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GameStop profit crashes US videogame retailer GameStop has reported a 13.3 per cent fall in first-quarter profit and halted its quarterly dividend, immediately sending its shares down 26 per cent to US$5.88, their lowest level since 2003. Net sales fell US$1.55 billion from US$1.79 billion in the same period last year, and the company expects its full-year sales to fall between 5 and 10 per cent. The Dallas-based company has been struggling with shrinking profits as consumers shift to downloadab

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