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Posts Tagged ‘ video game industry ’

Delays Hit Video Game Maker’s Guidance Hard

Jul 15th, 2009 | By Bob Blandeburgo | Category: Financial News

Shares of “Grand Theft Auto” maker Take-Two Interactive (Nasdaq:TTWO) took a drubbing yesterday (Tuesday) after it lowered its financial outlook and delayed key video game releases until its next fiscal year.



Facing Falling Demand, Sony Lops Off 16,000 Jobs

Dec 9th, 2008 | By Mike Caggeso | Category: Financial News

Surrounded by global recession, Tokyo-based Sony Corp. (ADR: SNE) said it plans to eliminate 16,000 jobs, the biggest of several moves intended to cut more than $1.1 billion (100 billion yen) from its annual expenses by March 31, 2010.



How To Make Real Profits In The Virtual World

Dec 1st, 2008 | By Martin Hutchinson | Category: Top Story

The video game industry has a reputation for being recession proof. And soaring sales this year suggest there are some great profit opportunities in the sector. That’s why the Money Morning team have created this comprehensive guide to virtual investing.