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Stock Market & Financial Investment News

News Breaks
January 23, 2014
06:38 EDTGMEGameStop investor concerns over software sales overdone, says Piper Jaffray
Piper Jaffray believes concerns surrounding the weak holiday software sales are overdone. The firm expects sales to pick-up beginning in Q4 of 2014 and reiterates an Overweight rating on shares of GameStop with a $55 price target.
News For GME From The Last 14 Days
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July 17, 2015
09:17 EDTGMEGameStop completes Geeknet acquisition
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05:51 EDTGMEJune NPD video game software sales rose 21%, says Piper Jaffray
Piper Jaffray notes June NPD video game software sales were up 21% year-over-year, driven by Batman: Arkham Knight from Warner Bros. Piper remains positive on the group and keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO).
July 16, 2015
13:22 EDTGMEBest Buy purchase of GameStop unlikely, says Oppenheimer
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11:52 EDTGMEGameStop call activity attributed to takeover speculation
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11:47 EDTGMERumor: GameStop strength attributed to takeover speculation
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July 14, 2015
09:01 EDTGMEGameStop announces expiration of tender offer for Geeknet shares
GameStop Corp. (GME) announced the expiration of its tender offer to purchase all outstanding shares of Geeknet, Inc. (GKNT) for $20.00 per share in cash. The Offer expired at 11:59 p.m. ET on July 13, 2015. As of the expiration of the Offer, a total of 5,924,736 shares were validly tendered and not withdrawn in the Offer, representing 86.39% of Geeknetís outstanding shares, according to the depositary for the Offer. All conditions to the Offer having been satisfied, GameStop will accept for payment, and pay for by deposit of the Offer Price for such shares with the depositary for the Offer on July 17, 2015, all shares validly tendered into the Offer.

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