-
If You Invested $1,000 In Activision When It Acquired Blizzard, Here's How Much You'd Have Now
Thursday, January 27, 2022 - 4:46pm | 509One of the big headlines last week was the acquisition of Activision Blizzard, Inc. (NASDAQ: ATVI) by Microsoft Corporation (NASDAQ: MSFT). The deal marks the largest in Microsoft’s history and will create the third-largest video game company by revenue if approved. Investors who bet on...
-
Bill Ackman Facing New Lawsuit After Failed SPAC Deal
Tuesday, August 17, 2021 - 11:44am | 463Billionaire hedge fund manager Bill Ackman will be headed to court after a new lawsuit was filed on Tuesday related to his special purpose acquisition company (SPAC). What Happened? The New York Times reported that former SEC commissioner Robert Jackson and Yale Law School professor John...
-
Deutsche Bank Holds Spotify, But Names 4 Ways It Could Turn Bullish On The Streaming Service
Thursday, June 14, 2018 - 10:11am | 377Is streaming music provider Spotify Technology (NYSE: SPOT) the next Netflix, Inc. (NASDAQ: NFLX)? The answer is no — for now, according to Deutsche Bank. The Analyst Analyst Lloyd Walmsley initiated coverage of Spotify with a Hold rating and $155 price target. The Thesis...
-
Watch These 4 Streaming Music Stocks
Monday, June 13, 2016 - 11:36am | 355Streaming music appears to represent the future of how individuals listen to their favorite artists. It is safe for investors to assume that streaming music is here to stay, but the question remains: Which companies will be profitable and offer shareholders superior returns and which ones will fade...
-
Gameloft Climbs After Vivendi's Hostile Bid
Friday, February 19, 2016 - 3:10pm | 494Shares of Gameloft.com (OTC: GLOFY) have surged after French media conglomerate Vivendi launched a hostile takeover bid valuing the video game maker at €513 million (about $570 million). But, Vivendi needs to shell out more to make shareholders tender their shares. Vivendi, which holds 30 percent...
-
Buy Sirius Through Liberty Media, Says Buckingham
Saturday, October 3, 2015 - 9:40am | 423In a report issued Friday, Buckingham Research analyst James Ratcliffe reiterated a Buy rating on Liberty Media Corp (NASDAQ: LMCA), setting a $48 price target based on a NAV valuation. The expert assured that investing in Liberty Media is the best way to get exposure to Sirius XM Holdings Inc. (...
-
Barclays On Activision Blizzard: 'There's A Hero Buried In The FX Storm'
Friday, February 6, 2015 - 1:45pm | 374Activision Blizzard, Inc. (NASDAQ: ATVI) reported solid fourth-quarter results on Thursday, in line with estimates on the revenue front, and slightly ahead on EPS. However, the guidance for 2015 was relatively weak, both on revenue and EPS. A report issued by Barclays on Friday attributed the...
-
Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
-
SLIDESHOW: iPad Mini 2 Delay, Leaked iPad 5 Video And More From The First Week Of October
Saturday, October 5, 2013 - 10:47am | 209Apple (NASDAQ: AAPL) may have had a good week or a bad week, depending on the rumors investors choose to believe. One rumor claimed that the company either delayed the iPad Mini 2 or that device quantities will be very limited when the unit ships. Another rumor showed the potential of a...
-
Activision Seeks Independence From Vivendi In $8.17 Billion Buyout
Tuesday, October 1, 2013 - 11:17am | 480Activision Blizzard (NASDAQ: ATVI), the company behind Call of Duty, Skylanders and the ill-fated Guitar Hero franchise, is seeking independence from Vivendi (OTC: VIVHY). The company had hoped to buy back roughly 429 million shares -- worth $5.83 billion -- from Vivendi earlier this year....
-
Activision Could be a "Natural" Buy for Microsoft
Friday, April 5, 2013 - 4:08pm | 391Less than one year ago, Vivendi explored the possibility of selling Activision (NASDAQ: ATVI). The French conglomerate ultimately decided to hold onto its 62 percent stake in the Call of Duty maker. As Vivendi sells off other assets, however, there is always the possibility that it may one day...
-
Barron's Recap (12/22/12): Betting on Europe in 2013
Saturday, December 22, 2012 - 2:24pm | 879This weekend in Barron's online: the outlook for European stocks in 2013, the prospects for PNC Financial Services and Central Garden & Pet, uncovering the hidden potential for higher corporate earnings, and a fresh look at Washington, D.C. Cover Story "Europe on Sale" by Jonathan Buck....
-
Vivendi Finding Scant Interest While Shopping Activision Stake
Friday, July 13, 2012 - 1:38pm | 474Vivendi SA is currently trying to find a buyer for its $8.1 billion stake in Activision Blizzard (NASDAQ: ATVI). Interest is lukewarm, according to Bloomberg. The company's Chairman, Jean-Rene Fourtou said in an interview at the Allen & Co. media conference being held in Sun Valley, Idaho that...
-
Why Most Investors Should Support SOPA
Wednesday, January 18, 2012 - 1:47pm | 1594To date, the Internet has been nearly unanimous in its disapproval of the proposed Stop Online Piracy Act, or SOPA, which is currently snaking its way through the US House of Representatives. The bill, coupled with the PROTECT IP Act, has been touted at as an effective way to protect digital...
-
Mario Gabelli Sees Cellular Co.- Millicom International, as a Potential Buyout Candidate
Tuesday, January 19, 2010 - 7:01pm | 234Mario Gabelli picks emerging market cellular company Millicom International Cellular (Nasdaq: MICC) in the annual Barron’s Roundtable 2010. “It is a cheap company that participates in the growth of emerging markets. It has about 29 million wireless customers in Central America, South America and...