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GameStop Corp

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  • Geeknet ends deal with Hot Topic, takes GameStop offer Tuesday, 2 Jun 2015 | 10:06 AM ET

    GRAPEVINE, Texas— Geeknet, parent company of ThinkGeek and ThinkGeek Solutions, has ended its agreement to be purchased by Hot Topic so it can accept a higher bid from video game retailer GameStop. Geeknet Inc. announced Tuesday that GameStop will pay $20 per share, or about $134.6 million. Geeknet said Tuesday that after talks with GameStop and Hot Topic, its...

  • GameStop and Greif are big market movers Friday, 29 May 2015 | 4:45 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. GameStop Corp., up $2.49 to $43.41. Greif Inc., down $3.57 to $38.19.

  • GameStop profit beats on sales of Mortal Kombat X Friday, 29 May 2015 | 7:09 AM ET
    Pedestrians pass in front of a GameStop store in New York

    GameStop reported better-than-expected profit, helped by sales of new releases such as "Mortal Kombat X" and "Evolve" and an increase in downloads.

  • NEW YORK— Stocks sank Friday following news that the U.S. economy shrank in the first three months of the year. A Chicago manufacturing survey fell to 46.2, well below the 53 that economists were anticipating, and a measure of consumer sentiment fell to a six-month low in May. Along with the disappointing economic data, investors continued to watch developments...

  • After-hours buzz: GameStop, Deckers & more Thursday, 28 May 2015 | 5:18 PM ET
    Traders work the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Thursday: Ulta Salon, GameStop, Deckers & more.

  • May 28- GameStop Corp reported better-than-expected quarterly profit and revenue, helped by strong sales of new releases such as "Evolve" and "Mortal Kombat X" as well as an increase in mobile game downloads. GameStop's shares rose 5.3 percent in extended trading after the company also forecast a second-quarter profit largely above analysts' average estimate.

  • GameStop rises after 1Q results surpass estimates Thursday, 28 May 2015 | 4:15 PM ET

    GRAPEVINE, Texas— Video game retailer GameStop said Thursday that strong sales of new games and downloadable content boosted its results in its fiscal first quarter. GameStop said revenue from new games climbed 9.6 percent, and said sales of downloadable content for games like "Mortal Kombat X" and "Evolve" and increased downloads of mobile games all aided its...

  • GameStop revenue rises 3.2 pct Thursday, 28 May 2015 | 4:12 PM ET

    May 28- GameStop Corp, the world's largest retailer of video game products, reported a 3.2 percent rise in quarterly revenue, helped by the releases of games such as "Evolve" and "Mortal Kombat X". Net income rose to $73.8 million, or 68 cents per share, in the first quarter ended May 2, from $68 million, or 59 cents per share, a year earlier. Global sales rose to $2.06 billion...

  • Wary of 'dangerous cocktail,' markets watch data Wednesday, 27 May 2015 | 5:58 PM ET
    Traders work on the floor of the New York Stock Exchange.

    With an eye on the dollar and rates, traders are watching pending home sales and weekly jobless claims data Thursday.

  • How retailers are using your phone to tell you: Buy Tuesday, 26 May 2015 | 12:27 PM ET
    As beacon-influenced in-store sales evolve, retailers will be able to send promotions to shoppers through the store’s app with the goal of enticing a sale.

    Retailers are using beacon technology to wake up the shopping apps on your smartphone and get you to buy.

  • Early movers: DOW, BBRY, GME, RH, YHOO & more Friday, 27 Mar 2015 | 7:49 AM ET

    Some of the names on the move ahead of the open.

  • *Expects 2015 profit of $3.60- $3.80/ share vs est $4.04/ share. *Expects strong dollar to hit 2015 profit by 6- 9 cents per share. March 26- GameStop Corp's full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.

  • March 26- GameStop Corp forecast a weaker-than-expected profit for the full year, as demand for the new PlayStation 4 and Xbox One consoles fail to make up for falling sales of earlier versions. GameStop's new video game hardware sales fell 30.2 percent to $808.8 million in the fourth quarter ended Jan. 31, lower than the $844.8 million analysts had expected,...

  • After-hours buzz: GameStop, Carnival & more Thursday, 26 Mar 2015 | 4:55 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's after-hours buzz: GameStop, Carnival & more

  • GameStop revenue falls on weak demand for hardware Thursday, 26 Mar 2015 | 4:14 PM ET

    March 26- GameStop Corp, the world's largest retailer of video game products, reported a 5.6 percent drop in quarterly revenue, hurt by lower hardware demand during the holiday shopping season. Net income rose to $244.1 million, or $2.23 per share, in the fourth quarter ended Jan. 31 from $220.5 million, or $1.89 per share, a year earlier. Total global sales fell to...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed lower as equities failed to shake off the losses of the last three days and investors weighed geopolitics ahead of earnings.

  • Biotechs could be the early warning for stocks Wednesday, 25 Mar 2015 | 6:46 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Traders are watching small caps and the biotech sector Thursday to see whether they continue to melt down, as the harbinger of a deeper selloff in the broader market.

  • RadioShack lender asks judge to intervene in auction Wednesday, 25 Mar 2015 | 1:35 PM ET

    March 25- A RadioShack Corp lender asked a U.S. Bankruptcy Court judge to intervene in the auction of the electronics retailer and said it had submitted a bid to liquidate the chain that was "materially superior" to one favored by RadioShack. The lender said, however, that RadioShack favored a proposal from hedge fund Standard General, even though its bid included...

  • Standard General raises bid for bankrupt RadioShack Tuesday, 24 Mar 2015 | 6:20 PM ET
    A customer leaves a RadioShack store in San Francisco and a Sprint store is shown in Fort Lauderdale, Fla.

    Hedge fund Standard General is said to have raised its bid to buy about 1,740 stores of bankrupt electronics retailer RadioShack at auction.

  • This is what could drive stocks this week Monday, 23 Mar 2015 | 5:49 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks, stuck in their own zigzag pattern, remain vulnerable to the whims of unusually volatile currency markets in the week ahead.