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Stock Market & Financial Investment News

News Breaks
January 30, 2013
11:11 EDTNTDOY, GMEWii U weakness largely priced into GameStop, says Piper Jaffray
Piper Jaffray notes that Nintendo (NTDOY) this morning announced the sale of 3.06M Wii U consoles through December 2012, but said it expects only an additional 1M units sold for the March quarter. To reflect lower hardware sale assumptions, Piper lowered its FY13 earnings estimate for GameStop (GME) to $3.27 from $3.30. However, the firm believes lower than expected Wii U expectations are largely priced into GameStop shares at current levels. The firm keeps a Neutral rating on the stock.
News For GME;NTDOY From The Last 14 Days
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February 2, 2016
05:40 EDTNTDOYNintendo backs FY16 operating income Y50B, net income per share Y291.35
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05:39 EDTNTDOYNintendo reports nine-month operating income Y42.49B vs. Y31.60B last year
Reports nine-month revenue Y425.66B vs. Y442.92B last year. Reports nine-month ordinary income Y55.30B vs. Y92.36B last year. Reports nine-month profit attributable to owners of parent Y40.56B vs. Y59.52B last year. Reports nine-month net income per share of Y337.64 vs. Y502.78 last year. Reports total assets as of December 31, 2015 was Y1.41M.
February 1, 2016
11:06 EDTGMENasdaq investigating potentially erroneous transactions in GameStop
NASDAQ MarketWatch announced in a Trading Alert that it is investigating potentially erroneous transactions involving the security Gamestop executed between 09:23:00 and 09:24:00 ET today. Reference Link
January 25, 2016
09:44 EDTGMEGameStop management to meet with Oppenheimer
Meeting to be held in Boston on January 28 hosted by Oppenheimer.

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