Bono To Buy Eidos; EA Earnings Warning
Meanwhile on U.S soil Electronic Arts issued its first ever mid-quarter profit warning. Blaming hardware shortages, slowing catalog sales, and lower than expected fourth quarter sales (for games like Need for Speed Underground 2 and NFL Street 2), EA says its results will not meet expectations. Shares dropped 12% in after-hours trading.
From The Chatty
-
Whoa .. BONO ?