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'Iron Man 2' Tops at Theaters: What About Disney Stock?

Disney (DIS) purchased Marvel Entertainment last year, and the first release since that corporate marriage was consummated, Iron Man 2, opened this past weekend at domestic theaters. The project dominated the screens, as it was expected to do. According to estimates at Box Office Mojo, the movie, which is distributed by Viacom (VIA), brought in about $133 million.

The rest of the weekend's features all made less than $10 million; talk about an unfair fight. Time Warner's (TWX) A Nightmare on Elm Street came in second with $9 million. DreamWorks Animation's (DWA) How to Train Your Dragon, also distributed by Viacom, was third, grossing over $6 million. News Corp.'s (NWS) Date Night took up the fourth spot, while CBS (CBS) Films and The Back-Up Plan did enough business to secure position number five.

Continue reading 'Iron Man 2' Tops at Theaters: What About Disney Stock?

Is Time Warner a Buy?

Time Warner (TWX) had a nice weekend. According to Box Office Mojo, the studio's Clash of the Titans spectacle retained its number-one position, bringing in $26.6 million at domestic theaters. At first, it seemed as if News Corp.'s (NWS) Date Night was going to be the top picture, but it ended up settling for second place after the final numbers came in (it was eventually credited with $25.2 million).

Besides that, the other news story this week is the apparent deal between Time Warner's TBS and Conan O'Brien; he'll create a new talk show for that network to debut sometime this November. This got me thinking about Time Warner and its stock: is it a buy right now?

Continue reading Is Time Warner a Buy?

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DJIA-74.9212,454.83
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Last updated: May 28, 2012: 08:56 AM

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