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 …
Read More »Majesco gains $6 million
Majesco, US publisher of Cooking Mama, has freed up $6 million through selling around 4 million of its shares. According to an SEC filing, the firm will be putting the raised funds towards working capital, reported Next Generation . The additional funds also provide valuable flexibility, stability and agility to …
Read More »$3 billion cash injection for PlayStation?
Sony will sell around $2.9 billion worth of shares from its insurance unit, freeing up a huge amount of capital that commentators have asserted could be injected into its game business, possibly precipitating a PS3 price cut. Sony could use the funds for various options to strengthen its electronics and …
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