Business news for Mon, 31 Dec 2007 & with words group+market+sales. 3 news.

Shares in Game Group hit an all-time high Monday after the computer and video game retailer said it expects to beat market expectations following strong sales over the Christmas period. More broadly, the FTSE 100 index ended lower in shortened trading.

Reuters - British computer and video games retailer Game Group Plc said it expected its full-year profit to be ahead of an average market forecast after continued strong sales in the run-up to Christmas, boosting its shares.

LONDON (MarketWatch) -- U.K. computer and video game retailer Game Group said Monday that, following strong sales in the last few weeks, it now expects pretax profit excluding one-off items for the year ended Jan. 31 to be ahead of market expectations. The group said pretax profit should be at least 70 million pounds ($139.7 million), compared to 29.5 million pounds a year ago. As previously announced it expects non-recurring costs to be around 8 million pounds.