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Nintendo Drops Wii U Price, Unveils 2DS Handheld Game System
Wednesday, August 28, 2013 - 1:38pm | 625Nintendo (OTC: NTDOY) made two sizable announcements today. The first -- a price cut for Wii U -- has been anticipated for months. Effective September 20, the deluxe version will retail for $299. Nintendo's second announcement was a bit more surprising. The company unveiled a new handheld game...
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Nintendo Must Sell 500K Wii U Games to Recoup This Loss
Thursday, March 14, 2013 - 3:38pm | 668Nintendo (OTC: NTDOY) lost a patent infringement case this week after a federal jury found that the company infringed on display technology invented by a former Sony (NYSE: SNE) employee. The technology was initially invented by Seijiro Tomita. According to Reuters, Tomita was awarded $30.2...
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Can a $99 Game Console Destroy Sony, Microsoft and Nintendo?
Friday, July 13, 2012 - 1:50pm | 1515Ouya, the $99 game console concept on Kickstarter, has raised more than $4.4 million from more than 34,000 backers. Should Sony (NYSE: SNE), Microsoft (NASDAQ: MSFT) or Nintendo (NTDOY) be worried? Depending on the source, Ouya (pronounced "Oooh-ya") is either a disaster in the making or the best...
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Nintendo Shares Continually Decline After Lackluster Wii U Presentation
Tuesday, June 12, 2012 - 11:29am | 710One week ago, the world couldn't wait to see what Nintendo had in store for the game industry. Today, the world wishes it had never found out. While a select number of consumers (read: a very small number of consumers) will tell you that the "games r great, u stupid Call of Duty lover!" and that...
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Five Things Nintendo Doesn't Want You to Know About its E3 2012 Press Conference
Wednesday, June 6, 2012 - 12:33pm | 1496Consumers expected big things from the Mario maker this week, including fresh franchises and new chapters in the Zelda, Pokemon, and Wii Sports series. But instead of wowing the masses with a massive lineup of must-buy games, Nintendo's (NTDOY) E3 press conference was unusually quiet. There were...
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Nintendo's Disappointing Wii U Showing Will Lead to the Demise of Console Gaming
Tuesday, June 5, 2012 - 2:09pm | 1113It's 2001 all over again. Only this time, Nintendo doesn't have anything to fall back on. In the late '90s and early 2000s, Nintendo (NTDOY) attempted to run its console business into the ground by releasing a lackluster follow-up, GameCube, to a lackluster system, Nintendo 64. At that time,...
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Will PlayStation 4 be the Last Game Console?
Thursday, May 10, 2012 - 12:11pm | 1104What will become of the game industry after PlayStation 4, Xbox 720 and Wii U arrive? Many think that this is the end of the line for consoles. With the rise of Android and iOS gaming, some argue that we no longer need a game-specific device. Never mind the fact that mobile gaming is nowhere near...
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Citi Bearish on Nintendo, Revises Yen/Euro
Wednesday, July 13, 2011 - 8:00am | 89“We cannot see any real improvement in 3DS demand until the hardware price is cut and two new Super Mario Brothers titles are released, and we do not believe the Wii U has the same level of appeal as the Wii,” Citi wrote in a report focusing on Nintendo (NTDOY). “Also, we revise our yen/euro...
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WARNING: Investors Should Be Wary of Fad (Read: BAD!) Decisions
Wednesday, June 8, 2011 - 12:50pm | 608Fads are a wonderful thing. They tell us how to dress, what music to like, and what items to purchase. They provide corporations with billions of dollars in profits and give investors an excuse to buy and sell stocks in large quantities. But just as teenage boys eventually realized that baggy...
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Technical Trading Summary 6/7/2011
Tuesday, June 7, 2011 - 5:40pm | 1567Stocks that closed at their high of the day: 1) First American Financial (NYSE: FAF): Closed at $15.25 – high of the day was $15.25. 2) Vitesse Semiconductor (NASDAQ: VTSS): Closed at $4.33 – high of the day was $4.35. 3) Giant Interactive (NYSE: GA): Closed at $7.79 – high of the day was $7.80...
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Did Nintendo Just Screw Up the Launch of Wii U?
Tuesday, June 7, 2011 - 4:02pm | 1225Who knew it could be so hard to unveil a new console? At last year's E3, Nintendo (NTDOY) made the impossible possible: it unveiled the Nintendo 3DS, the world's first glasses-free 3D device, without confusing the audience. The company did so with a slate of promising games and a plethora of...
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Top Percentage Gainers and Losers as of 2pm 06/07/11
Tuesday, June 7, 2011 - 2:27pm | 642Best 1) Temple-Inland (NYSE: TIN): Trading up 41.3% from yesterday's close to $29.67. International Paper put in a bid to acquire Temple-Inland for $30.60 per share. Temple's board rejected the deal, saying that the bid undervalued the company. 2) Westinghouse Solar (NASDAQ: WEST): Trading up 28...
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E3 2011: Nintendo Announces New Smash Bros. for Wii U and 3DS
Tuesday, June 7, 2011 - 12:57pm -
E3 2011: Wii U to use 6.2-inch Screen, is Backwards Compatible With All Wii Games and Peripherals
Tuesday, June 7, 2011 - 12:51pm