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In recent times, streaming services have flooded viewer TV screens with new programming to attract new subscribers. But those subscribers are not sticking around, according to a new study from Antenna, a market intelligence company. It found that viewers who join a service to watch a new show also leave within a few months, "significantly faster" than the average streaming customer. However, the firm's conclusions about customer habits might be good news for The Walt Disney Company ( DIS ), which has a deep reserve of hit content that will increase customer stickiness to Disney Plus, its streaming platform. Key Takeaways A study by market intelligence firm Antenna found that viewers who sign up for a service to watch a new show also leave much faster than the average streaming customers. The study's results mean that streaming services will have to spend more to ensure a steady stream of content to add new viewers for revenue growth. Disney Plus might be well positioned … [Read more...] about Why Disney Plus Holds an Edge Over Other Streamers

As one of the larger companies of the consumer discretionary sector, The Coca-Cola Company ( KO ) shares have enjoyed a relative upward trend since the beginning of 2022 as investors appear to be bracing for potential interest rate hikes. Coca-Cola shares currently trade in an above average range based on historical volatility, and option traders appear to be positioned for the stock to rise after the company reports earnings for the fiscal fourth quarter. Analysts expect the company to announce $0.41 in earnings per share (EPS) and $8.93 billion in revenue. Investors will be paying keen attention to how Coca-Cola has managed to navigate ongoing supply chain issues and how rising costs could affect the bottom line. Insiders have recently increased the amount of shares being sold, unloading over 314,000 shares valued at close to $18.6 million over the past 90 days. Investors will be keeping an eye on if the beverage maker can continue to increase sales volume and what, if … [Read more...] about Can Coca-Cola (KO) Keep Up the Trend?

Shares of Peloton Interactive Inc. ( PTON ) are skyrocketing after the connected exercise company announced a major restructuring. The stock is up nearly 30% as of Tuesday afternoon. Currently trading around $38, the company is still down more than 70% in the last year. U.S. equity markets as a whole are decisively higher after wavering this morning, led by tech and small-cap stocks, with the Nasdaq up more than 1% and the Dow Jones not far behind. Shares of Harley-Davidson ( HOG ) are up nearly 15% this morning after the company posted better-than-expected revenue and earnings. Analysts expected a loss of 38 cents per share; instead, Harley-Davidson reported a gain of 14 cents per share, thanks in part to increased demand for one of its more expensive motorcycle models. Key Takeaways The Dow Jones, S&P 500 and Nasdaq are all higher after wavering earlier. Amgen and Peloton are both helping lead markets higher, as are small-cap stocks as measured by the Russell … [Read more...] about Stocks Rally as Amgen, Peloton, Travel Companies Push Markets Higher

U.S. stocks again started the day mixed after a report said that U.S. retail and food services fell more than expected last month. Investors are also digesting a slew of quarterly earnings reports from banks, as JPMorgan Chase & Co. ( JPM ) and Citigroup Inc. ( C ) recorded income declines, while Wells Fargo & Company ( WFC ) said that profit jumped. The Dow Jones Industrial Average (DJIA) and the S&P 500 are poised to finish the week lower, while the Nasdaq may end up higher for the week. All three major indexes finished lower yesterday. Key Takeaways Stocks are mixed again this morning, with the Nasdaq gaining and the Dow and S&P 500 falling. Retail and food sales sank 1.9% in December, marking the biggest drop in 10 months. JPMorgan and Citigroup reported falling quarterly profit, while Wells Fargo reported fourth quarter profit that beat analysts' forecasts. The University of Michigan will release its Consumer Sentiment Index for … [Read more...] about Stocks Mixed as Retail Sales Drop Most in 10 Months

Tesla, Inc.'s ( TSLA ) shares reversed course from their recent downward trajectory and rose by 3% on Monday, Jan. 10, after key analysts upped their price targets for the stock. Goldman Sachs analyst Mark Delaney confirmed Tesla as a Top Pick for his firm, and Tesla bull Adam Jonas of Morgan Stanley said that the company was a winner in the electric vehicle (EV) race. Both analysts increased their price targets for Tesla shares. The increase in share price came after a bruising four-day period for the stock during which its price fell from $1,200 to as low as $980. The decline occurred even after Tesla announced record delivery numbers . Key Takeaways Electric carmaker Tesla's stock reversed course and rose yesterday after key analyst revisions to its price targets. Noted Tesla bull Adam Jonas of Morgan Stanley revised his price target to $1,300 from $1,200 and stated that Tesla was winning the EV marathon. Goldman Sachs analyst Mark Delaney rated Tesla stock a Top … [Read more...] about Tesla (TSLA) Stock Rises After Analysts Boost Price Targets

