Beth Gaston Moon
Chicago, IL - http://
With over a decade of experience as an editor and market analyst, Beth Gaston Moon writes about stocks and pop culture from her home in Chicago, IL.
Beth Gaston Moon
Chicago, IL - http://
With over a decade of experience as an editor and market analyst, Beth Gaston Moon writes about stocks and pop culture from her home in Chicago, IL.
Ahhh, Hulu. That wonderful destination where I can re-acquaint myself with my favorite Justin-Timberlake-on-SNL moments, catch up on episodes of Greek, and search for those old Silver Spoons clips I remember so fondly. The two-year-old website is a joint venture between Walt Disney's (DIS) ABC Network, General Electric's (GE) NBC Universal division, and News Corp.'s (NWS) FOX Entertainment Group, and is partially funded by Providence Equity Partners.
But just as online news readers may soon be charged to access The New York Times online, we may have to open our wallets for certain corners of the Hulu universe (they will likely still let me watch Silver Spoons for free).
Continue reading Is the Free Ride Over at Hulu?
On Monday, Tom Johansmeyer indicated that a for-pay model for the online version of The New York Times was imminent. Indeed, a press release from The New York Times Company (NYT) hit the wires Wednesday morning, revealing that a paid version of NYTimes.com would launch at the beginning of 2011 -- that's next year. So "All the News That's Fit to Print" will be available to Web browsers at a cost.
But the only folks that will have to open their wallets are those who leaf through lots of Times articles. The casual news browser will have free access to a specified number of articles each month before being charged. Subscribers who pay for home delivery of the traditional paper will have free and unlimited access to the site.
Continue reading It's Official: Your Online New York Times Will Come at a Price
A few days after Alcoa (AA) surprised to the downside with its fourth-quarter earnings report, option traders looked a bit longer term, selling upside calls in the July series, possibly as part of a covered-call strategy. Continue reading Alcoa Options: Potential Covered Calls
Remember the Eggo waffle shortage in November that had everyone up in arms? Well, we could all be facing a similar crisis soon with a treat that's even more sinful: cookie dough.
Now, we all know we are supposed to cut and bake that tube of raw cookie dough, but how many of us haven't opted, instead, to grab a spoon and dig in? It's not the healthiest practice to begin with, for sure, but it becomes a bit more dodgy if harmful bacteria is involved.
Continue reading Cookie Dough Shortage in Our Future?
Nintendo fans and movie buffs, unite and rejoice! At long last, Netflix (NFLX) has said its streaming video service will be available for the Nintendo Wii this spring. Wii is bringing up the rear a bit here, as consumers with an Xbox 360 from Microsoft (MSFT) or a Sony (SNE) PlayStation 3 already enjoy access to Netflix films. Continue reading Netflix Streaming Video Comes to the Wii
KB Home (KBH) took its turn reporting earnings Tuesday. While the homebuilder scored its first profit in nearly three years, the stock turned lower in early trading.
In the three months ended November 30, KB Home banked $100.7 million, or $1.31 per share (including a tax gain of $191.7 million). This compares favorably to a year-ago loss of $307.3 million, or $3.96 per share. Revenue, however, dropped to $674.6 million from $919 million on a year-over-year basis. This topped Wall Street's expectations for a per-share loss of 42 cents and revenue of $578 million.
Continue reading KB Home Turns a Profit, but Shares Drop
Alcoa Inc. (AA) kicked off earnings season last night -- with mixed results -- but Intel Corp. (INTC) will mark the unofficial beginning of the tech earnings season when it reports after the close on Thursday. Analysts are expecting per-share earnings of 30 cents, a wide improvement over the fourth quarter of 2008, when Intel banked four cents per share. Continue reading Intel Options Active Ahead of Earnings
Dick's Sporting Goods (DKS) was shot out of a proverbial cannon Thursday morning, gaining more than 5% in the first minute of trading.
Ahead of the opening bell, Merill Lynch/Bank of America upgraded the stock to buy from neutral and lifted its price target by five bucks to $28.
