Some of the names on the move ahead of the open.» Read More
NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Freeport-McMoRan Inc., up 31 cents to $10.50. Big Lots Inc., up $6.58 to $48.58.
*U.S. heading in the direction of rate hike- Fed's Fischer. Aug 28- U.S. stocks looked set to snap a two-day rally on Friday after comments by a top Federal Reserve official appeared to suggest that a September rate rise was still possible. Fed Vice Chairman Stanley Fischer said the United States was heading in the direction of higher rates and that recent economic...
NEW YORK— Shares of GameStop skidded Friday after the video game retailer reported strong second-quarter results but gave a forecast that disappointed Wall Street. GameStop said sales of downloadable content for "Batman: Arkham Night" and "Witcher 3" powered its results, and the company's adjusted profit and revenue came in above Wall Street estimates.
Aug 27- GameStop Corp said it expected robust revenue growth in the second half, helped by a strong slate of video game releases and growth in its mobile and consumer electronics businesses. Activision Blizzard Inc's "Destiny: The Taken King", Microsoft Studios' "Halo 5: Guardians" and Ubisoft's "Assassin's Creed: Syndicate" are set to be released in the third quarter.
Aug 27- GameStop Corp, the world's largest retailer of video games and related products, reported higher-than-expected quarterly revenue and profit, helped by new releases such as "Batman: Arkham Knight" and "The Witcher 3: Wild Hunt". GameStop is set to benefit from a strong slate of video game releases in the second half of the year, mainly in the fourth quarter, such...
GRAPEVINE, Texas _ GameStop Corp. on Thursday reported fiscal second-quarter earnings of $25.3 million. GameStop expects full-year earnings in the range of $3.66 to $3.86 per share. GameStop shares have increased 37 percent since the beginning of the year, while the Standard& Poor's 500 index has dropped 3.5 percent.
Aug 27- GameStop Corp, the world's largest retailer of video game products, reported a near 2 percent rise in quarterly revenue, primarily driven by the highly anticipated release of "Batman: Arkham Knight." Net income rose to $25.3 million, or 24 cents per share, in the second quarter ended Aug. 1, from $24.6 million, or 22 cents per share, a year earlier.
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U.S. stocks closed lower on the last trading day of the month, as investors digested data and remained cautious on continued concerns about Greece.
U.S. stock markets looked set for a flat to slightly lower open on Friday, as investors digested the second read on first quarter growth amid pressure on European shares from continued uncertainty over Greece.
Some of the names on the move ahead of the open.
GameStop reported better-than-expected profit, helped by sales of new releases such as "Mortal Kombat X" and "Evolve" and an increase in downloads.
Check out the companies making headlines after the bell Thursday: Ulta Salon, GameStop, Deckers & more.