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$TTWO, which has published games like Grand Theft Auto, Civilization, the NBA 2K, said that the company exceeded revenues and earnings outlook for FY16, helped by the momentum in its core offerings. Revenue from Grand Theft Auto Online grew in 4Q16 compared to the prior year quarter. Sales of WWE 2K16 game crossed 3MM units during 4Q16.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.