Toy maker, Hasbro Inc. (NASDAQ: HAS) and video game console maker, Electronic Arts Inc. (NASDAQ: EA) announced on Tuesday that the both companies have entered in a 4-year agreement, under which, Electronic Arts will create former’s best-selling games for mobile platform.
Continue reading Electronic Arts, Hasbro Enters in a 4-Year Deal (HAS, EA)
Shares of AOL Inc. (NYSE: AOL) slumped about 8.60% by afternoon trade. Although the web services company reported 23% jump in fiscal first quarter net income, driven by higher revenue from advertising, adjusted earnings fell short of Street’s estimate.
Continue reading Major Movers on May 8; AOL, WEN, EA, SYMC, Z
Game developing Company, Electronic Arts Inc. (NASDAQ: EA) said that it will shut down three social online games on Facebook Inc. (NASDAQ: FB) as the company just like any other game creator is witnessing dwindling users/gamers base on the social networking giant’s platform.
Continue reading Electronic Arts to Shutter Three Games on Facebook (EA, FB, ZNGA)
Shares of Lululemon Athletica Inc. (NASDAQ: LULU) slumped on Tuesday after the maker of yoga and athletic apparels said last evening that it will pull out its signature black luon fabric yoga pants from its stores, showroom and e-sales website after it was found that certain batch had “unacceptable level of sheerness”, the Company said.
Continue reading Major Movers on March 19; LULU, AFFY, EA, SKUL, BKW, WAG
Shares of SINA Corporation (NASDAQ: SINA), an online media company serving China and the global Chinese communities, are soaring in trading today.