Comcast Corp
JPMorgan breaks from relaxation of Wall Road, says you should not chase Disney shares listed here
Disney’s inventory may possibly be receiving in advance of by itself soon after the return of famous CEO Bob Iger, according to JPMorgan. Shares of the media giant rallied after the Sunday night announcement that Iger was changing Bob Chapek , his previous successor. Wall Road analysts mainly cheered the go, with MoffettNathanson upgrading Disney […]
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Marvel didn’t recast Chadwick Boseman in ‘Black Panther: Wakanda Forever’ — and it was the right move
A still from the movie “Black Panther.” Source: Marvel In August 2020, Disney’s Marvel Studios was faced with an unenviable task — how to handle the sudden and tragic death of Chadwick Boseman, the star of its megahit film “Black Panther.” At the time of Boseman’s death from colon cancer, director Ryan Coogler had already […]
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Outgoing Charter CEO Tom Rutledge says in an exclusive CNBC interview that there’s ‘pain to come’ as linear TV gives way to streaming
Charter Communications Chief Executive Officer Tom Rutledge will be stepping down as the company’s CEO on Dec. 1. He will remain as executive chairman until November 2023, when his contract expires. Rutledge referred to his decision to leave as “retirement,” but the 70-year-old executive, who has been in the industry for 50 years, told CNBC […]
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Fox earnings lifted by advertising revenue from free streaming service Tubi
Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its free, ad-supported streaming service Tubi appears to be paying off for the company. On Tuesday, the company reported earnings for its first fiscal quarter, noting that […]
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Stocks making the biggest moves midday: Meta Platforms, ServiceNow, Teladoc, Credit Suisse & more
In this article MRK CSG.N-CH SNBR META Follow your favorite stocksCREATE FREE ACCOUNT Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading Thursday. Meta Platforms — The Facebook parent slumped 22.4% after issuing weak guidance for the current quarter and missing earnings estimates for the […]
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Shares earning the biggest moves premarket: Meta, Ford, Honeywell, Caterpillar & additional
In this short article META CAT HON Adhere to your most loved stocksDevelop Absolutely free ACCOUNT A signal is found outside of the inaugural bodily retailer of Fb-owner Meta Platforms Inc in Burlingame, California, May possibly 4, 2022. Brittany Hosea-Smaller | Reuters Test out the providers making headlines before the bell. Meta — The social […]
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Comcast tops expectations as it squeezes out a small gain in broadband subscribers
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. Shares jumped 8% in premarket trading. Here’s how Comcast did in the third quarter of 2022 compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv: Earnings per […]
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Universal Vacation resort shuts in Beijing due to Covid actions
Travellers go to the Universal Beijing Resort on September 21, 2022 in Beijing, China. Yi Haifei | China News Service | Getty Pictures Amusement park Common Resort mentioned on Wednesday it had quickly closed owing to Covid-19 avoidance steps in Beijing, as cases rise in the Chinese funds regardless of some of the hardest antivirus […]
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Walmart, Disney among the top rated 12 employers that laid off hundreds during the pandemic, Home inquiry finds
The nation’s premier businesses collectively laid off far more than 100,000 workers in the course of the pandemic, in accordance to a report introduced Tuesday by a Property subcommittee. Hourly employees ended up hit specially challenging. Not only had been they more likely to get fired in 2019, 2020 and 2021 than salaried workers, but […]
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Netflix’s message to shareholders: Focus on revenue and profit, not subscriber adds
Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argument with several pointed comments in its quarterly shareholder letter. The world’s largest streamer said it will stop forecasting paid subscriber adds. The […]
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