Broker Center sponsored links

Nintendo jumps 5 pct after strong results, outlook

Thu Jan 24, 2008 7:28pm EST
 
Email | Print | | Reprints | Single Page
[-] Text [+]

TOKYO, Jan 25 (Reuters) - Shares in Nintendo Co Ltd (7974.OS: Quote, Profile, Research, Stock Buzz) jumped more than 5 percent on Friday after robust holiday sales of Wii and DS game machines helped it more than double its quarterly operating profit and prompted it to raise its outlook beyond market expectations.

As of 0022 GMT, Nintendo was up 5.1 percent at 55,800 yen.

Operating profit at Nintendo, creator of game characters Mario and Zelda, came to 205.3 billion yen ($1.9 billion) in October-December, up from 100.5 billion yen a year earlier, Reuters calculations showed. [ID:nT112274] (Reporting by Aiko Hayashi) ($1=107.16 Yen)

 

Featured Broker sponsored link

Editor's Choice

Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters