Pink Sheets: Midway Games Inc. (MWYGQ) news stock charts
Midway Games Inc. (MWYGQ/MWYGQ.PK) Penny Investment Summary:
Midway Games Inc. engages in the development and publishing of interactive entertainment software for the video game market primarily in North America, Europe, and Australia. It offers video games for play on the home video game consoles and handheld game platforms, including Microsoft?s Xbox 360, Nintendo?s Wii and Nintendo DS, and Sony?s PlayStation 3, and PlayStation Portable, as well as Microsoft?s Xbox, Nintendo?s NGC and GBA, and Sony?s PS2. The company also develops and publishes games for personal computers with a focus on the creation of a portfolio of titles, in various video game genres, such as the action/fighting, open-world, and casual/handheld video games. It markets its products through its internal sales staff, as well as through independent sales representatives, distributors, and resellers to mass merchandisers, discount store chains, video rental retailers, software specialty retailers, Internet-based retailers, entertainment software distributors, and foreign, national, and regional retailers. It has a strategic relationship with MTV Networks to jointly market three video game titles and collaborate on soundtrack development for two of these titles. The company was founded in 1988 and is based in Chicago, Illinois. Midway Games Inc. (NYSE:MWY) operates independently of WMS Industries Inc. as of April 6, 1998. On February 12, 2009, Midway Games Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.www.midway.com
540 Employees
Founded in 1988
MIDWAY GAMES INC (MWYGQ:OTC)
LAST $0.02 USD
CHANGE TODAY 0.00 0.00%
VOLUME 3.2K
As of 8:10 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of MIDWAY GAMES INC (MWYGQ)
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OPEN
$0.02
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PREVIOUS CLOSE
$0.02
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DAY HIGH
$0.02
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DAY LOW
$0.02
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52 WEEK HIGH
06/3/09 - $0.09
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52 WEEK LOW
12/18/09 - $0.02
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MARKET CAP
1.7M
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AVERAGE VOLUME 10 D
46.3K
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EPS TTM
$-1.92
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SHARES OUTSTANDING
92.3M
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MWYGQ Does Not Pay Dividends
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P/E TTM
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Key developments for MIDWAY GAMES INC (MWYGQ)
Matthew V. Booty to Resign as an Employee and Chief Executive Officer of Midway Games Inc
03/5/2010
On March 1, 2010, Matthew V. Booty, Midway Games Inc.'s President and Chief Executive Officer, and Chairman of the Board of Directors, provided notice of his intent to resign as an employee and Chief Executive Officer effective on March 24, 2010. Mr. Booty will continue to serve as Chairman of the Board and President. Mr. Booty had no disagreement with the company on any matters related to the companys operations, policies or practices.
Midway Games Inc. Reports Earnings Results for the Month Ended September 30, 2009
12/14/2009
Midway Games Inc. reported earnings results for the month ended September 30, 2009. For the month, the company has posted net loss of $1,074,851.00.
Midway Games Inc. Announces Board Changes
08/25/2009
Effective August 19, 2009, William C. Bartholomay, Joseph A. Califano and Robert N. Waxman resigned from the Midway Games Inc. Board of Directors. Matthew V. Booty, the company's President and Chief Executive Officer, is currently the Midway Games Inc.s sole Board member.
Midway Games Inc. financial resources
MWYGQ Competitors
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Industry Analysis
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MWYGQ transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About Midway Games Inc.
Warner Bros. takes big stake in Rocksteady Studios
2010-03-11 06:11:12
Quote: has made a string of video games acquisitions, including Snowblind Studios and most of the assets of Midway Games Inc.Snowblind is expected next year to release its first game based on "The Lord of the Rings," the blockbuster movies adopted from books by J.R.R. Tolkien. Midway is behind the game "Mortal Kombat."Star WarsIndiana Jones and LEGO Batman.Rocksteady Studios Ltd., founded in 2004, is working on a sequel to the award-winning Batman game, of which three million copies were sold worldwide...Read article
MIDWAY GAMES INC Files SEC form 8-K, Change in Directors or Principal Officers
2010-03-08 02:40:15
Quote: MIDWAY GAMES INCRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
MIDWAY GAMES INC
5-Mar-2010Change in Directors or Principal OfficersPrivacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incomple...Read article
Warner Bros. takes big stake in Rocksteady Studios
2010-02-25 06:40:42
Quote: has made a string of video games acquisitions, including Snowblind Studios and most of the assets of Midway Games Inc.Snowblind is expected next year to release its first game based on "The Lord of the Rings," the blockbuster movies adopted from books by J.R.R. Tolkien. Midway is behind the game "Mortal Kombat."Warner Bros. earlier acquired TT Games, which developed LEGO Star Wars, LEGO Indiana Jones and LEGO Batman.Rocksteady Studios Ltd., founded in 2004, is working on a sequel to the award-wi...Read article
Predictability Of Revenue And High Margins Make Activision Blizzard A Good Investment, According To Industry Expert
2009-12-30 04:04:10
Quote: Read article
MIDWAY GAMES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition or Disposi
2009-11-30 06:02:39
Quote: Item 1.01 Entry into a Material Definitive Agreement.
