ATVI News and Press, Activision Blizzard Inc From 07/12/23

2023-07-12 16:05:08 ET Summary The UK's Competition and Markets Authority might need to initiate a fresh probe into Microsoft Corporation's proposed merger with Activision Blizzard, Inc. Microsoft could push to complete the merger before the July 18 walk date, potentially disregar...

2023-07-12 15:36:20 ET Activision ( NASDAQ: ATVI ) CEO Bobby Kotick said it's "highly unlikely" that a U.S. appeals court would grant a stay to block the videogame maker's sale to Microsoft ( NASDAQ: MSFT ). "I'd be surprised if they would waste taxpayer resources" for t...

2023-07-12 14:21:43 ET Shares of Microsoft (NASDAQ: MSFT) rose by as much as 2.8% Wednesday morning before settling into a 1.6% gain as of 1:35 p.m. ET. Microsoft investors have gotten no less than least three pieces of good news over the past two days. First, the company's pend...

2023-07-12 14:21:38 ET A successful completion of Microsoft's ( MSFT ) $69 billion acquisition of Activision ( ATVI ) may lead to further consolidation in the videogame industry, according to a Benchmark analyst. Take-Two Interactive ( NASDAQ: TTWO ), Electronic Arts ( ...

2023-07-12 11:01:12 ET After a U.S. federal court rejected the Federal Trade Commission's request to block Microsoft's ( NASDAQ: MSFT ) deal to acquire Activision Blizzard ( ATVI ) and the EU granted conditional approval to Broadcom ( NASDAQ: AVGO ) to buy VMware...

2023-07-12 09:14:00 ET U.S. stock index futures on Wednesday jumped as investors digested the latest consumer inflation data. Core consumer price index (CPI) in June rose 0.2%, less than the expected +0.3% figure and moderating from the 0.4% increase posted in May. Market participants t...

2023-07-12 08:29:45 ET Summary Activision Blizzard stock has reached a new 52-week high following a federal court ruling that Microsoft can continue with its planned acquisition. The court ruling dismissed the FTC's claim that the merger could lessen competition, suggesting instea...

2023-07-12 08:13:11 ET Activision ( NASDAQ: ATVI ) fell 1.2% in premarket trading amid a report that the UK's antitrust authority may need to do a new probe of the Microsoft ( NASDAQ: MSFT ) deal if the companies' restructure their deal to appease the regulator. "Mer...

2023-07-12 07:24:55 ET The decision by a federal court to reject the Federal Trade Commission's request to block Microsoft's ( NASDAQ: MSFT ) deal to acquire Activision Blizzard ( NASDAQ: ATVI ) is being seen as a "trophy moment" for the U.S. based tech giant, investment...

2023-07-12 06:30:41 ET Summary The U.S. Labor Department is expected to release data showing a decrease in inflation in June, with CPI projected to rise 3.1% Y/Y, down from 4.0% in May. The European Medicines Agency has extended its investigation into a potential link between suic...