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...

AeroVironment Beats, But Guidance Disappoints -06/24/10 at 6:14 PM CDTby Perry Rod

AeroVironment (NASDAQ:AVAV) posted a strong fourth quarter, but provided guidance that requires a little bit of math in order to get to an EPS expectation, which they did not provide.  So lets break down what their guidance meant.  They stated: "For fiscal year 2011, the Company expects to achieve revenue growth of 10% to 15% over fiscal year 20...

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,...

Ares Capital, Allied Capital, and David Einhorn: The Predator in a Cu... -06/14/10 at 10:41 AM CDTby Mark Mitchell

I received an email a while back from Jim Brickman, a crony of short selling hedge fund manager David Einhorn, demanding that I post the Securities and Exchange Commission inspector general’s report on the commission’s investigation of Allied Capital (NYSE: AFC). According to Brickman, the report proves that Einhorn was right about Allied bein...

Europe Comes to Terms With Market Manipulation; the SEC, News Corpora... -05/24/10 at 1:26 PM CDTby Mark Mitchell

Well, the current state of the global financial markets is certainly interesting. I mean, you have to be a bit sick in the head, but if you think about it the right way, it really is “interesting” — sort of like, oo-wee, look, the girl in the cute leotard is falling off the tightrope, there’s no net, and she’s going to go &ld...

On Wall Street, Membership Has Its Privileges - Just Ask Deutsche Bank -05/17/10 at 9:37 AM CDTby Judd Bagley

One of the great episodes of The Simpsons follows Homer as he comes to realize that not all Springfield citizens are treated equally. The difference, Homer eventually discovers, is membership in a secret society known as the Stonecutters. Once on the inside, Homer is delighted to find his new affiliation subjects him to an enviable set of alternate rules....

Michael Jackson Calls Marvel Entertainment a Strong Buy in 2003 -05/11/10 at 8:39 PM CDTby Perry Rod

Recordings from 2003 have surfaced of superstar Michael Jackson giving possible stock advice to an anonymous source: We must move as fast as we can because the, on the film side of it, ah, I don't know if you have been reading the paper... but Marvel already have sold off their internet rights and the fact that stock is so low now.  They put out Spi...