Gameloft starts trading shares in the US

<div dir="ltr" style="text-align: left;" trbidi="on"> <span class="Apple-style-span" style="background-color: white; color: #444444; font-family: Georgia, 'Bitstream Charter', serif; line-height: 24px;"></span><br /> <div style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; color: #444444; font-family: Georgia, 'Bitstream Charter', serif; font-size: 12px; font: normal normal normal 13px/19px Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif; line-height: 18px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px; max-width: 640px; padding-bottom: 0.6em; padding-left: 0.6em; padding-right: 0.6em; padding-top: 0.6em;"> <div mce_style="text-align: center;" style="color: #444444; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px; text-align: center;"> <img alt="" class="aligncenter" height="161" mce_src="http://img8.imageshack.us/img8/5240/gameloftlogo.jpg" src="http://img8.imageshack.us/img8/5240/gameloftlogo.jpg" style="border-bottom-width: 0px; border-color: initial; border-left-width: 0px; border-right-width: 0px; border-style: initial; border-top-width: 0px; clear: both; color: #444444; display: block; font-family: Georgia, 'Bitstream Charter', serif; height: 226px; line-height: 1.5; margin-bottom: 12px; margin-left: auto; margin-right: auto; margin-top: 0px; max-width: 640px; width: 455px;" width="324" /></div> <div style="color: #444444; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> Gameloft is one of the standout companies on iOS. While the company has received criticism for "borrowing" some gameplay themes and ideas from more popular console titles, there's no question that it has still worked hard on quality games, and picked up a lot of iOS sales for it.</div> <div style="color: #444444; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> Gameloft is based in France, but has announced that it will start trading on the US market by selling American Depositary Receipts, which are a kind of representation of a foreign stock on the American market. The company says that 30% of its sales come from North America, so bringing the chance to invest to the US is probably a good way to pull in some new assets and interest.</div> <div style="color: #444444; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> Not to mention that the offering brings investors a chance to catch a ride on one of the iOS' platforms biggest success stories. Gameloft has been doing really well on the App Store, and this is just another sign that it's headed for even better things in the future.</div> <div style="color: #444444; font-family: Georgia, 'Bitstream Charter', serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> As always, please note that this post is not actual financial advice. Just because the company is doing well, past performance is never a guarantee of future success in any business.</div> </div> </div>

Gameloft starts trading shares in the US

Gameloft is one of the standout companies on iOS. While the company has received criticism for "borrowing" some gameplay the...

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Sony in the red due to quake-hit production

<div dir="ltr" style="text-align: left;" trbidi="on"> <span class="Apple-style-span" style="border-collapse: separate; color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: small; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 24px; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;"><div style="background-color: white; color: #444444; font-family: Georgia,'Times New Roman','Bitstream Charter',Times,serif; font-size-adjust: none; font-size: 13px; font-stretch: normal; font-style: normal; font-variant: normal; font-weight: normal; line-height: 19px; margin: 0px; max-width: 640px; padding: 0.6em;"> <div mce_style="text-align: center;" style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px; text-align: center;"> <img alt="" class="aligncenter" height="90" mce_src="http://img851.imageshack.us/img851/9710/sonylogo200200.jpg" src="http://img851.imageshack.us/img851/9710/sonylogo200200.jpg" style="border-width: 0px; clear: both; color: #444444; display: block; font-family: Georgia,'Bitstream Charter',serif; line-height: 1.5; margin: 0px auto 12px; max-width: 640px;" width="120" /></div> <div style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> Sony has reported that it made a net loss of 15.5 billion yen (£122 million) for the three months from April to June 2011, with sales declining by 18 per cent year on year.</div> <div style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> It blames the chasm in its finances on the earthquake that hit Japan earlier this year, which caused production delays and squeezed component supplies.</div> <div style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> It also reckons "unfavourable exchange rates" and "the deterioration of the electronics business environment" have had a negative impact.</div> <div style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> <span class="Apple-style-span" mce_name="strong" mce_style="font-weight: bold;" style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-weight: bold; line-height: 1.5;">TVs down, gaming weird</span></div> <div style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> The worst hit department was Sony's TV unit, which has also revised its sales forecast for the rest of the year downwards.</div> <div style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> Sony's computer entertainment division had some interesting news; PlayStation 3 sales are down, possibly due to the PSN hack that took the gaming network down for over a month earlier this year.</div> <div style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> However, the outdated PS2 has seen sales remain pretty steady, down by only a couple of hundred thousand compared to the same period last year.</div> <div style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> Also weirdly, the PSP handheld console has had a bit of a boom with a 600,000 sales increase to 1.8 million, no doubt due to attractive price cuts and new bundles in advance of the launch of the PS Vita next year.</div> <div style="color: #444444; font-family: Georgia,'Bitstream Charter',serif; font-size: 16px; line-height: 1.5; margin-bottom: 24px;"> With regards to the cyber attacks on the PSN, Sony notes, "Most recently, user logins to PlayStation Network in North America have returned to a similar level as before the cyber attacks."</div> </div> </span></div>

Sony in the red due to quake-hit production

Sony has reported that it made a net loss of 15.5 billion yen (£122 million) for the three months from April to June 2011, with sales d...

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