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Stock Market & Financial Investment News

News Breaks
February 6, 2013
11:08 EDTGME, MSFT, SNEGameStop falls after report says next Xbox may block used games
Shares of video game retailer GameStop (GME) are lower following a report that suggests the next version of Microsoft's (MSFT) Xbox video game system may include technology that will prohibit the resale of used game discs. The upcoming iteration of the Xbox will use activation codes in conjunction with physical discs, "ruling out a second-hand game market for the platform," according to a report from the video game blog Edge-Online. Note that on January 3 tech blogs reported that Sony (SNE) patents suggest the company may eliminate the ability to play pre-owned games on its upcoming PS4 system and weakness in GameStop shares, which were down about 5% that day, was attributed to those reports. In morning trading today, GameStop is down $2.08, or 7.76%, to $24.73.
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May 23, 2013
17:54 EDTMSFTGoogle loses bid to block imports of Xbox One, Bloomberg says
The ITC ruled that Microsoft's (MSFT) new Xbox One does not infringe patents held by Google's (GOOG) Motorola Mobility unit, preventing Google from getting imports of Xbox One to the U.S. blocked, reports Bloomberg. Reference Link
17:11 EDTMSFTGoogle loses bid to block U.S. imports of Microsoft's Xbox, Bloomberg reports
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16:50 EDTGMEGameStop CEO says digital, mobile supplementing decline in console business
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14:46 EDTGME, MSFTGameStop reported solid Q1 results but uncertainty remains, says Piper Jaffray
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11:51 EDTGME, MSFTGameStop says 'lots of rumors' out there about Microsoft Xbox One
GameStop says company, customers excited about Xbox One.
11:38 EDTGME, SNE, MSFTGameStop 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 EDTGME, MSFT, SNEGameStop believes next-gen consoles will have lower price points than last cycle
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11:09 EDTMSFT, GME, SNEGameStop 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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08:31 EDTMSFTMicrosoft increasing cloud services in Japan, WSJ reports
In Japan, Microsoft is expanding capacity for its Windows Azure cloud computing services for businesses, as it bets on growing corporate IT spending in the country, reports the Wall Street Journal. Reference Link
07:41 EDTMSFTLenovo warns of tough first half but sees late year boosted by Win8, FT says
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06:30 EDTMSFTMicrosoft Windows 8 may take up 5%-8% of global tablet shipments, DigiTimes says
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06:04 EDTSNEApple hoping to launch music service at June conference, NY Post reports
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05:45 EDTMSFTBig companies remove subsidiaries based on SEC disclosure rules, WSJ reports
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May 22, 2013
14:27 EDTSNEcomScore says Google Sites lead April U.S. online video rankings
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12:25 EDTGMEStocks with call strike movement; GME REGN
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