Newzoo tempers global game market forecast amid sluggish console sales Aug 13 (Reuters) - Research firm Newzoo dialed back its annual growth forecast for the global videogame market on Tuesday, as console sales underperform amid a relatively light release schedule of games this year. WHY IT'S IMPORTANT The gaming industry went through a tumultuous first half of the year, fraught with mass layoffs , studio shutdowns and project cancellations arising out of weak gamer spending.

UPDATE 2-Electronic Arts forecasts upbeat second-quarter bookings on 'College Football' strength Adds analyst comment in paragraph 5, details from conference call in paragraphs 6,7 By Zaheer Kachwala July 30 (Reuters) - Videogame publisher Electronic Arts EA.O forecast second-quarter bookings above analysts' expectations on Tuesday, citing robust sales of its popular titles such as "EA FC 24".

Electronic Arts forecasts second-quarter bookings above estimates July 30 (Reuters) - Video-game publisher Electronic Arts EA.O forecast second-quarter bookings above analysts' expectations on Tuesday, citing robust sales of its popular titles such as "EA FC 24". EA's optimistic forecast suggests the firm is benefiting from increased spending on its popular sports games like the newly released "EA Sports College Football 25", indicating a potential rebound in the gaming industry after a prolonge

UPDATE 2-Europe's STOXX 600 logs weekly decline as tech, resources shares weigh For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 down 0.8% Global cyber outage causes chaos Sartorius drops on annual forecast cut Danske Bank gains after Q2 net profit beat Updated at 1600 GMT By Shristi Achar A, Pranav Kashyap and Shashwat Chauhan July 19 (Reuters) - European shares clocked weekly losses as a selloff in technology shares, some down

BUZZ-'The Force is weak' - Ubisoft slumps on Q1 miss, weak Q2 view ** Shares of Ubisoft UBIP.PA slump ~8% after French video game maker posts smaller-than-expected rise in quarterly net bookings , Q2 forecast below analysts' estimate ** Stock among biggest losers on SBF 120 index .SBF120 ; stock eyes worst day in 2 months ** Q1 net bookings of 290

French and Benelux stocks-Factors to watch July 19 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks. CASINO CASP.PA : French supermarket group Casino on Thursday confirmed that it is the subject of a preliminary investigation by France's national financial prosecution office over charges of price manipulation and corruption dating back to 2018 and 2019. AIR FRANCE-KLM AIRF.PA : Franco-Dutch airl

BRIEF-Ubisoft Q1 Net Bookings EUR 290 Million, Up 8.3% YOY July 18 (Reuters) - Ubisoft Entertainment SA UBIP.PA : Q1 NET BOOKINGS EUR 290 MLN VERSUS EUR 300 MLN IN COMPANY-COMPILED CONSENSUS CITED BY TD COWEN Q1 IFRS 15 SALES EUR 323.5 MLN VERSUS EUR 288.9 YEAR AGO, UP 12% OUTLOOK Q2: NET BOOKINGS OF AROUND EUR 500 MLN OUTLOOK 2024/2025 CONFIRMED T

CORRECTED-France's Ubisoft tops guidance for Q1 net bookings on strong GaaS engagement Corrects July 18 story to say Ubisoft beat its own forecast but missed consensus for net bookings in headline and paragraphs 1 and 4; removes extraneous words in paragraphs 5 and 9 July 18 (Reuters) - French video game maker Ubisoft UBI.PA reported first-quarter net bookings above its own forecast on Thursday, citing robust engagement metrics driven by its Game-as-a-Service (GaaS) franchises.

US law firm Michael Best expands to California in merger with L.A. firm By Sara Merken July 9 (Reuters) - U.S. law firm Michael Best & Friedrich said on Tuesday that it has absorbed a small Los Angeles firm , adding to an uptick in law firm mergers this year. Milwaukee-founded Michael Best, which has more than 300 lawyers nationally, is entering the California legal market for the first time through its combination with venture capital law firm O&A, P.C.

