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Nintendo’s President Wins 96.51% Approval From Shareholders
Nintendo’s New President Gets Overwhelming Support From Shareholders Taking over as President of a company the size of Nintendo can be a tricky business. Generally speaking, when a new President comes in the shareholders expect a decent early performance or they’ll already start mulling over your replacement. In terms of…
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CD Projekt May Be Preparing Against Hostile Takeover
It wasn’t that long ago that we reported on Vivendi trying to take over Ubisoft and their continued fight against that. Now there is another player in the field that needs to defend themselves! CD Project has called for an extraordinary general meeting of shareholders to be held on November the…
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Yahoo Lost One-Third of Its Staff in 2015
Ailing multinational company Yahoo has lost over a third of its workforce over the last twelve months, in a shocking show of no-confidence in current CEO Marissa Mayer, according to a report in the New York Times. “Basically, it shows employees losing faith in Marissa Mayer and Yahoo,” Scott Dobroski,…
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4.9 Million New Netflix Members in the First Quarter
Netflix just reported its first quarter financial performance and shareholders sure have to be happy with the news that sent shares up more than 10%. The company reported that there were 2.3 million new domestic subscribers and 2.6 million non-domestic subscribers. The company beat market expectations of $0.69 adjusted earnings…
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HP’s Autonomy Acquisition Cancelled by Judge
Shareholders of HP have been carrying out legal action for previously claiming that they acquired British based company Autonomy for $8.8bn when the figure was in fact $10.7bn. Outraged shareholders decided to lawyer up and come out with both fists swinging, to which HP agreed on a settlement. The Register explained the settlement terms and process:…
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