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Preview: TheStreet Search RSS Feed: Jeanine Poggi

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Published: Tue, 31 Jan 2017 09:30:21 EST

Last Build Date: Tue, 31 Jan 2017 09:30:21 EST

 



McDonald's, Pepsi, Ford and Others May See Shares Rise, as Study Shows Super Bowl Ads Help

Tue, 31 Jan 2017 09:30:21 EST

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USA TODAY Launches 29th Annual Ad Meter

Tue, 31 Jan 2017 09:30:00 EST

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Netflix Investors: Don't Be Wooed by an Earnings Beat

Tue, 24 Jan 2012 12:00:00 EST

NEW YORK (TheStreet) -- Netflix is expected to report some subscriber recovery in the fourth quarter, which should lead to better-than-expected results. But investors should be wary about reading too much into an earnings beat.

"Netflix is poised to see a rebound in subscribers and may be in a good position to beat conservative revenue estimates, which should help fuel a near-term rally in the stock," Janney Capital Markets analyst Tony Wible wrote in a note. "However, our analysis shows that the company's guidance is reliant on DVD subscribers opting for multi-disc plans and suggests that the Street may be too aggressive in modeling Netflix's recovery."

Ultimately, this could lead to downward estimate revisions if management doesn't issue guidance materially above Wall Street's first-quarter estimates. ...

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eBay's Earnings a Mixed Bag

Wed, 18 Jan 2012 16:27:25 EST

NEW YORK (TheStreet) -- Giving one of the first glimpses into how the consumer space performed during the fourth quarter, eBay topped analysts' estimates after Wednesday's closing bell.

During the quarter, the online giant earned 60 cents per share on revenue of $3.4 billion. Wall Street was calling for a profit of 57 cents per share on revenue of $3.32 billion.

There were some areas of softness, as its first-quarter revenue forecast and full-year EPS guidance fell short of consensus estimates. Gross merchandising volume was also a bit light during the quarter. ...

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Hulu to Develop Original Series 'Battleground'

Tue, 17 Jan 2012 10:59:55 EST

NEW YORK (TheStreet) -- Web video giants are realizing content is kind. In this vain, Hulu has become the latest to announce it will develop original content.

Hulu's new series is called Battleground and it follows the campaign of a Wisconsin senator and his staff. The series, created by Marc Webb (who served as director for The Office) and JD Walsh will premiere on Feb. 14.

Last week, Hulu CEO Jason Kilar announced that revenue grew 60% to $420 million in 2011, beating internal expectations despite the soft advertising market in the second half of the year. Hulu Plus, the $7.99 subscription service, also boasts more than 1.5 million users and Karr said he expects subscriptions to account for more than half of the business in 2012. ...

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Angry Netflix Investors Fight Back

Tue, 17 Jan 2012 08:50:02 EST

NEW YORK (TheStreet) -- Netflix is being hit with a class-action suit by investors who claim the company withheld information prior to its infamous stock plunge late last year.

The suit, filed in U.S. District Court in Northern California, alleged that Netflix senior management -- including CEO Reed Hastings, Chief Content Officer Ted Sarandos, Chief Product Officer Neil Hunt and Chief Marketing Officer Kilgore - "issued materially false and misleading statements" regarding its ability to grow and minimized licensing fees.

The suit also noted\s that Netflix's senior managers sold off many of their shares when the stock was near its high of almost $300, which resulted in proceeds of $90.2 million among them. ...

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Best Buy Shuffles Management Ranks

Tue, 17 Jan 2012 08:23:37 EST

NEW YORK (TheStreet) -- Best Buy is finally acknowledging it needs to make a change, shaking up its upper management ranks.

Shari Ballard will lead Best Buy's international business, while Mike Vitelli will assume responsibilities for the domestic division. Ballard and Vitelli preiously shared the role of president of Best Buy's domestic business, with additional responsibilities for operation in Canada and Mexico.

"To make the most of the profitable opportunities we see both domestically and internationally, we are establishing dedicated responsibility with two of our senior executive leaders, Shari Ballard and Mike Vitelli," CEO Brian Dunn said in a statement. "The focus, energy and drive of these two leaders will serve us well as we accelerate the pace of our company's transformation, work to provide more compelling multi-channel experiences for our customers and employees around the world and improve returns for our shareholders." ...

