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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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October 24, 2014
12:30 EDTGMEGameStop November calls active
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October 17, 2014
09:00 EDTGMEGameStop management to meet with SunTrust
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05:39 EDTGMESeptember NPD video game software sales fell 36%, says Piper Jaffray
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October 15, 2014
10:11 EDTGMEGameStop expands layaway program for 2014 holiday season
GameStop announced that it will expand its 2014 holiday layaway program to include more products. In addition, through its new PowerUp Rewards credit card, GameStop is offering special financing. For a limited time, PowerUp Rewards Pro credit cardholders will receive zero percent interest on purchases of $500 or more for six months, GameStop announced.
09:40 EDTGMEGameStop upgraded to Neutral from Underperform at Hilliard Lyons

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