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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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September 25, 2014
08:02 EDTGMEGameStop nearly doubles seasonal hiring efforts for 2014 holiday season
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September 24, 2014
07:30 EDTGMEB. Riley to hold a tour
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