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Weekend Movies Stronger Than Forecast, Still Short Of Last Year
Tuesday, January 17, 2017 - 9:49am | 350Although weekend box office revenues topped expectations, the box office was down double-digits against last year's tough comps, MKM Partners’ Eric Handler said in a report. He added that comps would continue to be tough in Q1 2017. Over the weekend, the top 10 films generated a total...
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'Rogue One' Gives December Box Office A Bigger Boost
Monday, December 19, 2016 - 12:49pm | 272MKM Partners said Walt Disney Co (NYSE: DIS)’s "Rogue One" helped drive a strong absolute weekend gross and gave December box office a big fillip. "Rogue One: A Star Wars Story" easily finished in first place with revenue of $155 million, which topped MKM’s...
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Investors Cheer Take-Two Interactive's Earnings; What Does The Street Think?
Friday, November 4, 2016 - 10:54am | 520Take-Two Interactive Software, Inc. (NASDAQ: TTWO) saw its shares gain nearly 8 percent on Thursday and hit a new 52-week high of $49.99 after the company reported a top- and bottom-line beat in its second-quarter earnings report. Here is a look at what some of Wall Street's top analysts had to say...
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The Street Isn't Seeing The Big Picture For IMAX
Monday, October 17, 2016 - 9:53am | 288Shares of IMAX Corporation (USA) (NYSE: IMAX) are down 15 percent year-to-date, versus a 4 percent gain in the S&P 500. “We view the shares of IMAX as oversold and continue to believe in the company's long-term growth story,” MKM Partners’ Eric Handler said in a report....
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Mattel Not Toying Around With Its Turnaround Effort
Monday, October 10, 2016 - 1:57pm | 395MKM Partners believes that the recent pull back in stock price of Mattel, Inc. (NASDAQ: MAT) and the turnaround efforts provided favorable catalyst to upgrade from Neutral to a Buy rating. The firm has a price tag of $36 on the company's stocks. Since August 11 when the stock hit $34.12, shares of...
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MKM Bullish On AMC's Earnings Report: Improved Attendance And Better Pricing For AMC Entertainment
Tuesday, August 2, 2016 - 3:51pm | 210On Monday, AMC Entertainment Holdings Inc (NYSE: AMC) reported Q2 earnings per share of $0.24 vs. estimates of $0.27 and revenues $764 million vs. estimates of $773.0 million. Shares fell following the report, despite top analysts being bullish on the news. MKM Partners' Eric Handler...
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Electronic Arts Guidance Should Ease Any Investor Concerns
Thursday, May 12, 2016 - 12:01pm | 386MKM Partners said the FY17 EPS guidance of Electronic Arts Inc. (NASDAQ: EA) "will prove conservative" and should ease any investor concerns on the stock. The video game maker's fourth-quarter earnings of $0.50 topped MKM/consensus view of $0.45/$0.42 and revenue of $924 million surpassed MKM's $...
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Disney's 'Zootopia' Could Be Biggest Animated Film Ever
Monday, March 7, 2016 - 8:58am | 315Walt Disney Co (NYSE: DIS) animated feature "Zootopia" recorded $73.7 million in its opening weekend in the US. This marks the highest ever debut weekend for a non-Pixar Walt Disney animated film. "Zootopia" earned $158 million overseas, taking the film’s earnings to $232.5 million...
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MKM Likes Time Warner In 2016: Here's Why
Wednesday, February 3, 2016 - 10:07am | 362The share price of Time Warner Inc (NYSE: TWX) has appreciated 9.05 percent over the past one month, reaching $72.99 on February 1. MKM Partners’ Eric Handler has maintained a Buy rating on the company, with a price target of $84. Handler believes the company is in the early stages...
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MKM Remains Bullish On EA, Activision Blizzard, Take-Two
Thursday, January 21, 2016 - 9:24am | 680Electronic Arts Inc. (NASDAQ: EA) shares declined 3 percent since December 21, while shares of Activision Blizzard, Inc. (NASDAQ: ATVI) were down 10 percent and Take-Two Interactive Software, Inc. (NASDAQ: TTWO) lost 6 percent. MKM Partners’ Eric Handler has a Buy rating for all three...
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MKM Sees EA As the 'Best Idea' For '16 In Media & Entertainment Group
Wednesday, January 13, 2016 - 4:37pm | 228MKM Partners issued an industry update on the Media and Entertainment space, giving their Outlook for 2016. Specifically, analysts said Electronic Arts Inc. (NASDAQ: EA) is their top pick. Analyst Eric Handler wrote, "Electronic Arts offers the most capital appreciation potential among its...
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Disney's 'Star Wars' Has Box Office On Track To Hit MKM's Q4 Estimates
Monday, December 28, 2015 - 10:26am | 337Shares of Walt Disney Co (NYSE: DIS), IMAX Corporation (USA) (NYSE: IMAX) and AMC Entertainment Holdings Inc (NYSE: AMC) have declined by high single-digit percentage since November 30. MKM Partners' Eric Handler maintained Buy ratings on both IMAX and AMC, with price targets at $44 and...
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EA's Prospects Keep Rising
Friday, October 30, 2015 - 8:37am | 262Electronic Arts Inc. (NASDAQ: EA) shares have surged 60.53 percent year-to-date, reaching a high of $76.77 on October 28. MKM Partners Eric Handler has maintained a Buy rating on the company, while raising the price target from $82 to $84. The company has reported robust Q2 results and...
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Sky-High 'Star Wars Battlefront' Expectations Mean Good News For This Stock
Wednesday, October 14, 2015 - 2:32pm | 334Shares of Electronic Arts Inc. (NASDAQ: EA) have gained more than 50 percent year-to-date and more than 115 percent from a year ago. Eric Handler of MKM Partners sees further upside in EA's stock as he upgraded the name to Buy with an $82 price target. Handler cited a better than expected debut...
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Box Office Review: 'Good, But Not Great;' IMAX Just Set A September Record
Monday, September 21, 2015 - 3:49pm | 370Eric Handler of MKM Partners commented in a note that this weekend's top 10 box office films grossed $97 million – short of the $113 million he was expecting. Quarter-to-date box office revenue is up only 4.4 percent, below the analyst's 7 percent growth forecast. IMAX Corporation (USA) (...