New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 21, 2014
16:17 EDTATVI, VIVHYActivision Blizzard announces sale of 41.5M shares of common by Vivendi
Activision Blizzard (ATVI) announced a public offering of 41,499,689 shares of its common stock by Vivendi S.A (VIVHY). The offering and sale of shares owned by Vivendi S.A. are being made in accordance with the agreements entered into in connection with the transactions previously announced on July 25, 2013. The offering is expected to close and settle on May 28. The company will not receive any of the proceeds from the offering of shares by the selling stockholder. The last reported sale price of the companyís common stock on May 20 was $20.83 per share. Barclays and Credit Suisse are acting as joint bookrunning managers and underwriters for the offering.
News For ATVI;VIVHY From The Last 14 Days
Check below for free stories on ATVI;VIVHY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 31, 2014
13:58 EDTATVIBrean Capital to hold a conference
Subscribe for More Information
August 29, 2014
12:00 EDTATVITake-Two rises after speculated as potential Activision target
Shares of video game maker Take-Two (TTWO) are rising after an analyst speculated that it could be acquired by another company in the space, Actvision Blizzard (ATVI). WHAT'S NEW: Dan Houser. the co-founder of key Take-Two division Rockstar Games, appears to be quite fond of Hollywood and Los Angeles, as many of Rockstar's games involve that genre, Benchmark analyst Mike Hickey wrote in a note to investors today. Additionally, there is speculation that Take-Two Interactive could be considering a movie based on Rockstar's hit Grand Theft Auto game, according to the analyst, who adds that Rockstar would control the development of the movie. Activision is based near Los Angeles and it may be in the process of entering the movie business, according to Hickey. Activision's possible foray into movies could stem partly from the larger company being interested in Take-Two, Hickey contended. Such an acquisition would be a "no-brainer" for Activision, given Take-Two's strong development talent and intellectual property, along with its nearly $1B in cash and attractive valuation, the analyst stated. He kept Buy ratings on both stocks. PRICE ACTION: In late morning trading, Take-Two rallied 4% to $23.39 and Activision advanced 0.4% to $23.44.
11:29 EDTATVITake-Two calls active, could be Activision takeover target, says Benchmark Co.
Subscribe for More Information
11:21 EDTATVITake-Two could be Activision takeover target, says Benchmark Co.
Subscribe for More Information
08:04 EDTVIVHYTelefonica sees closing deal for GVT by mid-2015
Subscribe for More Information
August 28, 2014
15:13 EDTVIVHYTelecom Italia says proceeding with Brazil plans after Vivendi decision
Telecom Italia (TI) noted the decision by the Supervisory Board of Vivendi (VIVHY) to enter into exclusive negotiations with Telefonica (TEF) in relation to the sale of GVT. "From the start Telecom Italia has made it clear that it would take a disciplined approach to its strategy in Brazil, in order to maximize the value for all its shareholders. The company continues to pursue its development and investment plans in the country in line with the Groupís 2014-2016 Business Plan, leveraging on TIM Brasilís strong position in the market," Telecom Italia stated.
09:09 EDTVIVHYVivendi confirms exclusive talks with Telefonica to acquire GVT
Vivendi (VIVHY), as previously disclosed, received binding offers from Telefonica (TEF) on August 4 and 28 and Telecom Italia (TI) on August 28 to acquire GVT. "In the light of the Groupís strategy and in the best interests of its shareholders, the Supervisory Board decided to enter into exclusive negotiations with Telefonica while emphasizing the relevance and quality of the Telecom Italia offer. The divestment from GVT would allow selling the last telecom company wholly-owned by Vivendi after the disposals of Maroc Telecom and SFR. Telefonicaís offer is considered particularly attractive, generating a capital gain of more than EUR 3B. The other conditions of the offer, limiting to a strict minimum the risk of executing the operation as well as Vivendiís commitments after the sale, are totally in line with Vivendiís objectives. The agreement between Telefonica and Vivendi would allow the development of joint projects in ​​content and media. In addition, if it so wish, Vivendi could become a shareholder in Telecom Italia by exchanging its Brazilian shares for Italian ones. The Telefonica offer best meets the Groupís strategic and financial objectives," Vivendi stated.
09:07 EDTVIVHYVivendi reports 1H earnings in line with expectations
Subscribe for More Information
06:23 EDTVIVHYTelefonica submits new offer for Vivendi GVT unit
Subscribe for More Information
06:10 EDTVIVHYTelecom Italia revises offer for Vivendi's GVT to EUR7B
Subscribe for More Information
August 27, 2014
09:38 EDTVIVHYTelefonica to contemplate improving GVT offer, WSJ says
Subscribe for More Information
August 26, 2014
15:52 EDTVIVHYTelecom Italia to offer Vivendi $9.2B for GVT unit, Reuters says
Subscribe for More Information
06:36 EDTVIVHYTelefonica board mulls increasing GVT offer, Bloomberg says
Telefonica's (TEF) board is aiming to talk about increasing its bid for Vivendi's (VIVHY) GVT division, and could potentially value the business at nearly $10.6B, according to Bloomberg, citing a person with knowledge of the matter. The source noted that the raised offer might be presented prior to Vivendi's upcoming board meeting in two days and before Telecom Italia (TI) finalizes a competitive bid. Reference Link
August 22, 2014
11:59 EDTATVIGameStop surges after Q2 EPS, revenue beat expectations
Subscribe for More Information
August 20, 2014
08:42 EDTATVIActivision Blizzard price target raised to $30 from $24 at Argus
Subscribe for More Information
August 19, 2014
06:26 EDTVIVHYTelecom Italia board plans meeting to discuss GVT bid, Reuters says
Telecom Italia (TI) is poised to have a board meeting sometime next week to talk about making a takeover bid for Vivendi's (VIVHY) GVT division, according to Reuters, citing a source close to the matter. The source said, "Certainly nothing will happen this week," but explained that the meeting was likely to occur on August 27. Reference Link
August 18, 2014
13:32 EDTVIVHYTelefonica adds content deal in bid for Vivendi GVT unit, Reuters says
Telefonica (TEF) has added to its bid for Vivendi's (VIVHY) Brazilian broadband telecoms business, GVT, by offering Vivendi a television content-sharing deal, says Reuters. The content-sharing deal offered by Telefonica brings its total offer to approximately $9.4B which is in-line with what Telecom Italia (TI) may counter bid for GVT, added Reuters. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use