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Wednesday, April 7, 2010 as of 11:14 AM ET

GameStop

GameStop

GameStop Corporation () is an American video game and entertainment software retailer. The company, whose headquarters is in Grapevine, Texas, United States, operates 6,700 retail stores throughout the United States, Canada, Australia, Austria, Denmark, Finland, France, Germany, Ireland, Italy, New Zealand, Norway, Portugal, Puerto Rico, Spain, Sweden, Switzerland and in the United Kingdom.

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Technology Sector Wrap

The S&P 500 lost 1.

5% while the Technology sector (XLK) showed little movement during trading today.The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. As trading began today, XLK was down 6.6% over the last thirty trading days, and the S&P 500 climbed -5.6%.FriendFinder Networks (NASDAQ:FFN) rose 48.7% to close at $1.71, cross its 50-day moving average of $1.21 and 200-day moving average of $1.38.SunPower Corporation (NASDAQ:SPWR) rose 10% to close at $5.59, approaching its 50-day moving average of $5.79. It has also moved closer to its 200-day moving average of $7.02. ASM International N.V (NASDAQ:IACI) fell 4.8% to close at $36.26, moving closer to its 50-day moving average of $36.15. Also, the stock moved closer to its 200-day moving average of $45.24.MGT Capital Investments (AMEX:MGT) was a major gainer in the sector, rising 14.3% (+74 cents) to close at $5.93 with 113,323 shares moving. The stock traded in a range of $5.19 to $...

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  1. GameStop Warns Of Sales Drop In First Quarter

    GameStop Corp. said Thursday afternoon that it expects to report a 12.5% drop in same-store sales for its first fiscal quarter, ended April 28. In a statement, GameS...

  2. Microsoft Billionaire's Credit Card Stolen and Other Unusual Crimes

    The world of credit card crime recently had a very high-profile victim. As you may have heard, federal authorities revealed this week that Microsoft co-founder and b...

  3. Gamestop CEO on Video Game Consoles, Digital Sales Outlook

    Gamestop CEO Paul Raines on the next generation of video game consoles as well as the company’s expected growth in digital sales.

  4. FedEx, Randgold Resources Among Stocks Down on High Volume Thursday

    Today, these stocks are down on high volume:FedEx Corporation ( FDX ) is down on high volume today, trading with volume of 3.9 million, or 1.8 times its average dail...

  5. GameStop 4Q Net Slides 27% as Same-Store Sales Slump

    Hit by shrinking same-store sales and restructuring costs, GameStop (NYSE:GME) said Thursday it suffered a 27% slump in fourth-quarter profits, but the video-game re...

  6. GameStop Profit Falls; Sees Fewer Stores In 2012

    Video-game retailer GameStop Corp. said Thursday its fourth-quarter profit for the three months ended Jan. 28 fell to $174.7 million, or $1.27 a share, from $237.8 m...

  7. The Most Profitable Stores in America

    The past few years have been challenging for the retailing industry, and there are no signs that 2012 will be no different. One key metric used to judge the health o...

  8. More States File Charges Against Mortgage Processor

    FBN's Adam Shapiro breaks down afternoon market news.

  9. GamStop Sets First Ever Cash Dividend

    GameStop Corp. said on Wednesday that its board approved the initiation of a 15 cents a share quarterly dividend to its shareholders. The dividend will be paid on Ma...

  10. Greek Hopes, Earnings Lift Stock Futures

    FOX Business: The Power to ProsperA report that the European Central Bank may take steps to ease Greece's debt load, coupled with several strong corporate earnings r...

  11. Stocks Edge Higher as Traders Eye Greek Developments

    FOX Business: The Power to ProsperWall Street ended the day only slightly higher as traders remained wary of taking big bets with debt talks in Greece dragging on fo...

  12. Who Will Take New Hampshire?

    Lou Dobb's A-Team breaks down the GOP contenders after the New Hampshire polls close.

  1. Advance Auto Parts, AutoZone Among Stocks Down on Above-average Volume Thursday

    These stocks are down on high volume today:Advance Auto Parts (NYSE:AAP) is seeing its price fall on above-normal volume today, as 4.5 million shares have moved, or ...

  2. GameStop Follows Markets Down

    FBN’s Nicole Petallides with the stocks moving early in the trading day.

  3. Wal-Mart, Sears, J.C. Penney Up In Lower Sector

    Wal-Mart Stores Inc. shares rose 5%, the best performer on the Dow, after the company's fiscal first-quarter profit rose more than expected and its namesake U.S. cha...

  4. GameStop , Linkedin, Groupon Lead Tech Retreat

    Technology stocks slipped into the red early Thursday, as shares of GameStop Corp. , LinkedIn and Groupon Inc. retreated. GameStop was down 8% after the videogame re...

  5. GameStop Shares Fall As Forecast Disappoints

    GameStop Corp. saw its shares fall 8% to $19.17 -- setting a new 52-week low -- on Thursday morning after the videogame retailer reported results for its first fisca...

  6. GameStop 1Q Profit Slumps as Game Demand Softens

    GameStop (NYSE:GME) reported a lower first-quarter profit and sales and provided a tepid look for the current quarter as it continues to cope with soft demand for vi...

  7. GameStop Proft Down; Outlook Falls Short

    GameStop Corp. said Thursday its first-quarter profit fell to $72.5 million, or 54 cents a share, from $80.4 million, or 56 cents a share, in the year-ago period. Sa...

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