You're watching...
FBN’s Robert Gray breaks down Electronic Arts’ fourth-quarter earnings results.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
I'm Robert -- -- -- Fox Business street shares of electronic arts are tumbling on the company's bearish outlook.
The videogame publishers now forecasting a wider than expected loss of forty to 45 cents in the current quarter.
DA also anticipate a 31 million dollar charge as a result of its recent restructurings.
The forecast -- a better than expected profit and revenue report for EA's fourth quarter.
Consumer borrowing rose for a seventh straight month in March the Federal Reserve says consumer debt jumped 10% that month -- hit 21 point four billion bucks.
It's the largest increase since November 2001.
And Wall Street recovered most of today's losses after fresh concerns over the European debt crisis -- stocks -- negative territory.
The closing bell the Dow is down thirty points the NASDAQ and S&P posting modest gains.
That is -- latest from Fox Business giving you the power to prosper.
