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Stock Market & Financial Investment News

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June 26, 2014
07:41 EDTTTWOTake-Two upgraded to Buy from Hold at Benchmark Co.
Benchmark Co. upgraded Take Two Interactive to Buy saying Evolve could sell-in 5M units. The firm raised its price target for shares to $25.31 from $22.30.
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July 18, 2014
07:22 EDTTTWOTotal June video game sales up 24%, spending on games down 3%, VentureBeat says
Sales of physical video game products, including consoles, games and accessories, rose 24% from the same month of last year to $736.4M in the U.S. in June, reported VentureBeat, citing NPD Group data. Spending on games slid 3% year-over-year to $286.8M, the report noted, with NPD stating that sales of launch titles this June "did not compare favorably" to those launched in 2013. The report also noted that PS4 again outsold Xbox One in the month. Publicly traded companies in the video game space include Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME), Take-Two (TTWO), Sony (SNE) and Microsoft (MSFT). Reference Link
06:38 EDTTTWOJune NPD video game software sales fell 3%, says Piper Jaffray
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