but gamestop is thriving in this economy. >> it's a bandwidth thing, right? get these physical pieceses of software still. it is gigs, several gigs. downloading that would literally take you an hour in a lot of cases especially in new york city. >> do you bring your kids to gamestop? what do they buy? >> we do wii. wii sports, wii vacation resort sports. that's the game the kids love. that's the 5 to 6 crowd. >> you're such a good sample for that 5 to 7-year-old demographic. >> buy a little pony and nintendo wii. >> your kids will be there soon. >> i hope not. >> we want to take a look at markets, too, as we told you earlier markets moved earlier on head lanes out of ukraine. let's head over to simon hobbs as the markets are set to close in a few minutes. >> across europe on essentially the two-week rally we've had there has ended. i'm not sure if it was these ukrainian or the russian trucks that broke away and into the ukrainian border that have sent us lower. there are many technical reasons we may be down in europe. you can see that france is down 1%. obvi

you can see gamestop down 5.25%.owed that the videogame sales had dwindled in the latest month. where are all the kids that normally would be buying this? maybe they're away at camp. maybe summer isn't the time. maybe it is really the holidays and during the school year people would buy these things. what is interesting, and they will be recording on august 21st. we'll watch for that. year-to-date, gamestop is down 20%. but how is it, liz and dave, that electronic arts, take two interactive, activision, these names that make the names, they're all between 20 to 50% this year? i think by end of the year we'll get to know what better the truth of matter is. people still are playing these video games. a lot of them moved to the internet and computer games. i think ps4 and microsoft xbox one, they're not dead yet. liz: hardly. going into china. at least trying. david: a lot of kid in camp may be holding back sales. thanks, nicole. liz: s&p futures are closing. will they give us a sense what happens monday after quite the

second quarter of 2014 gamestop repurchased roughly, $75 million worth of stock. they have $329.4 million remaining on the existing repurchase authorization from back in september. so, earlier this year. but bottom line beat and a beat. david: and as a result of that, by the way this stock is up 10% the past three months but right now, they are up about 6.25%. so a big win for gamestop. looks like it is winning after-hours as well, liz. liz: it is. we would loss like to express our happiness and hope and news that paul raines, the ceo, come through surgery for a small brain tumor. wishing him best of luck. david: absolutely. liz: we'll hear more about this on the conference call, continue to run the company. we'll watch for that. every time you see the company's stock price goes down it pops back up and does better. we're looking at gamestop. brent wilsey, talk about the market action, isn't it? fed speak and fed news book ending from yesterday and tomorrow where do you think this market goes? >> you know, liz, this is not a bad market. it is not overpriced. it is

gamestop, nordstrom among the biggest gainers, monster beverage and applied materials on earnings. >> bertha, thank you very much. officials in missouri have released 911 calls, surveillance video and the name of the officer involved in the police shooting death of unarmed teenager michael brown a week ago. tomorrow he is identify filled as six-year police officers darren wilson. officials say police were called to the scene after the report of a strong-arm robbery, this is what is seen in the surveillance video. moments after this, officer wilson encountered brown and a friend matching a description of the robbers, a struggle ensued, and shots were fired. a shooting sparked several days of looting and clashes between protester and riot-clad police. this always comes as members of congress are calling into question a controversial program called 1033. under which the department of defense transfers billions of dollars worth of surplus war zone equipment to state and local law enforcement agencies nationwide, including ferguson, missouri. to look at the program by the number. since its

we'll be hearing from dollar tree, hormel foods, sears, gap, intuit, salesforce, fresh market and gamestopte a busy day all in all. u.s. futures have been moving up. shares in hewlett packard falling after hours despite a surprise revenue gain in the third quarter thanks to a double digit jump in pc sales. david pearl is executive vice president and cochief investment officer and he joins us. david, good to see you. what do you make of hewlett packard's announcements? >> it was pretty much on target that the issue is the sustainability of revenue growth because it came mostly from pcs. the most price competitive business. so, really, their margins were impacted and it's not clear they can hold market share, which has gained over the last year and year over year, it was kind of easy for them. so the rest of their business unit printers are in secular decline. software sales were down. their services sales were down. their enterprise is good and most investors would like them to transfer to more of an enterprise oriented company, less of a consumer pc company, but they're still in the middle

gap and gamestop looking good. >> gap, great numbers. there. up 5.8%.st the consoles but the games themselves. david: on flipside, aeropostale getting crushed today. [closing bell ringing] >> they can't get the mix right. analysts are little concerned about aeropostale. liz: max the book closed on this week of trade. as the bells ring on wall street a week long trade for dow jones industrials and s&p 500. nasdaq shining once again hittings another 14-year high today. we do have the russell 2000 with just a tiny bit after gain, flipping over to the downside. barely a straddle here. so much for janet yellen's speech as didn't give markets one way or the other. david slugs his shoulders. let's get going on this friday. "after the bell" starts right now. david: we have a whole week of action to talk about. started like a bang and ended kind of like a whimper. john tuohey, has three picks about market

