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Posts tagged shares

Three EA execs unload stocks as publisher hits five-year high

Two senior members of Electronic Arts sold off the entirety of their shares in the publisher late last week when the company hit the highest share price it's seen in well over five years. SEC filings revealed that Patrick Soderlund, executive vice president of EA Games and EA senior vice president...

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From Software acquired by Japanese publisher Kadokawa Corporation

Dark Souls and Armored Core developer From Software is to become a subsidiary of Kadokawa Corporation, after the Japanese publisher announced its acquisition of the studio. According to a report by GameBiz.jp, Kadokawa will conclude the transfer of 80 percent of the company's shares from former...

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Sony to sell all its Square Enix shares

Sony announced it's selling its entire stake of 9.52 million shares in Square Enix, with the PlayStation company booking a gain of 4.8 billion yen (around $47 million) in the current fiscal quarter. At the time of writing, Sony is the third-largest shareholder in Square Enix with an sizable equity...

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Nintendo buys shares in company with mobile video content platform

Nintendo has purchased stock in Dwango Co., the parent company of Japanese mobile video content platform Nico Nico Douga, Business Week reported yesterday. Before you spread news of Nintendo finally venturing into smartphones however, know that Nintendo spokesperson Yasuhiro Minagawa has stated...

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J.P. Morgan reduces Zynga ownership to less than one percent

Multinational banking conglom-o J.P. Morgan has reduced the amount of Zynga stock in its possession from 6.7 million shares to 2.6 million, All Things D reports. This represents a shift in its ownership of the developer/publisher from 6.7 percent to less than half of one percent, with the whole of...

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Report: Activision stock may rise 50 percent with Pandaria, CoD Online

Activision Blizzard may see its share price increase as much as 50 percent as it prepares to launch the Mists of Pandaria expansion for World of Warcraft and Call of Duty Online in China, financial newsweekly Barron's reports. Activision Blizzard is currently trading at $11.25, after reporting Q2...

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Sony shares drop to 31-year low in Japan, 19-year low in US

Shares of Sony stock have dipped to their lowest number in 31 years in Japan and to a 19-year low in the US, following a dismal earnings report for the previous fiscal year. Sony shares dropped 7 percent in Japan, to 1,135 Yen ($14), and 2 percent in the US, closing at $15.37. Sony CEO Kaz Hirai...

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LA Noire boosts Take-Two stock

Now here's a pretty open-and-shut case. What do you think could have caused Take-Two's share price to rise almost 18 percent yesterday? The company had the release of a little game called LA Noire to thank for that. On Monday, Take-Two shares were hovering around $15 a pop, but shot up...

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Report: OnLive valued at over a billion dollars

We knew the technology powering the compression and streaming capabilities of OnLive was actually the work of dark and ancient sorcery, but we never would have guessed how profitable said sorcery actually is. According to a report fromVenture Beat, a regulatory filing issued in May seems to...

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Nintendo shares on the rise again

You can barely move in the blogosphere without bumping into another "Nintendo is rich" story, and we're not about to help matters -- sorry. Anyway, the skinny is that Nintendo shares have soared after the company upped its full-year profit forecast by 26%. It now anticipates that it will sell 26.5...

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