Tag Archives: shares

DSGi has confirmed to the Financial Times that a 311m rights issue is imminent, with the retailer saying the funds raised from it will go towards its store refit programme and alleviating cash flow problems being caused by credit insurers. It said that the move had been forced by its …

DSGi is reportedly looking to raise several hundred million pounds through a rights issue, which would be the second attempt this year. CEO John Browett is expected to give a statement on the firm’s operations after the firm’s financial year end, which will go some way to decided the success …

The news that online retail giant Amazon is to enter the pre-owned games market has seen the shares of High Street rival GameStop take a steep fall, dipping 14 per cent yesterday. Variety reports that used games account for 44 per cent of GameStop’s profits, and that Amazon’s move into …

Eidos has reached an agreement with Square Enix which will result in the Britsoft firm’s complete share capital being purchased by the Japanese company in early May. Shareholders are expected to approve the deal at the Eidos EGM later this month. Following this, trading of Eidos shares will be suspended …

DSGi is preparing for a rights issue, a process in which share holders are encouraged to buy new shares, which could raise it hundreds of millions of pounds. Apparently, the final decision whether to go ahead will not be made until it has concluded discussions regarding the sale of some …

Leading global games publisher Nintendo has said that it has teamed up with Tokyo-based stock exchange Nikkei to make a new game based on the workings of the stock market. To read more, click here to head over to MCV sister site CasualGaming.biz.

With its stock plummeting 17 per cent on the back of its poor financial results , The Wall Street Journal is predicting that EA’s falling value could make it a target for acquisition – and it has fingered Disney as a possible suitor. EA is current worth around $7.3 billion …

Following Sony’s decision to recall 438,000 of its Vaio laptop PCs, the company’s share price has fallen by over four per cent to reach its lowest in nearly three years. Reuters reports that the laptop recall was initiated after a number of reported problems involving the device’s battery overheating. It’s …

As the ‘will they won’t they’ saga surrounding EA’s proposed takeover of Rockstar-owning Take Two continues , two major Take Two shareholders have cut their stake in the publisher, Reuters reports. Oppenheimer Funds has cut its stake from 23 per cent, or 8.8 million shares, to just 11.5 per cent, …

Shares in Nintendo hit a record high this morning as speculation grew that the company could raise its earnings forecast for the second time this year. Reuters reports that the Kyoto-based firm’s shares peaked at 64,800 yen (€394) – an all time high – before eventually closing at 64,300 yen …