U.S. Video Games Sales Up 11 Pct in Nov.-Analysts
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Sales of video games rose about 11  percent in the United States in November, analysts said on  Friday, with two key titles responsible for almost 30 percent  of all games sold in the month.
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SAN FRANCISCO &#151; Electronic Arts Inc. exceeded Wall Street's earnings expectations Thursday despite fiscal third-quarter sales that dropped 38 percent, thanks to brisk holiday sales of video games used on the Sony Playstation 3.
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Global consumer electronics sales are  expected to climb by 11 percent in 2005, marking the second  year in a row of double-digit growth, powered by demand for  big-screen TVs, pocket-sized music players and tiny memory  cards, an industry trade group said on Tuesday.
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In December, Nintendo had its biggest month ever with the hot-selling game system. Holiday shoppers bought 1.4 million Wiis, according to sales data released Thursday by the NPD Group. The Wii's success helped drive the video game industry to a record-setting $17.9 billion in sales, about 43% higher than 2006's $12.5 billion, which was also a record.
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Sales at retailers posted a much stronger-than-expected 1.2 percent rise in November, government data showed on Thursday, as holiday shoppers coped with high energy costs and the fallout from a housing slump.
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U.S. retail sales rose 0.1 percent in November, the Commerce Department said on Monday in a stronger-than-expected report that cemented views the Federal Reserve will raise interest rates again this week.
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U.S. retail sales increased by 0.1 percent in November, the Commerce Department said on Monday, slightly stronger than expectations, while the previous month was revised sharply higher.
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US retail sales leapt 1.0 percent in November, the Commerce Department said in a report showing much stronger-than-expected consumer spending.
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Shares of Electronic Arts Inc. rose more than 6 percent Friday, after adjusted fourth-quarter earnings exceeded Wall Street's expectations. But financial analysts wondered whether the world's biggest video game publisher was becoming overvalued.
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Video game retailer posts strong results leading into holiday quarter.
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NEW YORK, December 30  - The National Association of Realtors reported yesterday that the sales of existing homes in the US had risen to an all-time monthly high in November, surpassing expectations.
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Retail sales in the United States increased by a modest 0.1 percent in November following a revised gain of 0.8 percent in October, the Commerce Department reported on Monday.
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Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) , the world&#39;s largest retailer, said on Saturday it expects a 0.7 percent increase in November sales at its US stores open at least
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By Troy Wolverton, San Jose Mercury News, Calif.  Dec. 9--November was a good month for Nintendo -- and for the video game industry as a whole.
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Planned U.S. layoffs rose 11 percent  in November from the previous month, led by a heavy round of  job cuts in the automotive industry, an independent report  showed on Tuesday.
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U.S. chain store retail sales rose a  bit in the latest week due to post-Christmas shopping, a report  said on Tuesday.
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Shares of the leading video game software publishers traded higher Friday despite mixed November sales. US sales of console games -- those made for Sony&#39;s (SNE:NYSE - news - research) PlayStation 2, Microsoft&#39;s