. >>> according to sec the ceo of gamestop had surgery to remove a small cancer russ brain tumor.found early and prognosis is good. those are some of the hot stories on foxbusiness.com. >>> coming up evidence that solar pan necessary are not what the administration wants them to be. >>> living in a multimillion-dollar house for nothing of all you have to do is decorate. we'll have latest on the new trend. you can take advantage of it ♪ (trader vo) i search. i research. i dig. and dig some more. because, for me, the challenge of the search... is almost as exciting as the thrill of the find. (announcer) at scottrade, we share your passion for trading. that's why we rebuilt scottrade elite from the ground up - including a proprietary momentum indicator that makes researching sectors and industries even easier. because at scottrade, our passion is to power yours. hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full

news, we had act vision announce the new title called destiny is the most preordered new game in gamestoptory, on track to sell about 20 million units this year. it just goes to show that consumers are willing to spend on games when they feel like they're getting their money's worth. we also just saw that sony's new placestation 4 hit a new record, over 10 million units. people are willing to spend when it comes to the right kind of game. >> very important point. we need to separate the traditional gaming instrument and these sort of new mobile social game space players. why do you think they're different? >> king and zynga are a couple key issues. they're reliant on a couple key franchises, and very low barriers to entries. people are going to ditch candy crush and play the kim kardashian game, so low barriers to entry and effectively they're free games that the game makers have to convince you to spend to play on them. you know if you're buying a console game, you'll get your money's worth and may even spend for a little extra digital content. it's a challenge to convince people and a l

. >> gamestop, booming demand for its new consoles up to more the doubled the quarterly profit gains.he news. >> ebay. thats climbing on the news they could spin off paypal as early as next year. they have been telling potential candidates that the top spot at paypal is considering spinning off the unit. do not forget that carl icahn has been really pushing for a division of these companies. >> they always listen to him later. they always go back after hehting fohim, and do what said. >> foot locker. the quarterly estimates topped analyst estimates. area. aeropostale, may shut down another 175 stores on top of the 125 closings it announced for its children's brand. the announcement of a mega the is powering shares in premarket. are at the open, the futures market is ever so slightly weaker. it is a very big day because janet yellen be speaking in jackson hole wyoming. lots of central bank talked that we will be getting into as we get into the day of training. i want to bring in the chief , who says officer that with the rates going up you want to position yourself into dividend paying

analysts are very optimistic that gamestop will continue to do well going into the holiday season. >> right, i appreciate your time this morning. director of research at thompson reuters. >>> earlier on the show, we asked you, is the party over on wall street? should you just head off to the beach for a vacation? never a bad idea, is it? josh has tweeted in. he says the u.s. markets are running out the back door screaming and crying. that's it for today's show. i'm carolin roth. for our uk viewers, stay tuned for the inflation report coming up in about 30 minutes' time. see you soon. [ male announcer s was the first modern airliner, revolutionary by every standard. and that became our passion. to always build something better, airplanes that fly cleaner and farther on less fuel. that redefine comfort and connect the world like never before. after all, you can't turn dreams into airplanes unless your passion for innovation is nonstop. ♪ >>> good morning. welcome to "squawk box." the u.s. now considering a military mission to save thousands of refugees from isis. >>> and more u.s. advis

after the bell, gap, salesforce, and gamestop. >> let's do a data check. equities, bonds, currencies, commodities . we want to get onto our bloomberg terminal chart. the euro turns $1.3263. american oil $92.79. this near dow 17,000. .old sell $14 massive support at 1200 come as we have a ways to go, brent crude not near 100 yet. sterling off the mark over the last two weeks. a little calculus here. august calculus. he or is the vicks over the last couple of weeks. this is the complacency. -- wet is the correction are all going to die. 17,000, s&p 2000, under the 12 mark there on the vexed, suddenly it is quite as complacent. >> all is well again. >> all is well, unless you read the fed minutes yesterday, which we will get to. let's get to front page. we looked at the newspapers, and the webpages. here is scarlet fu. >> we had overseas. the u.s. had tried to rescue james fully come of the american journalist who was killed. he white house disclosed that special operations forces mounted attempts for foley and other americans held by islamic extremists in sy

gamestop, the number one performer in the s&p 500 up 8 %. game stop has results.s a rocky road earlier in the year, but these results beat the street thanks to the new consul. >> refresh and technology brand as well. >> a good quarter for game stock. >> unfortunate news with the ceo. >> he's unwell. however, he's still in the job. >> there's a press release out. >> not traveling for six weeks. >> said it would not affect leadership, had a brain tumor -- >> let's not dwell on it. he's not well. let's move on. >> let's move on to news, the continuing battle between allegan and valiant. the key is the ability to call a special meeting by delivering more than 25 % of the votes for said request for special meeting. we have been waiting to do that, and i can tell you today, according to sources familiar with the situation, valeant and persing will request the special meeting delivers 30% of the outstanding shares requesting special meeting. again, that is expected to be done today by the close of business. valeant will request a special meeting of shareholders, and will

i mean, some good examples are delta air lines, gamestop, best buy, ford. have had troubles. they've been sold off by the market. and they've offered good opportunities from a value perspective because they're fundamentally strong companies. >> michael, let's talk a little bit about bonds. i believe it was you who said earlier that you look at this as an opportunity to shorten your durations. what point on the yield curve do you think is the sweet spot? >> i think right now anything three to five years is where i would want to be buying. you know, the muni market's a different story because we've seen so much healing in municipal governments. they've balanced their budgets, they've got budget surpluses now that they didn't have for quite some time. and the credit quality in the municipal world has gotten better real quick. we've gotten through detroit, we've gotten through some of the other problems that were out there over the last couple years and i think it's a very healthy place to be. >> all right, guys. thank you very much. we appreciate your being wi