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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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Nintendo buys $1.1 billion of its own shares, Yamauchi family contributes

Nintendo has bought back 9.5 million shares of its own stock, valued at 114.2 billion yen ($1.1 billion), in its first step to stabilize the company's changing financial situation. The family of Hiroshi Yamauchi, Nintendo's late (and great) CEO, sold back a portion of its shares during this buyback...

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Report: GAME preparing to rejoin stock market

2012 wasn't kind to retail chain Game - after closing more than 200 stores in the UK and Ireland, shuttering its Australian division, filing for administration (bankruptcy) and getting delisted from the stock exchange, its operations were purchased by sister investment companies. Luckily for GAME,...

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Nintendo, Sony stock strengthens following suspension of Chinese console ban

After China opted to temporarily lift its ban on foreign-made video game consoles earlier this week, both Nintendo and Sony saw small bumps in their respective stock prices. As of this writing, Nintendo shares are trading at $18.66, whereas Sony is trading at $18.25. By comparison, Nintendo closed ...

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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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NASDAQ extends Majesco's delisting grace period, new deadline Feb. 2014

NASDAQ has given Cooking Mama publisher Majesco another 180 days to raise its (beef) stock value above $1.00, after the company failed to meet yesterday's existing deadline for the same goal. Majesco now has until February 24 of next year to become compliant with NASDAQ Listing Rule 5550, subsectio...

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EA executives Andrew Wilson, Stephen Bene unload stocks

Two of Electronic Arts' top-level executives have collectively unloaded a total of 57,085 stocks, following a general increase in EA's stock value after this week's Star Wars exclusivity announcement. According to SEC forms filed yesterday, EA Sports executive vice president Andrew Wilson has sold ...

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Analyst: Black Ops 2 sales a 'cause for concern,' downgrades Activision

Sales of Call of Duty: Black Ops 2 are on a trend to be down 15 percent from last year's launch of Modern Warfare 3, financial analyst Arvind Bhatia of Sterne Agee posits. Modern Warfare 3 sales were down 5 percent from the previous year's Black Ops, and if this scenario plays out again Bhatia call...

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British Telecom says it's 'highly likely' to write off OnLive stake

British Telecom has reported that it is "highly likely" to simply write off the 2.6 percent stake it invested in the recently rebooted cloud computing service, OnLive. The issue isn't yet settled, but a BT spokesperson told TechRadar that "the 2.6 percent shareholding in OnLive does not represent a...

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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 e...

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