RICHMOND, Va.— In a story May 24 about Universal Corp.' s earnings— generated by Automated Insights using data from Zacks Investment Research— The Associated Press reported erroneously that the company reported adjusted quarterly profit of 37 cents per share. Universal Corp. posts profit of $48 million in fourth quarter. RICHMOND, Va.— Universal Corp. on Tuesday...
RICHMOND, Va. _ Universal Corp. on Tuesday reported fiscal fourth-quarter profit of $48 million. The Richmond, Virginia- based company said it had net income of $1.72 per share. Universal Corp. shares have fallen roughly 2 percent since the beginning of the year.
The North American box office sizzled as Disney and Pixar's "Inside Out" and Universal's "Jurassic World" duked it out at the multiplexes.
This is the first time such a racy movie has inspired branded merchandise, from the NC-17 variety to the PG.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
What stocks might the father of value investing, Benjamin Graham, like today? TheStreet.com reports.
Sony has secured financing from Abu Dhabi’s investment fund for EMI as second-round bids for the UK music company came in before a deadline last night, people close to Citibank’s $3.5bn-$4bn auction said. The FT reports.
Bids for EMI suggest that the British music company could fetch more than $4 billion, allowing Citigroup to recoup about three-quarters of the money it lent to Guy Hands’ ill-fated private equity buy-out in 2007.
The Lightning Round is extended in this CNBC.com exclusive feature.
Based on the theory that bond analysts look more closely at company balance sheets, Peter Andersen, portfolio manager at Congress Asset Management, recommends picking stocks based on how company bonds are performing. Read this post to pick his brain.
Cramer makes the call on viewers' favorite stocks.
Peter Andersen of Congress Asset Management Company and Steve Grasso at Stuart Frankel, told CNBC how investors can prepare their portfolios for the weekend.