Liana's Feed
Jan 25, 2011

Corning’s sales, outlook beat estimates, shares rise

NEW YORK, Jan 25 (Reuters) – Corning Inc (GLW.N: Quote, Profile, Research, Stock Buzz) gained
market share in the fourth quarter in the weaker market for
liquid crystal display panels, sending shares up 4.4 percent on
Tuesday.

Demand for LCD panels has slowed as consumers have shown
little appetite for upgrading their televisions once they have
bought their first flat-screens. The weaker market has led to
price cuts among LCD glass makers.

Jan 24, 2011

Trading probe reveals the temptations for ‘experts’

NEW YORK (Reuters) – Expert network firms, currently the focus of a major U.S. insider trading investigation, have never had to work too hard to find midlevel corporate executives willing to moonlight as paid consultants.

With consultants earning anywhere from $200 to $1,000 an hour for a meeting with hedge fund traders, working for an expert network firm — an intermediary company that matches industry consultants with hedge funds — is an easy way for an executive to pad his bank account.

Jan 24, 2011

EA wins new friends with social, mobile games

NEW YORK (Reuters) – Electronic Arts (ERTS.O: Quote, Profile, Research), hurt by an industry-wide slump in video game sales, wants to become a big player in a new game — social and mobile media.

EA is the top publisher of games by revenue on Apple Inc’s (AAPL.O: Quote, Profile, Research) iPad and iPhone, and is concentrating more on its digital business. Sales of the more costly packaged games, like its “Tiger Woods PGA Tour” golf game, have taken a beating since the beginning of the recession.

Jan 21, 2011

Analysis: Trading probe reveals the temptations for “experts”

NEW YORK (Reuters) – Expert network firms, currently the focus of a major U.S. insider trading investigation, have never had to work too hard to find midlevel corporate executives willing to moonlight as paid consultants.

With consultants earning anywhere from $200 to $1,000 an hour for a meeting with hedge fund traders, working for an expert network firm — an intermediary company that matches industry consultants with hedge funds — is an easy way for an executive to pad his bank account.

Jan 21, 2011

Analysis: EA wins new friends with social, mobile games

NEW YORK (Reuters) – Electronic Arts (ERTS.O: Quote, Profile, Research, Stock Buzz), hurt by an industry-wide slump in video game sales, wants to become a big player in a new game — social and mobile media.

EA is the top publisher of games by revenue on Apple Inc’s (AAPL.O: Quote, Profile, Research, Stock Buzz) iPad and iPhone, and is concentrating more on its digital business. Sales of the more costly packaged games, like its “Tiger Woods PGA Tour” golf game, have taken a beating since the beginning of the recession.

Jan 20, 2011

Ricoh banks on services as printer market slows

NEW YORK, Jan 20 (Reuters) – Ricoh Co (7752.T: Quote, Profile, Research, Stock Buzz) will invest
$300 million to bulk up its document management business,
capitalizing on corporate demand for services such as paper
scanning and storage while cutting its reliance on printer
sales.

The Japanese company, which will make the investment over
the next three years, is the latest of a string of rivals
including Xerox Corp (XRX.N: Quote, Profile, Research, Stock Buzz) and Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) to announce
expanded offerings to corporate clients. [ID:nSGE6811BK]

Jan 19, 2011

Nintendo says reaction to 3D warning was overblown

NEW YORK (Reuters) – A top Nintendo Co Ltd executive said reaction to a health warning on its new 3D handheld game player was overblown, portraying as routine the warning that hit its shares two weeks ago.

Nintendo had warned that its 3DS, set to go on sale March 27 in the United States, could harm young children’s eyes, and advised that children 6 years old or younger play games only in 2D mode.

Jan 11, 2011
via MediaFile

DC Universe Online: Can a Lex Luthor plot get people to pay for Sony’s new MMO?

Holy MMO, Batman! Sony Online Entertainment sure hopes DC Universe Online — the splashy new massively multiplayer online game that hit stores today – won’t share the fate of the caped crusaders’ legions of arch-villains over the past few decades.

Fans willing to shell out $59.99 upfront and then $14.99 a month can create their very own superhero and play — on PCs or Playstation 3s — much-loved characters from Superman to Batman and Wonder Woman, in locales eerily familiar to comic geeks from  Metropolis to Gotham City.

Jan 6, 2011

GameStop’s holiday sales disappoint, shares drop

NEW YORK (Reuters) – GameStop Corp’s same-store sales during the holiday season rose a less-than-expected 3.4 percent, sending its shares lower on Thursday.

“This was slightly disappointing,” said Wedbush Securities analyst Michael Pachter, who had been expecting at least a 5 percent increase in same-store sales for the biggest U.S. video game retailer.

Jan 6, 2011

GameStop’s holiday sales beat last year’s

NEW YORK, Jan 6 (Reuters) – GameStop Corp’s (GME.N: Quote, Profile, Research, Stock Buzz) sales
during the holiday season topped last year’s, as new products
like Microsoft’s Kinect motion controller revived customers’
spending in its stores.

The biggest U.S. video game retailer said sales for the
holiday period — the key season for retailers — totaled about
$3.02 billion, a 5.4 percent increase from a year earlier.