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Posts tagged shares

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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Nintendo shares back on the climb

"The only is way up, baaay-beee!" Oh, Yazz. Not only did your wise words get us through tough times during our early teenage years, but they're also oddly relevant when it comes to the current value of Nintendo stock. If you've been keeping up, Nintendo shares haven't looked that hot recently, ...

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Riccitiello buys $1 million in EA stock

Showing the man has a little bit of confidence in his company, Electronic Arts CEO John Riccitiello has bought 20,000 shares of stock at $48.37 apiece, totaling approximately $967,400. According to Barron's Online (subscription required), this is the second purchase he's made since becoming chief ...

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Grand Theft Auto IV jacks up Take-Two shares

Hitting you with all the force of a frilly pillow being swung by a little girl on Valium news now, with the shocking revelation that Take-Two shares are rising amidst glowing and gushing reviews of new best game ever, Grand Theft Auto IV. The game's critical reception will provide "some leverage" ...

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THQ CEO Brian Farrell exercises stock options, sells shares

We don't claim to be stock market experts (we don't know how anyone can keep up with all those bulls and bears and acronyms) but we're pretty sure that when a company's head honcho exercises options for over 73 thousand shares in his own company, then promptly sells off close to 53 thousand of ...

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