|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||99.90 - 101.40|
|52 Week Range||96.20 - 116.10|
|PE Ratio (TTM)||14.30|
|Forward Dividend & Yield||1.68 (1.67%)|
|1y Target Est||N/A|
Two of the three long recommendations from last Sunday, Intel (-0.6%), Microsoft (+2.1%) and Amazon (+5.7%) rose in the last week. There are many earnings reports in the coming week. Overall, earnings estimates were set too low during the preceding slow economy.
Netflix (NFLX) has been spending aggressively on high-quality original content, which has resulted in negative free cash flows. In 1Q18, Netflix’s free cash flow was -$287.0 million due to high content spending. Netflix said it expects free cash flow from -$3.0 billion to -$4.0 billion this year, compared to free cash flow of -$2.0 billion in fiscal 2017.
MANHATTAN BEACH, Calif., April 21 (Reuters) - "Avatar" director James Cameron said he still aims to make four sequels to the 2009 science-fiction blockbuster and is moving ahead with production while regulators review the proposed sale of 21st Century Fox's film studio to Walt Disney Co. Speaking to reporters on Saturday, Cameron said he is about 100 days into filming the second and third "Avatar" installments under a deal with Fox. "I'm personally committed to all of them," he said at the Manhattan Beach, California, studio where the sequels are being made.
Disney's Hollywood Studios hopes a new Pixar-themed expansion will help bring in guests before next year's Star Wars additions open.
Netflix (NFLX) has been gearing up its growth efforts by investing in content and marketing to add and retain subscribers. Netflix expects to increase its marketing budget from ~$1.3 billion in 2017 to ~$2.0 billion for 2018. Netflix plans to invest $7.5 billion–$8.0 billion in 2018 to generate original content, up from $6.0 billion in 2017.
The prevailing wisdom is to overweight in bonds in order to generate income and to allegedly reduce volatility in the overall portfolio. The other terrible advice that is given to current and pending retirees is that retirement investors should plow money into blue-chip stocks that pay dividends of 2% to 3%.
Walt Disney and Marvel’s Black Panther has now earned $676 million in North America, just shy of the inflation-adjusted gross of The Jungle Book to become the 32nd-biggest “tickets sold” grosser of all time. Beyond all of the other lessons, results and what-have-you concerning Ryan Coogler and Joe Robert Cole’s MCU hit, it may have single-handedly saved the domestic box office from irrelevancy. It’s no secret that China is on the cusp of becoming the biggest moviegoing market in the world.
Mattel Inc. ( MAT) Chief Executive Officer Margo Georgiadis is stepping down from her role as the toy maker tries to shake off a four-year sales slump. Mattel says Ynon Kreiz, a former studio executive, will take over on April 26, making him the company’s fourth CEO in four years. Geogiadis said she wanted to pursue a new opportunity in the technology sector, according to Mattel.
Now that he has lost the battle for 21st Century Fox’s entertainment assets to Walt Disney Co., where does Comcast CEO Brian Roberts go from here as his options for driving future growth at the world's largest cable company dwindle? If the companies prevail — and I realize that’s a big if — that would diminish the concerns from Fox's that a deal with Comcast would be blocked by antitrust regulators. If that happens, a Comcast transaction might prove to be more tempting for Fox shareholders since the Philadelphia-based company’s bid was 16% higher on a per-share basis than Disney's.
Jeff Bewkes and Randall Stephenson gave their arguments to a federal judge this week as to why their mega-merger should be permitted to go through. Here's what they said.
Ynon Kreiz has been a director on Mattel's board since June 2017, and was slated to be elected as the board's chairman at its shareholder meeting on May 17.
Netflix (NFLX) announced its 1Q18 results on April 16, 2018, and posted slightly better-than-expected earnings and revenues. In 1Q18, Netflix posted adjusted earnings of $0.64 per share, exceeding analysts’ consensus of $0.63 per share. The company posted total revenues of $3.7 billion, slightly better than the estimate of $3.69 billion. Its earnings and revenues increased ~60.0% and ~40.0% year-over-year, respectively.
Orlando's largest theme park operator adds more perks before its latest expansion is revealed in June.
Netflix NFLX is moving in on the mouse house. After adding billions in the last week, Netflix is edging closer to surpassing the Walt Disney Co. DIS 's market cap. "Netflix is really an outperformer," says Katie Stockton, founder and managing partner of Fairlead Strategies, on CNBC's " Trading Nation " on Wednesday.
A big reveal from Amazon ... the company has more than 100 million Prime members. CEO Jeff Bezos included the info in his annual letter to shareholders. The size of Amazon's Prime membership has been a long held secret and topic of speculation.
Thursday, April 19: Dick's Sporting Goods to destroy unsold assault rifles, Amazon's Jeff Bezos reveals +100 million Prime members, breakup fee seals deal between Disney and 21st Century Fox. Yahoo Finance's Dan Roberts pours over the details.