InfoAnda - GameStop's profit falls on weak sales, shares drop |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

American UN hostage released in Pakistan: UN, police | 5 April 2009
Street kids stage their own World Cup in South Africa | 20 March 2010
Obama calls Rudd a partner for 'years to come' | 25 March 2009

YouTube at age five a growing player in online films | 25 April 2010

Forum Views () Forum Replies ()

Read more with google mobile : GameStop's profit falls on weak sales, shares drop |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Green Business Legal Deals Earnings Summits Business Video Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia Afghan Journal Africa Journal India Insight Global News Journal Pakistan: Now or Never? World Video Politics Politics Home Front Row Washington Politics Video Technology Technology Home MediaFile Science Tech Video Opinion Opinion Home Chrystia Freeland Felix Salmon Breakingviews George Chen Bernd Debusmann Gregg Easterbrook James Pethokoukis James Saft John Wasik Christopher Whalen Ian Bremmer Mohamed El-Erian Lawrence Summers The Great Debate Unstructured Finance Newsmaker MuniLand Money Money Home Analyst Research Global Investing MuniLand Reuters Money Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Life & Culture Health Sports Arts Faithworld Business Traveler Left Field Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Article Comments (0) Editor's Choice New label to help people pick health insurance U.S. sees growing losses from extreme weather AT&T sues those seeking to block T-Mobile deal Stem cell team seess spare heart parts in 5 years Book Talk: Bergin exposes spin behind BP spill Nokia CEO says "watch out" to Android makers Study finds sniffer dogs can smell out lung cancer Arab Spring eyes rebirth for Mideast science MediaFile: Proof of News Corp coverup mounts Video: A new solution for chronic back pain? Slideshow: 370-mile protest Follow Reuters Facebook Twitter RSS YouTube Read Andy Dick calls Howard Stern a "money-grubbing Jew" 17 Aug 2011 Peyton Manning is highest paid player in NFL: report 17 Aug 2011 Militant makes death threat against David Letterman 17 Aug 2011 Christine O'Donnell Walks Out on 'Piers Morgan' 17 Aug 2011 Texas "vampire" arrest sparks discussion on pop culture 17 Aug 2011 Discussed 237 UPDATE 3-White House denounces Perry as Republicans target Fed 204 Appeals court rules against Obama healthcare law 176 Stop coddling the super-rich: Buffett Watched KISS booted from Jackson concert, "Housewives" husband found dead Tue, Aug 16 2011 Protesters clash with Spanish police Wed, Aug 17 2011 Economic fears on rise? Ask Hollywood Wed, Aug 17 2011 GameStop's profit falls on weak sales, shares drop Tweet Share this Email Print Related News UPDATE 5-Sears disappoints again, cuts more jobs 11:39am EDT Canadian Solar profit lags Street view, stock off Wed, Aug 17 2011 Target profit, forecast surpass Street, shares up Wed, Aug 17 2011 Eaton Vance profit up 63 percent but inflows down Wed, Aug 17 2011 UPDATE 5-Target, other retailers beat estimates Wed, Aug 17 2011 Analysis & Opinion Earn big bucks without knowing anything! Google dials it up by pocketing Motorola Related Topics Technology » Hot Stocks » Asian Markets » Media » A customer laughs with a clerk as he purchases a copy of the video game ''Grand Theft Auto IV'' at a GameStop store in New York April 29, 2008. Credit: Reuters/Lucas Jackson By Liana B. Baker NEW YORK | Thu Aug 18, 2011 10:02am EDT NEW YORK (Reuters) - Video game retailer GameStop Corp (GME.N) said on Thursday that its quarterly profit fell as sales of video game hardware and software products underperformed, sending its shares down more than 5 percent. Sales of traditional video game products such as consoles have been struggling globally as gamers turn to lower-priced online games or play games on tablets and phones. Chief Executive Paul Raines said in a statement that it has been a "challenging period for the industry." The company's shares were down 5.4 percent at $19.36 in morning trading on the New York Stock Exchange amid a broad sell-off in the market on Thursday. The steep drop in GameStop's share price puzzled some analysts, who said they were bracing for weaker numbers from the retailer. GameStop's earnings per share beat Wall Street's estimates by a penny. "This is not as bad as people were fearing," said Sterne Agee analyst Arvind Bhatia, pointing to the company's 12 percent boost in used games sales, which have higher margins than sales of new games. Bhatia said he would surprised if shares stay down through the session. For the second quarter ended July 30, the company said its net income fell to $30.6 million, or 22 cents per share, down from $39.8 million, or 26 cents per share a year earlier. The company posted sales of $1.7 billion, which missed Wall Street expectations of $1.8 billion, according to Thomson Reuters I/B/E/S. Sales were down 3 percent from a year earlier. For the third quarter, the company said its comparable store sales should rise by 2 percent to 4 percent. Its earnings per share should range from 38 cents per share to 41 cents per share, which is in line with Street estimates. GameStop reiterated its full year earnings forecast in the range of $2.82 to $2.92 per share. But the company lowered its comparable same store sales for the year. (Reporting by Liana B. Baker, editing by Gerald E. McCormick) Technology Hot Stocks Asian Markets Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Mobile Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Contact Us Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 18 August 2011
