Genius Brands International Expands Distribution Deal with Sony

Genius Brands International Expands Distribution Deal with Sony

Genius Brands International gained in morning trade Wednesday after the company, said it and Sony (SNE) have expanded Sony Pictures Home Entertainment’s recent home entertainment distribution agreement to include the worldwide home entertainment marketing and distribution of Genius Brands’ Kid Genius and Baby Genius labels of all Genius Brands’ properties. In addition to the broader global distribution agreement, SPHE has taken an equity stake in Genius Brands. SPHE and Genius […]

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Health Care Stocks Weaken Tuesday

Health Care Stocks Weaken Tuesday

Health care stocks continued to ailing Tuesday, with the NYSE Health Care Index declining about 0.6% while shares of health care companies in the S&P 500 also were down 0.6% as a group. In company news, Lannett Co. (LCI) shares tumbled Tuesday after a prominent short-selling shop today published critical research about the generic drugmaker claiming the company could eventually collapse under the debt load from its recent acquisitions should […]

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Markets End Mostly Higher by US Close

Markets End Mostly Higher by US Close

US markets ended mostly higher on Friday as financials gained amid the start of the quarterly reporting season that saw Bank of America (BAC) and JPMorgan Chase (JPM) beat analysts’ earnings estimates. The S&P 500 financials group rose 0.6% to lead five of the 11 sectors that gained, while materials and real estate slipped 0.2% to lead declines. The Dow Jones Industrial Average spent most of the afternoon lower and […]

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The Bon-Ton Stores Holiday Comp Sales Fall

The Bon-Ton Stores Holiday Comp Sales Fall

The Bon-Ton Stores reported Wednesday its comparable store sales for the nine-week holiday period ended Dec. 31, decreased 3.1%, in line with the company’s guidance provided on Nov. 17. Total sales for the nine week November and December period were $752.1 million compared to sales of $784.4 million in the prior year period. The company said it is maintaining its full-year guidance of a loss of $2.04 to $2.54 per […]

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Zimmer Biomet Sees Q4 Revenues Above Expectations

Zimmer Biomet Sees Q4 Revenues Above Expectations

Shares of Zimmer Biomet Holdings were up over 1% pre-market Tuesday after the company said it expects Q4 revenues just above forecasts compiled by Capital IQ. The provider of musculoskeletal healthcare expects Q4 revenues of $2.01 billion, up 4.1% year-over-year and slightly above the $1.97 billion consensus. FY16 revenues are seen at $7.68 billion, up 28.1% from a year earlier and also just above the $7.64 billion average estimate. Zimmer […]

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