Connect with us
  • tg

Stock Markets

Is Call of Duty a Microsoft game? Sony accused of lying to European regulators about Microsoft and Activision deal

letizo News

Published

on

is Call of Duty a Microsoft game

Microsoft Vice President Frank Shaw accused Sony of lying to European regulators about the terms of the deal between the U.S. company and Activision Blizzard. It was reported by Windows Central. Is Call of Duty a Microsoft game? 

“I’ve heard Sony claim to people in Brussels that Microsoft doesn’t want to offer them parity on Call of Duty if we buy Activision. This is far from the truth. We’ve made it clear that we’ve offered Sony a ten-year agreement that provides parity on game release dates, content, features, quality and every other aspect,” Shaw said.

Microsoft and Call of Duty – what’s going on? 

According to Shaw, Microsoft has offered to secure Sony’s offerings through a contract, regulatory agreements or other commitments. Despite this, Sony representatives, to thwart Microsoft’s deal, about the company’s proposals to keep the Call of Duty franchise for PlayStation consoles claim otherwise.

Microsoft has repeatedly stated that it has no plans to make Call of Duty a Xbox exclusive, among other things, because such a decision is not economically viable. Also, the head of Microsoft’s gaming division Phil Spencer has previously stated that the company is acquiring Activision Blizzard primarily because of its dominant position in the mobile games segment.

It is expected that the final decision on Microsoft’s purchase of Activision’s Blizzard studio will be made during 2023.

We previously reported that Microsoft is announcing a new multi-billion dollar investment in ChatGPT OpenAI stock.

Stock Markets

Weekly share repurchase program transaction details

letizo News

Published

on

March 27, 2024

SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period March 21, 2024 through March 27, 2024.

The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024 and effective from March 1, 2024. The objective of the program is to reduce share capital. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period March 1, 2024 through March 27, 2024 can be found in the top half of the table below. Further detailed information regarding both the progress of the share repurchase program and all individual transactions can be accessed via the Investors section of the Company’s website.

Share Repurchase Program    
       
Overall progress Share Repurchase Program:    
         
Total Repurchase Amount  EUR 65,000,000  
Cumulative Repurchase Amount  EUR 5,783,329  
Cumulative Quantity Repurchased  413,692  
Cumulative Average Repurchase Price  EUR 13.98  
Start Date    March 1, 2024  
Percentage of program completed as of March 20, 20248.9%  
         
Overview of details of last 5 trading days:    
         
Trade DateQuantity RepurchasedAverage Purchase PriceSettlement Amount  
March 21, 2024  21,611EUR 14.12EUR 305,153  
March 22, 2024  21,350EUR 14.29EUR 305,082  
March 25, 2024  20,975EUR 14.55EUR 305,208  
March 26, 2024  20,888EUR 14.61EUR 305,170  
March 27, 2024  20,951EUR 14.57EUR 305,175  
Total105,775EUR 14.42EUR 1,525,788  
               

1All shares purchased via Euronext Amsterdam, CBOE DXE and or Turquoise

This press release contains information which is to be made publicly available under the Market Abuse Regulation (nr. 596/2014). The information concerns a regular update of the transactions conducted under SBM Offshore’s current share repurchase program, as announced by the Company on February 29, 2024, details of which are available on its website.

Corporate Profile

SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry. As a leading technology provider, we put our marine expertise at the service of a responsible energy transition by reducing emissions from fossil fuel production, while developing cleaner solutions for alternative energy sources.

More than 7,400 SBMers worldwide are committed to sharing their experience to deliver safe, sustainable and affordable energy from the oceans for generations to come.

For further information, please visit our website at www.sbmoffshore.com.

Financial Calendar  DateYear
Annual General Meeting  April 122024
First Quarter 2024 Trading Update  May 82024
Half Year 2024 Earnings  August 82024
Third Quarter 2024 Trading Update  November 142024
Full Year 2024 Earnings  February 202025

For further information, please contact:

Investor Relations

Wouter HoltiesCorporate Finance & Investor Relations Manager

Mobile:+31 (0) 6 23 34 37 64
E-mail:wouter.holties@sbmoffshore.com
Website:www.sbmoffshore.com

Media Relations

Evelyn Tachau BrownGroup Communications & Change Director

Mobile:+377 (0) 6 40 62 30 34
E-mail:evelyn.tachau-brown@sbmoffshore.com
Website:www.sbmoffshore.com

Market Abuse RegulationThis press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

DisclaimerSome of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ˜expect’, ˜should’, ˜could’, ˜shall’ and similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ˜Impact, Risk and Opportunity Management’ section of the 2023 Annual Report.Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release SBM Offshore and SBM are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.”SBM Offshore ®”, the SBM logomark, Fast4Ward ®, emissionZERO ® and Float4Wind ® are proprietary marks owned by SBM Offshore.

  • Press Release Week 12&13 – March 21 to March 27, 2024

Source: SBM Offshore Amsterdam B.V.

Continue Reading

Stock Markets

Modiv Industrial CEO buys shares worth over $7k

letizo News

Published

on

In a recent transaction, Aaron Scott Halfacre, the CEO and President of Modiv Industrial, Inc. (NYSE:MDV), has purchased additional shares of the company’s stock. The executive acquired 444.7035 shares at a price of $15.92 per share, amounting to a total investment of over $7,079.

