Posts tagged stocks 
THQ planning reverse stock split to avoid NASDAQ delisting
THQ filed plans with the SEC Friday for a June 29 stockholders meeting, where the company will propose a reverse stock split to avoid delisting from NASDAQ. In the filing, the company describes the need for the stock split to maintain the $1 per share minimum that NASDAQ requires for listing. THQ ...
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 ...
Zynga executives unloading 20 million shares in secondary offering
Zynga is prepping for its upcoming secondary stock offering, which will put 43 million shares of the company up for sale -- 20.2 million of which are "Class B" shares that currently belong to the high ranking Zynga executives. In descending order of shares being sold, cofounder Mark Pincus is ...
Zynga stock jumps after announcing a platform separate from Facebook
One of investors' main concerns when it comes to Zynga is the fact that it piggybacks on Facebook -- very successfully, mind you, but still, its entire multi-million dollar existence relies on a social networking platform that has a mind and billions of dollars of its own. Yesterday, when Zynga ...
Zynga stock falters, holds on first day of trading
Zynga stock finally roared out of the gate and on to the trading floor yesterday at $10 a share, but investors weren't hugely impressed with the social gaming company. The stock started up a dollar at $11, and then dropped back down two, and then thirty, and then fifty cents during the day, ...
Nintendo shares drop 5 percent following TGS showcase
It seems Japanese investors weren't too thrilled by the presentation Nintendo put together for last night's Tokyo Game Show press conference. Despite revealing a new Mario Tennis, another Monster Hunter title, a firmware update and a different 3DS color, Nintendo's share price dropped to ...
Zynga delaying stock IPO, due to 'rocky stock markets' and SEC questioning
Zynga was all revved up to release the initial public offering of its stock, but has had to delay that plan due to market instability and to answer questions from the SEC, according to The New York Post. The IPO was planned for next month, but the SEC is looking into how the social games ...
HTC investing $40M in OnLive for smartphone gaming
"Yes, OnLive works on cell phones, too," the company's enterprising CEO Steve Perlman assured us all ... fifteen months ago. Did you forget? 'Cause HTC sure didn't. The smartphone manufacturing giant has unannounced plans to buy 5.3 million OnLive shares at $7.50 each -- that's about a $40 million ...
Zynga estimated to be worth more than EA
We can't help but be kept awake at night, a constant state of worry hanging over our heads, wondering whether Zynga is financially surpassing the EAs and Activisions of the world. According to a Business Week report, it seems that Zynga recently did just that -- finally -- with SharesPost Inc. ...
Nintendo stock rises following 3DS announcement
You may have been a bit bewildered by Nintendo's out-of-nowhere announcement of a new DS a week before the North American launch of the DSi XL, but one group seems to have no issues with the timing or technology of the Nintendo 3DS: investors. Marketwatch reports that Nintendo stock rose 9.7 ...
Featured Stories
Report: Battlefield 3 'Premium' service costs $50 one time, includes 'all five themed expansion packs'
Posted on May 30th 2012 12:10PM
Doom 3 'BFG Edition' brings Hell to 360/PS3/PC 'this fall' with entire back catalog in tow
Posted on May 30th 2012 10:35AM