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Posts tagged stocks

Activision Blizzard files an emergency appeal for buyback rights

It seems that Activision Blizzard just can't wait to get free of Vivendi. Not that the company is eager, but it literally cannot wait. The publisher had planned to essentially buy itself from its parent company, but following objections raised by a stockholder, the deal was put on hold by court...

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WoW looks to the future as Blizzard stocks surge

Blizzard might be weathering the sting of a 600,000 subscriber loss in World of Warcraft this quarter, but the studio's separation from Vivendi could be the salve to soothe the hurt. Following the news that Activision Blizzard is buying back shares to take away Vivendi's controlling stake, stocks...

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Nexon invests $687M in NCsoft, becomes largest shareholder

MMO competitors and countrymen-in-arms Nexon and NCsoft are closer than ever today, as Nexon has acquired a minority interest in its fellow company. The move makes Nexon NCsoft's largest shareholder. Nexon announced that it had invested in NCsoft by snapping up 3,218,091 shares in a private...

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Funcom stock price could 'double or triple' depending on success of The Secret World

Funcom has a lot riding on The Secret World, and a new piece at MCV outlines stock prospects for the company as the horror-conspiracy MMORPG's June 19th launch date draws nearer. Funcom stock has risen dramatically on the Norwegian Stock Exchange since last summer, and analysts expect further...

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Subscriber numbers lead to a new hope for Electronic Arts stock

It's official: As of yesterday, Star Wars: The Old Republic has 1.7 million active subscribers and has sold 2 million copies. That's good news for fans of the game, but it's also good news for both BioWare and Electronic Arts. Apparently, it's seen as very good news for Electronic Arts, as the...

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Electronic Arts stock drops because of SWTOR fumbles

Electronic Arts' stock appears to be in a bit of trouble following Star Wars: The Old Republic's launch. The company's shares fell by almost 3% to $17.75 US this morning after a stock analyst working with Brean Murray Carret & Co. "cut his price target on the stock to $22 [US] from $28...

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Nexon raises $1.17 billion from IPO, stock subsequently drops

Korean online gaming giant Nexon has raised $1.17 billion from its initial public stock offering. The filing stated that Nexon has 1.2 billion registered players, 77 million of which were active as recently as September 2011. CFO Owen Mahoney says the company's expertise made it an attractive...

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Nexon's Japanese IPO aims at raising $1.3 billion

When Nexon is finally added to the Tokyo Stock Exchange in December, the company has to be planning a massive "We're in the money!" song-and-dance to celebrate. TechCrunch reports that this will be the biggest IPO in Japan in 2011, with a corporate goal of raising $1.3 billion (100 billion yen)...

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Trion CEO introduces MMO investing to Bloomberg TV

Have you ever wondered where to invest your savings for the future? Have you thought about the MMO market? Apparently, multimedia companies like Time Warner, NBC Universal, and Bertelsmann believe it is worth their money. These three media giants have invested over $100 million into Trion Worlds,...

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Game publishers bloody but unbowed after stock ruckus

Nobody but the most sunless and fungal of stock stereotype MMO-playing basement dwellers could fail to be aware of the recent events in the markets. Reports have been filtering through the various industry sites of how game publishers have fared. The stand-out news is Activision Blizzard's...

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