THQ Says Wait Until 2012 For Growth -08/12/10 at 11:34 PM CDTby Perry Rod

Yeah, wait until the stock drops another couple dollars.  THQ (NASDAQ:THQI) now says that it will earn “roughly” .81 to .86 in its second half this fiscal year (ending in March, 2011).  That’s because the company just lost .21 in a quarter that featured its crucial UFC title and now forecasts .60 to .65 in adjusted losses for i...

Michael Pachter Overestimates, Take Two Interactive Shares Tumble -08/12/10 at 9:07 PM CDTby Perry Rod

Call it the Pachter effect. Video game analyst Michael Pachter, who himself has seemed to admit in the past that his monthly U.S. sales estimates for publishers come without much extensive research, has perhaps managed to help move Take Two Interactive’s stock (NASDAQ:TTWO) down about 17% in only three days.  How?  On Monday of this week,...

Take Two Redemption in June: Nearly 1 Million More Copies Sold -07/15/10 at 7:36 PM CDTby Perry Rod

Take Two Interactive (NASDAQ:TTWO) has hit gold, now selling through somewhere around 2.5 million copies of Red Dead Redemption in the United States in it's first six weeks, according to newly released sales figures from a leading market researcher.  International sales charts suggest the title is doing just as well overseas with still another month ...

Redemption: 1.5M Units in the United States in May -07/02/10 at 3:43 AM CDTby Perry Rod

The video game industry today learned that Rockstar's Red Dead Redemption has had one of the biggest openings of any title in this console generation.  In fact, only two titles released in the first three quarters of any of the past few years have done this well in their opening month: Capcom's Resident Evil 5 which was released in March 2009, and Ro...

Take Two Interactive, Inc. CEO Ben Feder: "I don't run my business to... -06/29/10 at 8:56 AM CDTby Perry Rod

In an article published yesterday, Take Two Interactive [NASDAQ:TTWO] CEO Ben Feder stated, “I don’t run my business to please the analyst community.” It’s no wonder, of course, that interactive entertainment analysts are equally unimpressed with Take Two Interactive stock.  Indeed, Take Two management routinely appears to ac...

THQ Inc. E3 2010 Performance Review -06/21/10 at 10:15 AM CDTby Perry Rod

THQ (NASDAQ:THQI) knows how to put on a show at E3.  You would never know that they are struggling as a company if you saw the noise they made at E3.  But in the end, it’s a question of whether their titles hold up among the competition: Red Faction - This new iteration looks similar to the previous offering as far as graphics, but doesn't...

Take Two Interactive Inc. E3 2010 Performance Recap -06/21/10 at 9:59 AM CDTby Perry Rod

It was nice to finally see Take Two Interactive (NASDAQ:TTWO) on the show floor of E3.  As you walked in, the first thing you saw at the entrance of their booth were lifesize characters from Take Two’s franchise, Bioshock.  The suggestion here is that the franchise is as alive as ever and developers are already hard at work on a sequel, de...

Activision E3 2010 Recap -06/21/10 at 9:35 AM CDTby Perry Rod

Executives at Activision Blizzard Inc. (NASDAQ:ATVI) had a strong sense of self awareness this year.  The greatest decision they made at E3 was to stay off the floor and keep a low profile (aside from throwing themselves a concert featuring Eminem, Jane’s Addiction and Usher a day before E3 began).   This was in contrast to last year,...

Coming Redemption For Take Two Interactive Investors -04/20/10 at 10:59 AM CDTby Perry Rod

For the last couple weeks, Take Two's (NASDAQ:TTWO) Red Dead Redemption titles for the Xbox 360 and PlayStation 3 have showed considerable pre-order interest on the Amazon bestseller video game chart as well as other online charts.  GameStop stores also appear to be involved in a heavy marketing campaign for the title.  This has come as a surpr...

Gamestop Corp Rumor Writer Fired by Business Insider -03/25/10 at 11:26 AM CDTby Perry Rod

Managing editor of Clusterstock.com and former editor-in-chief of Dealbreaker.com John Carney was fired by Business Insider's Henry Blodget yesterday.  There is no official word on the reason for his termination. Two weeks prior, Carney had written an article stating that retailer GameStop Corp [NYSE:GME] "might be an acquisition target," according ...

Take Two Interactive's Bioshock 2 Tops Software Sales for February 2010 -03/11/10 at 5:23 PM CSTby Perry Rod

Take Two (NASDAQ:TTWO)'s Bioshock 2 on the Xbox 360 barely beat out Wii's popular New Super Mario Brothers for the month of February, according to NPD.  Activision's November release, Call of Duty: Modern Warfare 2 was at number 3 and 6 of the top 10.  Electronic Arts hit the next three spots.  Sony's Heavy Rain comes in tenth.  On the...