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The video game industry was down 8 percent compared to the 2008 sales numbers, with sales of $19.7 billion. It was the first time since 2002 that video game companies as a whole have posted notable negative growth.
Stocks closed higher, pushing the Dow average to a fresh 15-month closing high, as investors bought financial, technology and pharmaceutical shares.
Netflix has been on a run, announcing deal after deal to make digital access to its movie library available to subscribers from their televisions.
Stock index futures are currently pointing to a modestly higher open for Wall Street on Wednesday, following Tuesday's mild selloff that saw the S&P 500 post its first losing session of 2010.
The game publisher, which has been attempting a turnaround for nearly two years, on Monday warned that its earnings for the December quarter would be significantly lower than expected. Shares, predictably, are under fire today, down nearly 8 percent.
This year's Consumer Electronics Show comes at a time when the economy is recovering and job losses are perhaps peaking.
There's plenty of room in this world for both an Apple and a Google smartphone. So why is everyone going so 'Gaga?'
Stocks struggled Thursday as the dollar rose and investors remained skittish ahead of Friday's jobs report. GE, Bank of America and Ford were among the day's gainers. Alcoa skidded.
Now that 3D versions of movies have proven to be cash cows at the box office, the entertainment and consumer electronics industries are hoping to cash in on the experience in people's homes.
Stocks skidded Thursday as the dollar rose, putting pressure on stocks that outweighed encouraging reports on employment and retail sales. Bank of America, Sears and Bed, Bath & Beyond were among the early leaders, while Alcoa stumbled.
The Consumer Electronics Show officially opens today and though attendance will be slightly down, hopes are higher than ever that the gadgets and technology here will rev up the media business.
Stocks opened lower on Wall Street as a rising dollar pressures commodity prices and outweighed another round of positive news in the job market.
Another round of better-than-expected employment figures did little to assuage investors as stock futures pointed to a negative open for Wall Street.
IMAX is making the move to the small screen and what they have planned might change the way you watch TV, forever!
The traders are keeping an eye on tech stocks with the Consumer Electronics Show now underway in Las Vegas.
Seems like all things wireless will own CES this year - for example: Microsoft and Hewlett-Packard will unveil a tablet PC during tonight's keynote, and the race is on to release this device before Apple's tablet hits the market.
As attendnace continues to decline at the tech extravaganza, the buzz here is that the show itself is fighting for relevance and three- and four-day visits by attendees are now more likely overnight affairs. In short, attendance is no longer mandatory.
2010 is going to be a big year for 3-D: on the heels of the huge success of Avatar, 3-D will expand both at theaters and in home entertainment.
The life span of the couch potato's magic wand may be drawing to a close, with the dawn of 3D gesture-recognition devices. e the couch potato's magic wand may be drawing to a close, with the dawn of 3D gesture-recognition devices.
You'll see far less greenwashing at CES in 2010 as marketing-driven, green-themed products or brands for people with fat wallets take a backseat to less sexy incremental improvements.