UBSFY News and Press, Ubisoft Entmt Unsp/Adr From 05/20/23

2023-05-20 10:00:00 ET U.S. videogame sales fell year-over-year for the second straight month in April, as a broad content decline more than offset more gains in console sales. Overall sales dipped 5% to $4.123B from last March's $4.32B, according to research group Circana. On a yea...

2023-05-20 02:22:07 ET Summary Realizing that oil won't be around forever, Saudi Arabia is seeking ways to cut its financial dependence on fossil resources, partially through utilizing the Public Investment Fund. After an almost six-month-long hiatus, the Saudi Sovereign Wealth Fu...

2023-05-01 04:50:13 ET Summary With the CMA giving a negative assessment of the ATVI/ MSFT merger, the likelihood of a deal closing dropped to single-digit probabilities. Referencing the AI hype, Microsoft will likely push for other priorities; and the CMC has historically rarely ...

2023-04-22 00:33:58 ET Summary Ubisoft Entertainment SA is a company that creates, publishes, and distributes video games for various platforms worldwide. Ubisoft has seen accretive growth through increased recurring revenue, while also expanding its mobile gaming footprint. M...

2023-04-20 08:05:00 ET Videogame sales slipped 5% year-over-year in March, a victim of a tough comparison against the same month a year ago, when eight new games had juiced content revenues. Overall sales slid to $4.633B from last March's $4.875B, according to research group Circana. ...

2023-04-14 08:00:00 ET Summary Internet companies like Meta and Alphabet are actually considered part of the communication services sector after a GICS reclassification in September 2018. Most communication sector ETFs have actually been outperforming technology ETFs YTD. The ...

2023-04-04 12:30:52 ET Summary I've written about Ubisoft in the past, and while my stake in the company is extremely small, I believe the last few months have seen the company become very interesting. Ubisoft is in no shortage of trouble, with plenty of challenges on the horizon....

2023-03-29 14:42:29 ET Videogame sales rose 6% year-over-year in February, their biggest percentage growth since October 2021, with broad jumps buoyed by sharply higher spending on consoles. Overall sales rose to $4.6B from the previous February's $4.321B, according to Circana (the ...

2023-03-23 13:45:18 ET Netflix stock ( NASDAQ: NFLX ) zoomed 8.5% by midday, making its biggest single-day gain in five months and leading S&P 500 gainers, as the market pulled off a broad bounceback from Wednesday's Fed-induced sell-off. Netflix stock rose as high...

2023-03-22 13:14:48 ET Videogame maker Ubisoft's stock ( OTCPK:UBSFY ) took a January double-digit hit as the company warned on profit risks, slashing its guidance and increasing writedowns and cancellations - but a new strategy means it's time to focus on the positives to come,...