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Stock Market & Financial Investment News

News Breaks
January 3, 2013
11:28 EDTGME, SNESony patent may point to pre-owned games block on PS4, Digital Spy says
Sony (SNE), which has previously distanced itself from a pre-owned sales block for its consoles, has now patented a new technology which will potentially eliminate the ability to play pre-owned games on its upcoming PS4 system, according to Digital Spy. The Fly notes that game retailers like GameStop (GME) would potentially see a revenue stream negatively impacted if Sony prevented its new system from playing used games. Reference Link
News For GME;SNE From The Last 14 Days
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May 24, 2013
08:56 EDTGMEMicrosoft to receive percentage cut of Xbox One pre-owned sales, MCV says
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06:16 EDTSNESony Mobile to extend cooperation with ODM firms, DigiTimes 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 EDTSNE, GMEGameStop 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, SNEGameStop believes next-gen consoles will have lower price points than last cycle
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11:09 EDTGME, 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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06:04 EDTSNEApple hoping to launch music service at June conference, NY Post 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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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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