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Stock Market & Financial Investment News

News Breaks
January 17, 2014
12:38 EDTATVIActivision says Call of Duty: Ghosts best-selling game overall in December
Activision Publishing, a wholly owned subsidiary of Activision Blizzard, announced that Call of Duty and Skylanders continue to top U.S. NPD charts for 2013. "Call of Duty: Ghosts" was the number one best-selling title overall in December, and the number one best-selling next gen title of 2013 on both Xbox One and PlayStation 4; Call of Duty was the number one franchise for the fifth year in a row in both software units and dollars in the U.S., according to the NPD Group. Skylanders SWAP Force was the number two best-selling title overall in December; Skylanders was the number one best-selling kids video game franchise of 2013 in the U.S. for the second consecutive year, and the number three video game franchise overall for the year in the U.S., according to the NPD Group and including toys and accessories.
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August 31, 2014
13:58 EDTATVIBrean Capital to hold a conference
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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.
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11:21 EDTATVITake-Two could be Activision takeover target, says Benchmark Co.
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August 22, 2014
11:59 EDTATVIGameStop surges after Q2 EPS, revenue beat expectations
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August 20, 2014
08:42 EDTATVIActivision Blizzard price target raised to $30 from $24 at Argus
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