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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 pro...

3 years ago 0 Comments
December 14, 2011 at 11:00AM
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The famously hacked Sony has a sympathetic shoulder this week, as Nexon recently discovered a massive breach that's exposed over 13 million MapleStory player accounts to cyber ne'er-do-wells. Discovered this past Thursday, the breach was solely limited to South Korea, as Nexon hosts separate coun...

3 years ago 0 Comments
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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) f...

3 years ago 0 Comments
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Though E3 attendees may be crazy for it, investors are continuing to express their displeasure with the Wii U. Nintendo's stock lost another five percent after a similar fall on Tuesday, the first day after the new hardware was announced at E3. At the time of this writing, the stock is down to 16...

4 years ago 0 Comments
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While our feelings were ... oh, let's be nice and say "mixed" on Nintendo's just-announced Wii U traders on the Tokyo Stock Exchange were pretty much clear about their distaste. Nintendo stock closed down five percent yesterday after the company's E3 keynote, settling at 16,970 yen ($212.44) -- a...

4 years ago 0 Comments
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A UBS trader's infatuation with the zero key almost led to a $31 billion order -- allegedly the largest in Tokyo Stock Exchange history -- for convertible bonds in Capcom. Reuters reports that, thankfully, the error was caught before any real financial harm occurred. The trader only meant to place ...

6 years ago 0 Comments
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Despite reporting on it back in 2007 and reading the Wikipedia entry so many times, we're still foggy on what market capitalization is -- we think it's basically how many shares of stock are in the public, multiplied by the cost of one share. We have an impressionistic idea of what it means, though:...

6 years ago 0 Comments
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Despite revealing a new DS iteration -- the first since February 2006 -- Nintendo's shares on the Tokyo Stock Exchange dropped 3.7 percent to 39,500 yen on the Tokyo Stock Exchange. Bloomberg notes that the stock has dropped 41 percent overall n 2008, compared to the past two years where it doubled...

6 years ago 0 Comments