• GameStop Q3 FY18 Preview: Expect New Video Game Software Sales To Drive Earnings

    14 days ago - By Forbes

    GameStop Inc. is scheduled to post its Q3 FY18 results on November 29. We expect the company to post a low single digit decline in the top line, as growth in New Video Game Software, and Digital, Technology Brands, Collectibles and Others will be more than offset by a decline in New Video
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  • GDP and New Homes Sales

    14 days ago - By Crossing Wall Street

    Two quick economic reports to mention this morning. Q3 GDP was revised to unchanged. The government says the economy grew by 3.5% during the third quarter of this year. Even down to the decimal, this report was barely changed. This report will be revised again in late December.
    Now economists are looking at growth for Q4. My guess is something around 2.5%.
    The new-homes sales report showed that there were 544,000 new homes sales last month. This is down 12% from a year ago. The previous months were revised higher. There's a good chance that new-home sales will be down for 2018.
    Here's a...
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  • New home sales down 8.9 percent for the month

    14 days ago - By CNBC

    CNBC's Diana Olick reports on home sales dramatically falling short of expectations this month.
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  • A few Comments on October New Home Sales

    A few Comments on October New Home Sales

    14 days ago - By Calculated Risk

    New home sales for October were reported at 544,000 on a seasonally adjusted annual rate basis. This was below the consensus forecast, however the three previous months were revised up significantly. Although weak, this was only a little below the initial report for September of 553,000 .
    Sales in October were down 12.0% year-over-year compared to October 2017. The largest declines were in the Northeast, possibly due to a combination of higher interest rates and changes in the tax law.
    On Inventory: Months of inventory is now above the top of the normal range, however the number of units...
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  • Holiday Gift Guide: Video Game Gifts for All Types of Players

    14 days ago - By Fortune

    This has been a big year for new video games, many of which debuted this fall-perfect timing for holiday gifts. There are titles for everyone, from seasoned gamers looking for new challenges to children who play with their families.
    With so many games to sort through, it can seem daunting to choose the best gift. The following guide will help sort through the options so that whatever your select, the gamer in your life will be ecstatic.
    Astro Bot
    Virtual reality in video games has struggled to catch on with the public, but for it to have any chance, there must be titles worth of playing...
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  • Sales of new U.S. homes plummeted 8.9 percent in October; number of unsold, newly-built homes highest since 2009

    14 days ago - By Chron

    WASHINGTON - Sales of new U.S. homes plummeted 8.9 percent in October; number of unsold, newly-built homes highest since 2009.
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  • US new-home sales plunged 8.9 percent in October

    14 days ago - By Chron

    WASHINGTON - Sales of new U.S. homes plummeted 8.9 percent in October, as the number of newly built, unsold homes sitting on the market climbed to its highest level since 2009.
    The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 544,000 last month. New-home sales have declined in four of the past five months. Over the past year, sales of new homes have dropped 12 percent as higher mortgage rates have caused would-be buyers to back away.
    The report adds to the evidence that the U.S housing market has stalled after years of prices climbing...
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  • New home sales fall to 2-year low

    14 days ago - By Inman

    New residential home sales dropped 8.9 percent in October, falling to a new two-year low, according to a new residential sales report released Wednesday.
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