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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Shares of Electronic Arts Inc.   ERTS.O fell almost 2 percent on Wednesday after it said in a   filing that the U.S. Securities and Exchange Commission has   requested certain documents and information related to its   stock option grant practices.
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Electronic Arts Inc  posted a 44 percent rise in quarterly profit excluding special items and gave forecasts below Wall Street estimates, sending shares in the world's top video-game publisher down 6 percents on Thursday.
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Electronic Arts is back in the game it never left.
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TOKYO -- Just when Sony appears to have turned around its electronics business, another part of its sprawling empire _ video games _ is dragging down profits.
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Take-Two Interactive Software Inc  said on Tuesday it cut its quarterly net loss in half, but the publisher of games such as "BioShock" gave an outlook that fell short of Wall Street expectations, and its shares fell 4 percent.
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By Evening Standard, London  Jan. 31--Electronics giant Sony is heading for a $2 billion (Â£1.01  billion) loss in its video games division after the surprise success of rival  Nintendo's Wii console.
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John Riccitiello, CEO of Electronic Arts, admits he's blown it with his handling of talented developers in the past. But he's learned from his mistakes and that EA is a better company for it.
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Electronic Arts is embarking on a project that entails trying to redefine video games for a new audience.
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Warner Music Group reported a narrower loss Monday, crediting a restructuring effort that cut costs.
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The controversial game publisher pulls the plug on a game, for now.
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Take-Two Interactive Software said Tuesday that it cut its quarterly net loss in half, but gave an outlook that fell short of Wall Streetâs expectations.
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Circuit City Stores Inc., the No. 2 US electronics chain, said yesterday its second-quarter loss narrowed to $11.9 million as the company sold more plasma-screen televisions and benefited from the acquisition of a Canadian retailer.
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No. 1 video game maker Electronic  Arts Inc ERTS.O 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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By Bloomberg News. Electronic Arts, a maker of video games, said yesterday that it bought 19.9 percent of a French competitor, Ubisoft Entertainment, the maker of games based on Tom Clancy novels.
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Electronic Arts Inc. replaced Larry Probst as chief executive on Monday, naming former EA executive John Riccitiello as the new leader of world's largest video game publisher.
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NEW YORK -- An income tax benefit narrowed Computer Associates International Inc&#39;s loss dramatically in the second quarter. The company reported Wednesday a net loss of $96 million, or 16 cents per share, but