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Stock Market & Financial Investment News

News Breaks
January 31, 2013
06:54 EDTNTDOYNintendo says Wii U sales to miss previous forecast, NY Times reports
Nintendo (NTDOY) said that it has sold 3.06M Wii U game consoles, and that it expects to sell just 4M units of the device through March, versus its earlier forecast of 5.5M unit sales by that time, according to The New York Times. Reference Link
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May 19, 2013
14:49 EDTNTDOYMicrosoft set to unveil new Xbox amid stiff competition, Reuters says
Facing stiff competition from Sony's (SNE) PlayStation 4 and the Wii U by Nintendo (NTDOY), Microsoft (MSFT) is set to unveil its new Xbox game console, says Reuters. Reference Link
May 16, 2013
13:05 EDTNTDOYSpending on Apple, Android video games jumped in Q1, AllThingsD says
In the first quarter spending on video games for Apple (AAPL) and Android devices increased significantly versus the previous quarter, while spending on video games for traditional handheld consoles fell meaningfully, research firms IDC and App Annie found, according to AllThingsD. Consumers spent three times more on games for smartphones and tablets than on games for traditional handheld consoles last quarter, the website stated. Reference Link
May 13, 2013
15:10 EDTNTDOYAppeals court upholds favorable ruling for Nintendo
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