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Capcom's Q2 financial results remain gloomy, with net sales down by 51.3 percent and operating income down by 41.6 percent over the same period in 2013. This marks the second consecutive quarter in which the Street Fighter publisher posted declining sales. The culprit, Capcom believes, is a lack o...

October 29th 2014 at 10:00pm 0 Comments
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By all accounts, Twitter's doing what it's supposed to: coaxing more people into using its high-speed social snark service... just maybe not as fast as some would like. According to Twitter's third quarter financials -- in which the company met or exceeded most milestones Wall Street types were ho...

October 27th 2014 at 5:02pm 0 Comments
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Activist shareholder and invstor Carl Icahn is back at work poking at Apple, this time in a letter to Tim Cook published on the Shareholders' Square Table website. The short version? "Dear Tim, Remember all of those shares of Apple stock I bought? Speed up your stock repurchase plan by buying them...

October 9th 2014 at 12:00pm 0 Comments
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Funcom has released its second-quarter financial results for the year, and it's not a glowing success story. Revenue dropped roughly $600,000 compared to Q1, a drop attributed to weaker in-game item sales over the quarter. Despite this, the report indicates that the company remains on-track as a...

August 28th 2014 at 3:00pm 0 Comments
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While Twitter and Facebook are enjoying returns from their native advertising platforms, it's still not easy to tell if a tweet or status update is actually a company trying to sell you something. It's a practice that the UK's Financial Conduct Authority (FCA) has become increasingly aware of, so...

August 6th 2014 at 10:31am 0 Comments
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Apple today announced its financial results for the third quarter of fiscal year 2014. Speaking to CNBC, Apple CEO Tim Cook said he "couldn't be happier" with the results, adding that "this is the best execution of any quarter since I've been at Apple." Apple posted quarterly revenue of $37.4 bil...

July 22nd 2014 at 4:34pm 0 Comments
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The walls may be starting to close in on Samsung bit by bit. Not too long after the company announced that profits declined by 24% during the past quarter comes a research report from Counterpoint which found that the eight-month-old iPhone 5s sold more units in May than the recently released Sams...

July 17th 2014 at 11:00am 0 Comments
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There's a growing undercurrent of tension between the US and China because both countries think the other is trying to hack them. They're both probably right, but China seems to be taking some concrete fiscal steps to make its displeasure known. According to a new report from Bloomberg (and the us...

May 27th 2014 at 12:38pm 0 Comments
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Funcom's website has published news of a move that gives the firm $1.6 million of additional equity as it prepares to launch LEGO Minifigures Online. In May of 2012, Funcom reached an agreement with US fund manager Yorkville Advisors and is now partially exercising the resulting option. "We are ve...

April 25th 2014 at 11:00am 0 Comments
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AAPL investors take note: Today is the company's payday for AAPL shareholders. By the close of market today, Apple will pay shareholders of record its quarterly dividend of US$3.05 per share. Shareholders must have held the stock no later than Wednesday, November 11 to get this quarter's dividend....

November 14th 2013 at 12:30pm 0 Comments
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Apple fourth-quarter earnings for the fiscal year ending September 30, 2013, have just been announced. Earnings per share are reported as US$8.26, while the Wall Street estimate was $7.92 per share. Other highlights: iPad sales: 14.1 million iPhone sales: 33.8 million Mac sales: 4.6 million iP...

October 28th 2013 at 4:36pm 0 Comments