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Blockbuster (BBI)

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News Bytes: Giant Announces FAVORABLE Q4 Earnings, Shares of Blockbuster Suspended & MORE!

By gametrader ⋅ March 5, 2009 ⋅ Post a comment

News Bytes for March 5, 2008:

Giant Interactive-GA announces favorable 4th quarter and fiscal 2008 earnings. For the Quarter, net income increased 116.5% compared to 4th quarter 2007. Net revenue increased 33% to $51.7 million dollars. The board also approved an $.18 per share dividend. At last look, GA was up $.43 [...]

News Bytes: NYSE Suspends Trading of MWY/Midway Files Chapter 11 Bankruptcy

By gametrader ⋅ February 12, 2009 ⋅ Post a comment

News Bytes for Video Game Stocks. Thursday Feb. 12 Edition.

The NYSE has suspended the trading of MWY shares. Midway has filed Chapter 11 bankruptcy protection to relieve itself from the pressures of debt. According to the company, its all part of the restructuring efforts. More to come later. Despite the [...]

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