|Bid||37.18 x 2200|
|Ask||37.19 x 6000|
|Day's Range||37.08 - 38.22|
|52 Week Range||32.55 - 42.70|
|PE Ratio (TTM)||17.88|
|Forward Dividend & Yield||2.00 (5.37%)|
|1y Target Est||N/A|
Yahoo Finance's Jared Blikre joins Alexis Christoforous from the floor of the New York Stock Exchange for the latest on the markets.
Hulu and YouTube are battling for subscribers for their respective live TV streaming services, according to a CNBC report out this morning, which says that Hulu Live has grown to 450,000 paying subscribers and YouTube TV has just over 300,000. Both are still trailing competitors, including Dish's Sling TV, which has more than 2 million estimated subscribers, and AT&T's DirecTV Now, which just hit 1 million. Of course, DirecTV Now has benefited from AT&T promotions that allowed customers to tack on the streaming TV service to their mobile plan for $10 per month, as well as those where it doled out free HBO.
According to the Wall Street Journal, Verizon (VZ) has inked a new five-year streaming deal with the National Football League for more than $2.0 billion. Under this deal, Verizon would extend the rights to stream NFL games to mobile devices across all mobile carriers. Verizon previously offered exclusive access to mobile streaming of NFL games.
U.S. stock futures are mixed this morning. President Donald Trump is scheduled to speak at the forum on Friday. At last check, Dow Jones Industrial Average futures are up 0.01%, S&P 500 futures are down 0.07% and Nasdaq-100 futures have added 0.06%.
Twenty-First Century Fox’s (FOXA) (or Fox’s) plan to return capital to its shareholders through a share buyback strategy slowed down in fiscal 2017. In the first quarter of fiscal 2018, Fox skipped its repurchase plan. From the graph above, we can see how Fox has returned capital in the form of share buybacks to its shareholders in the last five years.
Now let’s take a look at two important components of Sprint’s (S) wireless revenue. The larger component is the company’s wireless service revenue, and the smaller component is its wireless equipment revenue. The declining trend in the wireless segment’s service revenue is expected to continue during fiscal 3Q17 (quarter ending December 2017).