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Stock Market & Financial Investment News

News For MAPP;IGT;GME From The Last 14 Days
Check below for free stories on MAPP;IGT;GME the last two weeks.
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June 18, 2013
07:42 EDTGMEMay U.S. retail video game sales fall 25%, Bloomberg reports
U.S. retail sales of video game hardware, software and accessories tumbled 25% to $386.3M this past May, with overall hardware sales down 31% from last year to $96M, reported Bloomberg citing data from NPD Group. Reference Link
05:59 EDTGMENPD video game software dropped 31% in May, says Piper Jaffray
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June 14, 2013
10:40 EDTGMEGameStop rallies close to 52-week high, levels to watch
The shares are up 4.4% $39.21 following an upgrade and price target hike earlier this morning at Oppenheimer. The firm set its recommendation at Outperform and raised its price target to $50 from $27. Resistance is at $39.87, the 52-week high. Support is at $38.59, the low of the day.
10:32 EDTGMEGameStop climbs after Oppenheimer ups rating on shares
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10:10 EDTGMEOn The Fly: Analyst Upgrade Summary
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05:53 EDTGMEGameStop upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded GameStop on expectations the upcoming launches of Xbox One and PS4 will drive sales and earnings growth. The firm raised its price target for shares to $50 from $27.
June 12, 2013
13:48 EDTGMESony backtracks on PS4 ability to play used games, CNET says
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09:57 EDTGMEGameStop falls from early highs, levels to watch
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June 11, 2013
08:23 EDTGMEE3 shows game console battle intensifies, says RW Baird
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June 10, 2013
17:38 EDTGMEGameStop now taking pre-orders for Xbox One
GameStop (GME) is now taking pre-orders on Microsoft’s (MSFT) next generation, all-in-one gaming and entertainment system, the Xbox One. Pre-orders for the Xbox One can be made at any U.S. GameStop store location or online with a $100 deposit that will be applied toward the $499 cost of the console.
June 7, 2013
14:36 EDTGMEGameStop volatility elevated on wide price movement
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12:05 EDTGMEGameStop to benefit from Microsoft used game rules, says Piper Jaffray
Piper believes that Microsoft's (MSFT) decision to allow only participating retailers to broker trade-ins of used games for the Xbox One is particularly positive for GameStop. The firm adds that Microsoft's decision to allow used games to be played on the new console without additional fees is also positive for GameStop. Piper keeps an Overweight rating on GameStop.
09:27 EDTGMEOn The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray.
June 6, 2013
18:20 EDTGMEMicrosoft says renting games not available at Xbox One launch
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12:16 EDTGMEStocks with call strike movement; GME RHT
GameStop (GME) June 34 call volatility decreased 3% to 66, Red Hat (RHT) June 50 call option implied volatility increased 5% to 66 according to IVolatility.
11:09 EDTGMEGameStop management to meet with BB&T
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June 4, 2013
08:33 EDTIGTInternational Game announces 50% dividend increase to 9c
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