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Stock Market & Financial Investment News

News Breaks
November 28, 2012
05:58 EDTWD, TROW, XLS, GMEInvestors want more time to speak with CEOs, WSJ reports
Investors considering large stakes in a company are demanding more time to speak with CEO's, giving them better insight into a firm's strategy and prospects, reports the Wall Street Journal. For CEO it's an obligation, they say, that's leaving them with less time to run their companies. Yet new research suggests that those with direct access to a company's C-suite tend to make better decisions timing stock purchases. Reference Link
News For GME;TROW;WD;XLS From The Last 14 Days
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June 29, 2015
10:04 EDTTROWHigh option volume stocks
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June 26, 2015
10:00 EDTTROWOn The Fly: Analyst Upgrade Summary
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06:26 EDTTROWT. Rowe Price upgraded to Positive from Neutral at Susquehanna
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June 24, 2015
15:53 EDTGMESunTrust identifies the most likely M&A activity in specialty retail
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11:11 EDTGMEAnalyst says Best Buy shares poised to rise
Best Buy's (BBY) stock is poised to advance after the company reports its second quarter results, research firm B. Riley predicted. WHAT'S NEW: Best Buy's forecast for increased margins in the second half of the year, along with easing comparisons, should cause the stock to rise, predicted B. Riley in a note to investors earlier today. The shares will be particularly well-positioned to climb after the company updates its guidance following its Q2 results, the firm believes. Best Buy's initiatives should help increase its revenue and profits heading into fiscal 2017 and the retailer can continues to increase its market share at the expense of Sears (SHLD), RadioShack and others. Additionally, macro economic trends remain favorable for Best Buy and its key product categories continue to perform well, according to B. Riley. The firm, which is particularly confident about the company's ability to beat Q4 consensus estimates, keeps a $47 price target on the name and reiterates a Buy rating on the shares. WHAT'S NOTABLE: In their own note to investors this morning, SunTrust analysts David Magee and D. Mitch Van Zelfden speculated on potential M&A activity in the specialty retail space, noting that "Wall Streetís appetite for acquisitions has strengthened recently." In their opinion, Best Buy acquiring GameStop (GME) is among the "most compelling relationships" in the sector, the note explained. PRICE ACTION: In mid-morning trading, Best Buy slid 0.4% to $34.72, while GameStop rose 1.3% to $44.92.
10:36 EDTGMEElectronic Arts advances after analysts positive on E3 showing
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June 23, 2015
17:20 EDTGMEGameStop backs FY15 EPS view $3.63-$3.83, consensus $3.87
Backs FY15 revenue growth view on negative 1% to 4%. Full year comparable store sales are still expected to range from +1.0% to +6.0%.
17:16 EDTGMEGameStop backs Q2 EPS view 21c-25c, consensus 24c
Backs Q2 revenue growth view of negative 3% to flat; Backs Q2 SSS view of range from flat to +3.0%. Guidance from company slides presentation.
June 19, 2015
07:51 EDTGMEGameStop CFO says 'blown away' by Microsoft virtual reality demonstration
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June 16, 2015
19:47 EDTGMEXbox chief says digital game sales 'really strong,' WSJ reports
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07:00 EDTWDWalker & Dunlop management to meet with JMP Securities
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