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EA and Take-Two Financials

EA Announces a New CFO and releases its Q1 results for fiscal year 2013, showing slightly lower than expected losses on USD $201 million in earnings. Take-Two reports their results as well showing losses on weaker than expected sales of Max Payne 3 and Spec Ops: The Line, though optimistic word from their post-earnings (losses) conference call says that Borderlands 2 is the "third most pre-ordered game in Take Two history (behind two GTA games)." MarketWatch offers some analysis of the news.

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