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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 $…

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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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  7. 4,800