Fox Business - The Power to Prosper
Search Site

Nintendo

GameStop Shares Fall As '14 Forecast Disappoints

Video game retailer GameStop Corp (NYSE:GME) on Thursday forecast full-year earnings below market expectations as it is yet to see an uptick in sagging video game software sales, despite robust hardware sales driven by the launches of Microsoft's Xbox One and Sony's PlayStation 4 consoles.GameStop shares fell as much as 9.3 percent, making the stock one of the top percentage losers on the New York Stock Exchange, before paring losses to close down 4.0 pct at $37.33.The Grapevine, Texas-based company, which reported a weaker-than-expected fourth-quarter profit, had said in January that sales of games for older versions of Xbox and PlayStation consoles were weak."Investors came into this quarter with high expectations of how new-generation consoles would drive sales of hardware and software," Morningstar analyst Liang Feng, said."New software sales over the past few years have been turning downward. ... You're seeing some investors get jittery that maybe it's a structural trend that will...

Read More

  1. Fox Flash: Wii Fit U

    Nintendo releases customizable exercise game

  2. New video game creates personalized fitness

    Nintendo releases 'WII Fit U'

  3. Japan Stocks Sag; Fast Retailing Climbs On Results

    Stocks in Japan started with losses Friday, the final session before the release of the closely watched U.S. jobs report later in the day. The Nikkei Stock Average s...

  4. Japan Stocks Give Back Some Of Previous Gain

    Japanese stocks weakened in early Thursday trading as the yen rose and Wall Street ended mixed, with the Nikkei Stock Average falling 1.2% to 15,929.74 after a 1.9% ...

  5. The companies that may be financially unfit to survive 2014

    Capitalist Pig Portfolio Manager Jonathan Hoenig, Belus Capital Advisors’ Brian Sozzi and InvestorPlace.com’s Jeff Reeves on the companies with an uncertain future.

  6. Japan Stocks Rally As Dollar Rises Above �104

    Weakness in Japan's yen propelled the export-oriented Japanese stock market higher early Thursday. The Nikkei Stock Average surged 275 points, or 1.8%, to 15.863, an...

  7. PS4 vs Xbox One: which rules the living room?

    CG42 managing partner Steve Beck on Xbox One and PlayStation 4.

  8. Clayton's gadget gift guide for kids

    Ideas for your hard-to-please teens

  9. Who is winning the gaming console sales war?

    Parks Associates Research Director Brett Sappington on the competition between the PlayStation 4 and Xbox One.

  10. Gift Guide: Hot Tech for Kids

    Nintendo 2DS http://global.fncstatic.com/static/managed/img/fb2/markets/nintendo-3ds.jpgPrice: $129.99 Like its 3D counterpart, the Nintendo 2DS is a portable gaming...

  11. 13 free apps you need for the holiday-shopping season

    This coming Thanksgiving weekend, 140 million people will be doing their holiday shopping, according to the National Retail Federation. You could get lost in the sea...

  12. Japan Stocks Rise As Yen Slips, Wall Street Gains

    Gains for U.S. shares and losses for the Japanese yen help send stocks solidly higher in Tokyo early Friday, with the Nikkei Average rising 1% to 15,022.54, cracking...

  1. Flappy Birds creator pulls the game despite its success

    Forbes writer Lan Anh Nguyen on the Flappy Birds creator reportedly pulling the game because he felt it was too addictive.

  2. Japan Stocks Rise, With Techs Up On Falling Yen

    Japanese stocks advanced in early Thursday trading, with tech shares enjoying gains after a modest fall in the yen overnight. The Nikkei Stock Average rose 0.4% to 1...

  3. Amazon’s latest push towards same-day delivery

    Polygon co-founder Russ Frushtick on Amazon, Dropbox, GameStop and Nintendo .

  4. Asian markets flat on China GDP data

    Business reporter Jacqueline Maddock on the Asian markets.

  5. European Markets Mixed After Deutsche Loss

    FOX Business: Capitalism Lives HereEuropean equities were mixed Monday after Deutsche Bank revealed a surprise quarterly loss. Meanwhile, most U.S. financial markets...

  6. Japan Stocks Lower Ahead Of China Data

    Japanese blue-chip stocks sloped down Monday, ahead of the release of closely watched data from China, and as the U.S. dollar was little changed against the yen from...

  7. Nintendo Set for Third Consecutive Annual Loss

    Nintendo Co Ltd said on Friday that sales of its Wii U consoles had flopped, pushing it to a third consecutive annual loss and raising a question mark over its futur...

‹ Prev12345Next ›
Freebase CC-BY
Source: Nintendo on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL