Zynga Inc (ZNGA.OQ)
9 Dec 2016
These are not happy days for plaintiffs' lawyers who practice in Delaware. Chancery Court has pretty much shut down the controversial but lucrative “deal tax” business of suing to block announced M&A deals, then settling cases for a few hundred thousand bucks in legal fees and some immaterial proxy disclosures. The Delaware Supreme Court, meanwhile, added to the pain when it ruled in Corwin v. KKR that corporate boards’ M&A decisions are entitled to deference when informed shareholde
WILMINGTON, Del. The Delaware Supreme Court revived a lawsuit against Zynga Inc's controlling shareholder, Mark Pincus, and fellow board members for allegedly allowing leaders of the social gaming company to act on inside information and dump stock before it crashed in 2012.
* Q3 loss per share $0.05; Q3 revenue $182.4 million, down 7 percent year-over-year and flat sequentially
* Q3 earnings per share view $0.01 -- Thomson Reuters I/B/E/S
"FarmVille" creator Zynga Inc forecast lower-than-expected bookings for the holiday season, as the company's much-awaited game "Dawn of Titans" is slated to launch late into the quarter.
Nov 2 "FarmVille" creator Zynga Inc forecast lower-than-expected bookings for the holiday season, as the company's much-awaited game "Dawn of Titans" is slated to launch late into the quarter.
"Farmville" creator Zynga Inc on Thursday appointed Gerard Griffin as its chief financial officer, adding another Electronic Arts Inc executive to its top ranks.
Sept 29 "Farmville" creator Zynga Inc on Thursday appointed Gerard Griffin as its chief financial officer, adding another Electronic Arts Inc executive to its top ranks.
* Zynga Inc - Actual exit of the U.K. from the European Union could cause disruptions to and create uncertainty surrounding our business
"FarmVille" creator Zynga Inc forecast current-quarter bookings largely below estimates, sending its shares down as much as 12 percent in extended trading on Thursday.
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