GME
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Gamestop Inc. CEO Suggests 2010 Growth Modeling Expectations Are
High... -11/19/09 at
10:18 AM CSTby Perry
Rod
In response to a question about possibly having
another 20% year over year software growth year as seen for the
company in 2008, Gamestop (NASDAQ: GME) CEO Dan DeMatteo said in a
conference call with analysts that Gamestop's early expectations
for 2010 growth is not for 20% but rather for "strog single digits
to maybe low double digit growth." Analysts e...
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TTWO ERTS
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Outrageous: Electronic Arts Inc CEO Riccitello Buys His Own Company
a... -11/17/09 at 3:33
PM CSTby Perry Rod
What is it about greedy video game publisher
executives? Just two years ago at Electronic Arts (NASDAQ:ERTS),
with only eight months on the job as Chief Executive Officer, John
Riccitello announced a buyout of Pandemic and Bioware studios from
his former firm Elevation Partners, of which he was one of the
founders. The purchase price looked astrono...
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TTWO ATVI GME BBY WMT
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Gamestop Inc Will Die, They Say, But Publisher Actions Speak Louder
T... -10/29/09 at 12:54
PM CDTby Perry Rod
Gamestop’s closest U.S. comparable is Best
Buy (BBY). Analysts for Best Buy Inc. are predicting an 8%
year over year EPS growth rate. Based on current trading
prices, BBY trades at a P/E ratio of around 13. Meanwhile, analysts
project a 14% year over year EPS increase at Gamestop Inc
(NYSE:GME). With higher analyst growth expectati...
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TTWO ERTS ATVI GME
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NPD Results Delayed for Gamestop Corp, Activision, Take Two
Interacti... -10/15/09
at 5:27 PM CDTby Mahyar
Hashemi
Video game investors will have to wait a couple
more business days to see September's NPD results for video game
software and hardware sales. "We have just released a
communication to our clients, explaining that, due to last minute
processing requirements, the NPD Video Games Retail Tracking
information for September 2009 will now be released on Mo...
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TWX TTWO NWS
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Roddy Boyd, Formerly of News Corporation and Time Warner Inc., and
th... -10/13/09 at 3:21
PM CDTby Mark Mitchell
“Telling the truth is only possible by
accident through a special sort of boastfulness…” -
Fyodor Dostoevsky, “The Idiot” Regular readers of Deep
Capture are aware that we have sought to expose certain journalists
who seem to serve the interests of a network of market miscreants,
many of whom are tied to the famous criminal ...
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ATVI GME NFLX BBY BBI
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Wedbush Morgan Upgrades Gamestop (GME)
-10/08/09 at 10:59 AM
CDTby Perry Rod
Calling Gamestop's guidance "conservative" and
citing valuation, Wedbush Morgan senior analyst Michael Pachter
raised his rating and price target for Gamestop to $34 and
"Outperform". "We expect industry sales to return to positive
territory in September, and think that GameStop is well positioned
to recover as well. " Gamestop is up around 3% this mornin...
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ERTS
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Electronic Arts Chairman Larry Probst in a High Profile
Failure -10/02/09 at
2:41 PM CDTby Perry Rod
Larry Probst, current chairman of Electronic
Arts (ERTS), served for three years as the company's CEO and is its
largest individual shareholder. In that three years,
Electronic Arts stock was flat while the S&P 500 rose 30% and
Activision, its biggest competitor, rose 170%. He stepped
down as CEO in 2007 but still holds the position of cha...
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ERTS
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Another Day, Another Buyout Rumor - This Time Electronic
Arts -09/23/09 at 2:35
PM CDTby Mahyar Hashemi
Why so many rumors in the video game space about
acquisitions? Because apparently they work. THQ Inc. (THQI)
was up 13% yesterday as a result of a rumor that Viacom and others
are interested in buying them. But as one poster pointed out,
why would THQ raise 100 million in a convertible offering one month
prior to a proposed buyout? It sh...
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TTWO ERTS
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Why THQ Inc. (THQI) is Unlikely To Be A Buyout Target And Why
dealRep... -09/22/09 at
11:49 AM CDTby Perry
Rod
Take Two (TTWO) Interactive, a company with a
major video game sports division, received a buyout offer last year
from video game sports giant Electronic Arts (ERTS) before the
market storm. Today, there is a rumor that THQ (THQI), whose
list of internal intellectual property is small and comparatively
unimpressive in terms of sales volume, is recei...
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TTWO DELL
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Another Take Two Scandal, or Just Another Wall Street
Scandal? -09/15/09 at
11:14 AM CDTby Perry
Rod
An unusual event occurred at 4:01 PM on
September 1st, 2009 as video game investors were staring intently
at their Dow Jones Newswire streamers. Take Two Interactive
(TTWO) was to announce earnings on that day and news hit the
streamer, “Take-Two Swings To 3Q Loss; Co Cautious On FY
Outlook.” Opening up the report revealed an
exten...
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TTWO ERTS ATVI
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Take Two Interactive Burns Through 300 Million
Cash -09/02/09 at 12:10
PM CDTby Perry Rod
It was just one year ago that Take Two (TTWO)
Interactive Software Inc. announced that it had accumulated 339
million dollars in cash from the success of Grand Theft Auto
4. They had no debt. Today, just twelve months later, they
have managed to burn through almost all of that cash. With a
recent 5 million dollar cash settlement and 138 millio...
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COOL TTWO ERTS ATVI GME
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Sony PS3 Pricecut, Welcome News for Activision, Electronic Arts,
Game... -08/18/09 at
12:57 PM CDTby Perry
Rod
There is a universal sigh of relief in the
interactive entertainment industry today as Sony has just announced
at the end of their Gamescon 2009 presentation that the new
PlayStation 3 Slim will now be $299 (299 euros, 29980 yen).
That will also be the new price for all PlayStation 3's for sale on
the market starting tomorrow, August 19, 2009. Kotak...
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