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GameStop CEO Resigns, Co-Founder Daniel DeMatteo To Assume Interim Duties
Friday, May 11, 2018 - 10:15am | 356Daniel DeMatteo has been named GameStop Corp. (NYSE: GME) interim CEO for the second time within the past year. DeMatteo, GameStop's executive chair and one of the company's co-founders, was named interim CEO in November 2017 after CEO Paul Raines sought treatment for a disclosed medical...
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GameStop <3 Geeks: Will Buy GeekNet For $20/Share In Cash
Tuesday, June 2, 2015 - 11:40am | 310GameStop Corp. (NYSE: GME) on Tuesday announced in a press release it has entered into a definitive agreement to acquire Geeknet Inc (NASDAQ: GKNT) for $20 per share. Shares of Geeknet surged over 100 percent on May 26 after Hot Topic, Inc. offered to acquire the company for $17.50 per share....
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A Look At 2 Hot Tech Retailers
Wednesday, January 14, 2015 - 4:48pm | 489As companies continue to report holiday results and analysts weigh in on them, two tech-related retailers, GameStop Corp. (NYSE: GME) and Best Buy Co Inc (NYSE: BBY), come into the spotlight. Related Link: GameStop Up 8% On Holiday Sales Report, Q4 Guidance GameStop GameStop was a big...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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GameStop Earnings: What Do The Analysts Have To Say?
Friday, May 23, 2014 - 2:41pm | 222GameStop (NYSE: GME) reported a beat on it first quarter 2014 EPS driven primarily by better than expected margins. Additionally, the company benefited from a lower than expected tax rate for the quarter and reiterated its previous full year guidance. Looking forward, company CEO Paul Raines...