Take-Two Interactive Software
shares fell nearly 19% in after-hours trading Monday after the video-game company said it had
received grand jury subpoenas from the New York County district attorney's office.
The D.A. is requesting documents relating to the company's officers and directors' knowledge of hidden scenes in
Grand Theft Auto: San Andreas
, the latest iteration of its core game franchise. Take-Two acknowledged last July that hidden inside the video game was a minigame that allowed players to manipulate characters to perform explicit sex acts.
The company said the D.A.'s office was also seeking materials related to the company's submission to the industry rating board, as well as other corporate disclosures, including the termination of its auditors. Take-Two said it has not been advised that it or any specific individual is a target of the investigation. The company said it is cooperating and providing the requested documents. Shares fell $2.43, to $10.44, in after-hours trade Monday.
Home Solutions of America
stumbled after the Dallas-based home rebuilder and remodeler said there will be a delay in listing its stock on the
national market, due to the time it will take Nasdaq to review additional information the company provided last week. In the interim, the company's common stock will continue to trade on the American Stock Exchange.
Home Solutions is facing a shareholder lawsuit alleging that the company made false and misleading statements and material omissions to push up the price of its stock. The company denied the allegations. Shares slipped 42 cents, or 6%, to $6.55 recently.
advanced after the Brampton, Canada-based natural and organic food company said it entered into an exclusive licensing arrangement with Germany-based
for the sales, marketing and distribution of Mikro-Technik's wheat and bamboo fibers, and its powdered cellulose products in North America. The products will be marketed under the SunOpta brand name.
Also, SunOpta said sales of the its SunOpta Soy Fiber S-200 are well ahead of expectations, and it's expanding production capabilities at its Cedar Rapids, Iowa, fiber facility. In addition, sales of oat-fiber products in both domestic and international markets are growing as the company expands its global sales, distribution and support capabilities. As a result, capacity is also being increased by several million pounds, or 15%, at SunOpta's Louisville, Ky., facility. Shares gained 78 cents, or 8.6%, to $9.85 recently.
gained after the Nelsonville, Ohio-based footwear company said it had been appointed by Michelin Footwear to produce, market and distribute a line of footwear in North America under the Michelin brand name.
"We believe that with our history of producing top quality, innovative footwear, coupled with our strong operating platform and sourcing capabilities, we can develop a line of footwear products that echo Michelin's standard of excellence," Mike Brooks, chairman and CEO, said in a statement. Shares gained $1.61, or 7.7%, to $22.48 recently.