...force and moving more jobs outside the United States, signs that it is struggling to complete a financial turnaround. Electronic Arts, best known for its top-selling Madden football franchise and other sports games, said Thursday that it was seeing some indications...
...several weeks, Riccitiello's main challenge will be to persuade investors to accept the deal and convince employees that Electronic Arts will respect the creative autonomy of Take-Two's various development teams. Over the last decade, EA has acquired many...
...AND STOCKHOLDERS' EQUITY $ 6,445 $ 5,146 ============ =========== (a) Derived from audited financial statements. ELECTRONIC ARTS INC. AND SUBSIDIARIES Unaudited Condensed Consolidated Statements of Cash Flows (in millions) Three Months Ended Nine Months...
...it has opened a development office in Austin for Pogo, its casual gaming arm. The office actually opened in May, but Electronic Arts wanted to time its announcement to coincide with the release of the studio's first game. The 12-person Pogo office will...
...a lukewarm response from Take-Two shareholders. Take-Two shares fell $1.23 to $23.61 in early Nasdaq trade. The stock traded around $17 in February, before Electronic Arts’ offer was announced. Electronic Arts shares were off 4 cents $48.20 on Nasdaq....
...done quickly. Yielding to a price at or below $25.74 would not be in the company’s long-term interest, he reiterated. Electronic Arts said that given changing circumstances, it no longer intended to pay as much as $25.74. “Enough time has passed that our economic...
...not tender their shares to EA remains unchanged," he said. Shares of Take-Two closed Friday at $27.10, down a fraction, while shares of Electronic Arts fell 3.7% to close at $49.60. Christopher Hinton is a reporter for MarketWatch based in New York. ...
...party developers to the Apple iPhone platform. A significant portion of this fund might make its way into the hands of Electronic Arts, if they manage to port the upcoming Spore to the Apple smartphone platform in time for a September 2008 release. Other...
...successful launch of The Sims Carnival(TM), a new creative endeavor in online casual gaming by the The Sims(TM) Label at Electronic Arts Inc. (Nasdaq: ERTS). Electronic Arts retained Tavant Technologies to provide offshore enabled services for TheSimsCarnival.com...
...Investor Relations tgugler@ea.com Jeff Brown, 650-628-7922 VP, Corporate Communications jbrown@ea.com investor.ea.com - Electronic Arts (NASDAQ:ERTS) today announced that it expects net revenue and earnings per share for fiscal year 2009 to be below the financial...