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GameStop Corp

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  • *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,...

  • 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...

  • 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.

  • Watch for stock volatility next week Friday, 20 Mar 2015 | 6:31 PM 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.

  • Cramer's game plan: Week ahead depends on China Friday, 20 Mar 2015 | 6:14 PM ET
    Chinese stock investors gather at a securities firm in Fuyang, in China's Anhui province.

    Jim Cramer is preparing for next week and sees that one key datapoint from China will determine the direction of the market.

  • 8 big 'bounceback stocks' could go higher Thursday, 19 Mar 2015 | 9:21 AM ET
    Trader on the floor of the New York Stock Exchange.

    There are eight stocks in the Standard & Poor’s 500 that are staging impressive bouncebacks this year. USA TODAY reports.

  • Get ready for March Madness [spike] on Wall Street Monday, 16 Mar 2015 | 7:10 AM ET
    North Carolina State’s Beejay Anya (21) blocks a shot by Pittsburgh’s Michael Young (2) during an NCAA college basketball game in the second round of the Atlantic Coast Conference tournament in Greensboro, N.C., March 11, 2015.

    Almost all major stocks have been positive during the month of March and the NCAA basketball tournament.

  • Early movers: MCD, GE, LL, GME, TGT & more Wednesday, 4 Mar 2015 | 7:52 AM ET

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

  • After-hours buzz: Smith & Wesson, Bob Evans & more Tuesday, 3 Mar 2015 | 5:19 PM ET
    Wall Street New York Stock Exchange NYSE

    Check out which companies are making headlines after the bell Tuesday: Smith & Wesson, TiVo, Bob Evans & more.

  • Feb 26- GameStop Corp may sharply increase the number of its Spring Mobile stores after the company bid on Wednesday for the right to take 163 leases over from electronics retailer RadioShack Corp, which filed for bankruptcy this month. The agreement allows GameStop to decide in about two months if it will take on the obligation of the RadioShack leases or...

  • WILMINGTON, Del., Feb 25- RadioShack Corp got approval on Wednesday from a U.S. Bankruptcy Court judge to auction about 2,000 stores with an initial $200 million bid from the Standard General hedge fund. Wednesday's hearing was the first time the bankrupt company has put an estimated value on the sale agreement with Standard General, which will keep about half of...

  • WILMINGTON, Del., Feb 25- RadioShack Corp's sale of about 2,000 stores to a hedge fund is worth $200 million, an advisor to the electronics retailer told a U.S. Bankruptcy Court on Wednesday. This was the first time the bankrupt company has put an estimated value on the sale agreement with Standard General, which will keep about half of RadioShack's stores open and...

  • RadioShack to slow sale process; GameStop eyes stores Wednesday, 25 Feb 2015 | 12:20 PM ET

    WILMINGTON, Del, Feb 25- Bankrupt RadioShack Corp will slow the process of selling its surviving stores, while GameStop Corp has expressed interest in some of its 1,100 locations that are being closed this month, a lawyer for the electronics retailer told a judge on Wednesday. RadioShack entered Chapter 11 bankruptcy earlier this month with about 4,000 stores.

  • Video games spring back on strong console sales Thursday, 15 Jan 2015 | 6:30 PM ET
    A customer poses with three new Xbox One video games after purchasing them in Los Angeles.

    The multiyear losing streak by the video game industry finally came to an end in 2014, though any celebrations may be muted.

  • Smart kegs to mobile: What to watch in retail Thursday, 15 Jan 2015 | 2:16 PM ET
    GameStop's new beacon technology, which is powered by Shelfbucks.

    Retailers and industry experts were decidedly more optimistic at the National Retail Federation's annual show.

  • Early movers: JPM, VZ, CMG, NFLX, OCN & more Wednesday, 14 Jan 2015 | 7:51 AM ET
    A trader works on the floor of the New York Stock Exchange.

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

  • Jan 13- GameStop Corp, the world's largest retailer of video game products, said December same-store store sales rose 4.4 percent, driven by higher demand for games such as Call of Duty: Advanced Warfare, Grand Theft Auto V and Far Cry 4.. GameStop said it now estimated same-store sales to fall 1-2.5 percent in the fourth quarter ending January.