-
The Price You Pay for Shopping at GameStop: Free Porn
Friday, September 2, 2011 - 10:48am | 302Read More...Would you like a little nudity with your Mario and Sonic Olympic entertainment? GameStop (NYSE: GME) has sparked a bit of controversy this morning for selling a used, E-rated game – Mario & Sonic at the Olympic Winter Games – without first checking its contents. The game was sold to the...
-
Why GameStop Was (Almost) in the Toilet
Tuesday, August 30, 2011 - 9:22am | 967Read More...It has nothing to do with the iPhone, Android, or Zynga. For the past several years, GameStop (NYSE: GME) has been a star. With rising sales and revenue (even in the face of a withering economy), the company seemed to be impervious. It was, in many ways, the do-no-wrong retailer. Times have...
-
GameStop Opens New Games, Steals Coupon, Then Pulls Game from Shelves
Thursday, August 25, 2011 - 11:40am | 394Read More...All with the support of Final Fantasy publisher Square Enix. Yesterday afternoon, GameStop (NYSE: GME) got into a bit of trouble when it was caught opening new copies of Deus Ex: Human Revolution for the PC. According to Ars Technica, GameStop employees were performing this unusual task with a...
-
25M People Using PapayaMobile; Should Zynga and Apple Be Scared?
Wednesday, August 24, 2011 - 2:09pm | 455Read More...Android's social gaming network has grown more than 940% since the beginning of last year. PapayaMobile.com is having a good day. Today it has announced that it has acquired more than 25 million users, attributing its success to the rising demand for mobile social games as well as the growing...
-
Earnings Expectations for the Week of August 15
Sunday, August 14, 2011 - 11:42am | 1098Read More...Earnings season is not over yet. Among the companies on deck to report quarterly results this coming week are Deere (NYSE: DE), Smucker (NYSE: SJM) and Estee Lauder (NYSE: EL). Analysts expect Deere's per-share earnings to be more than 13% higher than a year ago. Smucker's earnings are forecast to...
-
Electronic Arts Offers Five Free Games (Temporarily!) with New Annual Service
Tuesday, August 2, 2011 - 9:34am | 695Read More...Pay $24.99 now, play free games later. There might have been a time when the prospect of getting to play a game three days before its official release was so tantalizing that I just couldn't pass it up, regardless of the cost. Electronic Arts (NASDAQ: ERTS) is hoping that I'm not the only one, as...
-
Are Best Buy, Target and Wal-Mart Nothing More Than Showrooms for Amazon?
Thursday, June 23, 2011 - 5:50pm | 1265Read More...It's not easy being a big box retailer. While Best Buy (NYSE: BBY), Wal-Mart (NYSE: WMT), and Target (NYSE: TGT) once ruled the industry, Amazon (NASDAQ: AMZN) has quickly stolen the spotlight as the leading place to shop for just about everything. Brian Sozzi, an equity research analyst at Wall...
-
Wedbush Not Optimistic that Best Buy can Gain Significant Video Game Market Share from GameStop
Wednesday, June 15, 2011 - 8:09am | 125Read More...“We are not optimistic that Best Buy Co. Inc. (NYSE: BBY) can gain significant video game market share against leading specialty retailer GameStop (NYSE: GME),” Wedbush wrote in a recent report. “Despite recent initiatives in video games, GameStop continues to gain market share. “We continue to...
-
UPDATE: Goldman Sachs Raises PT on GameStop to $26
Friday, May 20, 2011 - 8:51am | 108Read More...Goldman Sachs is out with its report today on GameStop (NYSE: GME), raising its PT from $23 to $26. In a note to clients, Goldman Sachs writes, "We raise our 12-month price target to $26 from $23, to reflect our higher forecast, and a higher relative P/E (65% from 55% previously) in our multiple...
-
Sterne Agee Reiterates Buy on GameStop (GME)
Tuesday, May 17, 2011 - 7:46am | 113Read More...Sterne Agee is out with its report today on GameStop (NYSE: GME), reiterating Buy. In a note to clients, Sterne Agee writes, "We think management has recently made its strongest case yet for the company's future relevance. GME's strength in retail combined with the inroads it's making in digital...
-
Goldman Sachs Maintains Neutral on GameStop (GME)
Friday, May 13, 2011 - 9:08am | 109Read More...Goldman Sachs is out with its report today on GameStop (NYSE: GME), maintaining Neutral. In a note to clients, Goldman Sachs writes, "We make no changes to our industry forecast or price target given the noise around the Easter shift and the fact that April is one of the smallest months of the...
-
Retail Earnings: A Sneak Peek (KSS, JWN, WMT, TGT, HD)
Monday, May 9, 2011 - 8:50am | 631Read More...The earnings season is beginning to wind down for another quarter. That can only mean that it is time for some of our favorite shopping mall and strip mall retailers to step into the earnings spotlight. Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) start things off later this week when they report...
-
UPDATE: Sterne Agee Raises PT on GameStop to $30 (GME)
Thursday, April 14, 2011 - 9:18am | 87Read More...Sterne Agee is out with its report today on GameStop (NYSE: GME), raising its PT from $26 to $30. In a note to clients, Sterne Agee writes, "We are raising our 12-month target price on shares of GME from $26 to $30 based on slightly under 10x our CY12 (FY13) EPS estimate of $3.10. This is up from...
-
Piper Jaffray Maintains Underweight on GameStop (GME)
Friday, March 25, 2011 - 8:59am | 137Read More...Piper Jaffray is out with its report today on GameStop (NYSE: GME), maintaining Underweight. In a note to clients, Piper Jaffray writes, "GameStop reported January quarter financial results in-line with expectations. The company guided FY11 Net Income flat to FY10 - optimistic in our view....
-
Wedbush Reiterates GME's Outperform Rating
Friday, March 25, 2011 - 7:31am | 76Read More...Wedbush has issued a report maintaining Gamestop's (NYSE: GME) Outperform rating. According to Wedbush, "Maintaining our OUTPERFORM rating and our 12-month price target of $26, which reflects a multiple of 8.5x our FY:11 EPS estimate of $3.02. Our multiple is below the company's historical average...