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More Blockbuster Stores to Close

Thu, 12 Jan 2012 15:13:39 EST

NEW YORK (TheStreet) -- Dish Network plans to shutter more Blockbuster stores than previously expected.

The satellite giant, which purchased Blockbuster out of bankruptcy in April 2011, originally said it will leave 1,500 stores open. But Dish Network CEO Joe Clayton told Reuters that some of these won't make it.

The remaining outlets will also partially be turned into customer-service points, according to Reuters. ...

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Expect Sears to Lose More Financing Than Just CIT (Update 1)

Thu, 12 Jan 2012 12:12:23 EST

Updated from 9:30 a.m. EST

NEW YORK (TheStreet) -- Sears is losing some financing from CIT Group, which could ultimately set off a chain reaction among other backers.

CIT will no longer finance some loans to Sears' suppliers who are waiting to be paid by the department store. ...

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Urban Outfitters: Not a 2012 Bet

Wed, 11 Jan 2012 10:19:19 EST

NEW YORK (TheStreet) -- Urban Outfitters shake-up in the corner office is raising uncertainty for the company in 2012.

Chief Executive Glen Senk announced his resignation this week and will be replaced by Chairman, President and Co-Founder Richard Hayne. Senk said he is leaving the company to pursue another opportunity.

The reshuffle comes as Urban Outfitters tries to regain its footing following merchandise missteps and an inventory glut. The specialty apparel retailer has also experienced a slew of management changes in recent months. ...

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Netflix Puts Itself at Disadvantage to Rivals

Tue, 10 Jan 2012 16:51:52 EST

NEW YORK (TheStreet) -Netflix is once again putting itself at a disadvantage.

The company has agreed to a 56-day window on rentals of new DVDs from Warner Bros. This extends the wait time for Netflix subscribers for new releases from the studio from the current 28 days.

But rivals Blockbuster and Redbox have both refused to accept these terms. Instead, the two will buy the discs from more costly third-party providers, which will allow them to offer Warner Bros. new releases 28 days after they are released for purchase. ...

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Urban Outfitters Tanks After CEO Resigns

Tue, 10 Jan 2012 16:26:18 EST

NEW YORK (TheStreet) -- Urban Outfitters has named Richard Hayne as chief executive after Glen Senk resigned from the post.

Senk resigned Monday in order to "pursue another opportunity." He will remain at the company to assist in the transition. Senk has also resigned from the board of directors.

Hayne will become CEO, effective immediately, having previously served as chairman and president. ...

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Netflix Will Hit $150 in 2012: Poll

Mon, 09 Jan 2012 13:36:02 EST

NEW YORK (TheStreet) -- Netflix shares have taken off since the start of the new year, but after being burned in 2011 Wall Street doesn't see the company recovering all of its losses from last year.

The majority of investors (51.3%) who took TheStreet's poll last week, expect the stock to trade around $150 in 2012. This would be a 61.5% jump from its current share price of $92.86.

Netflix has been one of the best performing stocks on the S&P 500 so far this year, up 34% for the year-to-date period. Shares continued to surge on Monday afternoon, rising more than 7% after hedge fund manager Whitney Tilson said the stock will continue to rebound. ...

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'24' Hits the Big Screen

Mon, 09 Jan 2012 09:41:15 EST

NEW YORK (TheStreet) -- Jack Bauer will return, but this time to the big screen.

The Fox hit, 24, which was canceled in 2010, will be turned into a movie; shooting will begin in the spring. Kiefer Sutherland, who played Bauer in the television version, will revive the character.

The movie will be a continuation of where 24 left off, Sutherland said during the 2012 Television Critics Association winter press tour. ...

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Home Depot May Be First to Use PayPal at Checkout

Fri, 06 Jan 2012 17:14:42 EST

NEW YORK (TheStreet) - Home Depot could be the first retailer to accept PayPal at checkout, according to an analyst.

Gil Luria of Wedbush Morgan wrote in a note on Friday that channel checks indicate that a pilot program is occurring in at least one Home Depot location.

"We believe a full Home Depot roll out would increase PayPal's addressable market by about 35% overnight," Luria said. "Although penetration would start at zero, we believe that by adding value to consumers and merchant PayPal may eventually approach penetration rates comparable to its online presence." ...

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