Video game shares take a hit as PlayStation price cut rumors mountAugust 17th, 2009 Sector Snap: Video games take a hitNEW YORK — Shares of video game companies took a hit Monday, even as rumors mounted about a looming price cut for Sony Corp.'s PlayStation 3. The shares dropped just a few days after market researcher NPD Group reported a sharp drop in video game retail sales for the month of July.
Research In Motion shares retreat after UBS downgradeAugust 10th, 2009 RIM shares take a hit after UBS downgradeNEW YORK —Shares of Research in Motion Ltd. took a hit Monday after a UBS analyst downgraded the BlackBerry smart phone maker, saying that while the current quarter looks to be going well, the stock is nearing his target price.
Supertex shares rise after analyst upgrades stock to 'buy;' Samsung LED TV demand is driverSeptember 15th, 2009 Supertex shares rise after analyst upgradeNEW YORK — Shares of chip maker Supertex Inc. were up more than 5 percent Tuesday after an analyst upgraded the stock to "buy" based on its position as the sole supplier of drivers for Samsung Electronics Co.
Credit Suisse analyst upgrades Novellus, says he expects Samsung to increase capital spendingSeptember 21st, 2009 Credit Suisse analyst upgrades shares of NovellusSAN FRANCISCO — A Credit Suisse analyst upgraded Novellus Systems Inc. shares to "Outperform" Monday, citing several reasons including an expectation that Samsung Electronics Co.
Sony still struggling to regain electronics glamour after first annual loss in 14 yearsJuly 28th, 2009 Sony still struggling after first loss in 14 yearsTOKYO — Japanese electronics and entertainment company Sony Corp. reports its fiscal first quarter earnings on Thursday.
Movers roundup: Starbucks shares soar; Seagate Technology stock jumps on outlook, upgradeJuly 23rd, 2009 Movers roundup: Starbucks, Seagate TechnologyAmong the stock activity stories for Wednesday, July 22, from AP Financial News:
NEW YORK (AP) — Shares of Starbucks Corp. soared after a number of analysts praised the company's cost-cutting efforts following the gourmet coffee chain's fiscal third-quarter profit report.
Seagate sees signs of improvement in data storage but posts 4th-quarter loss of $81 millionJuly 21st, 2009 Seagate posts 4Q loss on lower sales, big chargesSCOTTS VALLEY, Calif. — Hard drive maker Seagate Technology on Tuesday reported a fiscal fourth-quarter loss, reversing a year-ago profit, but said it is seeing signs of improvement in the data storage market and lifted its revenue outlook for the first quarter.
Yingli Green Energy reports 2nd-qtr loss on one-time charges, adjusted earnings beat streetAugust 19th, 2009 Yingli Green Energy posts 2Q loss on chargesNEW YORK — Solar cell maker Yingli Green Energy Holding Co. on Wednesday posted a second-quarter loss driven by one-time charges, sending shares tumbling in premarket trading.
Take-Two cuts quarterly profit and revenue outlook on BioShock 2 delay, weak retail salesJuly 14th, 2009 Take-Two cuts outlook on BioShock 2 delaySAN FRANCISCO — Shares of Take-Two Interactive Software Inc. plunged 13 percent in after-hours trading after the video game maker cut its financial outlook, citing lackluster orders from retailers and the delay of a popular new title.
Motorola loss widens, but beats Street; analysts see worrisome signsApril 30th, 2009 Motorola loss widens; analysts see worrisome signsNEW YORK — Motorola Inc. defeated low expectations Thursday, posting a smaller first-quarter loss than Wall Street had expected and regaining its position as the world's fourth-largest maker of cell phones.
Electronic Arts posts larger 1st-quarter loss, adjusted results beat expectationsAugust 4th, 2009 EA 1Q loss widens but results surpass expectationsNEW YORK — Lower revenue from packaged video games amid a seasonal slump for the industry gave Electronic Arts Inc. a larger net loss in its fiscal first quarter.
Motorola 1Q loss widens, but beats Street; regains position as No. 4 cell-phone makerApril 30th, 2009 Motorola 1Q loss widens, but beats StreetNEW YORK — Motorola Inc. defeated low expectations Thursday, posting a smaller first-quarter loss than Wall Street had expected and regained its position as the world's fourth-largest maker of cell phones.
Mobile phone maker Sony Ericsson posts 2Q net loss of €213 millionJuly 16th, 2009 Sony Ericsson posts another loss in 2QSTOCKHOLM — Handset maker Sony Ericsson said Thursday it booked another loss in the second quarter as the global economic crisis continued to weigh on mobile phone sales. The LM Ericsson and Sony Corp.
Sony reports $391 million quarterly loss, keeps forecast for more red inkJuly 30th, 2009 Sony quarterly loss $391 mln, expects more red inkTOKYO — Sony Corp. stuck to a forecast for big full year losses, citing falling gadget prices and a shaky global recovery, even as it posted less-dismal-than-expected results for the fiscal first quarter.
Mobile phone maker Sony Ericsson posts 2Q net loss of euro213 millionJuly 16th, 2009 Sony Ericsson posts another loss in 2QSTOCKHOLM — Handset maker Sony Ericsson said Thursday it booked another loss in the second quarter as the global economic crisis continued to weigh on mobile phone sales. The LM Ericsson and Sony Corp.
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