Topic: Thomson Reuters Corporation

Activision's Warcraft loses steam, Call of duty shines

(Reuters) - Activision Blizzard revealed it has lost almost a million users for its "World of Warcraft" cash cow, dampening enthusiasm for its blockbuster "Call of Duty" franchise and wiping 3 percent off its share price.The largest U.S. video games publisher raised ...

Nintendo posts first ever quarterly loss, slashes 3DS prices

TOKYO (Reuters) - Japan's Nintendo Co posted its first ever quarterly operating loss, cut the price of its 3DS handheld game player and slashed its full-year profit forecast far below market expectations, hit by sluggish sales and a strong yen.The weak result ...

GameStop sees better 2011 for games business

NEW YORK (Reuters) - GameStop Corp, the world's largest retailer of video game products, forecast stronger 2011 profits that signaled a rebound in the traditional video game industry.Shares of GameStop rose up more than 3 percent on Thursday after it reported a ...

Activision pulls plug on Guitar Hero

NEW YORK (Reuters) - Activision Blizzard Inc's first-quarter outlook missed Wall Street expectations and it said it would disband the unit that makes Guitar Hero music games, sending its shares down 8 percent.The company forecast revenue of $640 million in the first ...

Video games shares looking for a catalyst

SAN FRANCISCO (Reuters) - U.S. video game publishers will provide a snapshot of consumer sentiment as the critical holiday season nears, with investors awaiting that elusive catalyst to shake the industry out of its doldrums.Shares of Activision Blizzard Inc , Electronic Arts ...

Take-Two posts profit, raises outlook

LOS ANGELES (Reuters) - Video game maker Take-Two Interactive Inc on Thursday smashed Wall Street expectations for its fiscal third quarter and raised its forecast for the current fourth quarter, citing strong sales for its "Red Dead Redemption" title.The company's shares rose ...

High hopes for Microsoft, but stock still adrift

NEW YORK (Reuters) - Signs point to strong results for Microsoft Corp as companies get around to buying computers after a two-year drought, but its stock may find it tough to gain altitude amid worries about where growth will come from in ...

Nintendo Q4 profit up, but sees decline ahead

TOKYO (Reuters) - Japan's Nintendo Co posted its first quarterly profit growth in more than a year, helped by the launch of a popular game, but it forecast a second straight year of smaller profits as sales of its Wii console slow.Nintendo ...

Activision results top Street, starts dividend

SAN FRANCISCO (Reuters) - Activision Blizzard Inc posted better-than-expected results on Wednesday, fueled by its hit holiday release ""It shows you the strength and the confidence we have," Chief Executive Bobby Kotick said in an interview with Reuters.Activision posted a net loss ...

Electronic Arts outlook disappoints, shares decline

SAN FRANCISCO (Reuters) - Electronic Arts Inc warned that fiscal 2011 earnings would miss Wall Street expectations as it grapples with a lack of blockbuster new games after a succession of missed targets and restructurings.However, on a conference call with analysts, Chief ...
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