panasonic tried to break into the video game industry, lasting only three years before it was forced out. Now it’s ready to try again.