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Zynga Inc

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  • April 8- Zynga Inc said Chief Executive Don Mattrick resigned and founder Mark Pincus will return to lead the social gaming company as it tries to come up with new games to match the popularity of "FarmVille". Zynga's share price has been below $5 for more than a year owing to a failure to develop games as popular as "FarmVille," as well as the rise of mobile gaming rivals...

  • He's back: Mark Pincus returns to Zynga as CEO Wednesday, 8 Apr 2015 | 4:49 PM ET

    NEW YORK— Mark Pincus is back as CEO of Zynga, the struggling online game company he founded in 2007.. The San Francisco company says Mattrick is out as CEO and as a board member and Zynga employee, effective Wednesday. Zynga is best known for games such as "FarmVille" and "Words With Friends."

  • Zynga CEO resigns, founder Mark Pincus steps in Wednesday, 8 Apr 2015 | 4:18 PM ET

    April 8- "FarmVille" creator Zynga Inc said Chief Executive Don Mattrick resigned effective Wednesday.

  • Zynga founder reclaims CEO role amid turnaround Wednesday, 8 Apr 2015 | 4:06 PM ET
    Mark Pincus, chairman and chief executive officer of Zynga Inc., speaks during an event at Zynga Inc. headquarters in San Francisco, California, U.S.

    Zynga founder Mark Pincus, who led the company through a high-profile IPO and then a public crash, has returned to the role of CEO.

  • Most active Nasdaq-traded stocks Wednesday, 8 Apr 2015 | 2:04 PM ET

    Apple Inc. fell. 3 percent to $125.60 with 36,381,700 shares traded. Applied Materials Inc. rose 1.8 percent to $22.38 with 17,730,800 shares traded. Cisco Systems Inc. rose. 6 percent to $27.55 with 18,464,300 shares traded.

  • Midday Glance: Internet companies Wednesday, 8 Apr 2015 | 2:03 PM ET

    eBay fell$. 16 or. 3 percent, to $56.93. Google Inc class A rose $5.33 or 1.0 percent, to $550.19. Groupon Inc. rose$. 04 or. 6 percent, to $7.23.

  • Early Glance: Internet companies Wednesday, 8 Apr 2015 | 12:57 PM ET

    eBay rose$. 36 or. 6 percent, to $57.44. Google Inc class A rose $4.69 or. 9 percent, to $549.55. Groupon Inc. rose$. 01 or. 1 percent, to $7.20.

  • "We look for companies that have solid employee rankings and want to buy companies that have improvements in employee opinions," said Paul Ebner, a portfolio manager and member of BlackRock's scientific active equity group, a team of quantitative managers. At BlackRock, which has more than $4.65 trillion in assets, the company's 77- member quantitative team...

  • "We look for companies that have solid employee rankings and want to buy companies that have improvements in employee opinions," said Paul Ebner, a portfolio manager and member of BlackRock's scientific active equity group, a team of quantitative managers. At BlackRock, which has more than $4.65 trillion in assets, the company's 77- member quantitative team...

  • Energy value stock. Top 5 Street ideas this week Thursday, 2 Apr 2015 | 4:55 PM ET
    A trader works on the floor of the New York Stock Exchange.

    CNBC Pro highlights the five best strategy notes that came across our desk this week.

  • March 26- Zynga Inc must face a lawsuit that accuses the gaming company known for its "FarmVille" game of defrauding shareholders about its prospects before and after its December 2011 initial public offering. District Judge Jeffrey White in San Francisco said on Wednesday that shareholders could pursue claims that Zynga concealed declining user activity,...

  • Zynga must face lawsuit alleging fraud tied to IPO Thursday, 26 Mar 2015 | 10:47 AM ET

    March 26- Zynga Inc must face a lawsuit accusing the online gaming company known for "FarmVille" of defrauding shareholders about its prospects before and after its December 2011 initial public offering. District Judge Jeffrey White in San Francisco on Wednesday said shareholders could pursue claims that Zynga concealed declining user activity, masked how...

  • Facebook Messenger hits 600M monthly active users Wednesday, 25 Mar 2015 | 10:53 AM ET
    Facebook, Messenger and Instagram apps displayed on a smartphone

    Facebook Messenger has amassed more than 600 million monthly active users, as CEO Mark Zuckerberg seeks to dominate the newest mobile battleground.

  • UPDATE 1-Clash of Clans maker Supercell doubles profit Tuesday, 24 Mar 2015 | 2:20 PM ET

    HELSINKI, March 24- Finnish mobile game maker Supercell tripled sales and doubled core profit last year on the back of hit titles Clash of Clans, Hay Day and Boom Beach, the company said on Tuesday. The Helsinki- based business, which is majority owned by Japan's Softbank, said operating profit rose to 515 million euros from 243 million in 2013, while revenue jumped...

  • One-time Internet darling's big bet for a turnaround Thursday, 5 Mar 2015 | 9:00 AM ET
    Torsten Reil, CEO of NaturalMotion

    Zynga is giving the world its first glimpse of action game "Dawn of Titans," which the company is counting on to revive sales growth.

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks closed at highs on Friday, with the S&P 500 setting a new record as firming oil prices sent the energy sector higher.

  • BTIG: Zynga CEO's gotta go   Friday, 13 Feb 2015 | 11:44 AM ET
    BTIG: Zynga CEO's gotta go

    Rich Greenfield, BTIG analyst, discusses the reasons why Zynga must replace its CEO, Don Mattrick. The company keeps making the same mistakes over and over again, he says.

  • Early movers: GPS, ANF, VFC, DTE, CAG & more Friday, 13 Feb 2015 | 7:54 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Feb 12- The fickleness of the gaming industry was on full display in the earnings reports of "FarmVille" creator Zynga Inc and "Candy Crush" maker King Digital Entertainment Plc. Zynga's shares fell 10 percent while King Digital's soared 18 percent in extended trading on Thursday after the companies reported contrasting fortunes in a key industry metric.

  • Feb 12- "FarmVille" creator Zynga Inc reported lower-than-expected quarterly bookings as releases such as "New Words with Friends" failed to excite gamers. Zynga reported bookings of $182.4 million for the fourth quarter. Zynga forecast an adjusted loss of 3- 2 cents per share and revenue of $155 million- $165 million for the first quarter ending March 31.