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The hits keep coming for Zynga, and we aren't talking about blockbuster game launches. The latest is from a Bloomberg source, who says Zynga gave out equity grants to all full-time employees in late July to prevent an exodus, following the tides of fortune turning. Bloomberg reports although the co...

2 years ago 0 Comments
August 10, 2012 at 10:30AM
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It might not pack the same thrill as the rumors of in-feed video, but Twitter has added clickable stock symbols on tweets. This now throws up search results for both the stock and the company, using a new 'cash' tag, like $FB, to differentiate from typical links and tags. As noted by TNW, it's bad...

2 years ago 0 Comments
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THQ received notification from stock exchange NASDAQ that the company is back in compliance, having maintained a closing stock price of over $1 for 10 consecutive business days. The publisher accomplished the feat through a 10-to-one reverse stock split, consolidating THQ's 70 million shares to 7 m...

2 years ago 0 Comments
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Bloomberg reports that Vivendi is looking to sell its 61 percent holding in Activision Blizzard, according to "a person with knowledge of the situation." If they are unable to find a purchaser for the entire $8.1 billion stake, they will attempt to sell part of it on the open market. Again, th...

2 years ago 0 Comments
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Nexon is now a minority shareholder in MMO publisher NCsoft, having purchased 3.218 million shares of the company from NCsoft chairman/cofounder Taek Jin Kim to the tune of ₩804.5 billion ($685.43 millon) – 14.7 percent of total stock. This makes Nexon the largest shareholder in NCsoft, accord...

2 years ago 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 tr...

2 years ago 0 Comments
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Apple stock is attractive to a wide variety of investors, including those who put their money in hedge funds. According to a Market Folly report, Goldman Sachs released its Q1 2012 Hedge Fund Trend Monitor report and placed Apple's stock at the top of its list. Apple appears on 106 funds th...

2 years ago 0 Comments
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Since 2010, Target has happily hawked Amazon's e-reading wares. The retailer even carved out a branded corner of its online shop just for the Kindle. Now though, that store within a store is empty and conspicuously missing from Target's virtual shelves is Amazon's entire Kindle line. Sure, a few a...

3 years ago 0 Comments
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When it comes to stocks, Apple is an influencer and any changes in its stock price will affect US stock indexes. That's what happened on Monday when the Dow Jones Industrial Average surged and the NASDAQ and S&P fell because of Apple, says a report in Forbes. The NASDAQ and S&P both inclu...

3 years ago 0 Comments
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Not all mobile news is destined for the front page, but if you're like us and really want to know what's going on, then you've come to the right place. This past week, we've seen clues to suggest the Galaxy Nexus will arrive at Sprint in a matter of days, and leaked materials suggest Rogers will ha...

3 years ago 0 Comments
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Welcome to our liveblog of the Apple financial call discussing the company's cash position. As announced in the 8:30 am press release, Apple plans to issue a dividend and initiate a stock buyback program....

3 years ago 0 Comments
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A statement by Apple this morning has confirmed the company will start paying dividends to investors and buy back US $10 billion in shares starting this year. Subject to declaration by the Board of Directors, the Company plans to initiate a quarterly dividend of $2.65 per share sometime in t...

3 years ago 0 Comments
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Apple's stock soared on Wednesday and now it is poised to cross the US$600 mark. As noted by CNN Money, the stock hit $600 once and has fallen back down to $598 at the writing of this post. As The Wall Street Journal points out it took Apple 34 trading days to jump from $400 to $500 and a mere 23 ...

3 years ago 0 Comments
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If you haven't noticed, Apple's stock was soaring today. It closed at US$589.58, another all-time high, and is up +21.48 for the day. As financial analysts pour over these numbers, they are discovering some amazing trivia about this off-the-charts growth. Morgan Stanley's Katy Huberty may have kic...

3 years ago 0 Comments