Electronic Arts lowers outlook, shares fall
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Video game publisher Electronic Arts Inc  gave an outlook that was below market expectations on Thursday as it delayed two new titles, sending its shares down 6 percent in after hours trading.
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Electronic Arts Inc , the  world's biggest video game publisher, said on Monday it will  delay "Army of Two" to early next year, saying it needed more  time to polish the military combat game.
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Video game publisher Electronic Arts Inc. said Thursday it swung to a loss in the third quarter, hurt by restructuring charges and the way it accounts for online-enabled games.
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Stock futures pointed to a lower market  open on Thursday as the technology sector remains under  pressure after Alcatel-Lucent  slashed its revenue  outlook.
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Stocks fell on Tuesday after a weak outlook from Procter & Gamble, disappointing earnings from U.S. Steel and a report showing consumer confidence at a two-year low fueled worries about the economy, consumer spending and corporate profits.
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U.S. technology stocks fell on  Thursday, taking a hit on sharp declines in online auctioneer  eBay Inc. EBAY.O and wireless technology company Qualcomm  Inc. QCOM.O after both posted lower-than-expected outlooks.
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Plus: Electronic Arts lowers outlook, shares fall...Sony profit up, forecast cautious...Matsushita profit up 22 percent...Amazon's profit up, margins squeezed.
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In a Feb. 1 story about Electronic Arts Inc.'s earnings, The Associated Press reported erroneously that third-quarter sales had dropped 38 percent. It was profits that dropped by that margin.
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European equities were lower on Monday as technology stocks, industrial groups and financial services companies slipped following gains last week.
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Shares of Ultimate Electronics (ULTE:Nasdaq - news - research) were among the Nasdaq&#39;s losers Monday, falling 55% after the company warned that it is mulling a possible reorganization.
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Electronic Arts cuts prices on key sports titles, showing some vulnerability.
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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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But shares fall after the video game publisher cuts outlook for crucial Christmas shopping season. LOS ANGELES  - Electronic Arts Inc.
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Sony Corp. shares have fallen as investors reacted nervously to news that the eagerly awaited launch of its PlayStation 3 (PS3) game console in Europe will be delayed from November to March.
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Stocks fell on Thursday, led lower by tech shares as investors worried about the impact of a slowing economy on the outlook for profits.
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U.S. stocks fell on Wednesday, led by losses in technology shares after a disappointing forecast from business software maker Novell Inc.  and negative comments from a brokerage on Oracle Corp.
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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.