After today’s close, we’ll get to see earnings out of the Mouse House from Walt Disney Co. (NYSE: DIS). First Call has estimates of $0.61 EPS on $9.14 Billion in revenues for…
Douglas A. McIntyre Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. Hector Ruiz…
24/7 Wall St. recently listed The 25 Most Valuable Blogs. Two have been sold. Ars Technica was acquired by Conde Nast for about what we estimated. The 24/7 price tag was $15…
These are ten of the analyst calls with upgrades and downgrades we are focusing on this Monday morning in pre-market trading: Acme Packet (NASDAQ: APKT) cut to Underweight at JPMorgan; cut to…
According to Reuters, the Fed is seen as holding rates on fears of inflation. Reuters writes that the CEO of Nissan is bracing for the worst in the US. Reuters writes that…
Disney (DIS) has recruited another clueless child, whose parents are undoubtedly surfeited with the idea of becoming multimillionaires, to be its next multimedia star. The new member of Disney’s stable is Demi…
Douglas A. McIntyre Accoriding to MarketWatch, Belgian newspaper De Standaard reports that Warren Buffett support a takeover of Anheuser-Busch (BUD) by InBev. According to Reuters, economists think the PPI will rise 1%. Reuters writes that…
It is almost impossible to imagine what the CBS (CBS) management and board were thinking when they bought CNET (CNET) for $11.50 a share or $1.8 billion. CNET has done so poorly…
Disney (NYSE: DIS) certainly did well in the first quarter. Walt Disney himself would have been proud. Revenue at the entertainment company moved up 10% to $8.71 billion. EPS rose 35% to…
Douglas A. McIntyre According to Reuters, Cisco (CSCO) has a good quarter but was cautious about the future. Reuters reports that Sprint (S) and Clearwire (CLWR) will announced a $12 billion project for national broadband…
Disney (DIS) had the kind of quarter that a company based on the fantastic should have. Diluted EPS for the second quarter increased to $0.58, compared to $0.44 in the prior-year quarter.…
Douglas A. McIntyre New comScore data shows that the number of videos viewed online moved up 66% in February compared with the same month last year. US internet users viewed over 10 billion videos for…
Google’s (NASDAQ: GOOG) YouTube continues to gain visitors. It competitors have to be dismayed. According to comScore, YouTube had a 34.3% share of all videos watched in the US during January, an…
A small company called Access Integrated Technologies, Inc. (NASDAQ: AIXD) made an announcement this morning that it received commitments from four major movie studios to provide movies to up to 10,000 digital…
A lot of smaller companies will continue to report earnings over the next several weeks, but almost all of the really big companies which are on calendar fiscals have put out their…