Tag Archives: investors

Fight My Monster reaches 1m boys

Fight My Monster has become the UK’s fastest-growing online game for boys after reaching 1m players. The Moshi Monsters rival launched in 2011 and has gone on to achieve an average game session time of 40 minutes per player. The company claims this is almost twice as long as a …

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Investors predict stock surge as GAME shares climb

GAME’s share price has begun to rise dramatically with investors sensing a strong recovery over the next 24 hours. Stock is currently trading at 3.20p, an increase of over 50 per cent. It even reached as high as 3.7p in the minutes after the markets opened. Earlier this week the …

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Hilco and OpCapita linked to GAME acquisition

As stated by MCV yesterday, the widespread belief that GameStop will swoop to acquire part or all of GAME could yet prove wide of the mark. Although GameStop can still confidently be regarded as the front-runner, The Financial Times has named two other would-be suitors – Hilco and OpCapita. Hilco …

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Lack of digital chart is "turning off investors"

Potential video game investors are being put off by the lack of digital data, say industry experts. The UK games industry’s Digital Group – which is supported by UKIE – says it’ll be easier to persuade financial giants to invest in games if they could see the size of the …

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Iwata apologises for Nintendo’s poor financials

Nintendo president Satoru Iwata has apologised to investors for the poor financials posted by the company yesterday. It reported a loss of 578m for the six months ending September 30th. I feel greatly accountable for missing our financial forecast for the half year ended September and revising downward our forecast …

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Nintendo appeals to share holders

When pressed about the long-term prospects of Nintendo at a briefing with investors, Nintendo president Saturo Iwata has outlined how he believes the company will ride the turbulence created by falling sales of the WIi and DS. Last month Nintendo reported a 42 per cent year-on-year drop in income for …

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Pressure mounts on Riccitiello

John Riccitiello’s job at the helm of global games publisher could be under threat if the latest talk from US market analysts is to be believed. Earlier this week EA was forced to cut its financial forecasts for the second year in succession, leading investors to question the strategy being …

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