|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|
|Earnings Date||May 8, 2018|
|Forward Dividend & Yield||1.68 (1.67%)|
|1y Target Est||119.95|
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.
Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.
The "Squawk on the Street" crew discusses the latest details on Disney's bid for Fox and why the Fox board was resistant to Comcast.
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.
NEW YORK, NY / ACCESSWIRE / April 20, 2018 / Helios and Matheson, the majority stake holder of MoviePass, saw its shares crumble after announcing the pricing of a public share offering. Shares of Walt ...
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.
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.
The big news on Thursday morning is that Amazon.com, Inc. (NASDAQ: AMZN ) has reached 100 million Prime subscribers. It’s a major milestone for Amazon, and it took the company just 13 years to reach. Amazon ...
Netflix ( NFLX), the leading streaming content provider, is rolling out its long-awaited previews service for mobile in which users can access 30-second trailers of movies and shows. The feature is now available on the Netflix app for iOS and will be coming to Android soon. With consumers increasingly using their mobile devices to consume content it was only a matter of time before the feature landed on smartphones.
Sky (SKYB.L), the pay-TV group at the centre of a takeover battle between Fox, Disney and Comcast, reported a strong third quarter on Thursday, underlining its appeal to rival U.S. entertainment groups who want to expand in Europe. Chief Executive Jeremy Darroch said the British company was "well placed for the future" regardless of which company emerged as its ultimate owner. Sky added 38,000 customers, taking its customer base to nearly 23 million homes.
Sky Plc reported another set of strong quarterly results, a boon to shareholders anticipating a bidding war between 21st Century Fox Inc. and Comcast Corp. for the U.K. pay-TV broadcaster.