The bank noted that fourth-quarter sales could be better than expected, as recent cold weather trends might send people into the stores looking to supplement their cold-weather wear. (Side note: negative 16 wind chill in Chicago today, and yes, I still love living here).
Continue reading Dick's Sporting Goods scores an upgrade
Trix are for kids ... but they are getting a little less sweet. General Mills (NYSE: GIS) has announced plans to reduce the amount of sugar in the cereal brands it markets to cereal. This includes Lucky Charms, Trix, and Cocoa Puffs, the latter of which could see its sugar content drop up to 25% from its original level (and 18% from its current 11 grams per serving). Continue reading General Mills lowers sugar content for kids
Want that brand-new Stephen King or Anita Shreve novel beamed to your Amazon (AMZN) Kindle? Well, you may be waiting a few months. In a preemptive strike against e-reader technology, publishers Simon & Schuster - part of CBS Corp. (CBS) and Hachette plan to delay the electronic-book editions of about 35 popular titles by four months. The supposed strategy is that desperate readers will pay the full retail price for these volumes, rather than the discounted $9.95 for the electronic version.
E-readers are a hot gift item this holiday season, and products like the Kindle and the soon-to-be-released Nook from Barnes & Noble (BKS) don't seem to be a flash in the pan. E-book retail sales are expected to hit $201 million in 2010, up from $150 million this year. While this is still a fraction of actual, tangible book sales, the growth rate cannot be ignored.
Continue reading Two publishers battling the e-readers
First brewed in 1873, Beck's beer is crisp, fresh, and "full of character." It's also still part of the growing AB InBev family. Anheuser-Busch InBev, which is of course the Belgian-based parent of Anheuser-Busch (BUD), has abandoned plans to sell the German beer brand to Bain Capital. Continue reading AB InBev hangs on to Beck's brand
It's a slow day in the options market, and investors are expecting a slow couple of months in terms of Dell (DELL) price action - and they are taking on a lot of risk to bet on this. Continue reading Option traders expecting limited movement in Dell (DELL)
Oprah Winfrey, arguably the most powerful woman in entertainment (if not the world in general), is preparing to pack her luxurious bags. She's announced that in 2011, after a quarter-century of favorite things and heartfelt interviews, "The Oprah Winfrey Show" will be no more. The last program is scheduled for Sept. 9, 2011. One can only imagine who might be her guests.
In syndication across the country, Oprah's eponymous program is the top-rated U.S. daytime show (take that, Days of Our Lives!), with an average viewership of 7.1 million this year.
While not entirely unexpected, the news is likely a bit of a blow to CBS Corporation (CBS), as its CBS Television Distribution arm syndicates the program. Additionally, Walt Disney (DIS) might feel the sting of an Oprah departure as Disney-owned ABC is the primary network that airs the show. And will it impact O, Oprah's monthly magazine published by the Heart Corporation? To say nothing of all of the manic women in the audience who long for a chance at one of Oprah's favorite things.
Continue reading Oprah to pull the plug in 2011
Leggo my Eggo. No, seriously! There's a shortage on the familiar brand of frozen waffles, spurred by problems at Kellogg (K) bakeries in Atlanta and Rossville, Tennessee. The former plant saw flooding last month and had to halt production, while the Tennessee location needs extensive repairs, which has shut down several lines for the time being. Continue reading Stop the presses: There's a waffle shortage!
If you are hitting Costco Wholesale (COST) for your Monday Night Football party or Thanksgiving celebration, you won't be able to get those cases of Diet Coke. The warehouse-style retailer, which operates more than 550 locations, is no longer carrying Coca-Cola (KO) products in its U.S. stores. That means no Coke, Diet Coke, Sprite, or Dasani water, among other products.
Evidently, the retailer and the beverage giant are embroiled in a pricing dispute. A statement on the Costco website indicated that "Coca-Cola has not provided Costco with competitive pricing so that we may pass along the value our members deserve."
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