NBA Lockout May Prove Damaging to Take Two Interactive Bottom Line -10/10/11 at 9:07 AM EDTby Perry H. Rod

While Take Two Interactive (NASDAQ:TTWO) CEO Strauss Zelnick reiterated on his company’s last conference call that the implications of an NBA lockout were unknown and would not affect company guidance for their related NBA title, NBA 2K12 has quietly hit the market this week.  The only problem is it has been a little too quiet with sales appear...

Lies, Damned Lies, and Take Two Interactive Release Dates -05/23/11 at 3:25 PM EDTby Perry H. Rod

Investors are often taught to look forward, not backward.  With video game publisher Take Two Interactive (NASDAQ:TTWO), in particular, investors have been encouraged to look to the future and away from a messy past.  However, sometimes the past can expose consistencies that require attention. Get this.  In the last five fiscal years review...

The Cost of L.A. Noire for Take Two Interactive -04/26/11 at 12:21 AM EDTby Perry H. Rod

Take Two (TTWO) Interactive, Inc. [NASDAQ:TTWO] has had its fair share of CEO’s come and go, from stock option criminal Ryan Brant to board takeover leader Strauss Zelnick.  But one leadership role has remained the same for over ten years – the producers at Rockstar Games. Every few years investors begin to worry about the same question: ...

Take Two Chairman: "We are reporting good results" -10/18/10 at 11:23 AM EDTby Perry H. Rod

This morning on Bloomberg Television's "InsideTrack," Strauss Zelnick, Chairman of Take Two Interactive Software, Inc. (TTWO) seemed to suggest that Take Two performed well in the month of September, which is Take Two's second month of its unreported fourth quarter. “The September reports were that business is down about 8% - not very exciting &ndas...

Take Two, THQ Down 20% in August -09/01/10 at 1:56 PM EDTby Perry H. Rod

With the NASDAQ and Dow Jones Index down 6% and 4%, respectively, two video game publishers have seen their shares beaten down to a bloody pulp in the last month – THQ Inc. (NASDAQ:THQI) and Take Two Interactive (NASDAQ:TTWO). Competitor Electronic Arts (NASDAQ:ERTS), meanwhile, was down 4% in the same period. THQ issued a weak quarterly update whic...

Michael Pachter Overestimates, Take Two Interactive Shares Tumble -08/12/10 at 10:07 PM EDTby Perry H. Rod

Call it the Pachter effect. Video game analyst Michael Pachter, who himself has seemed to admit in the past that his monthly U.S. sales estimates for publishers come without much extensive research, has perhaps managed to help move Take Two Interactive’s stock (NASDAQ:TTWO) down about 17% in only three days.  How?  On Monday of this week,...

Take Two Redemption in June: Nearly 1 Million More Copies Sold -07/15/10 at 8:36 PM EDTby Perry H. Rod

Take Two Interactive (NASDAQ:TTWO) has hit gold, now selling through somewhere around 2.5 million copies of Red Dead Redemption in the United States in it's first six weeks, according to newly released sales figures from a leading market researcher.  International sales charts suggest the title is doing just as well overseas with still another month ...

Redemption: 1.5M Units in the United States in May -07/02/10 at 4:43 AM EDTby Perry H. Rod

The video game industry today learned that Rockstar's Red Dead Redemption has had one of the biggest openings of any title in this console generation.  In fact, only two titles released in the first three quarters of any of the past few years have done this well in their opening month: Capcom's Resident Evil 5 which was released in March 2009, and Ro...

Take Two Interactive, Inc. CEO Ben Feder: "I don't run my business to... -06/29/10 at 9:56 AM EDTby Perry H. Rod

In an article published yesterday, Take Two Interactive [NASDAQ:TTWO] CEO Ben Feder stated, “I don’t run my business to please the analyst community.” It’s no wonder, of course, that interactive entertainment analysts are equally unimpressed with Take Two Interactive stock.  Indeed, Take Two management routinely appears to ac...

Take Two Interactive Inc. E3 2010 Performance Recap -06/21/10 at 10:59 AM EDTby Perry H. Rod

It was nice to finally see Take Two Interactive (NASDAQ:TTWO) on the show floor of E3.  As you walked in, the first thing you saw at the entrance of their booth were lifesize characters from Take Two’s franchise, Bioshock.  The suggestion here is that the franchise is as alive as ever and developers are already hard at work on a sequel, de...

Coming Redemption For Take Two Interactive Investors -04/20/10 at 11:59 AM EDTby Perry H. Rod

For the last couple weeks, Take Two's (NASDAQ:TTWO) Red Dead Redemption titles for the Xbox 360 and PlayStation 3 have showed considerable pre-order interest on the Amazon bestseller video game chart as well as other online charts.  GameStop stores also appear to be involved in a heavy marketing campaign for the title.  This has come as a surpr...