Tag Archive 'shares'

Dec 15 2008

Time Warner buys 10 million Eidos shares, holds 20% of stock

Published by Chris Comeau under News

From joystiq.com (via reuters.com):
Time Warner Entertainment has stepped out from the cacophonous acquisition noise surrounding Eidos by purchasing 10 million shares in the company. Reuters reports that Warner now holds about 20% of Eidos’ stock.
Rumors regarding Time Warner’s intent to purchase the struggling publisher have been swirling for months with everyone from EA [...]

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Dec 15 2008

EA Shares Drop on Outlook; Game Price Cuts Next?

Published by Chris Comeau under News

From gamedaily.com:
Following the news that publisher Electronic Arts cut its outlook and is looking at laying off more staff in the near future, shares in the company fell more than 15 percent in early trading on Wednesday after opening at $16.84. As of press time, ERTS is at $16.35.
A number of analysts have [...]

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