FILE PHOTO: The Nintendo booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S., June 13, 2017. REUTERS/ Mike Blake
TOKYO - Nintendo Co Ltd’s shares fell as much as 5 percent in early Tokyo trading, a day after the gaming company offered conservative earnings guidance and urged caution on the roll-out of its Switch console in China. Nintendo’s shares were down 3.2 percent at 0930 local time , underperforming the benchmark index which was down 0.8 percent.
The Kyoto-based gaming company said on Thursday it expected to shift 18 million Switch consoles and 125 million software units this financial year. That software forecast is seen by some analysts as conservative given a games pipeline that includes two full Pokemon titles and the latest in the Luigi’s Mansion and Animal Crossing series.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
World shares fall as China stimulus worries offset upbeat Credit Suisse earningsWorld shares took a step back on Wednesday as signals that China has put broader...
Source: Reuters - 🏆 2. / 97 Read more »
3M stock tumbles after company reports lower-than-expected earnings and cuts 2019 guidance3M reported a lower-than-expected quarterly profit this morning, and announced it will lay off 2,000 workers worldwide. Many of us think that all our crypto assets are secured and exchange where we keep our hardly earned money is very secured. Think again ! Be smart get best hardware wallet ever made Ledger Nano X. Buy now at discounted price
Source: CNBC - 🏆 12. / 72 Read more »
EBay stock rallies more than 5% on quarterly earnings beat, increased guidanceShares of EBay Inc. rose more than 5% in the extended session Tuesday after the company reported a first-quarter adjusted profit above Wall Street...
Source: MarketWatch - 🏆 3. / 97 Read more »
Starbucks jumps to record high after beating on earnings and raising guidanceStarbucks reported its second-quarter results after the bell on Thursday. You’re welcome Starbucks 😆
Source: BusinessInsider - 🏆 729. / 51 Read more »
Trucking giant Knight-Swift beats on earnings, but cuts guidance due to a 'less robust' marketTrucking giant Knight-Swift beat earnings but cuts guidance due to a 'less robust' market. The company's shares were up over 1% on the news.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Facebook shares surge as Wall Street analysts rave over earnings: 'What a start to 2019'Wall Street was enamored Thursday morning with Facebook's first-quarter earnings report, with a handful of brokerages lauding its results. the biden effect What a 🐊 of 💩! These numbers need to be audited. Not their books mind you—Wall Street’s digital infrastructure 💋💋 A mesmerizing tale
Source: CNBC - 🏆 12. / 72 Read more »
Coca-Cola shares jump 3% after earnings beatCoca-Cola reported earnings before the bell Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »