94.26 0.00 (0.00%)
After hours: 4:22PM EDT
|Bid||0.00 x 1400|
|Ask||94.99 x 800|
|Day's Range||93.65 - 94.38|
|52 Week Range||85.88 - 103.90|
|PE Ratio (TTM)||14.20|
|Forward Dividend & Yield||1.61 (1.70%)|
|1y Target Est||N/A|
Thursday, May 24: NFL owners ban kneeling during national anthem, Trump considers auto import tariffs, Uber shares financial data. Yahoo Finance’s Dan Roberts serves the big stories.
The landmark decision means that New Jersey and other states, on a state-by-state basis, can choose to legalize sports betting within their own state. It is a decision that the NBA opposed, because even though NBA Commissioner Adam Silver has advocated for legalized sports betting, the leagues want it legalized at the federal level, rather than state-by-state, which is likely to result in a messy legal landscape for the time being. (The NBA reiterated in a statement after the ruling, "We remain in favor of a federal framework that would provide a uniform approach to sports gambling in states that choose to permit it.") Nonetheless, count Atlanta Hawks majority owner Tony Ressler in the camp of owners happy with the ruling.
Hulu and Great Clips have signed postseason partnerships with the NHL for this year, with Hulu also serving as the on-air presenting sponsor of NBC Sports’ pregame show.
AT&T Inc. is already testing just how tough antitrust enforcers in Washington are going to be on media deals that combine content and distribution. Comcast Corp. could be next to challenge their limits. The cable giant’s possible bid for 21st Century Fox Inc. assets would need approval from a Justice Department that has raised the bar for such deals, known as vertical tie-ups.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 33 years ago, Quantum Computer Sciences was founded in Delaware. Where The ...
Deadpool 2 earned around $8 million on Wednesday, a drop of 35% from Tuesday which brings its six-day total to $157m. The Ryan Reynolds sequel should end its first week with around $167m domestic before hoping for a $60m Fri-Mon holiday frame and $227m 11-day total. This film's performance will be very useful for comparison when Jurassic World: Fallen Kingdom opens in North America.
Comcast (CMCSA) has been investing in enhancing its network capacity, improving its investments in line extensions, and improving its spending on infrastructure and theme parks. As expected by Comcast’s management, its capex fell 5% to $2.0 billion in the first quarter due to a lower level of capex on CPE (customer premises equipment).
Netflix’s (NFLX) original programming seems to be leaving the likes of HBO (TWX), Amazon (AMZN), and Hulu in the dust. According to new research by Morgan Stanley published in Variety, 39% of respondents said that Netflix had the “best original programming” among all subscription services compared to 33% last year. Morgan Stanley’s survey polled 3,100 American adults over the age of 18.
Hedge fund managers are supposed to be some of the best stock-pickers in the world. While that hasn’t necessarily been true for the past several years (hedge fund returns have been choppy during that stretch while the market has simply roared higher), hedge fund managers seem to be getting their groove back in 2018. The hedge fund world’s favorite stock is tech giant Facebook, Inc. (NASDAQ:FB).
Just last week, I wrote a piece on why the S&P 500 could rally big this summer, and which summer stocks to buy to maximize return in that rally. This combination of historically normal valuation and historically above-normal earnings growth has the S&P 500 trading at a PEG (price-to-earnings/growth) ratio of just 1.
The streaming service has hired two new vice presidents to help evolve and drive Hulu’s overall marketing strategy.
Netflix may have unparalleled value, but HBO Creative Consultant Frank Rich says HBO has Netflix beat as far as quality of content and transparency for creators.
AT&T (T) plans to get its Mexico unit out of the red this year, but its priority is also closing its pending acquisition of Time Warner (TWX). The court’s decision on whether AT&T can close the acquisition is expected by June 12. The United States Department of Justice (or DOJ) filed a lawsuit to block AT&T from acquiring Time Warner, saying a merger of the two companies would hurt consumers through higher pay-TV prices or limited television choices.
On April 25, Comcast (CMCSA) reported impressive first-quarter results, delivering better-than-expected earnings and revenue. The media and cable giant has exceeded earnings expectations for the past five consecutive quarters. Comcast reported adjusted EPS (earnings per share) of $0.62 in the first quarter.