On July 1, 2009, the United States Bankruptcy Court for the District of
Delaware (the "Court") approved a Settlement Agreement by and among Mark E.
Thomas, MT Acquisition Holdings LLC and Acquisition Holdings Subsidiary I, LLC
(Midway's majority share holder) ("AHS") (together, the "Thomas Parties") and
the Official Committee of Unsecured Creditors (the "Committee") on behalf of the
Chapter 11 bankrup...Read article
MIDWAY GAMES INC Files SEC form 8-K, Material Impairments
2009-11-30 06:02:39
Quote: Item 2.06 Material Impairments
On July 1, 2009, the management of Midway Games Inc. (the "Registrant")
concluded that a material charge for impairment is required under generally
accepted accounting principles. On July 1, 2009, the Registrant complied with
the federal Worker Adjustment and Retraining Notification Act and provided a
60-day notification to the employees of its San Diego, California facility (the
"CA Facility") of its intention to close the CA Facility. The he...Read article
MIDWAY GAMES INC Files SEC form 8-K/A, Other Events, Financial Statements and Exhibits
2009-11-30 06:02:39
Quote: Item 8.01 Other Events
On May 13, 2009, Midway Games Inc. (the "Registrant") filed a current report
on Form 8-K which included as Exhibit 99.1 the monthly operating report for the
period February 12, 2009 through and including March 31, 2009 (the "Monthly
Operating Report") of the Registrant and its United States subsidiaries
(together with the Registrant, the "Debtors") filed with the United States
Bankruptcy Court for the District of Delaware (the "Court&qu...Read article
National Amusements to sell shares of Viacom, CBS
2009-11-30 06:02:38
Quote: The person would not elaborate on the locations and said a valuation on the theaters was not finalized.Combined with a tax refund from selling its controlling stake in video game maker Midway Games Inc. last year at a loss, Redstone's company will have just "a small amount" of debt left to refinance, said the person, who was not authorized to speak publicly and spoke on condition of anonymity.Dedham, Mass.-based National Amusements expects to raise up to $602.3 million selling shares of Viacom, ...Read article
MIDWAY GAMES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Costs Associated with Exit or Dispos
2009-11-30 06:02:38
Quote: Item 1.01 Entry into a Material Definitive Agreement
The disclosures in Item 2.01 of this Current Report on Form 8-K are
incorporated herein by reference.
Item 2.01 Completion of Acquisition or Disposition of Assets
THQ Asset Purchase
On August 19, 2009, pursuant to the Asset Purchase Agreement dated as of
August 3, 2009 (the "THQ APA"), Midway Games Inc. (the "Registrant") and its
wholly-owned subsidiaries, Midway Home Entertainment Inc. ("MHE") and Midway
Stud...Read article
MIDWAY GAMES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
2009-11-30 06:02:38
Quote: Item 1.01 Entry into a Material Definitive Agreement
THQ Asset Purchase Agreement
On August 3, 2009, Midway Games Inc. (the "Registrant") and two of its United
States subsidiaries, Midway Home Entertainment Inc. ("MHE") and Midway Studios
Los-Angeles Inc. ("MSLA," together with the Registrant and MHE, the "Sellers")
entered into an Asset Purchase Agreement (the "Asset Purchase Agreement") with
THQ Inc. ("THQ").
Under the terms of th...Read article
MIDWAY GAMES INC Files SEC form 8-K, Costs Associated with Exit or Disposal Activities
2009-11-30 06:02:37
Quote: Item 2.05 Costs Associated with Exit or Disposal Activities
On September 18, 2009, Midway Games Inc. (the "Registrant") and two of its
United States subsidiaries, Midway Home Entertainment Inc. ("MHE") and Midway
Studios Los-Angeles Inc. ("MSLA," together with the Registrant and MHE, the
"Sellers") entered into an Asset Purchase Agreement (the "Asset Purchase
Agreement") with SouthPeak Interactive Corporation ("SouthPeak").
Under the...Read article
National Amusements to sell shares of Viacom, CBS
2009-11-30 06:02:37
Quote: The person would not elaborate on the locations and said a valuation on the theaters was not finalized.Combined with a tax refund from selling its controlling stake in video game maker Midway Games Inc. last year at a loss, Redstone's company will have just "a small amount" of debt left to refinance, said the person, who was not authorized to speak publicly and spoke on condition of anonymity.Dedham, Mass.-based National Amusements expects to raise up to $602.3 million selling shares of Viacom, ...Read article
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