Electronic Arts Posts Loss, Citing a Revamp
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The video game maker largely met Wall Streetâs forecasts, despite posting a quarterly loss because of reorganization charges and deferred revenue.
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No. 1 video game maker Electronic  Arts Inc on Tuesday reported higher quarterly profits on strong  demand for titles like Madden NFL 2005, but its stock price  fell after a holiday forecast fell short of Wall Street  expectations.
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Games giant Electronic Arts buys a stake in smaller French rival Ubisoft, the maker of recent hit game Prince of Persia.
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A major restructuring process has pulled this respected audio company into penny land.
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Electronic Arts is back in the game it never left.
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Take-Two Interactive Software Inc said  on Tuesday it cut its quarterly net loss in half, but the  videogame publisher's outlook fell short of Wall Street  expectations, and its shares fell 4 percent.
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The broadcast companyâs loss stemmed from write-downs, breakup costs and weak advertising sales.
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Take-Two Interactive posts another loss. Will a restructuring plan save the day?
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Internet gaming company Sportingbet reports a first quarter loss of Â£241.4m, after selling its US business for Â£1.
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Rumors of Sony Computer Entertainment's plans to cut U.S. jobs were substantiated on Thursday with the announcement of its plans to restructure in the face of last year's operating losses.
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Electronic Arts seems to be stuck in another time and place.
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The surprise quarterly loss came after Circuit City cut prices on hot electronics like flat-panel TVs and computers to lure customers during the holiday shopping season.
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The controversial game publisher pulls the plug on a game, for now.
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No. 1 video game maker Electronic Arts Inc on Tuesday reported higher quarterly profits on strong demand for titles like Madden NFL 2005, but its stock price fell after a holiday forecast fell short of Wall Street expectations.
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It appears that after more than a year of gobsmacking miscalculations, missteps and plain old mistakes, Sonyâs game group is possibly getting its act back together.
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Analysts say makers sell consoles at a loss and profit on games, but Sony's loss is unusually high.
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Electronic Arts cuts prices on key sports titles, showing some vulnerability.