GRAPEVINE, Texas— Gamers rejoice: GameStop is almost doubling its number of seasonal workers this holiday season as it prepares to deal with strong demand for new video games and the new iPhone.
*Russia aid convoy crossed border without OK, Ukraine says. NEW YORK, Aug 22- U.S. stocks were little changed on Friday, in the wake of comments from Federal Reserve Chair Janet Yellen.
*Russia aid convoy crossed border without OK, Ukraine says. NEW YORK, Aug 22- U.S. stocks were poised for a flat open on Friday, as futures pared losses after the latest flare of tensions between Ukraine and Russia, and ahead of a speech by Federal Reserve Chair Janet Yellen.
SAN FRANCISCO, Aug 21- GameStop Corp on Thursday reported its quarterly revenue surged by 25 percent over the prior year, topping expectations, buoyed by the success of new game releases as well as solid sales of gaming hardware from Microsoft and Sony Corp..
*Family Dollar rejects Dollar General buyout offer. NEW YORK, Aug 21- U.S. stocks were set for a slightly higher open on Thursday, after jobless claims data pointed to continued improvement in the labor market and before the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming.
*Jackson Hole conference to begin. *Bank of America gains before expected settlement deal. NEW YORK, Aug 21- U.S. stock index futures edged higher on Thursday, ahead of a flurry of economic data and the start of the meeting of top central bankers and economists in Jackson Hole, Wyoming.
Some of Tuesday's midday movers:
Aug 19- GameStop Corp, the world's largest retailer of videogame products, said Chief Executive Paul Raines underwent an unexpected surgery last week for a small cancerous brain tumor. GameStop also said the six-week treatment period will not interfere with Raines' "continued leadership" of the company.
GameStop said Chief Executive Paul Raines underwent an unexpected surgery last week for a small cancerous brain tumor.
Aug 19- GameStop Corp, the world's largest retailer of videogame products, said Chief Executive Paul Raines underwent an unexpected surgery last week for a small cancerous brain tumor. Raines, who will be undergoing chemotherapy, will restrict his travel during the expected six week of treatment, the company said in a regulatory filing on Tuesday.
Retailers make up about two thirds of the 20 most shorted companies announcing earnings this week. Here's the "short" list.
Markets are more likely to get a schooling on the labor market than a road map for rate hikes when the Fed meets in Jackson Hole in the week ahead.
*Russia denies report Ukraine engaged Russia armored column. *VIX jumps on Russia, Ukraine concerns. Markets had opened higher on hopes of easing tensions between Russia and Ukraine, but shed those gains following the statement from Ukraine, which added later that its forces had come under shellfire from Russia.
An Activision Blizzard executive said the company's upcoming "Destiny" game has set a video game industry record as the most pre-ordered new title.
SAN FRANCISCO, Aug 12- An Activision Blizzard executive said on Tuesday the company's upcoming "Destiny" shooter game has set a video game industry record as the most pre-ordered new title.
Activision Publishing Chief Executive Eric Hirshberg, speaking at the Gamescom video game conference in Cologne, Germany, said the game is "the most pre-ordered new IP in history," according to video game retailer GameStop.
A stock market decline provided opportunity to buy quality names at a discount, several pros say.
Even with this week's weakness, Amazon.com stock has been outperforming rival retailers though it will likely face a fairly volatile trading day after it reports.
Of companies announcing earnings this week, subprime lender World Acceptance has the most shorted stock, according to data from Markit.
While Q2 has been a time of slump for companies like GameStop and Lam Research, some appear on the edge of redemption. USAT reports.