Tag Archives: shares

Nikkei plummets as markets re-open

The Bank of Japan has pledged to pump in the region of 100bn into the Japanese economy as the nation wakes up to stock market instability in the aftermath of the devastating earthquake that hit the region last week. Upon closing the value of the Nikkei was down 6.18 per …

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Take-Two shares hit two year high

Shares in US publisher Take-Two have reached their highest point for 29 months in the wake of solid quarterly results and rumours of a possible acquisition. At the close of play last night Take-Two shares hit the $16 mark. At the end of January that price stood at just $12.48. …

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HMV shares tumble over credit concerns

Shares in HMV Group have dipped 8.5 per cent after it emerged insurance on its goods have been cut. A big UK distributor admitted its sales to HMV are now uninsured, reports the BBC. The reason behind this was not revealed. In a statement HMV said: Credit insurers are reviewing …

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EA backs Medal of Honor to prosper

Publisher EA says that Medal of Honor’s battle to make a name for itself in the already crowded shooter category is a marathon not a sprint” as the game gets off to a less than ideal start ahead of its release on Friday. Gamasutra reports that shares in the company …

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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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EA sells stake in Ubisoft

Bloomberg is reporting that American publishing giant EA has sold its 15 per cent stake in rival company Ubisoft, ending a sometimes uncomfortable business partnership that has lasted almost five years. The deal should make EA, who was until this point Ubisoft’s largest shareholder, in the region of $122m. As …

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Apple overtakes Microsoft in tech race

Today marked a significant moment in the evolution of the consumer technology industry, as Apple overtook Microsoft as the world’s largest tech company. Fluctuations in share price value mean that Apple is now valued at $222 billion, while Microsoft is today worth $219 billion. However, as reported by the BBC, …

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Icahn increases Take-Two stake

Having moved to acquire just over 12 per cent of publisher Take-Two in January, American billionaire Carl Icahn has increased his stake in the firm. The entrepreneur snapped up a further 700k+ shares overnight, taking his total stake to 13.7 per cent. Icahn’s grip on Take-Two was demonstrated earlier in …

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Ichan snaps up more Take-Two shares

Talk of an imminent buyout of Rockstar owner Take-Two has gained more weight with news that American billionaire Carl Icahn has purchased over a million additional shares in the publisher over the past three days. The new purchases mean he currently owns just over 12 per cent of the company. …

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Google founders to sell up

The two men who set up internet and cloud computing giant Google are reportedly looking to sell their controlling stake in the tech behemoth, netting themselves around 3.4bn in the process. The BBC reports that Larry Page and Sergey Brin are preparing to sell 10m of their shares over the …

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