‘Skylanders,’ ‘Call of Duty’ Sales Lift Activision

Feb. 7 (Bloomberg) -- Activision Blizzard said fourth-quarter net income more than tripled, beating analysts’ estimates on gains from the latest “Skylanders” and “Call of Duty” titles. Emily Chang reports on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
VW Faces Costly Fixes as it Seeks to Cut Spend
30:09 - Volkswagen AG Chief Executive Officer Matthias Mueller said the company will delay or cancel non-essential projects as pressure mounts to slash spending in the wake of the diesel-emissions scandal. Fixing about 11 million rigged diesel vehicles is a costly prospect. The 6.5 billion euros ($7.29 billion) Volkswagen already set aside for repairs won’t be enough to cover fines and potential legal damages as well, Mueller said. The company is exploring options from a simple software upgrade to outright replacing some cars. Fines may reach $7.4 billion in the U.S. alone, according to analysts from Sanford C. Bernstein Ltd.
  • Goldman’s Daly Says EU Likely to Remain Resilient
  • Is Tesco Cannibalizing Itself?
  • House Building Tops Conservative Party Conference