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The company’s shares closed at an all-time high of $190 on Monday after December’s unveiling of a programming blitz to boost Disney+, the streaming service the company launched in November 2019 ....
Walt Disney Co, which wowed investors in December with ambitious streaming TV plans, will update Wall Street on Thursday about its digital subscriber membership and the future of its pandemic-hobbled theme parks. ....
Jim Cramer isn t the biggest fan of AT&T Inc. (NYSE: T) s decision to pursue an acquisition of Time Warner Inc (NYSE: TWX). For starters, Cramer said that if he were a shareholder of AT&T, it would be to capture the 5 percent dividend yield. However, the price tag on its. Read More. ....
The COVID-19 earnings recession is expected to remain, but an end may be in sight MarketWatch 1/19/2021 EARNINGS WATCH After the holiday quarter last year snapped an earnings recession, the same is not expected this year but it isn’t impossible, and may happen three months late. Popular Searches Quarterly profits for the S&P 500 are expected to drop as fourth-quarter results roll in during the coming weeks, after declining in each of the first three quarters of 2020. Analysts predict an upswing throughout 2021, though, as well as fourth-quarter numbers that beat their average expectations. CFRA Chief Investment Strategist Sam Stovall told MarketWatch that beating expectations for fourth-quarter numbers would be in line with historical patterns. Earnings topped expectations for more than 30 quarters in a row before the first quarter of 2020, he said, when the pandemic first took a toll on corporate results. An overall earnings beat this quarter ....