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Stock Market & Financial Investment News

News Breaks
February 19, 2013
08:33 EDTGMEGameStop board approves 10% increase of annual dividend to $1.10 per share
GameStop announced its board of directors approved a 10% increase of its regular annual dividend to $1.10 per share. The company also announced the declaration of its regular quarterly dividend of 27.5c per share payable on March 19, 2013 to all shareholders of record as of March 5, 2013.
News For GME From The Last 14 Days
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July 22, 2014
12:42 EDTGMEGameStop teases 'big announcement' for tomorrow
On its official corporate Twitter feed, GameStop announced it has a "Big announcement coming tomorrow" along with a pixelated obscured image. Reference Link
July 18, 2014
07:22 EDTGMETotal June video game sales up 24%, spending on games down 3%, VentureBeat says
Sales of physical video game products, including consoles, games and accessories, rose 24% from the same month of last year to $736.4M in the U.S. in June, reported VentureBeat, citing NPD Group data. Spending on games slid 3% year-over-year to $286.8M, the report noted, with NPD stating that sales of launch titles this June "did not compare favorably" to those launched in 2013. The report also noted that PS4 again outsold Xbox One in the month. Publicly traded companies in the video game space include Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME), Take-Two (TTWO), Sony (SNE) and Microsoft (MSFT). Reference Link
06:38 EDTGMEJune NPD video game software sales fell 3%, says Piper Jaffray
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July 17, 2014
09:27 EDTGMEGameStop valuation compelling, says BofA/Merrill
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July 15, 2014
11:35 EDTGMEGameStop management to meet with BB&T
Meetings to be held in New York July 22-23 hosted by BB&T.
July 13, 2014
15:54 EDTGMEGameStop, TJX, Staples, three other retailers look cheap, Barron's says
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July 11, 2014
06:33 EDTGMEGameStop CEO says retailer won't mess with creative direction, CNet reports
GameStop CEO Paul Raines said the company will not tamper with the creative direction, reports CNet. The company, however, is in the early stages of talking with game publishers about funding exclusive game content for customers. Reference Link

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