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Konami Corporation (KNM)
Shares Fall After Delaying Release of `Metal Gear...
Shares Fall After Delaying Release of `Metal Gear...
bloomberg - November 1, 2007
Submitted by pilias_simber (122) at 7:59AM PST on November 1, 2007
Konami Corp., the Japanese maker of the ``Metal Gear Solid'' espionage action game, fell the most in almost four years in Tokyo trading after the company's delay of the latest installment prompted concerns earnings growth may slow.
Konami shares fell 6.8 percent to 3,160 yen at the 11 a.m. break on the Tokyo Stock Exchange, while the benchmark Nikkei 225 Stock Average gained 0.8 percent. Shares of Tokyo-based Konami had the largest drop since Dec. 8, 2003.
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