December 19, 1997 |
Broderbund Software Inc. shares fell more than 15% after its latest earnings report raised concern that the software company is too reliant on its new Riven game. Broderbund shares fell $5.25 to close at $28.50 on Nasdaq. The company on Wednesday reported stronger-than-expected earnings, though most of the gains were from its Riven fantasy game. Sales of educational software fell 12%, making Riven sales more important to Broderbund's future, analysts said.
March 6, 1997 |
Broderbund Software Inc. stock plunged 24% after the software maker said fiscal second-quarter earnings won't meet Wall Street estimates because it cut prices to stimulate sales. Shares of Broderbund fell 7 3/8 to 23 1/8, making it the seventh-biggest percentage decliner on U.S. markets. The maker of such software titles as "Where in the World is Carmen Sandiego" and "Myst" is suffering because it was forced to cut prices to try to keep up with aggressive competitors like Microsoft Corp.
November 16, 1996 |
The long-awaited follow-up to Myst, the biggest-selling entertainment software title of all time, won't be released for months, but the first images of the CD-ROM will make their official debut Monday at the giant Comdex trade show in Las Vegas.
August 26, 1996
With thousands of titles out there, it can be a daunting experience to augment a collection of educational software with the confidence that you've made the right choices. If you consider these stellar titles first, you'll be certain to make at least a few picks that both you and your child will be happy with.
December 5, 1995 |
SoftKey International Inc. raised its hostile takeover bid Monday for computer software maker Learning Co. to about $606 million, topping a friendly offer by Broderbund Software Inc. by about 8%. SoftKey, which also raised the rhetoric in its battle with Broderbund, said it is offering to buy slightly more than 8.59 million shares of Learning Co. for $65 a share in cash and will swap its stock for any remaining Learning Co. shares.
May 4, 1994 |
In the eeny-meeny-miny-mo game of collapsing media mergers, the Electronic Arts-Broderbund Software deal is today's "it." The two interactive software developers, based in San Mateo and Novato, respectively, had agreed in November to merge in a stock swap then valued at $400 million. But, as if playing copycat with their bigger media siblings, they called off the deal Tuesday, citing recent stock price declines and a disagreement over their relative worth.