Activision Blizzard Inc (ATVI.OQ) Key Developments | Reuters.com
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Activision Blizzard Inc (ATVI.OQ)

ATVI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Tencent Holdings reports 5.023 pct passive stake in Activision Blizzard
Thursday, 23 Jun 2016 06:23am EDT 

Activision Blizzard Inc :Tencent Holdings Limited reports 5.023 pct passive stake in Activision Blizzard Inc as of June 13, 2016 - sec filing.  Full Article

Vivendi unwounds hedge on remaining stake in Activision Blizzard
Friday, 15 Jan 2016 02:21am EST 

Vivendi SA:Announced that it unwound the hedge on its remaining 41.5 million Activision Blizzard Inc shares‍​.Sold its entire position to financial institution for net proceeds of $1.1 billion‍​.Unwinding of this hedge allows Vivendi to recover cash deposit of $0.4 billion.  Full Article

Activision Blizzard Acquires the Business of Major League Gaming
Monday, 4 Jan 2016 05:00pm EST 

Activision Blizzard, Inc:Says acquisition of the business of Major League Gaming (MLG).MLG will continue to operate MLG.tv, MLG Pro Circuit and GameBattles platforms, and will continue to work with its partners and other publishers across the industry.  Full Article

Activision Blizzard to acquire King Digital Entertainment for $5.9 bln
Tuesday, 3 Nov 2015 02:00am EST 

Activision Blizzard:Says to acquire King Digital Entertainment for $5.9 bln.Says King will continue to be led as an independent operating unit by chief executive officer Riccardo Zacconi, chief creative officer Sebastian Knutsson, and chief operating officer Stephane Kurgan.Says King shareholders to receive $18 per share.  Full Article

Activision Blizzard Inc gives Q3 2015 outlook in line with analysts' estimates; raises FY 2015 outlook
Tuesday, 4 Aug 2015 04:38pm EDT 

Activision Blizzard Inc:Expects Q3 2015 GAAP net revenues of $875 mln and non-GAAP net revenues of $930 million.Expects Q3 2015 GAAP EPS of $0.08 and non-GAAP EPS of $0.14.Expects CY 2015 GAAP net revenues of $4.425 billion and non-GAAP net revenues of $4.600 billion.Expects CY 2015 GAAP EPS of $1.06 and non-GAAP EPS of $1.30.Q3 2015 revenue of $873 million and EPS of $0.14 - Thomson Reuters I/B/E/S.CY 2015 revenue of $4.467 bln and EPS of $1.23 - Thomson Reuters I/B/E/S.  Full Article

Judge OKs Activision Blizzard Inc $275 million shareholder settlement, $72 million for lawyers - Reuters
Wednesday, 20 May 2015 08:07pm EDT 

Activision Blizzard Inc:A Delaware judge approved a $275 million shareholder settlement involving Activision Blizzard Inc and awarded the small law firms that brought the case a $72.5 million fee - Reuters.The company agreed to the settlement last year, which ended a shareholder lawsuit challenging Activision's $8 billion deal to acquire its stock held by French conglomerate Vivendi SA.The lawsuit alleged that Activision's chief executive and co-chairman benefited unfairly from the deal, and the settlement barred them from gaining control of Activision.  Full Article

Activision Blizzard Inc gives Q2 2015 outlook below analysts' estimates; raises FY 2015 outlook
Wednesday, 6 May 2015 04:05pm EDT 

Activision Blizzard Inc:Expects CY 2015 GAAP net revenues of $4.250 billion and non-GAAP net revenues of $4.425 billion.Expects CY 2015 GAAP EPS of $0.98 and non-GAAP EPS of $1.20.Expects Q2 2015 GAAP net revenues of $930 mln and non-GAAP net revenues of $650 million.Expects Q2 2015 GAAP EPS of $0.21 and non-GAAP EPS of $0.07.CY 2015 EPS of $1.18 - Thomson Reuters I/B/E/S.Q2 2015 revenue of $688 million and EPS of $0.09 - Thomson Reuters I/B/E/S.  Full Article

Activision Blizzard Inc gives Q1, CY 2015 guidance below analysts' estimates
Thursday, 5 Feb 2015 04:13pm EST 

Activision Blizzard Inc:Expects CY 2015 GAAP net revenues of $4.140 billion and non-GAAP net revenues of $4.400 billion.Expects CY 2015 GAAP EPS of $0.89 and non-GAAP EPS of $1.15.Expects Q1 2015 GAAP net revenues of $1.140 billion and non-GAAP net revenues of $640 million.Expects Q1 2015 GAAP EPS of $0.37 and non-GAAP EPS of $0.05.CY 2015 revenue of $4.713 billion and EPS of $1.43 - Thomson Reuters I/B/E/S.Q1 2015 revenue of $778 million and EPS of $0.18 - Thomson Reuters I/B/E/S.  Full Article

Activision Blizzard Inc authorizes stock repurchase program and declares cash dividend
Thursday, 5 Feb 2015 04:13pm EST 

Activision Blizzard Inc:Authorizes new two-year stock repurchase program under which the company is authorized to repurchase up to $750 million of its outstanding common stock during the period from Feb. 9, 2015 through Feb. 8, 2017.Declares cash dividend of $0.23 per common share.Payable on May 13, of record at the close of business on March 30.  Full Article

Activision Blizzard Inc gives Q4 2014 guidance below analysts' estimates; raises CY 2014 guidance
Tuesday, 4 Nov 2014 04:07pm EST 

Activision Blizzard Inc:Expects Q4 2014 GAAP net revenues of $1.492 billion and non-GAAP net revenues of $2.2 billion.Expects Q4 2014 GAAP EPS of $0.28 and non-GAAP EPS of $0.86.Expects CY 2014 GAAP net revenues of $4.240 billion and non-GAAP net revenues of $4.800 billion.Expects CY 2014 GAAP EPS of $0.91 and non-GAAP EPS of $1.35.Q4 2014 revenue of $2.335 billion and EPS of $0.94 - Thomson Reuters I/B/E/S.CY 2014 revenue of $4.753 billion and EPS of $1.32 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Tencent Holdings reports 5.023 pct passive stake in Activision Blizzard

* Tencent Holdings Limited reports 5.023 pct passive stake in Activision Blizzard Inc as of June 13, 2016 - sec filing Source text for Eikon: (http://1.usa.gov/28RMkow) Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)