Sony Ord Stock News

Sony stock is down around 10% following the news that Microsoft plans to acquire Activision Blizzard.

Yahoo Finance's Ines Ferre discusses how Sony is planning to buy video game maker Bungie.

Sony is acquiring Bungie, the video game studio that created hit franchises such as "Halo" and "Destiny," in a $3.6 billion deal that further centralizes the rapidly consolidating game industry.

Sony Group Corp (NYSE: SONY) subsidiary Sony Interactive Entertainment on Monday announced plans to acquire independent video game developer Bungie for $3.6 billion. What To Know: Sony aims to g

The move is the latest in a string of big gaming deals, following Microsoft's blockbuster acquisition of Activision and Take-Two Interactive's purchase of Zynga.

SONY stock is climbing today after the company announced it was acquiring Bungie in another sign of video game consolidation. The post SONY Stock Alert: 7 Things to Know as Sony Buys Bungie in MAJOR D

Sony is buying prominent video game developer Bungie for $3.6 billion – a blockbuster deal that underscores the intense competition between the PlayStation maker and its chief rival, Microsoft.

Sony (NYSE: SONY) announced it is buying Bungie for $3.6 billion. These are the details.

Bungie developed Destiny and Halo while sale comes after Microsoft's $69bn acquisition of Activision Blizzard

In the latest episode of “The Console Wars,” Sony Corp. is reported to be acquiring videogame publisher Bungie.

Key Events This Week: ECB, BOE, Payrolls, Euro CPI And Earnings Galore It''s a relatively busy week with several key central bank announcements, notably from the ECB and BOE, as well as European CPI updates and the US payrolls report on Friday. Starting with the ECB, Deutsche Bank economists now expect a policy rate liftoff in December 2022 of 25bps, a view apparently shared by the market this morning. Theyre also anticipating a faster pace of tightening, with 25bp hikes in the deposit rate per quarter from December 2022, until rates reach +0.5% in September 2023. In terms of what it means for this February meeting, they write in their preview that they expect the slow, step-by-step pivot to exit will continue. Their view is that President Lagarde will reiterate the ECBs capacity to act once the inflation criteria in the rates guidance are met, whilst at the same time differentiating the needs of the Euro Area from the US. The other central bank decision that day is from the Bank of England, where expectations are for the BoE to follow up their December rate hike with another 25bps increase, taking the Bank Rate to 0.5%.

Bungie, the Bellevue, Wash.

Sony is jumping into the video-game-making M&A fury.

Continuing the ongoing crush of gaming M&A, Sony Interactive Entertainment said it's agreed to buy Bungie, an independent videogame developer and longtime Sony partner behind the Halo and Destiny fran

Bungie, the Bellevue-based game developer that originally developed the Halo franchise that defined Microsoft's Xbox platform, has agreed to be acquired by the Sony, maker of the competing PlayStation