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'CIA Leak' Movie -- With Kate Beckinsale As a 'Judy Miller' Character -- Opens in December
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paidContent.org - Interview: Tom Staggs, CFO, Disney: $930M Digital Revs 'Slightly Less' Than Hoped, 'Still Pleased'
Given the economic climate, the primary focus in today's Disney earnings call?particularly in the Q&A?was on the company's parks & resorts business. But after the call, CFO Thomas Staggs agreed to provide some insight into Disney's digital media efforts,more
Movers: GM, Ford, Nvidia, Disney, Qualcomm, Priceline.com
General Motors (GM) shares are halted pending third quarter results, which have been delayed from original 10:30 am release time. Nvidia (NVDA) posts better-than-expected $0.20, vs. $0.44, third quarter non-GAAP EPS on 20% revenue drop. Street wasmore
Bloomberg Steps Up
This story crossed Bloombergs wire just before noon today Theres not much to say but Go Bloomberg as the thundering herd of financial news files suit against the Federal Reserve to force disclosure of basic information about the financial bailout. I dontmore
To Ward Off Holiday Blues, Sprint Will Boost Marketing
CEO Dan Hesse: Ad Outlay Returning to 'Normal Levels' SAN FRANCISCO (AdAge.com) -- With weak marketing blamed for many of Sprint's problems, the company today said it would boost its ad spending -- at least to parity with past years -- to try to wardmore
S&P Picks and Pans: GM, Priceline.com, Disney, Qualcomm, Ford, AIG, Genworth
S&P REDUCES OPINION ON SHARES OF WALT DISNEY CO. TO HOLD FROM STRONG BUY (DIS; 21.80): After $0.03 bad debt charge, September-quarter EPS of $0.40 on 6% less shares, vs. $0.44, misses S&P and Street estimates by $0.09. The slowdown is starting tomore
S&P Picks and Pans: Disney, Qualcomm, Ford, AIG, Genworth
S&P REDUCES OPINION ON SHARES OF WALT DISNEY CO. TO HOLD FROM STRONG BUY (DIS; 21.80): After $0.03 bad debt charge, September-quarter EPS of $0.40 on 6% less shares, vs. $0.44, misses S&P and Street estimates by $0.09. The slowdown is starting to weighmore
Big media ready for a big makeover
LOS ANGELES (Fortune) -- For America's media conglomerates, it's getting Darwinian out there - and the next stage of their evolution could come quickly. This week, the three biggest media companies by revenue - Walt Disney (DIS, Fortune 500), Time Warnermore
The Economist (Heart) Utah
The magazine reaches too far for a happy narrative on the state?s economy A Debit to The Economist for adding to the list of stories that try too hard to give good news on the economy. This time the press goes local in looking for a bright spot,more
Movers: GM, Nvidia, Disney, Qualcomm, Priceline.com
From Nvidia (NVDA) posts better-than-expected $0.20, vs. $0.44, third quarter non-GAAP EPS on 20% revenue drop. Street was looking for $0.12. Goldman Sachs says buy NVDA stock as Street estimates are now properly reset for 2009. Yahoo (YHOO) fallsmore
Ford Takes Another Earnings Hit as Auto Industry Crashes
Despite Boost From Foreign Divisions, Reports Third-Quarter Net Loss of $129 Million DETROIT (AdAge.com) -- Saying the global economy has presented an 'unprecedented challenge' to the car business, Ford Motor Co. President-CEO Alan Mulally todaymore
Texas Student Paper Interviews Syndicated Columnist Ruben Navarrette Jr.
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Movers: Ford, Disney, Qualcomm, Priceline.com
From Walt Disney (DIS) posts lower-than-expected $0.43, vs. $0.42, fourth quarter EPS (both excluding items) on 6% revenue rise. It notes higher cost of labor and other items. Street was looking for EPS of $0.49. Qualcomm (QCOM) posts $0.52, vs.more
S&P Picks and Pans: News Corp, Toyota, Cisco Systems, BJ's Wholesale, Wells ...
S&P REDUCES OPINION ON CLASS B SHARES OF NEWS CORP TO SELL FROM BUY (NWS; 8.26): September-quarter EPS of $0.20, on 17% less shares, vs. $0.23, missed S&P and Street estimates by $0.05 and $0.02, respectively. Cable networks and Sky Italia DBS businessesmore
"Unfortunately, He Was Not in the Mood to Be Pet"
As prices soar, U.S. looks for scapegoats; UBS ready to roll over; Jimmy Cayne, pariah; Rachael Ray, jihadi; etc. New quarterly bucks industry trend, exudes smart idealism Newspaper companies fork over hundreds of millions a year?and for what?more
Hope Hangover: Prime-time Shows Underdeliver
Rash Report: After Election Evening, Viewers Turn off TV MINNEAPOLIS (AdAge.com) -- More bleary-eyed than bushy-tailed after watching election returns Tuesday night, viewers returned to a more normal programming grid on Wednesday. But with prime-timemore
Broadcasting uncertainty
TO THINK it was once nicknamed Auntie. Fraudulent phone-in competitions and profane Christmas shows have sullied the reputation of the British Broadcasting Corporation (BBC) for high-minded paternalism in recent years. Worryingly for the corporation, themore
Wall Street sinks on retail sales, Disney drops late
NEW YORK (Reuters) - Stocks sold off on Thursday in the worst two-day slide since October 1987 with disappointing corporate outlooks and bleak sales from major retailers fueling fears of a deepening economic downturn. Underscoring concerns about anemicmore
Analyst Actions: General Motors, News Corp, Amdocs
From Citigroup analyst Itay Michaeli says for General Motors (GM), he is widening $3.64 third quarter loss estimated to $5.30 loss largely to reflect GMAC's third quarter loss. He models a $4.8 billion cash burn, which he expects to largely be offsetmore
Disney's net income falls 13%
The Walt Disney Co., the family entertainment company that owns ESPN and ABC, says fourth-quarter net income fell 13 percent as higher costs offset a gain in revenues. Net income fell to $760 million, or 40 cents per share, from $877 million, or 44 centsmore
Valassis Battered by Weak September Sales
Stay on top of the news and stay ahead of the game?sign up for e-mail newsletters now! Share & Save (?) x Company Affected by Marketer Cutbacks to Coupon Programs CHICAGO (AdAge.com) -- The economy is apparently so bad that marketers can't evenmore
Disney Says Its Not Immune From Slowdown
LOS ANGELES ? Weak results in its movie business and a cooling at domestic theme parks led the Walt Disney Company, the entertainment company, to report a 13 percent decrease in quarterly income on Thursday. Walt Disney Company Reports Earnings formore
How We Talked About It, Part II
The Boston Globe asks the wrong question about racism in America The front page of today?s Boston Globe has an inexplicably simplistic article innocuously titled, ?Checking racism?s postelection pulse.? In it, staff writers Keith O?Brien andmore
Burger King's Late-Night Holdouts Dealt a Setback
Stay on top of the news and stay ahead of the game?sign up for e-mail newsletters now! Franchisees Suing Over Mandatory Operating Hours Plan to Submit Revised Complaint CHICAGO (AdAge.com) -- A Circuit Court judge has dismissed a lawsuit filed thismore