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Stock Market & Financial Investment News

News Breaks
January 7, 2013
11:28 EDTGMEGameStop mentioned cautiuosly ahead of tomorrow's sales report at Piper Jaffray
Piper Jaffray's checks indicate weak Nintentdo Wii U sales will not help Gamestop's hardware sales offset relative weakness in software. The firm believes holiday comps will range between (1%) and 3% and that any number below (1%) will likely pressure shares. The firm rates shares a Neutral with a $24 price target.
News For GME From The Last 14 Days
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April 17, 2015
07:15 EDTGMEMarch NPD video game software sales declined 3%, says Piper Jaffray
Piper Jaffray notes March NPD video game software sales declined 3% year-over-year, with major titles for the month including Electronic Arts' (EA) Battlefield Hardline, Bloodborne from Sony (SNE) and Take-Two's (TTWO) Grand Theft Auto V. Piper notes the monthly decline is the first in 2015, leaving the segment up 2% through the first three months combined. It keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts, GameStop (GME) and Take-Two.
April 16, 2015
07:21 EDTGMEGameStop estimates raised on stronger industry software sales at SunTrust
SunTrust says that video game software sales have finally turned positive, and the firm expects industry software sales to increase 3%-5% this year, given the momentum of the new hardware cycle and a better title lineup versus last year. SunTrust keeps a Buy rating on GameStop.
April 13, 2015
15:16 EDTGMEGameStop management to meet with Piper Jaffray
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