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Stock Market & Financial Investment News

News Breaks
November 27, 2012
07:46 EDTPWRDPerfect World margins have likely bottomed, says Piper Jaffray
Piper Jaffray believes Perfect World has a strong game pipeline despite the company's disappointing Q4 guidance. Piper thinks Perfect World's margins have likely bottomed and maintains an Overweight rating on the name with a reduced price target of $17.
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October 28, 2014
07:16 EDTPWRDPerfect World restructuring R&D teams
Perfect World is restructuring its R&D teams, and has formed five new subsidiaries. The structure of forming majority-owned new subsidiaries is aimed to help attract and motivate top talent by granting them direct stake in the subsidiaries under the new incentive scheme. Perfect World will support these subsidiaries with the company's proprietary technology, graphic design, integrated platform, distribution channels and other resources.

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