Tag: CNN

Bullish sentiments for Time Warner Inc and Redhill Biopharma

TWX – Time Warner Inc is a media and entertainment company in the U.S.

TWX – Time Warner Inc

Fundamentals Previously closed at 73.64
Day’s high 74.83
Day’s low 73.44
P/E ratio 15.92
EPS 4.63

 

Analysts opinion TWX announced its Q1 revenues today pre-market, post which the stock prices were up by 2%. It posted an EPS at $1.49, beating the wall street estimates by $0.19. Its net sales were in line with wall street expectations at $73 Billion. Revenues were backed by HBO segment, which jumped 7.7% yoy, the movies – “Batman vs Superman”, “American Sniper” and “The Hobbit: Battle of the Five Armies.” The election season and Basketball seems to have been positive factors for TWX.
Also, TWX news has it that it would launch an online movie subscription platform “FilmStruck” later this year, which may be a competitor for Netflix and Hulu. FilmStruck is said to offer access to the complete Criterion movie collection to its subscribers. It also has an increased focus on China. TWX, along with RatPac Entertainment (co owned by producer Brett Ratner) and China Media Capital intend to start a local Chinese fund to invest in Chinese movies.
Sentiments Sentiments for the stock are bullish, with a jump of 2% pre-market
Social Media Pulse The stock has 50% higher chatter than usual.

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