As expected, Star Wars mania is proving to be a real boon for Electronic Arts. Electronic Arts said it sold 13 million copies of Star Wars Battlefront during the fiscal year year ending December 31, well above its previous forecasts. The company also saw continued success with its FIFA, Madden NFL and Hockey Ultimate Team TISI +% titles, with live service revenue climbing 13% in the quarter from the same period a year ago. ...
Goldman Closes Real Estate Credit Fund at $4.2 Billion Goldman Sachs Group Inc. (GS), whichshifted its real estate focus to lending from buying propertiesafter the financial crisis, completed fundraising for its secondreal estate credit pool at $4.2 billion. The New York-based firm raised $1.8 billion in equitypledges from institutions and wealthy individuals, supplementedby the same amount in borrowings and $600 million of the firm’sown money, said Alan Kava, co-head of the ...
10 Weekend Reads Good Saturday morning, here are some longer form reads for your weekend reading pleasure: • Bubble, Bubble, Toil and Trouble: The Costs and Benefits of Market Timing (Musings on Markets) • The Zen of Gen X: How We Went From Jaded to Sated (The Weeklings) • Only Apple (Daring Fireball) see also Tim Cook, Making Apple His Own (NY Times) • The House of Mondavi: How an American Wine Empire Was Born (LongReads) • A Rare Peek Inside Amazon’s ...
(Reuters) - Vesa Vihavainen is worried. Merivaara, his Finnish-based hospital bed-making business, is struggling - just like the economy that Finns once held up to debt-laden Greeks as a model of what national thrift can achieve. Weak sales mean Merivaara has had to lay off staff as Finland fails to find an exit from a two-year recession. That spiral of lost jobs and income is also wrecking the country's cherished reputation for sound public finances. Finland's school-masterly ...
3 lesser-known dividend stocks for a rocky summer It’s been a choppy stock market so far in 2014, particularly for the “risk on” momentum shares that were last year’s leaders. ...