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Stock Market & Financial Investment News

News Breaks
March 27, 2014
08:35 EDTGMEGameStop reports Q4 EPS $1.89, consensus $1.92
Reports Q4 revenue $3.68B, consensus $3.79B. Consolidated comparable store sales increased 7.8% compared to the prior year quarter. The growth in sales and comps was driven by the successful launches of Microsoft’s Xbox One and Sony’s PlayStation 4. Q4 net earnings included goodwill and asset impairment charges of $28.7M, or 20c per diluted share, primarily due to the closure of Spawn Labs and store asset impairments. The company also recorded a non-recurring benefit of $33.6M, or 18c per diluted share, from a change in accounting estimates primarily related to redemption rates in our PowerUp Rewards and other customer liability programs
News For GME From The Last 14 Days
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February 26, 2015
10:42 EDTGMEGameStop wins bid for 150 RadioShack stores, says BofA/Merrill
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February 25, 2015
13:02 EDTGMERadioShack delays sale of stores, GameStop expresses interest, Reuters says
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February 17, 2015
09:19 EDTGMEDocument Security files patent infringement claims against Intel, others
DSS Technology Management, a subsidiary of Document Security (DSS), announced the filing of a patent infringement lawsuit against the Intel (INTC); Dell; GameStop (GME); Conn's Inc. (CONN) and Conn Appliances; NEC Corporation of America; Wal-Mart Stores (WMT) and Wal-Mart Stores Texas, and AT&T (T) in the United States District Court for the Eastern District of Texas, Tyler Division. DSS's complaint alleges infringement by Intel, Dell, GameStop (GME), Conn's, NEC, Wal-Mart, and AT&T of US Patents 5,965,924 and 6,784,552, which relate to semiconductor manufacturing.
February 13, 2015
05:36 EDTGMEJanuary NPD video game software sales rose 6%, says Piper Jaffray
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