Biz

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Financial briefs

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Stock of Atari Corp. rose 11% Friday after media giant Time Warner Inc. bought an additional 2% stake in the multimedia entertainment company for $ 12. 75 million. Atari stock closed up 75 cents at $…

Marketplace

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CL books: Sacre bleu!

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Credit Lyonnais, the longtime film industry banker and owner of MGM/UA, reported a massive 6.9 billion francs ($ 1.2 billion) loss for 1993 and warned Thursday that it will not be developing new…

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Cinar seeks Nasdaq listing

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Cinar Films Inc. said Thursday that it was filing a registration statement with the U.S. Securities & Exchange Commission to list the company's common shares on the Nasdaq stock market.

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EC previews Green Paper

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European Commission audiovisual chief Joao de Deus Pinheiro has given a sneak preview of his strategy for restructuring the European Union's troubled audiovisual industry -- due to be released in…

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Euro Disney banks show concern

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Some Euro Disney bank lenders are concerned their senior rankings could suffer if they take part in underwriting the 6 billion franc rights issue as part of a debt restructuring for the theme park, a…

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