This purchase reflects a continued confidence in the company from its top executive, as the additional shares increase Halfacre’s total holdings to 75,503.6239 shares of Modiv Industrial’s common stock. The transaction took place on March 25, 2024, with the details made public in a filing dated March 27, 2024.

Modiv Industrial, operating in the real estate investment trusts industry, is known for its focus on industrial properties. The acquisition by the CEO is a notable event for investors and market watchers, as insider transactions can often provide insights into the company’s performance and the sentiments of its leadership.

The transaction was executed directly, with no derivative securities involved, indicating a straightforward increase in the CEO’s stake in the company. The filing was signed on behalf of Halfacre by John Raney, by the power of attorney.

Investors and analysts often keep a close eye on insider transactions like these, as they can be indicative of the company’s future prospects and the confidence insiders have in the company’s value and strategy.

InvestingPro Insights

Following the recent share purchase by CEO Aaron Scott Halfacre, Modiv Industrial, Inc. (NYSE:MDV) has been the subject of increased attention. An InvestingPro analysis provides a deeper dive into the company’s financials and market performance. Modiv Industrial’s market capitalization currently stands at $180.67 million, reflecting its valuation in the market. Despite a challenging period, the company has shown resilience with a strong gross profit margin of 89.07% for the last twelve months as of Q4 2023.

Investors looking at the long-term trajectory will note that the company’s stock price has experienced a significant appreciation with a one-year total return of 86.39%. This aligns with one of the InvestingPro Tips highlighting a high return over the last year, which could be a signal of recovering investor confidence and potential growth prospects. Additionally, the CEO’s purchase may correlate with another InvestingPro Tip suggesting that analysts predict the company will be profitable this year, which could further bolster investor sentiment.

While the company’s P/E ratio stands at -12.09, indicating that it has not been profitable over the last twelve months, the market seems to be looking ahead, as reflected in the positive price movements over the last month and three months, with total returns of 16.42% and 28.65%, respectively. This optimism is further supported by the company’s liquid assets, which exceed its short-term obligations, providing a cushion for future operations.

For investors seeking more comprehensive insights, InvestingPro offers additional tips on Modiv Industrial, which can be accessed through their platform. To enhance your investment research, use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription. There are 9 more InvestingPro Tips available for Modiv Industrial, providing a more nuanced understanding of the company’s financial health and market performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Continue Reading

Stock Markets

Modiv Industrial director buys $1.8k in company stock

letizo News

Published

on

In a recent transaction, Adam Scott Markman, a director at Modiv Industrial, Inc. (NYSE:MDV), purchased shares of the company’s stock. The acquisition, which took place on March 25, involved Markman buying 112.3109 shares at a price of $16.44 per share, amounting to a total investment of approximately $1,846.

Markman’s purchase is a sign of his ongoing commitment to the company, as it increases his direct ownership to 20,386.409 shares of Modiv Industrial’s common stock. This transaction provides investors with a glimpse into the confidence that company insiders may have in the firm’s future prospects.

Modiv Industrial, Inc., a real estate investment trust (REIT) listed on the NYSE under the ticker symbol MDV, focuses on industrial properties. The company has undergone several name changes in its history, previously known as Rich Uncles NNN REIT, Inc. and RW Holdings NNN REIT, Inc., before adopting its current name.

Investors often monitor insider transactions as they can provide insights into the executive’s view of the company’s valuation and potential. Markman’s recent stock purchase is a transaction that market participants may consider when evaluating their investment strategies regarding Modiv Industrial.

InvestingPro Insights

Adam Scott Markman’s recent purchase of Modiv Industrial’s stock is a noteworthy event that aligns with positive expectations for the company’s financial performance. According to InvestingPro Tips, net income for Modiv Industrial is anticipated to grow this year, and analysts are predicting profitability for the firm within the same timeframe. This forecasted upturn in financial health could be a contributing factor to Markman’s decision to increase his stake in the company.

From a market perspective, Modiv Industrial’s shares have demonstrated resilience, with a strong return over the last year, as indicated by an impressive 86.39% one-year price total return. This robust performance is further evidenced by a significant 28.65% three-month price total return, showcasing the stock’s recent upward momentum. These metrics suggest that investors like Markman may see the company’s stock as a potentially lucrative investment despite broader market movements.

On the financial front, InvestingPro Data shows that Modiv Industrial has a market capitalization of $180.67 million USD. Although the company’s P/E ratio stands at -12.09, reflecting its past lack of profitability, the positive revenue growth of 7.07% over the last twelve months signals a trajectory of improvement. Additionally, the firm’s strong gross profit margin of 89.07% underscores its ability to maintain profitability on its core operations.

For investors intrigued by Modiv Industrial’s prospects and insider confidence, additional InvestingPro Tips are available, offering deeper insights into the company’s financial metrics and market performance. To explore these further, consider visiting the dedicated InvestingPro page for Modiv Industrial at https://www.investing.com/pro/MDV. For those interested in a yearly or biyearly Pro and Pro+ subscription, use coupon code PRONEWS24 to receive an additional 10% off, and gain access to the full suite of tips, which currently includes six more tips that could inform your investment decisions regarding Modiv Industrial.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Continue Reading

Trending

©2021-2024 Letizo All Rights Reserved