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Stocks advanced Wednesday after Spain promised to take wide austerity measures and Intel said it expects earnings growth to double.
After a long string of disappointing earnings results from the studio drew harsh criticism from CEO Bob Iger, it seems the business is back on track. "Alice in Wonderland" was the second-biggest movie Disney spacer has ever released, with the seventh-biggest global box office of any film.
After Disney reported its fiscal second quarter results I spoke exclusively with CEO Bob Iger, who is optimistic about what the company's results indicate about economic recovery.
U.S. stock futures are up as Europe is trading up 1 to 2 percent. The put/call ratio at the close yesterday was 1.28—meaning 1.28 puts bought for every call—fairly high. This is a contrarian indicator, as it represents stock that needs to be bought back eventually. What does it mean? It means traders are either getting short or hedging their long positions.
U.S. stock index futures pointed to a slightly higher open Wednesday as fears of contagion from the European debt crisis eased as Spain vowed to slash its public deficit.
Blockbuster "Alice in Wonderland" helped Disney beat expectations: every single division posted higher revenue, with revenue 6 percent higher than last year at $8.58 billion. Earnings per share of 48 cents beat analyst expectations, up 12 percent from last year's adjusted numbers.
In the after hours on Tuesday the traders were closely watching the action in Disney, which slipped in extended trade. How should you game this stock?
The Dow ended lower Tuesday as investors locked in some profits on stocks and sent gold to a new closing high as geopolitical worries left the market a little jittery.
What follows is a roundup of corporate earnings reports for Tuesday, May 11.
Stocks advanced in mid-afternoon trading Tuesday, led by consumer and techs, after major exchanges agreed to put curbs on big drops in individual stocks.
With so many mixed signals in the market, should you bias toward being bullish or bearish?
Stocks retreated as the global rally from the previous session lost momentum and euphoria over Europe's near $1 trillion debt rescue package faded. Gold prices soared.
U.S. stock index futures pointed to a lower open Tuesday as the global rally from the previous session lost momentum and euphoria over Europe's near $1 trillion debt rescue package faded.
The volatility that zapped stock prices in the past week could continue to deliver some jolts in the week ahead.
In a wild trading week that prompted major US exchanges to cancel trades amid fears of trader errors and computer system malfunction, the three major equity indices fell 5.7% or greater for the week.
The next three months are without a doubt Hollywood's most important season, generating an average 42 percent of annual box office. And this summer promises to generate the biggest U.S. box office on record — we could see over $4 billion dollars in tickets sold.
Stocks opened lower on Wednesday, following a selloff in the prior session, as Moody's put Portugal's debt rating on review. Barry James, president of James Advantage Funds, and Neil Hennessy, portfolio manager and chief investment officer at Hennessy Funds, shared their insights.
The networks consider this a crucial month not just for Sweeps, but because it's a crucial time to snag eyeballs and ad dollars as the season wraps up, before TV viewing drops during the summer.
Stocks advanced on this first trading day of May after some positive economic reports and details of a European financial rescue package for Greece provided some measure of relief.
It's not opening in the U.S. until Friday, but its launch in a number of international markets has already grossed over $100 million in ticket sales. This earlier opening (to avoid competing with the World Cup) yielded results 26 percent stronger than the first film in those markets. The film's expected to generate $120 million to $140 million in U.S. ticket sales this weekend.