30.31 +0.40 (1.34%)
Pre-Market: 5:51AM EST
|Bid||30.20 x 1300|
|Ask||30.30 x 1000|
|Day's Range||29.17 - 30.09|
|52 Week Range||28.85 - 39.33|
|Beta (3Y Monthly)||0.46|
|PE Ratio (TTM)||5.81|
|Earnings Date||Jan 30, 2019|
|Forward Dividend & Yield||2.00 (6.55%)|
|1y Target Est||34.40|
New Netflix streaming numbers from 7Park Data reveals Netflix might be well prepared to do well even as Disney and Fox pull their shows and movies.
The E.W. Scripps Company is betting that crime actually does pay. Katz Networks, a division of E.W. Scripps, said Monday that it is reviving Court TV, the cable network that helped turn American judicial proceedings into TV spectacles with gavel-to-gavel coverage of grisly murder trials of defendants like O.J. Simpson and Casey Anthony. The network, which has been off the air for more than a decade, will be delivered through over-the-air broadcasts and cable TV via deals Katz Networks has struck with local TV station owners such as Tribune Media Co. and Univision Communications Inc. It will launch in May.
Shares of Roku (NASDAQ:ROKU) have been pulverized over the past few months, despite running an excellent business. One could argue that Roku shares were overvalued and many bulls would concede the fact that it wasn’t cheap. It’s why Netflix (NASDAQ:NFLX) has outperformed so much over the past five years and why Disney (NYSE:DIS), AT&T (NYSE:T), HBO, Showtime and countless others have been rolling out their own streaming services.
Not only has Verizon Communications (NYSE:VZ) generally shrugged off the correction that started in October, VZ stock is up more than 5%. One of the issues for defensive stocks — utilities and telecoms, such as Verizon — has been rising interest rates. The Fed’s consistent tightening policy since late 2016 has pushed short-term interest rates up.
The United States and Australia have banned Huawei products from being used to build their 5G networks. According to a recent report by the Wall Street Journal, the United States has even gone the extra mile to ask friendly countries to shun Huawei products in their 5G network buildout. Huawei is a fierce rival of Ericsson (ERIC) in the telecom equipment vendor market.
Netflix (NFLX) has been the leading global streaming company for a while now. The arrival of over-the-top (OTT) streaming services has led to a fall in traditional TV services in recent years. Netflix’s problem is compounded because these companies will be pulling their content from the streaming giant.
With only one “new” title opening wide in theaters this weekend — and that was a re-release of a 25-year-old movie — the domestic box-office charts looked pretty much the same as last weekend. For one thing, the top two ticket sellers — The Walt Disney Co. (NYSE: DIS) flick “Ralph Breaks the Internet” with $16 million and Universal's “The Grinch” with $15 million — mark the first time that two animated movies have topped the box office for two weeks in a row. Year-to-date, the 2018 domestic box office will pass $11 billion this week, marking the fastest that threshold has ever been reached.
Shares of Apple (AAPL) dipped once again Monday morning after Citi analysts cut their Apple price target amid increased worries about the iPhone giant's future. Plus, a Chinese court's ruling in favor of Qualcomm (QCOM) spell trouble for Apple.
As of December 4, Sprint’s (S) market capitalization was $25.1 billion, making it the fourth-largest US mobile carrier. In comparison, T-Mobile’s (TMUS) market capitalization was $56.5 billion, Verizon’s (VZ) was $240 billion, and AT&T’s (T) was $223.7 billion.
NEW YORK (AP) — You might have heard of lights that turn off with an app or voice command. Or window shades that magically rise every morning.
Sprint (S) closed at $6.16 on December 4. Based on that closing price, Sprint had a market capitalization of $25.1 billion, the lowest among major US mobile carriers. The stock was trading 28.1% above its 52-week low of $4.81 and 6.9% below its 52-week high of $6.62.