Slow Stochastic
Previous Close | 77.14 |
Open | 77.35 |
Bid | 78.62 x 1400 |
Ask | 78.72 x 1000 |
Day's Range | 77.03 - 78.79 |
52 Week Range | 70.94 - 87.01 |
Volume | |
Avg. Volume | 7,445,606 |
Market Cap | 61.839B |
Beta (5Y Monthly) | 0.42 |
PE Ratio (TTM) | 32.78 |
EPS (TTM) | 2.40 |
Earnings Date | Jul 31, 2023 - Aug 04, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Apr 13, 2022 |
1y Target Est | 91.14 |
Microsoft has accused Britain’s competition authority of “irrationally” blocking its £55bn takeover of the Call of Duty video game maker Activision.
Microsoft is challenging Britain's decision to block its $69 billion takeover of "Call of Duty" maker Activision Blizzard on the grounds of "fundamental errors" in the assessment of Microsoft's cloud gaming services. Britain's anti-trust regulator, the Competition and Markets Authority (CMA), vetoed the deal in April, saying it could hurt competition in the nascent cloud gaming market, sparking a furious row. Microsoft confirmed on Wednesday it had filed an appeal against the ruling to Britain's Competition Appeal Tribunal (CAT), and a summary of its arguments was published on Friday.
LONDON (Reuters) -Microsoft is challenging Britain's decision to block its $69 billion takeover of "Call of Duty" maker Activision Blizzard on the grounds of "fundamental errors" in the assessment of Microsoft's cloud gaming services. Britain's anti-trust regulator, the Competition and Markets Authority (CMA), vetoed the deal in April, saying it could hurt competition in the nascent cloud gaming market, sparking a furious row. Microsoft confirmed on Wednesday it had filed an appeal against the ruling to Britain's Competition Appeal Tribunal (CAT), and a summary of its arguments was published on Friday.
Microsoft is challenging Britain's decision to block its $69 billion takeover of "Call of Duty" maker Activision Blizzard on the grounds of "fundamental errors" in the assessment of Microsoft's cloud gaming services. Britain's anti-trust regulator, the Competition and Markets Authority (CMA), vetoed the deal in April, saying it could hurt competition in the nascent cloud gaming market. Microsoft confirmed on Wednesday it had filed an appeal against the ruling to the Competition Appeal Tribunal (CAT), and a summary of its arguments was published on Friday.
Activision Blizzard, Inc (ATVI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Regulators want to block the largest acquisition in Microsoft's nearly five-decade history. But there's a very good reason for Microsoft to fight for the deal.
Macquarie analyst Sarah Hindlian-Bowle thinks approvals in China and Europe will clear the way for the $69 billion acquisition to close.
Microsoft filed an appeal on Wednesday of Britain's decision to block its $69 billion takeover of "Call of Duty" maker Activision Blizzard , a company spokesperson said. The Competition and Markets Authority (CMA), Britain's antitrust regulator, vetoed the deal in April, saying it could hurt competition in the nascent cloud gaming market. Microsoft lodged its promised appeal with the Competition Appeal Tribunal (CAT), which handles appeals against CMA rulings, on Wednesday, the deadline for it to file.
LONDON (Reuters) -Microsoft filed an appeal on Wednesday of Britain's decision to block its $69 billion takeover of "Call of Duty" maker Activision Blizzard, a company spokesperson said. The Competition and Markets Authority (CMA), Britain's antitrust regulator, vetoed the deal in April, saying it could hurt competition in the nascent cloud gaming market. Microsoft lodged its promised appeal with the Competition Appeal Tribunal (CAT), which handles appeals against CMA rulings, on Wednesday, the deadline for it to file.
The U.S. could make or break Microsoft's Activision Blizzard acquisition.
Investing.com -- Microsoft's (NASDAQ:MSFT) mega acquisition of video game maker Activision Blizzard (NASDAQ:ATVI) is likely to close despite an objection from the U.K.'s competition watchdog, analysts at Macquarie predicted on Wednesday.
With Video Game companies posting upbeat earnings, take a look into how ETFs have performed.
Activision Blizzard, Take-Two Interactive Software and Hasbro have been highlighted in this Industry Outlook article.
Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire "Call of Duty" videogame maker Activision Blizzard Inc, when a U.S. judge on Friday refused to allow gamers in a private suit to preliminarily block the acquisition. The private plaintiffs sued Microsoft in California federal court in December to enjoin the deal, which they called harmful to competition. U.S. District Judge Jacqueline Scott Corley in San Francisco federal court said in a ruling issued late on Friday night that the video gamers had not shown they would be "irreparably harmed" if the merger were allowed to proceed before she rules on the merits of their case.
Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire "Call of Duty" videogame maker Activision Blizzard Inc , when a U.S. judge on Friday refused to allow gamers in a private suit to preliminarily block the acquisition. The private plaintiffs sued Microsoft in California federal court in December to enjoin the deal, which they called harmful to competition. U.S. District Judge Jacqueline Scott Corley in San Francisco federal court said in a ruling issued late on Friday night that the video gamers had not shown they would be "irreparably harmed" if the merger were allowed to proceed before she rules on the merits of their case.
Microsoft's proposed $69 billion acquisition of Activision Blizzard has divided international regulators, which is not good news for U.S. companies keen on M&A. The split complicates the prospects for future deals and has the potential of curbing value-adding acquisitions for some of the world’s biggest technology companies.
Microsoft said Friday that China has unconditionally approved its plan to buy video game company Activision Blizzard, even as the deal still faces antitrust opposition in the U.S. and United Kingdom. China’s approval is complicated by the fact that Activision Blizzard stopped offering many of its games in mainland China earlier this year because of a dispute with its local publishing partner. China and the European Union are the two biggest economies to have approved Microsoft's planned $69 billion takeover of the California game publisher behind popular titles such as World of Warcraft, Call of Duty and Candy Crush.
The competition watchdog has hit back at claims it has left Britain closed for business after Jeremy Hunt warned the watchdog to be mindful of its “wider responsibilities for economic growth”.
As the EU approved Microsoft’s $75bn bid to buy Activision Blizzard, the US Federal Trade Commission sued to block Amgen’s $28.3bn deal to acquire Horizon Therapeutics and warned of “rampant consolidation” in pharmaceuticals. Margrethe Vestager, EU competition commissioner, is known as the nemesis of Big Tech but others are taking her place. The Amgen suit epitomises the tough approach adopted by Lina Khan, chair of the FTC, and Khan has a new ally: Sarah Cardell, chief executive of the UK Competition and Markets Authority.
In this article, we discuss the top 15 stock picks from Warren Buffett’s latest portfolio. You can skip our discussion on Buffett’s recent investment decisions and go directly to Warren Buffett’s 2023 Portfolio: Top 5 Stock Picks. Berkshire Hathaway Inc. (NYSE:BRK-B) has been able to generate an average annualized return of 20% in the last […]
Activision Blizzard saw its IBD SmartSelect Composite Rating jump to 96 Wednesday, up from 92 the day before.
Yahoo Finance tech editor Dan Howley joins the Live Show to discuss the U.K.'s conflict with Microsoft's Activision Deal and Microsoft's future growth plans.
The leaders of companies like Activision Blizzard, Riot Games and Electronic Arts own property in some of the country’s most exclusive enclaves.
Jeremy Hunt has told competition chiefs that they must “understand their wider responsibilities” after the regulator was attacked by Microsoft for blocking a gaming mega-merger.
PulteGroup and Vornado Realty are part of the Zacks Bull and Bear of the Day article.