For failing to keep their share price above $1 for 30 consecutive days, video game publisher THQ is facing down a possible de-listing from the Nasdaq electronic stock exchange. Trading consistently below $1 since early this past December, THQ has been given 180 days to restore its stock value. Should the company be unable to […]
A stronger yen and competition from smart phones were the reasons given by Nintendo for its projection of its first annual loss in over three decades. For the fiscal year ending in March, the Big N has expanded its expected loss from ¥20 billion (approx. $260 million) to ¥65 billion (approx. $838 million0. Slashing its […]
Japanese publisher Konami recently announced its intent to acquire outright the folks and IP of Hudson Soft, reportedly for its knowledge of social and mobile gaming, a field in which the publisher is just now taking major steps into. The developer, perhaps most famous for creating Bomberman, is already partially owned by the publisher – […]
While a full acquisition of the French developer Ubisoft never fully manifested for Electronic Arts, its purchase and gradual increases in stock for the company has been a major source of revenue for the team. However, according to a report filed by Bloomberg, the mega-publisher has since decided to sell off its 15% share in […]