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Stock Market & Financial Investment News

News Breaks
January 30, 2013
11:11 EDTGME, NTDOYWii 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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April 15, 2014
10:31 EDTGMEGameStop to host two day investor day
Two day investor day will be held in Dallas on April 21 at 7 pm and on April 22 at 9 am. Webcast Link
April 4, 2014
10:02 EDTGMEOn The Fly: Analyst Upgrade Summary
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09:13 EDTGMEOn The Fly: Pre-market Movers
HIGHER: Mylan (MYL), up 6.8% after report of desire to buy Swedish rival Meda, which confirmed it had been in talks with Mylan but rejected the company's takeover offer. Shares of Mylan were also upgraded to Buy this morning at Citigroup... Mercury Systems (MRCY), up 8.8% after Reuters said Boeing (BA) is considering a takeover bid of the supplier..Micron (MU), up 3% after reporting earnings and revenue that topped expectations... Align (ALGN), up 6% after winning patent case against ClearCorrect... GameStop (GME), up 2.8% following upgrade at BofA Merrill Lynch... Potbelly (PBPB), up 4.6% after upgrade at William Blair.... SYNNEX (SNX), up 18.5% after earnings report. LOWER: CarMax (KMX), down 3.3% after reporting earnings and revenue that fell below expectations... Halozyme (HALO), down 33% after announcing temporary halt of Phase 2 trial enrollment for PEGPH20... Ocean Power (OPTT), down 15% after 3.8M share Spot Secondary priced at $3.10.
06:12 EDTGMEGameStop upgraded to Buy from Neutral at BofA/Merrill
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April 3, 2014
08:28 EDTGMEChecks indicate GameStop won't be threatened by Wal-Mart, says BB&T
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