Newzoo: Nintendo could reap billions from subscriptions, digital sales, and mobile

Nintendo had spectacular growth in 2017, with revenues growing 172 percent to $ 9.2 billion from a year earlier. That’s good enough to push the Japanese publisher and hardware maker into the top 10 gaming companies by software revenues after a three-year absence from the list, according to market researcher Newzoo. But Newzoo estimates that […]

Party like it’s 2014: Russian oil drillers reap profits not seen since days of $100 crude

Though current oil prices are still far from their peak of four years ago, Russian drillers are having best start to the year since 2015. And the key reason for that is the relatively-weak national currency. Stocks in Russian energy companies have started the year with impressive growth thanks to increased prices for crude futures […]

WALL STREET PAYDAY: Banks could reap $100 million from the Discovery-Scripps deal (DSCA, SNI, JPM, GS)

Thomson Reuters Several Wall Street banks are set to split a $ 100 million payday from the deal between cable channel operators Discovery Communications and Scripps Networks Interactive. Discovery, which owns channels like Animal Planet and Discovery Channel, said Monday it will pay $ 14.6 billion to acquire Scripps, adding HGTV, Travel Channel, and Food Network to its […]