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Stock Market & Financial Investment News

News Breaks
August 31, 2012
12:04 EDTGME, EBAYGameStop may start classic game business, The Verge reports
GameStop (GME) is considering selling large amounts of older, used games,The Verge reported yesterday, citing a statement by GameStop CEO Paul Raines. There are some problems with the idea, but eBay (EBAY) seems to be selling many classic games, Raines added. Reference Link
News For GME;EBAY From The Last 14 Days
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May 24, 2013
14:07 EDTGMEMarket poised to end week lower following Fed, China data
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11:31 EDTGMEStocks with call strike movement; FSLR GME
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08:56 EDTGMEMicrosoft to receive percentage cut of Xbox One pre-owned sales, MCV says
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May 23, 2013
16:50 EDTGMEGameStop CEO says digital, mobile supplementing decline in console business
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14:46 EDTGMEGameStop reported solid Q1 results but uncertainty remains, says Piper Jaffray
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11:51 EDTGMEGameStop says 'lots of rumors' out there about Microsoft Xbox One
GameStop says company, customers excited about Xbox One.
11:38 EDTGMEGameStop sees being able to leverage buy/sell/trade model with new consoles
GameStop (GME) says in communication with Microsoft (MSFT) about how used games and resale will be handled in respect to upcoming Xbox One.
11:26 EDTGMEGameStop falls after results, levels to watch
Shares are down over 1.8% at time of writing to $35.58, but that is off earlier lows. At current price the stock is at the mid-point of the trading range for today. Support is at the low of the session so far at $34.80. Resistance is at the session high at $36.79.
11:22 EDTGMEGameStop believes next-gen consoles will have lower price points than last cycle
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11:09 EDTGMEGameStop says 'right in the middle' of opportunity presented by new consoles
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08:40 EDTGMEGameStop reports Q1 comparable store sales down 6.7%
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08:38 EDTGMEGameStop sees FY13 EPS $2.90-$3.15 vs. previous $2.75-$3.15
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08:36 EDTGMEGameStop sees Q2 EPS 1c-7c, consensus 8c
GameStop expects Q2 comparable store sales to range from down 16.0% to down 12.5%.
08:36 EDTGMEGameStop reports Q1 EPS 46c, consensus 40c
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07:13 EDTEBAYAmazon.com eBay to see little impact from sales tax reform, says Bernstein
After the Senate passed a bill that would force all online retailers to collect sales tax, Bernstein thinks the impact of such a law on Amazon's (AMZN) gross profits would be "immaterial," while the bill would reduce eBay's (EBAY) EPS by less than 1% in 2014 if it becomes law. The firm keeps Outperform ratings on both stocks.
May 22, 2013
12:25 EDTGMEStocks with call strike movement; GME REGN
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11:52 EDTGMEUncertainty surrounds GameStop after new Xbox revealed
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10:25 EDTGMEGameStop May volatility elevated at 119 on wide price movement into Q1
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08:53 EDTGMEGameStop has positive read through from Xbox launch, says Sterne Agee
Sterne Agee believes that GameStop (GME) will benefit from several aspects of the launch of the new version of Microsoft's (MSFT) Xbox, including the fact that it will accept new games and is launching this year instead of 2014 as some reports had suggested. The firm keeps a $46 price target and Buy rating on GameStop.
08:37 EDTGMEGameStop shares may rebound in the near-term, says Needham
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