UPDATE 2-STOXX 600 flat as markets assess France's hung parliament prospects For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 flat, energy shares lead losses Britvic gains on deals with Carlsberg Delivery Hero drops after it flags potential antitrust fine Updated at 1600 GMT By Shubham Batra and Shristi Achar A July 8 (Reuters) - European shares were muted on Monday as investors mulled chances of a hung parliament in France afte

BUZZ-Ubisoft offers 50% upside with game pipeline, subscription model, says Jefferies ** "Subscribe to this 50% upside," Jefferies says as it upgrades Ubisoft UBIP.PA to " buy " from "underperform", citing a mix of game pipeline, push for a subscription model, expectation of FCF inflation, and low valuation ** "We see multiple catalysts ahead to tr

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p

EUROPE RESEARCH ROUNDUP-Anglo American, Nestle, Unilever May 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Anglo American, Nestle and Unilever on Thursday. HIGHLIGHTS * Anglo American AAL.L : Jefferies raises target price to 3,200p from 3,000p * DCC Plc DCC.L : HSBC raises target price to 7920p from 7170p * Marks and Spencer Group MKS.L : Jefferies raises target price to 330p from 310p * Nestle SA NESN.S : JP Morgan cuts to neu

EUROPE RESEARCH ROUNDUP-Antofagasta, Imperial Brands, Sodexo May 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Antofagasta, Imperial Brands and Sodexo, on Friday. HIGHLIGHTS * Antofagasta Plc ANTO.L : HSBC raises target price to 1,100p from 1,000p * Diploma Plc DPLM.L : Morgan Stanley raises target price to 4,700p from 3,915p * Imperial Brands IMB.L : Jefferies raises target price to 1,850p from 1,710p * OMV AG OMVV.VI : Berenb

BRIEF-Guillemot Brothers To Acquire 2.000.016 Ubisoft Shares May 16 (Reuters) - Guillemot Brothers: SIGNATURE BY GUILLEMOT BROTHERS LIMITED OF A FURTHER EXTENSION TO AN AGREEMENT FOR THE ACQUISITION OF UBISOFT ENTERTAINMENT SA SHARES TO ACQUIRE 2.000.016 SHARES Source text for Workspace: ID:nGNE72vy7R Further company coverage: GTCN.PA (Gdansk Newsr

UPDATE 2-European shares snap nine-day winning streak as Siemens weighs For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Roche gains on obesity drug results from early-stage trial 'Lacklustre' guidance, mixed FY weigh on Ubisoft shares ECB should take measured steps after June, Kazaks says BMW, Daimler Truck, BP trade ex-dividend Updated at 1620 GMT By Ankika Biswas and Johann M Cherian May 16 (Reuters) - European shares snapped a nine-d

LIVE MARKETS-STOXX: Big moves beneath a flat surface STOXX 600 down 0.1% Earnings in focus Meme frenzy fades US futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX: BIG MOVES BENEATH A FLAT SURFACE European stocks took a breather on Thursday, with the STOXX 600 .STOXX holding around parity, last down 0.1% after CPI enthusiasm the day before pushed the region-wide

BUZZ-'Lacklustre' guidance, mixed FY weigh on Ubisoft shares ** Shares in French video game maker Ubisoft UBIP.PA slump about 14%, weighed down by "lacklustre" guidance and "uneven" FY2024 results ** The group sees FY2025 solid net bookings growth, a slight increase in EBIT and a positive cash flow, which J.P.Morgan calls "lacklustre" when looking

LIVE MARKETS-European futures mixed, more earnings eyed Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN FUTURES MIXED, MORE EARNINGS EYED European shares were set to open broadly unchanged on Thursday after rising to fresh record highs the day before as renewed optimism over rate cuts in the U.S.

EUROPE RESEARCH ROUNDUP- Britvic, Energean, Pandora May 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Energean and Pandora, on Thursday. HIGHLIGHTS * Britvic Plc BVIC.L : Peel Hunt raises target price to 1100p from 1000p * Energean Plc ENOG.L : Jefferies raises target price to 1,350p from 1,250p * Pandora PNDORA.CO : Citigroup raises target price to DKK 1330 from DKK 1255 * Surgical Science Sweden AB SUSW.ST : Berenbe