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Benzinga's Weekly Bulls & Bears: AbbVie, Kinder Morgan, Paypal, Starbucks, Wynn And More
Sunday, February 4, 2018 - 2:28pm | 765Benzinga has featured a look at many investor favorite stocks over the past week. Bullish calls featured a top biotech, an online payment company and an energy infrastructure giant. Bearish calls included a leading coffee chain, REITs and a hotel operator in the news. Volatility came...
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IAC/InterActiveCorp: 'A Successful Past With A Brighter Future'
Friday, February 3, 2017 - 1:03pm | 419Online content company IAC/InterActiveCorp (NASDAQ: IAC) reported strong fourth-quarter results, despite a mixed quarter from Match Group Inc (NASDAQ: MTCH), highlighting more stabilization and increasing contribution from HomeAdvisor and video. Match, HomeAdvisor And Video IAC owns an 86 percent...
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Ninja Turtles' Sequel Stalls Out On Paramount, 'Me Before You' Surprises For Warner Bros.
Tuesday, June 7, 2016 - 9:38am | 231The box office gives, and it takes away. This weekend, that scenario happened to Paramount (Viacom, Inc. NASDAQ: VIAB)) when its "Teenage Mutant Ninja Turtles" sequel "Out of the Shadows" faded over its opening three-day frame. The film struggled, despite a late surge to push its total to $35...
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Would Amazon Buy Lionsgate? These Analysts Aren't Convinced
Wednesday, February 24, 2016 - 2:37pm | 338Lions Gate Entertainment Corp. (USA) (NYSE: LGF) surged more than 5 percent on Wednesday following unconfirmed reports that Amazon.com, Inc. (NASDAQ: AMZN) is evaluating a bid to acquire the movie and TV producer and distributor. Speaking to Benzinga, Victor Anthony of Axiom Capital suggested...
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Here's Why Lions Gate Is A 'Mini Disney'
Friday, August 7, 2015 - 8:40am | 501Lions Gate Entertainment Corp. (USA) (NYSE: LGF) reported a fiscal first quarter 2016 adjusted EPS of $0.26, higher than the Street estimates. Sales arrived at $408.9 million. Some investors might have expected this report to attract new buyers, but Wall Street wasn't overly impressed. The...
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Tech Stocks Underperform Following Apple's Flash Crash, Holiday Retail Sales Disappoint
Monday, December 1, 2014 - 5:38pm | 880U.S. stocks were mostly lower on Monday, as the holiday shopping season may have disappointed some. The National Retail Federation reported that spending over the four-day Thanksgiving weekend declined 11 percent to $50.9 billion. However, ComScore estimated e-commerce spending rose 32...
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Here's Why Lions Gate Is Down Today
Monday, November 24, 2014 - 1:50pm | 622Lions Gate Entertainment Corp. (NYSE: LGF) was down 1 percent Monday after "The Hunger Games: Mockingjay - Part 1" failed to ignite the weekend box office. The third "Hunger Games" earned an estimated $123 million from domestic ticket sales, making it the weakest entry in...
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Markets Boosted From Strong Earnings Releases, Jobless Benefits
Thursday, October 23, 2014 - 5:14pm | 2034U.S. stocks rose on Thursday after Wednesday's decline on strong earnings reports from Caterpillar and 3M. Also, U.S. data showed a decline in Americans filing for jobless benefits. The bullish sentiment on Wall Street may have been spoiled by fresh reports of a doctor who recently returned...
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Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Thursday, August 21, 2014 - 5:16pm | 2993U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...
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Markets Mixed, NASDAQ Lower As Yellen Suggests Valuations Are Stretched
Tuesday, July 15, 2014 - 4:35pm | 2480U.S. stocks were mixed with the NASDAQ index declining after the Fed's Chief Janet Yellen suggested that some sectors are characterized by "stretched" valuations. In prepared remarks to the Senate Banking Committee, Yellen also claimed that interest rates could rise sooner and at...
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Markets Marginally Lower Ahead Of Earnings Season
Monday, July 7, 2014 - 4:37pm | 1929U.S. stocks were slightly lower as investors digested a report by Goldman Sachs speculating that the Fed Funds rate may be increased in the third quarter of 2015, earlier than expected. Earnings season unofficially kicks off this week with Alcoa (NYSE: AA) reporting on Tuesday. Many Dow...
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How Yahoo Is Using Tumblr To Increase Revenue
Monday, June 23, 2014 - 11:50am | 615Yahoo (NASDAQ: YHOO) CEO, Marissa Mayer wants to reverse the company’s decline in advertising revenue. She thinks the best way to do it is through a stable of digital magazines on a variety of topics including food, technology, movies and travel. Mayer’s goal is to get people...
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Earnings Expectations For The Week Of May 26: Abercrombie, Costco And More
Monday, May 26, 2014 - 12:39pm | 776Among the earnings reports due this holiday-shortened week are those from retailers Abercrombie & Fitch (NYSE: ANF), Costco Wholesale (NASDAQ: COST) and Dollar General (NYSE: DG). Strong results are also expected from semiconductor maker Avago Technologies (NASDAQ: AVGO) and from homebuilder...
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Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
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Market Wrap For March 24: Markets On Two-Day Losing Streak?
Monday, March 24, 2014 - 4:48pm | 1804U.S. stocks declined for the second straight session on little market-moving news. The Nasdaq index was hit harder than other major indices with investors and traders selling off otherwise solid performers like Facebook, Google, Tesla, Keurig Green Mountain and others. "These are all stocks...