Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
Comcast (CMCSA) and Fox (FOXA) are in a race for Europe’s Sky TV. Fox’s Rupert Murdoch, who owns Britain’s Sun and Times newspapers, is currently in talks with regulators to ease concerns that he has too much sway on the country’s media. Comcast, on the other hand, offered a higher price for all of Sky. Back in December, Fox sold many of its assets to Disney including its stake in Sky TV.
Weight Watchers (WTW) is eating Blue Apron’s (APRN) lunch. The diet plan company just announced its own meal kit, cutting into Blue Apron’s business model. Earlier this week, Walmart (WMT) announced its plans to do the same. Shares of Blue Apron shares are trading near their lows on the news.
Netflix (NFLX) and Apple (AAPL) are fighting to sign President Obama onto the small screen. The New York Times reports Netflix is in advanced talks with Obama to produce a series of inspirational stories with wife Michelle. While It’s still anyone’s game, Netflix seems more likely than Apple to nab the former president. Obama reportedly will not respond to Trump or his critics in the show.
Playtime is over at Toys ‘R’ Us. The chain is preparing to liquidate all of its U.S. stores. The company reportedly will not attempt to restructure or find another buyer after disappointing holiday sales. Toys ‘R’ Us currently operates over 800 stores in the United States.