- A + A PARIS/MANILA (May 16): International wheat prices jumped on Monday as an export ban by India, the latest country to use trade curbs to counter food inflation, threatened to further squeeze world wheat supply strained by the war in Ukraine. US and European wheat futures climbed by nearly 6%, with the Chicago market — the global benchmark — earlier reaching its daily trading limit and Paris prices approaching all-time highs. By end of its overnight trading session, Chicago futures were up 4.9%, off an earlier two-month peak. Wheat has contributed to record highs this year for global food prices as measured by the UN's food agency, with Russia's invasion of Ukraine upending the market by halting massive shipments from Ukrainian sea ports. India's embargo, prompted by a heatwave that has cut harvest prospects and sent domestic prices soaring, marks a policy U-turn after the government maintained just days earlier that it was still targeting record exports of … [Read more...] about Wheat prices jump as India export ban adds to supply squeeze

- A + A BENGALURU/MUMBAI/ZURICH (May 16): Indian conglomerate Adani Group plans to buy Holcim AG's cement businesses in India for US$10.5 billion, its largest-ever acquisition, to become the country's No. 2 cement manufacturer. Adani Group, owned by billionaire Gautam Adani, currently has no cement-making operations but said the firms were a good fit given its ports and logistics, energy and real estate businesses. Under the deal, Adani Group will pay US$6.4 billion in cash to acquire Switzerland-based Holcim's 63.1% stake in Ambuja Cements Ltd and 54.5% holding in ACC Ltd, Holcim said in a statement announcing the deal late on Sunday (May 15). The rest of the companies' shares will be bought via an open offer, Adani said in a separate statement. "(We) will be able to build a uniquely integrated and differentiated business model and set ourselves up for significant capacity expansion," Adani said. The deal, which was clinched after a fierce bidding war with the … [Read more...] about Adani to become India’s No. 2 cement maker with US$10.5 bil Holcim deal

Ice Seguerra poured his emotions toward wife Liza Diño to mark their fourth wedding anniversary. Ice and Liza. Image: Instagram/@lizadino In an Instagram post on Saturday, Dec. 8, Seguerra started off by saying that being with Diño made him appreciate the finer things in life, such as wearing a suit and tie, and fine dining restaurants. The singer also credited his wife for changing him for the better by inspiring him to become kinder and more patient, and to also work on his outer appearance. “Dahil sa iyo, mas natuto akong pumorma, mag-ayos ng sarili, at magpapogi (ang ganda mo kasi kaya dapat maglevel up ako),” he said. (Because of you, I learned to dress up, to fix myself, to look good. You’re so beautiful that I need to level up.) He said too that Diño helped him realize his worth, and that he no longer feels alone. “Dahil sa iyo, narealize ko yung worth ko bilang individual at bilang karelasyon. Nagkaroon ako ng boses at nirespeto mo yun,” he … [Read more...] about Ice Seguerra, Liza Diño reveal how they made each other better, happier in anniversary messages

THIS may be the final year for Tina Fey (left) and Amy Poehler as hosts of the Hollywood Foreign Press Association’s annual party. LOS ANGELES—Will Eddie Redmayne and Michael Keaton win their first Golden Globes? Will Julianne Moore and Emily Blunt snag their second? Will Meryl Streep win her ninth? These are among the exciting questions that will be answered when the 72nd Golden Globe Awards goes underway at the Beverly Hilton Sunday evening (Monday morning, Manila time). In an awards season where there are no clear front-runners, the Golden Globe Awards, regarded as Hollywood’s party of the year, will be anything but predictable. Millions of viewers around the world are expected to watch the televised show hosted again by the winning pair, Tina Fey and Amy Poehler. This may be the final year for Fey and Poehler as hosts of the annual event in which the Hollywood Foreign Press Association honors excellence in film and television. At press time, presenters in the star-studded … [Read more...] about No clear frontrunner for 2015 Golden Globes

Judy Ann Santos and Ryan Agoncillo received a blessing from a priest via a video call to mark their 11th wedding anniversary yesterday, April 28. Along with the blessing, the couple also heard Mass with their kids from the safety of their home amid the ongoing COVID-19 pandemic. Santos showed their simple setup on her Instagram page earlier today, April 29. The family sat in front of a table covered with a white cloth as they listened to Fr. Tito Caluag from an iPad. Beside the tablet were a crucifix, a lighted candle and two small flower arrangements. Santos also thanked the priest for making sure they received a blessing despite the enhanced community quarantine. Aside from the solemn celebration, Santos and Agoncillo also enjoyed an intimate dinner with their daughters Yohan and Luna and son Lucho. “Yes!!!!! Nakakain kami sa labas… ng bahay (We finally got to eat outside… the house)!” the actress joked. The two actors tied the knot in a low-key ceremony in … [Read more...] about Judy Ann Santos, Ryan Agoncillo get blessed by priest via video call on 11th wedding anniversary