Business news briefs

< Previous Page

Video game

sales tumble

A research firm says U.S. retail sales of video game hardware and software fell for the ninth straight month in August. The NPD Group said sales fell 20 percent, to $515.6 million. Software sales — the video games themselves — fell 9 percent from a year ago, to $237.7 million. Sales of hardware such as Microsoft’s Xbox 360 and Sony’s PlayStation 3 fell 39 percent, to $150.6 million.

Kraft sees 2013

profit ahead

Kraft Foods said its new North American food company will post a 2013 profit of $2.60 per share. Kraft will split into two companies on Oct. 1. It decided to spin off its global snack business under the name Mondelez International in March. The North American grocery business will continue to carry the name Kraft.

Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

About Reader Comments

---

Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.