Page 22 - Stop Corp News Today

GameStop loses CEO in latest management shakeup 04/19/2021 12:28 (Reuters) - GameStop Corps George Sherman will step down as chief executive officer in the biggest shakeup at the video game retailer, giving top shareholder Ryan Cohen more control as he leads the companys shift to e-commerce. The companys shares, which were at the heart of a Reddit-driven trading frenzy, jumped 9% in premarket trade on Monday after GameStop said Sherman would resign on or before July 31 and that it had s...

Wall Streets main indexes dipped on Monday although the S&P 500 and the Dow were still near record levels, as investors anticipated first-quarter earnings season for any hints that corporate... | April 19, 2021

S&P 500, Dow slip from record highs; Coca-Cola rises on results By Shivani Kumaresan Reuters (Reuters) - Wall Streets main indexes dipped on Monday although the S&P 500 and the Dow were still near record levels, as investors anticipated first-quarter earnings season for any hints that corporate America was rebounding from the impact of the COVID-19 pandemic. Coca-Cola Co trounced estimates for quarterly profit and revenue, benefiting from the easing of pandemic curbs and wide vaccine rollou...

Futures dip after S&P 500, Dow hit record closing highs By Shivani Kumaresan Reuters (Reuters) - U.S. stock index futures eased on Monday after the S&P 500 and the Dow closed at record highs in the previous session, while investors geared up for quarterly earnings reports from Coca-Cola and IBM. The worlds largest soda maker dipped 0.4% premarket ahead of its first quarter report. Technology company IBM is slated to post its results after markets close. About 79 S&P 500 companies are due to...

GameStop Corps George Sherman will step down as CEO at the end of July  Company shares rose 8% before the opening bell on Wall Street on Monday  Less than two weeks ago, the Grapevine, Texas, company announced the nomination of Chewy founder Ryan Cohen as chairman of the board  Former CFO, Jim Bell, and former chief customer officer, Frank Hamlin, are among the senior executives who have also left the company in recent weeks  The changes have  coincided with the meteoric January rise of G...

3 Min Read (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * GameStop shares jumps as CEO exits * Coca-Cola rises as revenue beats estimates * Futures down: Dow 0.2%, S&P 0.25%, Nasdaq 0.42% (Adds comments, updates prices) April 19 (Reuters) - The S&P 500 and the Dow were set to slip from record levels on Monday as investors looked to the first-quarter earnings season for hints that corporate America was recovering from the impact of...

4 Min Read NEW YORK (Reuters) - U.S. stocks closed lower on Monday, slipping from last week’s record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla Inc shares fell after a fatal car crash. FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid The electric-car maker slid 3.4% after a Tesla vehicle believed to be operating without anyone in...

GameStop CEO forfeits over 587,000 shares for not meeting targets 04/14/2021 21:39 (Reuters) - GameStop Corp Chief Executive Officer George Sherman has forfeited more than 587,000 shares as he failed to meet a performance target, according to a regulatory filing on Wednesday. (This story corrects to say GameStop CEO forfeited shares, not company, in headline and paragraph 1) (Reporting by Munsif Vengattil in Bengaluru; Editing by Devika Syamnath) 04/14/2021 21:39 © Copyright Reuters Ltd....

By Svea Herbst-Bayliss (Reuters) - GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from being a brick-and-mo...

GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from being a brick-and-mortar video game retailer to an e-commerce firm, three people familiar with the matter said on Monday.