The investor said on Twitter Friday that he planned to buy the stock because of its low valuation.» Read More
Sony's "Fury" captured $23.5 million in ticket sales during its opening weekend, according to studio estimates Sunday. "The fall movie season is all about making the transition from the PG-13 world of summer to the R-rated, edgier world of the fall and awards season," said Paul Dergarabedian, senior media analyst for box-office tracker Rentrak.
Comcast Corp. rose $1.09 or 2.2 percent, to $50.68. Walt Disney Co. rose $2.09 or 2.6 percent, to $83.83. Gannett rose$. 36 or 1.3 percent, to $27.69.
Comcast Corp. rose $1.51 or 3.0 percent, to $51.10. Walt Disney Co. rose $2.80 or 3.4 percent, to $84.54. Gannett rose$. 48 or 1.8 percent, to $27.81.
Comcast Corp. rose$. 92 or 1.8 percent, to $50.51. Walt Disney Co. rose $1.88 or 2.3 percent, to $83.62. Gannett rose$. 28 or 1.0 percent, to $27.61.
NEW YORK, Oct 16- Time Warner Inc's decision to make its prized HBO channel available to people who don't subscribe to Pay TV may delight such "cord cutters" but will likely crank up tensions with cable and satellite TV service providers. HBO Chief Executive Richard Plepler did not discuss price or potential partners on Wednesday when he revealed the news before...
Comcast Corp. fell $1.26 or 2.5 percent, to $49.59. Walt Disney Co. fell$. 34 or. 4 percent, to $81.74. Gannett rose$. 45 or 1.7 percent, to $27.33.
Oct 16- Blindsided by a surprise drop in new subscribers to Netflix Inc, analysts slashed their price targets on the video-streaming company as it shed a fifth of its value on Thursday. Their advice came too late for investors who had followed the recent "buy" guidance of at least 20 brokerages- not least BTIG Research, which upgraded the stock just two days before...
Comcast Corp. fell$. 95 or 1.9 percent, to $49.90. Walt Disney Co. fell$. 46 or. 6 percent, to $81.62. Gannett rose$. 49 or 1.8 percent, to $27.37.
Comcast Corp. fell$. 97 or 1.9 percent, to $49.88. Walt Disney Co. fell $1.16 or 1.4 percent, to $80.92. Gannett fell$. 08 or. 3 percent, to $26.80.
The disparity between net income and free cash flow was a ticking time bomb for Netflix stock, Wedbush analyst Michael Pachter says.
Oct 15- Netflix Inc signed up fewer video streaming subscribers than forecast for the quarter that ended in September as its U.S. growth slowed markedly, sending its shares plunging as much as 27 percent. Netflix attracted about 980,000 new customers in the United States, its largest market, down from 1.29 million in the same period a year earlier.
Comcast Corp. fell$. 62 or 1.2 percent, to $50.85. Walt Disney Co. fell $2.06 or 2.4 percent, to $82.08. Gannett rose$. 41 or 1.5 percent, to $26.88.
Oct 15- Netflix Inc reported quarterly net subscriber additions below its forecast due to lower subscriber growth in the United States, sending the video-streaming company's shares down as much as 27 percent in extended trading. Netflix added a net of about 3 million customers worldwide in the third quarter ended Sept. 30, below its forecast of 3.7 million.
NEW YORK— Martha Stewart Living said Wednesday that marketing and media services company Meredith Corp. will take over ad sales, circulation and production of Martha Stewart Living and Martha Stewart Wedding magazines. Martha Stewart Living Omnimedia Inc. said the deal will increase its annual operating income by $10 million to $15 million.
SAN FRANCISCO— This is a sequel that Netflix shareholders never wanted to see: The world's largest Internet video service has once again turned off potential viewers with a price increase that is punishing the company's stock price. The backlash surfaced in a third-quarter earnings report that Netflix Inc. released Wednesday. Netflix's subscriber growth...
Netflix reported earnings of 96 cents per share on revenue of $1.41 billion. Net adds were lower than expected.
LOS ANGELES, Oct 15- The superheroes of DC Comics will battle the Marvel heroes at the box office, as Warner Bros. confirmed plans for upcoming films on Wednesday that include new installments of "The Lego Movie" franchise and expansions of the "Harry Potter" world. The new release dates and casting details were issued by Time Warner Inc's Warner Bros. studios at the...
NEW YORK- Stocks plunge and the dollar slumps after the latest inflation data from the United States and China fan concerns about a global slowdown, driving investors into safe-haven government debt. -USA- ECONOMY/FED, expect by 2000 GMT/ 4 PM ET, by Howard Schneider, 350 words. WASHINGTON- The Federal Reserve is considering the use of its annual test on big banks as...
NEW YORK— Time Warner is banking on comic book superheroes, a new line of movies from the creator of Harry Potter and Lego franchise sequels to drive its box office numbers higher. The company's film studio, Warner Bros., plans to release at least 10 superhero movies over four years from its comic book unit DC Entertainment, beginning with 2016' s "Batman v Superman:...
Comcast Corp. fell $1.39 or 2.7 percent, to $50.08. Walt Disney Co. fell $3.26 or 3.9 percent, to $80.88. Gannett fell$. 25 or. 9 percent, to $26.22.