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Stock Market & Financial Investment News

News Breaks
March 18, 2014
11:14 EDTWMT, BBY, GME, TGTGameStop sell-off a buying opportunity, says Piper Jaffray
Piper Jaffray views today's sell-off in shares of GameStop (GME) as a buying opportunity. Piper thinks Wal-Mart's (WMT) entrance into the used game space will be immaterial to GameStop's used business. It notes that other retailers, such as Best Buy (BBY) and Target (TGT), attempted to enter the used game business with little-to-no success.
News For GME;WMT;TGT;BBY From The Last 14 Days
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March 24, 2015
08:45 EDTGMEGameStop should be bought on any guidance-related weakness, says Oppenheimer
Oppenheimer believes that GameStop's stock may fall when it provides its 2015 guidance after the close on Thursday, as the firm believes that the stronger dollar may weigh on the company's EPS somewhat, while the company may look to issue beatable guidance. The firm says that video game data has been positive recently, while the stock's valuation is "accomodative." It keeps an Outperform rating on the name.
07:27 EDTBBYTelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
March 23, 2015
06:57 EDTWMTWal-Mart, Trinity church courtcase scheduled for April 8, WSJ says
A U.S. appeals court on April 8 will decide whether Wal-Mart shareholder Trinity church can force the company to hold a shareholder vote on gun sales, reports the Wall Street Journal. Wal-Mart maintains that what it chooses to sell in its stores is a matter of "regular business" and is not subject to shareholder review. Cornell law professor Lynn Stout and three dozen of her peers have submitted friend of the court briefs to support Trinity, which won an initial case against Wal-Mart in November. Reference Link
March 22, 2015
18:22 EDTWMTWal-Mart shareholders allowed to vote for independent chairman, Reuters says
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March 20, 2015
07:37 EDTGMEGameStop should be bought if pulls back after Q4 report, says RW Baird
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March 19, 2015
08:43 EDTGMEGameStop March weekly volatility elevated into Q4 and outlook
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07:17 EDTTGTStephens to hold a conference
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06:36 EDTTGTTarget settles class action lawsuit over data breach, Reuters reports
Target agreed to pay $10M to settle a class action lawsuit related to its 2013 data breach, according to Reuters. Under the settlement, which must be approved by a federal judge, the retailer also agreed to implement data security measures, including hiring a chief information security officer, the news service stated. Reference Link
06:28 EDTWMTWal-Mart's Walmex unit to expand more slowly this year, Reuters reports
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March 18, 2015
17:42 EDTTGTTarget to increase minimum wage paid to $9 per hour in April, WSJ says
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15:56 EDTTGTTarget to increase minimum wage paid to $9 per hour in April, Dow Jones says
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12:26 EDTTGTTarget unveils extended one-year return policy
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09:36 EDTWMTActive equity options trading on open
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March 17, 2015
10:59 EDTBBYBest Buy calls active on activist investor speculation
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10:54 EDTBBYRumor: Best Buy moves up on activist investor speculation
Shares of Best Buy are moving higher amid speculation Carl Icahn may have acquired a stake in the company.
09:05 EDTTGT, BBYMicrosoft Band now available at Best Buy, Target, Amazon, Re/code reports
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March 16, 2015
06:16 EDTWMTWal-Mart to sell Tide rival Persil in stores, WSJ reports
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March 13, 2015
11:37 EDTTGTTarget to close first Canadian stores next week, Globe and Mail reports
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07:49 EDTGMEVideo game hardware sales up 10% in February, software up 7%, Game Informer says
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05:42 EDTGMEFebruary video game software sales rose 7%, says Piper Jaffray
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