<![CDATA[Kotaku: Stock]]> http://cache.kotaku.com/assets/base/img/thumbs140x140/kotaku.com.png <![CDATA[Kotaku: Stock]]> http://kotaku.com/tag/stock http://kotaku.com/tag/stock <![CDATA[GameStop Stock Plunge Blamed on Walmart Price Slash]]> Walmart's move to cut prices on the Wii and two dozen of the year's top releases was enough to dent GameStop's stock early Wednesday, dropping it nearly 9 percent - the biggest plunge of any stock in the S&P 500. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=5417200&view=rss&microfeed=true <![CDATA[Sony Shares Drop Following "Underperform" Rating]]> Shares of Sony Corporation closed 5.9% down in Japan today, following financial service company Credit Suisse Group AG's downgrade of their stock rating from "neutral" to "underperform" More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=5111366&view=rss&microfeed=true <![CDATA[Activision Blizzard - World's Most Valuable Video Game Company]]> Now that Activision and Blizzard have a set a July date for their merger to be put up to final shareholder vote, it's time for the game industry analysts to do what they do best - analyzing. Lazard Capital analyst Colin Sebastian doesn't just think the joining of the two will form a big game company...he says they'll be the best, at least from a financial point of view. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=5015430&view=rss&microfeed=true <![CDATA[SCi Kills 14 Projects, Cutting 25 Percent of Staff]]> SCi, developers of Tomb Raider, Hitman and Deus Ex, have canceled 14 of their projects and plan on laying off 200 people and cutting their annual operating costs by £14 million as part of a company restructuring plan meant to get SCi back on track. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=362265&view=rss&microfeed=true <![CDATA[EA CEO/ Take-Two Chairman Talk Take Over Bid]]> I just got off the phone with Electronic Arts CEO John Riccitiello who called to talk about the back-and-forth going on right now between Take-Two and EA over Riccitiello's multi-billion dollar offer for the company. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=360138&view=rss&microfeed=true <![CDATA[Nintendo Stock Rebounds After Fed Cuts Rate]]> Nintendo stock rebounded 6.3 percent, or 3,200 yen, after the U.S. Federal Reserve yesterday cut its benchmark interest rate. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=347933&view=rss&microfeed=true <![CDATA[GameStop Stock Is Smokin' Hot]]> If you are interested in getting in on a little hot GameStop stock action and were waiting for a good time to sink some money into the company, between now and January 10th would be ideal, according to two industry analysts. Both Arvind Bhatia of Stern Agee and Leach, and Mike Hickey of Janco Partners believe that trends indicate a strong holiday earning period for the Texas-based company, and that means that purchasing before the company announces said earnings next week.
Hickey said the GameStop's holiday period typically represents 75 percent of Q4 reported sales, which means that "the street is looking for $2.027 billion in holiday sales, or +17 percent year-on-year."
What it all boils down to is you, your family, your friends, and a ton of complete strangers bought a ton of gaming gear over the holiday season, and with GameStop games equals gains. While personally I limit my gambling to betting on whichever Super Bowl team has the most attractive uniforms, those so inclined may wish to partake while the partaking is palatable. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=340600&view=rss&microfeed=true <![CDATA[Nintendo Could Become Victim of Own Success]]> Nintendo's fiscal year may not end until March, but with the year the company's been having chances are pretty good that the company could be announcing that they expect to do better than predicted in January. That's what happened at the beginning of this year and if doesn't happen again at the beginning of next year there's a chance that investors could be a little ticked, according to an anonymous Nintendo Stock Blogger. It's ironic that the companies success could lead investors to expect constant jumps in earnings. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=337662&view=rss&microfeed=true <![CDATA[Nintendo: Wiis Hit Shelves This Weekend]]> Nintendo of America president Reggie Fils-Aime confirmed today what we first broke earlier this week, Best Buy and six other national retailers will be stocking Wii this weekend. And by stocking I mean they will be advertising the console in their weekly circulars (except Wal-Mart) and then throwing the consoles up on the shelves come the weekend and then running away. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=334055&view=rss&microfeed=true <![CDATA[Nintendo Stock Hits All-Time High]]> Nintendo stock spiked at 64,800 yen on Wednesday, an all-time high, on speculation that the company might be bumping up its earning forecast again. The stock dipped back down to 64,300 by closing, a 2.7 percent increase over the day, Reuters reports. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=306677&view=rss&microfeed=true <![CDATA[Nintendo Expecting Billions More Than Projected]]> Nintendo today just bumped up their consolidated financial projections for net sales by 66 billion. That's with a really big B. Now Nintendo expects to make 966 billion in net sales. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=249853&view=rss&microfeed=true <![CDATA[Microsoft: Plenty O 360s]]> Hmmm, how to take this. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=231804&view=rss&microfeed=true <![CDATA[Plenty O PS3s But No Takers]]> Reports have been steadily trickling in since yesterday of stockpiles of Playstation 3s found sitting around in Best Buys untouched, or hardly touched. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=225271&view=rss&microfeed=true <![CDATA[Best Buy: Sit on PS3s, Sell Wiis]]> A friendly Best Buy mole shot us a copy of the retailer's latest employee newsletter, The Retail Inside. In it, Best Buy reminds their blue and yellow worker bees to hold Playstation 3 consoles for the Dec. 31 Ad. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=225116&view=rss&microfeed=true <![CDATA[T2: Ten Years Worth of Financials Are Bad]]>
The past ten years worth of Take-Two financial reports may not be reliable and the company incorrectly granted and documented stock options, a special investigatory committee found. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=220823&view=rss&microfeed=true <![CDATA[Wiis As Rare as Hen's Teeth in Europe]]>
In the midst of a increasingly hot sales in the U.S., Japan and Australia, Nintendo is gearing up for their launch of their Wii in Europe. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=220193&view=rss&microfeed=true <![CDATA[PS3s Averaging $2600 Sell Price on eBay]]> According to eBay Marketplace Research, as of 9:30 this morning 174 Playstation 3s have sold on the auction site for an average price of $2,618.47 since the console's availability this morning. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=215645&view=rss&microfeed=true <![CDATA[Rumor: More Best Buy Wii Stock Numbers]]> Best Buys nationwide will have 24 to 120 Wii's per store, according to the company's Retail Stock System WhoDigs reports. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=211026&view=rss&microfeed=true <![CDATA[EA To Offer New Stock to Keep Employees]]>
Gamasutra points to an interesting article from The Street about Electronic Arts struggle to deal with dropping stock prices and employee retention. The Street reports that the behemoth developer is allowing certain EA employees to trade out their old, now undervalued stock, for shiny new current-market valued stock. More »
]]> http://kotaku.com/index.php?op=postcommentfeed&postId=185213&view=rss&microfeed=true <![CDATA[Subpoenea Torpedos Take-Two Stock]]>
We broke the news yesterday of the Manhattan District Attorney's Office issuing a subpoenea to Take-Two as part of a grand jury investigation into Hot Coffee Gate. Today, investors showed their unhappiness, with the company's stock plummeting nearly 20 percent since yesterday's close. More »
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