GameStop Reports Q4 Sales Slump; Will Shut Stores

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GameStop’s (NYSE: GME) stock dropped slightly following the release of the company’s fourth quarter and fiscal 2016 results, and an announcement that it would be closing some of its outlets. For the quarter, which ended Jan. 28, the video game retailer posted revenue of $3.05 billion, 14% less than it brought in during the same period the previous year.






Oracle’s Cloud Sales Power a Q3 Earnings Beat

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In many ways, Oracle’s (NYSE: ORCL) recent fiscal 2017 third-quarter earnings report, released Wednesday after the close, went as expected. Total revenue climbed a modest  2% to $9.2 billion, slightly  below the consensus estimate of $9.25 billion. However, thanks to yet another quarter of strong, high-margin cloud-related revenue, its $0.69 per share earnings (excluding one-time costs) handily beat the $0.62 per share the analysts had forecast.






Domino’s Streak of Strong Sales Growth Continues

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Clearly, the Noid has been defeated. Domino’s (NYSE: DPZ) continues to deliver results that defy the market conditions dragging down sales in much of the restaurant industry. The company posted comparable-store sales gains in both the United States and globally in the fourth quarter, its 23rd straight quarter of domestic same-store growth and its 92nd quarter in a row growing internationally.