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Posts tagged stock

Analyst: Nintendo profits have peaked, stock set to decline

Though Nintendo is currently making money faster than a brothel in shore leave season, Deutsche Bank analyst Satoru Kikuchi has given the company's stock a "sell" rating, usually reserved for companies who are facing an economic decline. Kikuchi foresees a slow trailing off for Nintendo's stock va...

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Take-Two stock jumps up 10% following earnings report

Take-Two recently dished out deets concerning how much of the coveted moneyz the company made and how much of that was attributed to car theft. Following that, the company's stock started to get a spring in its step, rising 10% yesterday. With the company reporting a $50 million loss, seeing such ...

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Square Enix acquires more Eidos stock

Square Enix is working its way around Eidos' sphere grid of stock holders and leveling up for, what appears to be, its inevitable takeover of the British publisher. GI.biz reports that two major Eidos investors have sold 11.13 percent of the publisher's total stock to the Moogle master at 32 pence...

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EA stock responds to bad news with 14 percent growth

It seems like EA's stock price may just be a masochist. After EA unleashed the pain of an underperforming quarter, the company's stock responded today by rising as high as $17.60, a 13.5 percent increase from yesterday. Hurts so good indeed. Well, not for these guys and girls. But you get the idea...

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Nintendo and Sony stocks drop following earnings reports

Following Sony and Nintendo's financial reports yesterday, the two companies saw their shares on the Tokyo Stock Exchange fall today. On the Nintendo side, despite reports of massive earnings, the lowered forecast for DS and Wii sales has hurt the big N. Nintendo's stock was hit the hardest of the...

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How ridiculously wealthy is Nintendo this year?

Despite reporting on it back in 2007 and reading the Wikipedia entry so many times, we're still foggy on what market capitalization is -- we think it's basically how many shares of stock are in the public, multiplied by the cost of one share. We have an impressionistic idea of what it means, though:...

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Downgraded investment rating causes Sony stock fall

Sony stock fell 5.9 percent in Japan today as two analysts downgraded their investment rating of the company, "citing a loss of competitiveness." Credit Suisse reduced its rating of Sony from "neutral" to "underperform," believing "fundamental changes" are needed to get Sony back on track. The Cred...

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Rumor: Best Buy holding back Wiis

Still stuck for a Wii this holiday season? Worried that little Jonny and Jenny will regard you as the WORST PARENT OF ALL TIME come Xmas morning? Then know that there is still hope. A Go Nintendo tipster claims that his local Best Buy is clinging onto its Wiis until December 14. Come Sunday, the sto...

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Surprise! Walmart sold a lot of Wii consoles yesterday [update]

Well now, who could've expected this? Surely not us! We're not being sarcastic at all. Walmart promotes a healthy supply of Wii stock and, sure enough, the retail giant has sold a lot of consoles. Tens of thousands by Monday afternoon, in fact. Spokesperson Ravi Jariwala said the company saw a "ve...

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Midway sinks further after Redstone escape

How low can you go? GI.biz reports that Midway's stock has plummeted some 40% since majority shareholder Sumner Redstone cast off his stake in the company to investor Mark Thomas on Monday and ran for the hills. Midway's stock currently trades for around 23 cents a share, an all-time low and reas...

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