New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For ATVI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 24, 2014
08:12 EDTATVIActivision Blizzard model may lead to margin expansion, says Brean Capital
Subscribe for More Information
November 21, 2014
07:37 EDTATVIActivision Blizzard Q4 likely tracking ahead of guidance, says Pacific Crest
Subscribe for More Information
November 20, 2014
11:04 EDTATVIActivision game sales make Q4 estimates look conservative, says Piper Jaffray
Subscribe for More Information
November 19, 2014
17:05 EDTATVIActivision Blizzard's World of Warcraft game surpasses 10M subscribers
Subscribe for More Information
16:42 EDTATVIActivision Blizzard to receive $275M in settlement
Activision Blizzard (ATVI) announced that an agreement has been reached to settle the consolidated derivative and class action shareholder case stemming from the October 2013 purchase by the company and an investor group of 88% of Vivendi SA’s (VIVHY) shares in the company. The settlement is subject to completion of appropriate documentation and approval by the Delaware Chancery Court. Multiple insurance companies, along with various defendants, will pay Activision Blizzard $275M. The company believes the settlement, which acknowledges no wrongdoing by any party, is in the interest of all stakeholders. The board stated: “The transaction, structured through the efforts and significant personal investment of Bobby Kotick and Brian Kelly, has contributed to the creation of over $3B of value for shareholders. We are pleased to be able to put this matter to rest.” Other terms of the settlement include the addition of two unaffiliated company directors, payment of reasonable and customary fees and costs of plaintiff’s attorneys by the Company, an adjustment of voting rights and a global release of all claims against the defendants. The October 2013 transaction was approved by Vivendi SA and the company’s board following a recommendation of a Special Committee of independent directors formed by the board to negotiate the transaction on behalf of the company.
November 14, 2014
09:05 EDTATVINPD says U.S. video game sales down 27% in October, Bloomberg reports
U.S. retail sales of video-game hardware and software in October were nearly flat compared to the same month of last year at $790.7M, according to NPD Group, which noted that game sales fell 27% and hardware sales increased 59%, reported Bloomberg. Publicly traded companies in the space include Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO). Game console makers include Microsoft (MSFT), Sony (SNE) and Nintendo (NTDOY). Reference Link
05:52 EDTATVIOctober NPD video game software sales fell 27%, says Piper Jaffray
Subscribe for More Information

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