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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,...

January 18th 2014 at 4:30pm 0 Comments
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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...

August 30th 2013 at 4:45pm 0 Comments
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Frontier Developments, known around these parts as the studio behind crowdfunding success story Elite: Dangerous, is about to enter a different brave new world: that of the London Stock Exchange. The company is set to launch its IPO on July 15th with around £4 million ($5.9 million) in shares...

July 10th 2013 at 6:00pm 0 Comments
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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 tran...

June 8th 2012 at 8:30am 0 Comments
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Facebook went public yesterday, and its unexpectedly less-than-stellar performance on the trading floor has had powerful ramifications for its social soul sister Zynga, which finished the day's trading at a record low of $7.16 a share.It's possible that Facebook's unimpressive IPO, closing out Frid...

May 19th 2012 at 1:30pm 0 Comments
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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 unload...

March 31st 2012 at 8:00pm 0 Comments
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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 co...

February 2nd 2012 at 5:30pm 0 Comments
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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 [US]...

January 19th 2012 at 2:30pm 0 Comments
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Finnish school for agitated ornithological research mobile mogul Rovio may be looking to capitalize on its world-wide brand recognition and ridiculous, un-ending revenue stream by listing its stock on the Hong Kong Stock Exchange in 2013, assuming the world still exists in 2013, that is. The fin...

December 17th 2011 at 4:30pm 0 Comments
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Want to own a piece of your favorite MMO studio? If you're a fan of Trion Worlds, then you may yet get your chance. The company announced that it is mulling over a decision to put the company on the market with an IPO. CEO Lars Buttler says that it's just a matter of time at this point: "As we b...

October 25th 2011 at 12:00pm 0 Comments
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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 ¥12,...

September 13th 2011 at 11:38am 0 Comments
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Zynga today announced the launch of its new, sure-to-be-massive 'Ville social game, in which players from disparate backgrounds will be able to log on, buy a portion of a company through microtransactions and watch their profits grow! This new venture differs from other Zynga hits like FarmVille...

July 1st 2011 at 12:37pm 0 Comments