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Trading Alert for Midway Games Inc.

Publication: M2 Presswire
Publication Date: 22-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-22 November 2006-bellwetherreport.com: Trading Alert for Midway Games Inc.(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:22112006

Midway Games (NYSE:MWY) is locked in mortal combat with its rivals for the hearts of video game players. The struggling company produces sports and entertainment titles for the home console game market, including Blitz: The League, Gauntlet: Seven Sorrows, SpyHunter 2, and Mortal Kombat. Midway develops its games for Nintendo's GameCube and Game Boy Advance, Sony's PlayStation 2 and Playstation Portable, and Microsoft's Xbox, as well as for PCs. It also offers classic Atari titles (such as Defender and Joust) for online game play. Viacom and CBS Corporation chairman Sumner Redstone now owns more than 85% of Midway, either directly or through National Amusements.

Shares were down 3% as Sumner Redstone's nephew launches lawsuit.

BellwetherReport.com is a leading online research firm for international investors looking to get an edge over their portfolio. Investors seeking the most up to date information on Midway Games Inc. are...

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