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World Wrestling Entertainment, Bed Bath & Beyond, Tesla, Costco

CFO News Room

World Wrestling Entertainment — Shares advanced 9.7% Bed Bath & Beyond — The retailer dropped 12.4%, building on the sharp losses seen Thursday, after management said the company is low on cash and considering bankruptcy. Shares dropped 14% premarket, after posting a 42% loss Thursday. Costco reported net sales of $23.8

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Facebook’s Shares Plunge After Profit Decline

CFO News Room

startled investors with a sharper-than-expected decline in profits and a gloomy outlook in its first earnings report since Chief Executive. and Canada, two of the company’s most profitable markets, the results show. billion profit for the fourth quarter, below analyst expectations of $10.9 Facebook parent. Meta Platforms Inc.

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World Wrestling, Bed Bath, Costco

CFO News Room

World Wrestling Entertainment — The wrestling entertainment stock surged nearly 17% after WWE announced that founder Vince McMahon is returning to its board of directors and that the company is exploring strategic moves. after it reported solid sales numbers for December. February 28, 2020. Costco posted net sales of $23.8

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A Business Upended: Streaming disrupts the Entertainment Business!

Musings on Markets

The recent troubles in entertainment, though, reflect a longer term disruption that has occurred in the business, with the rise of streaming as an alternative to the traditional platforms for movies and television shows. Embedded in these numbers are two other trends worth noting.

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Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse

PYMNTS

The company reported the second-quarter profit of its fiscal year at $460 million, or 26 cents a share, on sales of $18.01 Disney executives did not speculate on near-term financial effects beyond saying that the direct-to-consumer (D2C) segment – which includes Hulu and Disney+ – would see a loss of more than $1 billion in Q3.

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Back to Earth or Temporary Setback? Revisiting the FANGAM Stocks

CFO News Room

Updating the Numbers In the eighteen months since I valued these companies, much has happened, to the economy, to US equities collectively, and to these six companies, in specific. For the latter, I am reporting on the trailing 12-month numbers, to ensure that I have the calendar year numbers.)

Valuation 130
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Alibaba eCommerce Rival Pinduoduo Secures $1B In Funding

PYMNTS

The company isn’t profitable yet, and probably won’t be for a while. Since PDD went public, it has been hit with net losses of $981.4 Q4 revenue jumped 697 percent year-on-year to $491 million, although the operating losses increased as well. The social component is especially popular with women. million in Q2 and $159.9