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Posts tagged shares

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 indicat...

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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, bu...

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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 i...

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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 thos...

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GameStop shares slip 10%

GameStop announced that it doesn't expect an insanely strong fourth quarter due to competition, which resulted in a 10% drop in its stock price. Don't get any sneaky ideas all you GameStop haters -- just because the group won't be making as much money as expected, doesn't mean it still won't be maki...

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Nintendo shares jump to record high

Wall Street reacted favorably towards the House that Mario Built on Wednesday as Nintendo shares rose to a record high before closing up 2.7 percent at ¥64,800 ($555). The surge in stock price echoed Goldman Sachs' decision to cover Nintendo's stocks; the investment bank offered up a "buy" ratin...

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Nintendo is worth almost as much as Sony

Nintendo has surpassed the enormous electronics firm (and unfortunate 3DO M2 owner) Matsushita to take second place in market value for electronics firms. Nintendo's market value (the value of all of its shares) is currently at 6.30 trillion yen ($51 billion), which is not that far off from first-pl...

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Japanese government sells its Nintendo stock

Wait, what? It turns out that the Japanese seat of power actually owned around 1.4% of Nintendo's stock, coming in at a pricey $557 million dollars ... turns out they made quite a profit, seeing as how Nintendo's stock has gone up 43% in the past six months alone. The unfortunate consequence of this...

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