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THQ Talks Up Darksiders and Red Faction 2, But Talk is Cheap For
This... -07/28/09 at
7:15 PM CDTby Perry Rod
THQ announced today that they made .09 non-GAAP
earnings from what looked to be a spectacular quarter, which
included UFC Undisputed, Red Faction and considerable cost
reductions. Now they are talking about making only around 90
million in revenues in the second quarter and somewhere in the
ballpark of -.50 earnings. That'll make it around -.4...
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ERTS TTWO
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No Regrets, No Responsibility: Strauss Zelnick, Take Two
Interactive'... -07/20/09 at 11:03 AM CDTby Perry Rod
“I don’t engage in regrets,”
he said in an interview with CNBC last month. It was a revealing
statement by the chairman of Take Two Interactive, Inc. (TTWO). A
humble man may have had some regrets, given the dramatic fall of
the company’s stock. But humility is almost certainly
not a quality requirement for one who engages in...
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ATVI GME NFLX BBY BBI
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THQ Inc. Sells Over 1 Million UFC Undisputed Copies In First
Month -06/11/09 at 6:40
PM CDTby Mahyar Hashemi
According to research group NPD, UFC Undisputed
moved just over a million copies in its first twelve days on the
shelf in North America. That may explain why THQ stock is up
64% since its release date. Analysts were expecting much
fewer first month sales. Wedbush Morgan senior analyst
Michael Pachter had predicted 400,000 copies to sell ...
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TTWO ERTS
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THQ Inc. and Take Two Interactive - A Similar
Value? -06/10/09 at
11:22 AM CDTby Perry
Rod
According to recent trading, video game
companies THQ Inc (THQI). and Take Two (TTWO) Interactive Software,
Inc. have a nearly identical market capitalization value. THQ
stock has nearly tripled in the last three months on word of solid
sales of their new games, UFC Undisputed and Red Faction
Guerilla. But do these companies really deserve sim...
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ERTS
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THQ Unloads a Powerful Punch at E3
-06/09/09 at 3:04 PM
CDTby Mahyar Hashemi
Since the start of the E3 Expo in Los Angeles
just five business days ago, THQ Inc. stock has soared
nearly 27% as of midday trading today. Investors must have been
impressed. THQ showed off Darksiders, Homefront and
Warhammer, along with current releases Red Faction and UFC
Undisputed. THQ stock had hit a low of $2.23 this year as
a...
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THQ Ships Two Million Copies of UFC Undisputed
-06/03/09 at 8:13 AM
CDTby Mahyar Hashemi
In a special message to investors, THQ Inc.
(THQI) CEO Brian Farrell announced that the new mixed martial arts
title, UFC Undisputed, has shipped over two million copies
worldwide. He added that he is, "very pleased with the sell
through" of those copies. The game released in North America
on May 19th. On their May 7th conference call, Farrell...
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TTWO
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Take Two Interactive Unveils Bioshock 2 Multiplayer at E3
Expo -06/02/09 at 10:21
PM CDTby Perry Rod
Upstairs in a private room, away from the
spectacle that is the E3 Expo floor convention, Take Two (TTWO)
Interactive privately showed us Bioshock 2 Multiplayer. The
original and highly acclaimed Bioshock did not have a multiplayer
experience, which analysts suggest limited sales despite the rave
reviews. But hold onto your hats. Not only does the s...
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MSFT TTWO GME BBY BBI
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Same Old Gamestop Fears Pressure Stock
-06/02/09 at 12:38 AM
CDTby Mahyar Hashemi
Every year it's the same old fears with
Gamestop. The company is running out of time, they say,
facing a new world of downloading and new competition. They
are the next Blockbuster, they say. They said it last year, they
said it the year before, and the year before that and so on.
This latest round of fears is likely why while many other...
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SNE NTDOY.PK MSFT TTWO ERTS
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Nintendo Stock Falling In Japan Despite Record Breaking
Sales -01/21/09 at 2:24
AM CSTby Perry Rod
While video game sales break new records all
across the world, video game stocks have seen better days. American
publishers Activision (ATVI), Electronic Arts (ERTS), Take Two
(TTWO) and THQ (THQI) have all seen their stocks dramatically fall
over the year. The latter has had the worst hit, sinking 86%
in a year while others have been cut by over ...
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