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Piper Jaffray Reiterates Underweight on GameStop (GME)
Tuesday, March 22, 2011 - 8:29am | 135Read More...Piper Jaffray is out with its report today on GameStop (NYSE: GME), reiterating Underweight. In a note to clients, Piper Jaffray writes, "GameStop will report January quarter financial results on Thursday morning 3/24/11. We expect GameStop will report sales and EPS in-line with its January...
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Goldman Sachs Reiterates Neutral Rating On GME
Monday, March 14, 2011 - 8:09am | 84Read More...Goldman Sachs is reiterating its Neutral rating on GameStop Corp. (NYSE: GME) shares despite modest valuation, as structural industry declines “drive our EPS forecasts 3%-5% below the Street for 2011-2012.” “Increased digital penetration and the lack of a new product cycle outweigh our expectation...
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Will Lawsuits Hurt GameStop's Share Price? (GME)
Tuesday, March 8, 2011 - 5:09pm | 588Read More...Used game complaints and personal info recording have cast a dark shadow on the world's largest retailer of video games. But are they enough to hurt the company's share price? GameStop Corp. (NYSE: GME) is no stranger to lawsuits. In 2006, a handful of store managers sued the company, claiming that...
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Piper Jaffray Downgrades GameStop to Underweight (GME)
Monday, February 14, 2011 - 9:15am | 145Read More...Piper Jaffray is out with its report today on GameStop (NYSE: GME), downgrading GME from Neutral to Underweight. In a note to clients, Piper Jaffray writes, "We are downgrading GME to Underweight as sentiment drifts lower and category sales remain in decline. We believe there is a good chance that...
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Can Dead Space 2 Boost EA's Bottom Line? (ERTS)
Tuesday, January 25, 2011 - 4:11pm | 544Read More...Electronic Arts (NASDAQ: ERTS) didn't have a great 2010. It didn't have a spectacular 2009 either. But with a number of product delays last fall, many of the company's biggest games were pushed into early 2011. One of those games, Dead Space 2, arrives today. While nowhere near the success of...
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Piper Jaffray's Video Games Update
Thursday, December 9, 2010 - 8:28am | 231Read More...Piper Jaffray published its Video Games, Toys & Specialty Consumer update today. In a note to clients, Piper Jaffray writes, "Holiday video game sales are up over last year according to 65% of our respondents. Holiday video game sales are up 1% Y/Y on average driven in part by hardware and...
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Goldman Sachs Maintains GameStop Rating On 2011 Concerns
Friday, November 19, 2010 - 10:14am | 111Read More...Despite what appears to be a strong start to Kinect sales in 4Q, continued share gains in new software, and progress on digital, Goldman Sachs said that it maintains its Neutral rating on GameStop Corporation (NYSE: GME) shares, “as the used segment remains challenged and we stand well below the...
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Piper Jaffray's High School Teen Gamer Report
Wednesday, October 6, 2010 - 6:59am | 196Read More...Piper Jaffray has published a research report for Fall 2010 Gaming Trends, upon completing a survey of ~6,000 high school teenagers. In the report, Piper Jaffray writes "Respondents provided information on topics ranging from video game usage, to spending intentions, to the future of gaming. The...
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Goldman Sachs On Retail Specialty Hardlines
Monday, September 20, 2010 - 9:50am | 143Read More...Goldman Sachs writes "the following disclosures relate to relationships between The Goldman Sachs Group, Inc.: Goldman Sachs expects to receive or intends to seek compensation for investment banking services in the next 3 months: Ethan Allen Interiors, Inc. (NYSE: ETH) ($15.60), GameStop Corp. (...
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GameStop Announces Repurchasing Program
Thursday, September 16, 2010 - 8:18am | 109Read More...GameStop Corp. (NYSE: GME) authorized a new $500M debt and equity repurchase program, expecting to repurchase $300M in equity and retire $200M in senior notes, which would add ~$.29 to non-GAAP EPS on an annual basis, according to Piper Jaffray, which believes that GameStop should continue its...


