May 23- GameStop Corp raised the lower end of its full-year earnings forecast on Thursday after beating fourth-quarter estimates, counting on a boost from new gaming consoles due later this year and further growth in digital and mobile sales. New gaming consoles like Microsoft's Xbox One and Sony Corp's Playstation4 are expected to launch in coming months.
*Jamil Bouchareb, Daniel Corbin settle civil cases. Jamil Bouchareb agreed to pay about $1.05 million and fellow trader Daniel Corbin agreed to pay about $191,000 in disgorged profit plus interest to settle the SEC's civil cases, after having previously pleaded guilty to related criminal charges.
NEW YORK-- Take-Two Interactive Software Inc. reported a profit in its fiscal fourth quarter, reversing a year-ago loss, as revenue more than doubled on sales of "BioShock Infinite" and other video games. Revenue rose to $299.5 million from $148.1 million.
U.S. stock index futures pared some losses Monday after the better-than-expected data on April retail sales, but remained in the red following last week's rally that pushed the Dow Jones Industrial Average and the S&P 500 to new record highs.
*Activision Blizzard Inc: Credit Suisse raises target price to $19. *Electronic Arts Inc: Credit Suisse raises target price to $20 from. price to $17 from $14; rating neutral.
By Neha Alawadhi and Malathi Nayak. March 28- Retailer GameStop Corp warned of weak sales this year as customers delay purchases ahead of the arrival of next-generation videogame consoles, but it reported stronger-than-expected quarterly results. GameStop's full-year earnings forecast lagged analysts' estimates by a sizable margin.