The for-profit education sector has seen its fair share of volatility in recent months, weeks, and even days. The sector seems to have settled down, but the current trend in Washington D.C. is still viewed as a threat. DeVry Inc. (NYSE: DV) is probably going to be one of the least affected under the most [[ This is a content summary only.
Posts Tagged entertainment
Wall St did not like the results of Netflix (NASDAQ: NFLX) last quarter and flogged the movie rental company’s shares as if they were Blockbuster’s, taking 10% off its market cap. Investors have come to expect that Netflix will add very large numbers of new subscribers each quarter. That did not happen in the second [[ This is a content summary only.
The turnaround continues at Starbucks Corp. (NASDAQ: SBUX). The coffee destination posted a 37% profit gain and it raised its dividend. Third quarter same store sales rose 9% on record numbers. The coffee-giant posted earnings of $0.29 EPS on an adjusted basis and revenue was up to $2.61 billion. Thomson Reuters had estimates of $0.29 [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
eBay Inc. (NASDAQ: EBAY) is finding that growth has peaked in being an online auction monopoly. The online auction giant reported earnings at $0.40 EPS gross on $2.22 billion in revenues. On an ex-Skype basis it looks like the adjusted EPS was $0.34. Thomson Reuters had estimates at $0.38 EPS and $2.17 billion in revenues. [[ This is a content summary only.
It seems that the bid by Hugh Hefner and Rizvi Traverse may already have issues. While some law firms announced “investigations” into whether the price and terms will be fair, it seems at least one class action suit was filed over the terms. Hopefully you took heed to our “take the money and run” call [[ This is a content summary only.
Lebron James is moving to the Miami Heat and leaving the Cleveland Cavaliers. At least that is what Intrade, a prediction betting market says. James will tell the public about his plans on ESPN tonight.
Steve Jobs, the CEO of Apple Inc (NASDAQ: AAPL), sits on the board of The Walt Disney Company (NYSE: DIS) That may make the entertainment company all the more acutely aware of the power of Apple’s applications software distribution system of the iPhone, iPad, and iPod. Disney announced yesterday that it will buy iPhone game [[ This is a content summary only
