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Disney Shares Rise After Big Q4 Earnings, Sales Beat
Thursday, November 8, 2018 - 4:22pm | 305Walt Disney Co. (NYSE: DIS) has made strides to create expanded Disney-branded streaming platforms following the implementation of 21st Century Fox Inc. (NASDAQ: FOXA) assets and the launch of the ESPN+ streaming service. Disney Thursday afternoon reported earnings of $1.48 per share, beating the $...
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Benzinga's Bulls & Bears Of The Week: AMD, Seagate, Sprint, Nike, Zynga, More
Sunday, August 12, 2018 - 3:07pm | 887Benzinga has featured looks at many investor favorite stocks over the past week. Semiconductor stocks were featured in both bullish and bearish calls this past week. Bearish calls included the case for a coming split among the FAANG stocks. The bull run is more than nine years old, and yet the...
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Viacom Wants In On Vice
Friday, December 2, 2016 - 9:46am | 315Media conglomerate Viacom, Inc. (NASDAQ: VIAB, led by new CEO Robert "Bob" Bakish, is said to be considering buying a stake in millennial digital media start-up Vice, according to a New York Post report “Bakish wants to make his mark on the struggling media giant and is out to show his board...
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#PreMarket Primer: Monday, December 22: White House Struggles To Respond To Sony Hack
Monday, December 22, 2014 - 9:29am | 1058The White House is struggling to find an appropriate response to the cyber attack and violent threats against Sony Corp (NYSE: SNE), which were linked to the North Korean government. Republicans in Washington have been pushing the President to enact financial sanctions against the country, but...
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Tech, Semiconductors Among Worst Performers As Sell-Off Continues
Friday, October 10, 2014 - 4:06pm | 2294U.S. stocks continued to sell off on Friday on higher than usual volume. Semiconductor stocks were hit hard following Microchip's profit warning and cautious sector-wide comments. The rest of the tech sector was weak, especially "momentum" and high-beta stocks as the Nasdaq index...
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Markets Marginally Higher On Light Volume And Encouraging Geopolitical Developments
Monday, August 11, 2014 - 3:46pm | 2480U.S. markets managed to squeeze out small gains in lighter than normal volume, as geopolitical tensions may be calming down. Russia President Vladimir Putin said that the country will coordinate with the International Red Cross to send humanitarian aid to Ukraine. Meanwhile, Palestinians and...
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5 Recent Big Media Spinoffs
Monday, August 11, 2014 - 10:19am | 826Gannett’s (NYSE: GCI) announcement last Tuesday that it planned to spin off its print business, including USA Today, into a separate company was only the latest of several recent media spinoffs. Here's a look at how the deal stacks up against the others. The Debt Question Gannett...
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S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Thursday, August 7, 2014 - 3:41pm | 2840U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...
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#PreMarket Primer: Wednesday, August 6: Sprint Prepares To Go It Alone
Wednesday, August 6, 2014 - 6:17am | 1170After months of negotiations to take over T-Mobile, Sprint has decided to build up its subscriber base and compete with the likes of Verizon and AT&T on its own. At a board meeting on Tuesday, the company decided to abandon a deal that valued T-Mobile at $32 billion and instead, focus on...
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#PreMarket Primer: Monday, July 28: Tension Between U.S. And Israel On The Rise
Monday, July 28, 2014 - 5:59am | 1184With the fighting between Israeli forces and Hamas militants temporarily on hold due to a 24 hour pledge to stop the fighting, many are criticizing U.S. Secretary for State John Kerry for being too accommodative of Hamas in the truce agreement. On Monday, Israeli officials said the nation doesn...
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Markets Mostly Higher As Earnings Season Continues To Impress
Wednesday, July 23, 2014 - 3:55pm | 2953U.S. stocks were mostly higher as investors and traders continue to weigh in on earnings from large-cap companies like Apple, Microsoft, Facebook, and momentum high-flyers like Chipotle Mexican Grill and Intuitive Surgical. Despite geopolitical concerns, the S&P 500 managed to close at a...
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Markets Lower As Geopolitical Uncertainty Continues
Monday, July 21, 2014 - 3:46pm | 2931U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...
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Investors Focus On Earnings Rather Than Geopolitical Tensions
Friday, July 18, 2014 - 5:08pm | 2627U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...
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Markets Sell-Off After Malaysian Airline Crash In Ukraine
Thursday, July 17, 2014 - 3:50pm | 3179U.S. stocks sold off after news reports began to surface that a Malaysian Airlines jet has crashed in Ukraine. While details have yet to be confirmed, a Ukraine minister claimed that the plane, which carried nearly 300 people, was shot down by rebels. Also not helping the market sentiment...
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#PreMarket Primer: Thursday, July 17: Russia Hit With New Sanctions
Thursday, July 17, 2014 - 6:17am | 1273Russia has been slapped with a new set of sanctions designed to economically isolate the nation as President Vladimir Putin has ignored calls from the U.S. and the EU to use Moscow’s influence to end the conflict in Ukraine. The new round of sanctions steps up U.S. efforts to hurt the...