By Leo Marchandon
(Reuters) -French video game publisher Ubisoft said on Thursday it was postponing the publication of its half-year earnings and requested Euronext suspend trading of its shares and bonds starting Friday.
The suspension will remain in place until the company publishes the delayed results “in the coming days,” Ubisoft said in a statement. A scheduled investor call on Thursday evening was also postponed.
Chief Financial Officer Frederick Duguet said in an internal memo to employees that the suspension was requested “to limit unnecessary speculation and market volatility during this short delay” as the company was “taking extra time to finalize the closing of the semester.” The company declined a Reuters request for additional comments.
Ubisoft said in July it was underta

WMBD-Radio

America News
Raw Story
The List
The Texas Tribune Crime