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Stock Market & Financial Investment News

News Breaks
November 16, 2012
08:05 EDTATVIActivision says Call Of Duty: Black Ops II sales over $500M in first 24 hours
Activision Publishing, a wholly owned subsidiary of Activision Blizzard, announced Call of Duty: Black Ops II has achieved an estimated sell-through of more than $500M worldwide in the first 24 hours of its release, according to Chart-Track, retail customer sell-through information and internal company estimates. The company said "With first day sales of over half a billion dollars worldwide, we believe Call of Duty is the biggest entertainment launch of the year for the fourth year in a row...Given the challenged macro-economic environment, we remain cautious about the balance of 2012 and 2013."
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July 18, 2014
07:22 EDTATVITotal June video game sales up 24%, spending on games down 3%, VentureBeat says
Sales of physical video game products, including consoles, games and accessories, rose 24% from the same month of last year to $736.4M in the U.S. in June, reported VentureBeat, citing NPD Group data. Spending on games slid 3% year-over-year to $286.8M, the report noted, with NPD stating that sales of launch titles this June "did not compare favorably" to those launched in 2013. The report also noted that PS4 again outsold Xbox One in the month. Publicly traded companies in the video game space include Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME), Take-Two (TTWO), Sony (SNE) and Microsoft (MSFT). Reference Link
06:38 EDTATVIJune NPD video game software sales fell 3%, says Piper Jaffray
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06:06 EDTATVIXbox Live, PlayStation Network users report connectivity issues, Re/code says
Xbox Live (MSFT) and PlayStation Network (SNE) users yesterday reported problems with connecting to their online services, Re/code reports. The connectivity issues could be connected to the start of a beta period for the upcoming Bungie-Activision (ATVI) game Destiny, the publication says. Reference Link
July 16, 2014
11:47 EDTATVIVivendi almost fired Activision CEO over buyout, Bloomberg says
Activision Blizzard (ATVI) CEO Robert Kotick was nearly fired after he demanded that he head a group helping to buy out most of Vivendi's (VIVHY) share in the video-game firm he led, according Bloomberg citing court filings. Reference Link

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