Kobe Bryant in middle of church, summer league drama
Detroit Lions defensive end Ndamukong Suh fined $20K by NFL
U.K. unemployment rises to 7.9%
Kelly Clarkson unveils new album name, release date
Brain-eating amoebas blamed in deaths
Dell forecasts weaker sales
Kansas lawsuit seeks to overturn ban on insurance-funded abortions
Dozen missing in Nepal boat capsize
Florida teen arrested for planning to blow up high school that expelled him
Mark O'Meara defends title at Senior Players Championship
Gerard Depardieu urinates on plane
Britain's tough justice alarms campaigners |
Egypt's revived anti-graft law may net Mubarak |
Ailing Serena withdraws, Wozniacki falls in Cincy; Nadal, Murray into third round
Supporters of anti-corruption activist stage protests across India
Hariri indictment says phones link suspects to killing |
'Skins Malcolm Kelly not in middle of wideout competition due to injury
Briton dies from shark attack in Seychelles
Britain says 400,000 Somali children at risk of death |
Turkish warplanes attack PKK targets in Iraq |
Analysis: Peru's indigenous losing faith in reformed Humala |
Apple, Qualcomm, others eye InterDigital |
Nokia CEO says watch out to Android phone makers |
AT&T sues customers seeking to block T-Mobile deal |
Sina profit slips in second quarter |
Microsemi takes bid for Zarlink hostile |
Writers' settlement with publishers thrown out |
Verizon strike should slow NYC deal: City officials |
Britain's tough justice alarms campaigners |
Militant makes death threat against David Letterman |
Box office heading toward record despite economy |
Richard Gere to sell guitar collection at auction |
Coroner confirms Real Housewives husband suicide |
Black Eyed Peas reschedule Central Park concert |
Abercrombie & Fitch wants clothes off Jersey Shore |
Fox says Jennifer Lopez back for American Idol |
James Patterson easily tops highest paid authors |
Pablo Milanes' Miami concert plan drums up discord |
Libya rebels fight for refineries; U.S. sends drones |
Syria's Assad says to stop police operations: U.N. |
Indian activist Anna Hazare to launch public fast |
Blast kills 20, wounds 12 in Afghanistan's Herat |
Justin time: Morneau's clutch ninth-inning single lifts Twins past Tigers
Chavez to nationalize Venezuelan gold industry |
TO says he's healthy, ready when team comes calling for wideout
Analysis: South Korea's conservatives in crisis over policy |
Youth Laser radial champ to race at sailing event in Newport
Juneau angler’s small fry hooks biggest win at salmon derby in Alaska
30 dead in new Karachi violence; gang wars blamed |
BoSox slugger David Ortiz to sit a week due to heel pain; Rays blank BoSox
Washington renews calls for release of human rights attorney in China
Kim goes sailing as North Koreans seek food: report |
Washington places travel restrictions on Syrian diplomats
Jim's jack: Thome rips 601st career homer; Twins-Tigers tied 1-1 in fifth
Turkish warplanes hit 60 PKK targets in Iraq: army |
Matthew McConaughey gets job as stripper in new movie
Neil Armstrong rallies Afghan troops |
How The Merger Of Two Health Care Giants May Affect Your Wallet
HP's CEO needs to convince wary Wall Street |
China Mobile profit grows quickest in 3 years on high-end users |
Lenovo Q1 gains overshadowed by PC market concerns |
Microsoft/Motorola lawsuit moved to Seattle |
California Supreme Court turns down Phil Spector appeal |
Militant makes death threat against David Letterman |
"RuPaul's Drag Race" winner Tyra Sanchez arrested for marijuana possession
Gunmen kill 7 in Israel in attack near Egypt border |
Violence threatens children's health in Yemen
Brazil's Rousseff scrambles to control ally rebellion |
Yani Tseng headlines field at LPGA Safeway Classic
IBM unveils cognitive thinking chips
French media reveals details behind Lagarde inquiry |
Initial jobless claims again rise above 400,000 mark
Gulf markets worry about oil outlook
David Cross, Amber Tamblyn get engaged
On trial Ukraine ex-PM Tymoshenko requests doctor |
'Jersey Shore' star Vinny Guadagnino named new face of Phillips Norelco
UK police arrest Hollywood reporter over hacking |
S&P affirms France to keep AAA rating
Bloody attack along Egyptian border reveals weakening control
Berlin loses sleep over car arson attacks at night |
GameStop's profit falls on weak sales, shares drop |
LG Elec cuts TV sales target by 20 percent: report |
NetApp nosedives on tech spending worries |
Man pleads to sexual battery over Match.com date |
Mosaid deal would create global patent power: WiLan |
Betty White voted America's most trusted celebrity: poll |
Top Europe reggae festival opens, Marley family stars |
Abercrombie & Fitch wants clothes off Jersey Shore |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01