Martin Pyykkonen News
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“Iron Man 3,” the superhero movie from Walt Disney Co.’s Marvel division, looks set to jump-start the summer movie season with the biggest opening in a year that so far has proved disappointing to Hollywood.
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Facebook Inc., the largest social- networking service, is making headway in its push to boost sales by giving advertisers more ways to reach people who share photos and status updates over wireless devices.
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Google Inc. shares will beat Apple Inc. because the company faces less competition and rising advertising revenue from businesses such as YouTube, BlackRock Inc.’s Tim Keefe said.
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Facebook Inc., owner of a social network used by more than 1 billion people, rose more than 2 percent after a research report said the company is showing signs of success in a push to make money from mobile users.
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Comedies and dramas filmed in the old-fashioned two-dimensional format are leading Hollywood’s summer box-office revival, calling into question studios’ investment in more costly 3-D extravaganzas.
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As Facebook Inc. explores a broader range of money-making businesses, such as video ads and music streaming, it will need to shake off the growing pains that marked its first quarters as a public company.
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Walt Disney Co. dropped the most in 15 months after reporting fiscal fourth-quarter sales that missed analysts’ estimates amid an ad-sales decline at the ABC network and weakening trends at cable-sports powerhouse ESPN.
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CBS Corp., owner of the most-watched U.S. television network, rose the most in almost a month after forecasting growth in licensing fees and an increase in its share buybacks.
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CBS Corp., owner of the most-watched U.S. television network, rose the most in almost a month after forecasting growth in licensing fees and an increase in its share buybacks.
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Vail Resorts Inc. shares have fallen 15 percent since Dec. 23 as major ski trails were closed at the company’s mountain properties in the western U.S. because of a lack of snow.
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