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5 things to know before the stock market opens Monday
Traders work on the floor of the New York Stock Exchange. NYSE Here are the most important news items that investors need to start their trading day: 1. Hanging on The three major stock indices are still in positive territory this month despite last week’s choppy results. Stocks closed Friday on a high note, with […]
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‘M3gan’ is setting the stage for a big year for horror movies at the box office
A lifelike doll programmed to be a child’s greatest companion and a parent’s greatest ally turns murderous in Universal Studios and Blumhouse’s “M3GAN.” Universal A fashion-forward, murderous doll is ringing up big bucks at the box office. “M3gan,” the newest release from the Universal Studios and Blumhouse collaboration, will end up with more than $100 […]
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Earnings could keep the marketplace on edge in 7 days forward as investors hold out for Fed
Earnings information will preserve buyers fast paced and marketplaces volatile in the coming 7 days, as the Federal Reserve’s up coming rate hike will get closer. A numerous group of extra than 80 S & P 500 providers report such as industrials, these kinds of as Boeing and transports like Union Pacific , CSX , […]
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In the fight against slowing growth, Netflix and its rivals are all in this together
For the past three years, the global media and entertainment industry has been defined by the streaming wars. Each media company created a streaming service to compete. Only the strongest would survive, the narrative went. The losers would consolidate or die. Last year, the streaming wars didn’t end, but a metaphorical meteor approached the entertainment […]
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A busier movie calendar will lead to a 15% jump in box office sales, JPMorgan predicts
Slow and steady will win the race at the box office this year, according to JPMorgan analyst David Karnovsky. He is predicting a 15% year-over-year jump in North American movie ticket sales to $8.49 billion in 2023. The double-digit gain is driven by two factors. The first is tied to the depressed state of the […]
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WWE’s smaller rival AEW interested in merger, sources say
WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images All Elite Wrestling, a professional wrestling league owned by the Khan family, is interested in merging with World Wrestling Entertainment, according to people familiar with the matter. The Khans, who […]
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Nelson Peltz’s attempt to join Disney’s board could force much-needed accountability
If Nelson Peltz were to win his fight to join Walt Disney ‘s (DIS) board of directors, the activist investor could force a level of accountability at the company that’s sorely needed. Peltz is the CEO and founder of Trian Partners, an investment firm that owns 9.4 million shares of Disney valued at nearly $940 […]
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Nelson Peltz lays out his case for Disney proxy fight, slams Fox acquisition
Disney is facing a proxy fight as Nelson Peltz’s activist firm Trian Fund Management pushes for a seat on its board. Peltz spoke on CNBC’s “Squawk on the Street” on Thursday, making his case for the fight his firm has picked with Disney, raising issues with Disney’s $71 billion acquisition of Fox in 2019 and […]
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‘Top Gun: Maverick’ and Disney were the box business office leaders in an or else comfortable 2022
Tom Cruise in “Leading Gun: Maverick” Supply: Paramount “Leading Gun: Maverick” was the greatest grossing theatrical release in 2022, but its $719 million haul wasn’t more than enough to make its studio, Paramount, ruler of the domestic box workplace. The Tom Cruise-led action film was a juggernaut, producing $719 million in ticket sales in the […]
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Vince McMahon is back at WWE to ensure a smooth sale process. Here’s who might want to buy it
World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Ethan Miller | Getty Images Vince McMahon has returned to the World Wrestling Entertainment board of directors to facilitate potential sale talks ahead of the company’s […]
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