Monday, August 19, 2019

MARKET SOARS; MEDIA STOCKS SOAR HIGHER

December 1, 2011 by · Leave a Comment 

The Dow Jones Average rose 490 points on Wednesday — up 4.2 percent — but many media stocks soared even higher. While none of them were directly affected by the major driving forces of the upsurge — an increase in hiring by private businesses in the U.S.; word that central banks will cooperate to find […]

NETFLIX MAY BE HIT HARD BY USPS REVAMPS

November 16, 2010 by · Leave a Comment 

With reports circulating that the U.S. Postal Service is about to raise its postage rates and halt Saturday deliveries, analysts were weighing in on Monday with appraisals of how the overhaul would affect online DVD renter Netflix and the smaller Blockbuster By Mail. In an interview with Home Media magazine, Wedbush Securities analyst Edward Woo […]

KIOSK RENTALS LIKELY TO ROCKET IN 2011

November 9, 2010 by · Leave a Comment 

Kiosk operators Redbox and Blockbuster Express are likely to see their revenue soar as a result of increased Blu-ray Disc rentals, which command a 50-percent premium, according to Wedbush Securities analyst Michael Pachter. As reported by Home Media magazine, Pachter, in a note to clients, forecasts that Blu-ray rentals will boost Redbox’s revenue by 25 […]

SHREK’S TOUGHEST CRITIC: WALL STREET

May 25, 2010 by · Leave a Comment 

Less-than-stellar box-office results for the opening of Shrek Forever After sent shares of DreamWorks Animation falling 11 percent on Monday. It was a repeat of what occurred in March when DWA’s How to Train Your Dragon also opened below predictions. That film, however, displayed strong legs (it has remained among the top ten for the […]