Jun 7, 2013

Posted by in Featured, Stock Market News | 0 Comments

Stocks Under Investors Focus: Amazon.com Inc. (NASDAQ:AMZN) and GameStop Corp. (NYSE:GME)

Stocks Under Investors Focus: Amazon.com Inc. (NASDAQ:AMZN) and GameStop Corp. (NYSE:GME)

Amazon.com Inc.’s (NASDAQ:AMZN) original content wing on Friday launched a new tool that will assist writers and film makers to make and promote their work online, while also boosting the firm’s pool of ideas for possible features or TV shows.

Named Amazon Storyteller, the free online tool turns scripts into storyboards, complete with characters and dialogue that can then be shared with others for feedback. The tool is presently in beta.

Shares of GameStop Corp. (NYSE:GME) climbed up almost 7%, to $37, on Friday morning, following Microsoft elucidated its policies surrounding used videogames on the Xbox One console.

In a blog post, Microsoft reported that they made Xbox One so game publishers can let people  trade in their games at participating retailers, further stating that it would not charge a “platform fee” for allowing the transfer of used games.

The stock got a hit last month, following Microsoft initially launched the Xbox One, as some news reports indicated the firm would charge a fee to play pre-owned games on the gadget.

The Xbox One and PlayStation 4 from Sony Corp. are predicted to be seen on Monday at the E3 videogame conference in Los Angeles.

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