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TikTok Bidding War? Mnuchin, Kotick Emerge As Potential Buyers
Thursday, March 14, 2024 - 1:33pm | 924Read More...The stage could be becoming set for a bidding war for TikTok if legislation is passed in the U.S. requiring the social media platform’s Chinese owner, ByteDance, to sell the company. The House of Representatives on Wednesday voted in favor of a bill that would force ByteDance to either sell...
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EXCLUSIVE: Activision Blizzard's 'Focused Strategy Is Working,' Mobile Was Largest Segment In Q1 — And 'There's More On The Way'
Thursday, April 27, 2023 - 2:37pm | 1070Read More...Video game giant Activision Blizzard Inc (NASDAQ: ATVI) made lots of headlines Wednesday with shares falling in response to an announcement that its pending acquisition by Microsoft Corporation (NASDAQ: MSFT) was being blocked by regulators in the United Kingdom. As shares sold off Wednesday,...
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Why Activision Blizzard Stock Is Heating Up Today
Tuesday, February 7, 2023 - 9:14am | 384Read More...Activision Blizzard Inc (NASDAQ: ATVI) shares are trading higher Tuesday after the company reported better-than-expected financial results. What Happened: Activision reported fourth-quarter revenue of $3.57 billion, which beat average analyst estimates of $3.16 billion, according to ...
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Activision Blizzard Q4 Earnings Highlights: Net Bookings Record, Call Of Duty Performance, Microsoft Deal Update And More
Monday, February 6, 2023 - 4:39pm | 789Read More...Video game giant Activision Blizzard (NASDAQ: ATVI) reported fourth-quarter and full fiscal year financial results after the market close Monday. Here are the key highlights. What Happened: Activision Blizzard reported fourth-quarter GAAP net revenue of $2.33 billion, down from $2.16 billion year-...
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Microsoft's $69B Activision Deal Voted Down By FTC — But Video Game Firm's CEO Confident 'Deal Will Close'
Thursday, December 8, 2022 - 8:42pm | 475Read More...The U.S. Federal Trade Commission says it is seeking to block Microsoft Corporation’s (NASDAQ: MSFT) $69 billion acquisition of Activision Blizzard, Inc (NASDAQ: ATVI). What Happened: FTC alleged that the deal — which is Microsoft’s largest ever and the largest in the video...
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Activision Blizzard Q3 Earnings: Revenue And EPS Beat, Call Of Duty Sales Record, Microsoft Acquisition Update And More
Monday, November 7, 2022 - 4:42pm | 626Read More...Video game company Activision Blizzard (NASDAQ: ATVI) reported third-quarter results after the market close Monday. Here are the key highlights and an update on a pending acquisition of the company by Microsoft Corporation (NASDAQ: MSFT). What Happened: Activision Blizzard reported third-quarter...
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Activision Blizzard Q2 Earnings: Here's A Rundown Of The Results
Monday, August 1, 2022 - 3:31pm | 446Read More...Activision Blizzard Inc (NASDAQ: ATVI) announced its second-quarter financial results Monday after the bell. Here's a look at how the video game company fared during the quarter. What Happened: Activision reported second-quarter revenue of $1.644 billion, which was down from $2.3...
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Microsoft To Acquire Activision In $68.7B Deal: What Investors Need To Know
Tuesday, January 18, 2022 - 9:02am | 431Read More...Microsoft Corp (NASDAQ: MSFT) on Tuesday announced that it plans to acquire game developer and interactive entertainment content publisher Activision Blizzard Inc (NASDAQ: ATVI) for $95 per share in an all-cash transaction valued at $68.7 billion. The deal is set to...
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8 Top Video Game Stories Of 2021 And How Developer Stocks Performed This Year
Wednesday, December 29, 2021 - 3:16pm | 1246Read More...One of the major storylines of 2020 and the COVID-19 pandemic was the boost of stay-at-home stocks that included video games. Up against tough comparable sales, video game stocks saw a strong 2021. Here are some of the top video game storylines and stock stories of the year. Amazon Gaming Gets A...
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Activision Blizzard CEO's Shareholder Letter Promises To Create Safe Work Environment, Implement Inclusive Hiring
Thursday, October 28, 2021 - 10:17am | 489Read More...The CEO of a video game company facing lawsuits and investigations over its work environment is speaking out about changes the company will make going forward. What Happened: Activision Blizzard, Inc. (NASDAQ: ATVI) is stepping up its game to create a safe work environment and be more inclusive...
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Why Activision Blizzard's Stock Is Trading Higher Today
Wednesday, August 4, 2021 - 8:10am | 217Read More...Activision Blizzard Inc (NASDAQ: ATVI) is trading higher Wednesday morning after the company announced its second-quarter financial results and issued guidance. Activision Blizzard reported quarterly GAAP earnings of $1.12 per share, which was up from 75 cents per share...
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Activision Blizzard CEO Bobby Kotick's Pay 'Problematic,' Say Activist Shareholders
Thursday, June 4, 2020 - 3:27pm | 499Read More...Activision Blizzard (NASDAQ: ATVI) has come under fire from shareholders who are arguing that CEO Bobby Kotick's pay is too high. Activist shareholders have recommended a vote to deny the management pay package on June 11, according to SEC filings. The recommendation was supported by the...
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Activison Blizzard Misses Q4 Sales Estimates, Announces Layoffs
Tuesday, February 12, 2019 - 5:05pm | 498Read More...Shares of "Call of Duty" maker Activision Blizzard Inc. (NASDAQ: ATVI) ticked higher in after-hours trading despite a soft outlook for coming-year sales as it announced staff reductions. The company's earnings report was mixed, hitting estimates of $1.29 per share for the fourth...
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Activision Blizzard Posts Q2 Earnings Beat
Thursday, August 3, 2017 - 3:18pm | 226Read More...Activision Blizzard, Inc. (NASDAQ: ATVI) hit a new 52-week high before reporting better-than-expected second-quarter earnings after the close on Thursday. Activision reported Q2 adjusted EPS of 43 cents, beating estimates by 13 cents. Sales came in at $1.63 billion, an increase of 4 percent year...
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Activision Blizzard Reports Record Q1 Results
Thursday, May 4, 2017 - 4:17pm | 185Read More...Activision Blizzard, Inc.(NASDAQ: ATVI) reported record first quarter after the market closed Thursday. Activision Blizzard Reports Q1 Adj. EPS $0.72, up from $0.58 in the same quarter last year Sales came in at $1.726B, against $1.455B in the same quarter last year Sees Q2 Adj. EPS ~$0....














