As Europe struggles to contain financial woes, will the uncertainty force Corporate America to broadly reduce earnings estimates?
If there’s one truth in the videogame world, it’s this: Never bet against the sales success of a new “Halo” or “Grand Theft Auto”. But as Microsoft prepares to launch “Halo: Reach” this fall, early evidence indicates people may not be betting heavily enough.
Stalled by the recession and companies who were initially hesitant to sink part of their advertising budgets into an untested medium, in-game advertising is coming of age—and it could finally live up to its potential as a significant revenue generator.
Expect wild volatility in European markets Friday, as the Continent awaits the German vote on euro-zone bailout package.
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.
The Dow ended sharply lower Friday as growing worries about Europe overshadowed encouraging economic data. Still, the blue-chip index ended up 2.3 percent for the week.
Stocks fell heavily Friday as worries over the growing European debt crisis trumped some encouraging U.S. economic data. Financials, materials and techs were the biggest decliners.
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.
Online PC game distribution is making major money for Valve Software, but now some big gaming outfits may want a piece of the action.
What follows is a roundup of corporate earnings reports for Friday, May 7 .
Stocks staged one of the most dramatic selloffs in market history Thursday as what may have been a trader error exacerbated losses in a market already jittery about the European debt crisis. The Dow ended down about 350 points and the VIX was above 34.
What follows is a roundup of corporate earnings reports for Thursday, May 6.
Stocks pared their losses on Wednesday after a weak open, but the market remained skittish after Moody's put Portugal's debt rating on review. Dan Denbow, co-portfolio manager of USAA Precious Metals & Minerals Fund and Jim Meyer, chief investment officer and co-founder of Tower Bridge Advisors shared their insights.
Markets could see a correction in the June to July time frame, said Tobias Levkovich, chief U.S. equity strategist at Citi. He shared his market outlook with investors.
Hedge funds have been attracting inflows from yield-hungry investors eager for seemingly guaranteed superior returns. But there are a few things that investors should know before giving hedge funds a try, said Niall Gannon, director of wealth management at Gannon Group at Morgan Stanley Smith Barney.
Bungie Studios, the development house behind one of the most successful franchise in video games, has found a new home—and Activision may be on the verge of having its third billion-dollar franchise.
The fight that kicked off when Activision fired the two heads of the studio behind last year’s best selling video game is getting uglier—on multiple fronts.
The Dow dropped over 200 points Tuesday, its worst loss in months, after the debt ratings on Greece and Portugal were downgraded. Goldman Sachs ended higher. The VIX jumped more than 30 percent, it's biggest one-day surge since October 2008.
Attorneys who specialize in video game law say they do not expect the Supreme Court to rule that video games are not considered a form of free speech. Rather, Justices seem more interested in determining whether there are factors that necessitate regulating sales in the industry.
Microsoft's earnings come at a rare time for this company: A stuffed product pipeline, dual upgrade cycles for both consumers and the enterprise, and a general feeling that innovation is alive and well in Redmond.