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...

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...

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 ...

A 2009 Look At Best Buy - Is It Even a "Buy" ? -01/02/09 at 5:11 PM CSTby Mahyar Hashemi

I've been following retailer Best Buy (BBY) for several years.  I always liked the logo, the store and their clean aggressive business model. But I'm surprised that the stock has even held up as well as it has given the market declines.  A year ago, earnings expectations were more than $4 and now the current year's guidance is at $2.60 with the...

Will The American Consumer Save the World Economy? -11/30/08 at 12:04 PM CSTby Mahyar Hashemi

Retail industry research firm, ShopperTrak RCT, has declared that total Black Friday sales rose 3% this year, to about $10.6 billion nationwide. So far, that appears to be higher than expected as analysts have cut their outlooks considerably. Overall sales for the holiday are expected to rise 2.2%, which would be higher than the 2002 holiday, where sales ...

The Most Difficult Climate We've Ever Seen, He Says -11/12/08 at 10:16 AM CSTby Peter York

Best Buy (BBY)'s CEO Brad Anderson single handedly sank the U.S. stock market Wednesday morning with some pretty strong words about the state of the U.S. economy: "Since mid-September, rapid, seismic changes in consumer behavior have created the most difficult climate we've ever seen.  Best Buy simply can't adjust fast enough to maintain our earning...