Tesla, an American Motor company, released earnings yesterday. Figures beat expectations and earnings were reported at $0.02/share. Sales climbed to $932 million as the company sold 7,785 Model S Sedans. On the down side, the forecast for production in 2014 was lowered from 35,000 to 32,000 but investors mostly shrugged this off.
Walt Disney is in focus as they will be posting earnings later today. The current expectation is to see earnings of $0.88/ share with growth across all segments. Positive results are expected as the hit film ‘Frozen’ resulted in huge sales and attention for its Studio Entertainment. It is also reported that during the last quarter, most companies’ box offices declined but Disney’s, however, climbed 70%. Guardians of the Galaxy alone made $750 million and the total looks to be close to $3million. The multinational corporations also receive income from attendance at their theme parks which grew 5% this quarter.
November 6, 2014 – Stock Market News
Tesla, an American Motor company, released earnings yesterday. Figures beat expectations and earnings were reported at $0.02/share. Sales climbed to $932 million as the company sold 7,785 Model S Sedans. On the down side, the forecast for production in 2014 was lowered from 35,000 to 32,000 but investors mostly shrugged this off.
Walt Disney is in focus as they will be posting earnings later today. The current expectation is to see earnings of $0.88/ share with growth across all segments. Positive results are expected as the hit film ‘Frozen’ resulted in huge sales and attention for its Studio Entertainment. It is also reported that during the last quarter, most companies’ box offices declined but Disney’s, however, climbed 70%. Guardians of the Galaxy alone made $750 million and the total looks to be close to $3million. The multinational corporations also receive income from attendance at their theme parks which grew 5% this quarter.
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