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more about #finance Karlott: Mr. Zelnick is coming over to kick your ass personally. more » SaanZ: This guy's a freaking corporate raider, and scumbag of one on top of it. He files a couple suits a month against companies trying to get them to sell more » Twik63: Also considering the market is basically dictated by how people "interpret" the market and not how its actually doing i've given up on looking to invest. more » tomsamson: That´s why i think in the video game industry its not such a great idea to turn your company into a publicly traded one. Everyone consider twice if y... more » Bouchart: Dude has a majorly wrinkled forehead. more » Danza: If they sell out to EA, I am done with gaming. Activision, too. I'm not kidding. I will just stop consuming games and play Valve games forver. Hold t... more » deanbmmv: Take-Two is only worth $700million? Surely GTA franchise alone is worth a fair amount? (or am I just showing a slight bit of ignorance on how shares ... more » Jezuz: THQ/2K merger would be ideal. Think Grand Theft Auto using the new GeoMod used in Red Faction: Guerilla. Or some of the BioShock guys working on some ... more » play_eminence: Please, DON´T get bought! I don´t want to see Bully 2 get canceled over some parent company doubting the financial success! And, of course, I don´t... more » -Skyline-:Offering FREE Grunt Birthday Parties!: And to think people went crazzzzzy when EA wanted to buy out 2K. Guess what, that was at the peak of BOTH companies stocks. If EA intends to take on... more » MooglesAndCats: I can't stand these generalizations. I wish all of you would come into my Gamestop. Every employee there actually cares about our customers. I will be... more » kyosen: I always shop Gamestop.. Mostly due to low prices on used games. I almost always walk out with something I didn't intend to when picking up a new game... more » anabbeynormality: I'm not fan of Gamestop, but Walmart undercutting prices in never good news. Walmart can afford to do this because they are the dominant retailer in m... more » smcallah: Is anyone old enough to remember when Electronics Boutiques were in malls (not outside store fronts like most are now) and didn't even try to compete ... more » ianweir07: Good for them. They are so stingy. They don't want to drop a price for nothing! $60 a game is a lot of money and during holiday season when there's to... more » Kovitlac: Cue the onslaught of GameStop hate!Glad to know that so many people posting here would love to see their fellow gamers out of a job, simply because on... more » Befitzero: Wait wait wait! Dose not gamestop make most of its money on the sale and trade of used game? So if they were to lower the prices on new game (from wha... more » Pretty Sneaky Sis: Hooray for undercutting competition! When they compete, we win. more » Bubbleman!: I miss the days of Software Etc (even though they were a ripoff, it was cool seeing shit like 3DO,Jaguar,Genesis,SNES and CDi all on the shelves at th... more » FrenziedMuffin: I don't think Walmart is the sole reason for Gamestop's decline. Steam promotes many games at extremely low prices and Amazon was running sales on gam... more » -
#finance
Investor's Big Stake in Take-Two Reignites Buyout Chatter
The notorious investor Carl Icahn disclosed late this week he owns more than 11 percent of Take-Two's shares, a stake large enough to restart talk that the publisher faces a buyout. More » -
#bidness
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 » -
#bidness
Is GameStop a Best Buy for Best Buy?
Dow Jones cornered Best Buy's CFO at an investor conference and asked if he'd comment on speculation the retailer might buy GameStop. Ryan Robinson declined to do so, but said some things that still keep the subject alive. More » -
#bidness
Atari Gets a New Money Man
Atari found its new chief financial officer from TheLadders.com. Not that they went literally advertising on the service, which promises careers paying more than $100,000 annually. They got the guy who was its veep for finance. More » -
#finance
GameStop Shares Dip Despite Financial Assurances
The March NPD results indicated a year over year decline in game sales, and retailer GameStop felt it in their stock prices, despite a statement issued today reaffirming its 2009 financial guidance. More » -
#worldofgoo
Rumor: World of Goo Publisher Files for Bankruptcy Protection
GameDaily BIZ cites an unnamed industry source that Brighter Minds Media, publisher of the acclaimed World of Goo, has filed for Chapter 11 bankruptcy protection. More » -
#majorleaguegaming
MLG Gets More Moolah
Major League Gaming got another $7.5 million from one of its venture capital firms, which called the pro video gaming league "a cultural phenomenon." More » -
#money
Budget Management - The Pocket RPG
In these difficult economic times we all need to take control of our finances. Trouble is, saving and budgeting is DULL DULL DULL. How best to motivate an easily-bored gamer? More » -
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#midway
Controlling Interest In Midway Sold To Some Guy
Talk about your Black Friday deals. Hoping to resolve debt issues, stodgy old-timer Sumner Redstone has sold his controlling interest in Midway Games for approximately $100,000. More » -
#weakdollarcausespricedropsabroad
Weakening U.S. Dollar Spurs PSN Prices Drop for Canada
Canadian Playstation 3 gamers are getting a price drop on Playstation Network downloadable content by tomorrow due to the strengthening Canadian dollar, Sony Computer Entertainment of America said today. More » -
#taketwointeractive
Big Take-Two Shareholders Bailing Out
Two of Take-Two Interactive's biggest investors, Oppenheimer Funds and FMR LLC, drastically cut their shares in the company, Reuters reports, a sign of "shareholder unrest" that could be bad news for company management. After a rejected buyout offer from EA was made public, it helped boost the Grand Theft Auto publisher's stock price nine points in one day, making for some assuredly pleased stockholders. But now that Take-Two management have claimed the buyout terms "undervalue" the company, shareholders may be unwilling to wait for a dip in their investment. More »
