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Stock Market & Financial Investment News

News Breaks
January 9, 2013
08:35 EDTGMEGameStop still well-positioned, says Sterne Agee
After GameStop reported that its same-store sales fell 4.4%, Sterne Agee expects the company to benefit from upcoming new products and its mobile and digital businesses. The firm reiterates a $30 price target and Buy rating on the stock.
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May 23, 2013
11:51 EDTGMEGameStop says 'lots of rumors' out there about Microsoft Xbox One
GameStop says company, customers excited about Xbox One.
11:38 EDTGMEGameStop 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 EDTGMEGameStop believes next-gen consoles will have lower price points than last cycle
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11:09 EDTGMEGameStop 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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May 22, 2013
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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07:12 EDTGMEGameStop may see pressure from used game uncertainty, says Piper Jaffray
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May 21, 2013
15:40 EDTGMEGameStop off lows after Microsoft says Xbox One will allow resale of games
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15:39 EDTGMEMicrosoft says Xbox One will allow resale, trade-in of games, Bloomberg says
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15:24 EDTGMEMicrosoft Xbox One seems to restrict used games, Kotaku says
Microsoft's (MSFT) Xbox One won't require an "always-on" Internet connection, but could very well block used games, Kotaku said, based on a company response given to a question posed by Wired. The Fly notes that GameStop (GME) shares are down 4.75% to $36.92 in late day trade following Microsoft's Xbox One event. Reference Link
15:17 EDTGMEGameStop at lows of session, down 3.5% to $37.42
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11:45 EDTGMEGameStop May volatility elevated at 114 on sharp two-month rally into Q1
GameStop May call option implied volatility is at 114, June is at 47, July is at 39, October is at 38; compared to its 26-week average of 39 according to Track Data, suggesting larger near term price movement into the expected release ofQ1 results on May 23.
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