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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 09, 2024
Page
8
Wall Street eyes AMC Networks on today’s earnings call as analysts expect lower profit and revenue in the second quarter versus a year earlier. The anticipated results would mirror a first quarter drop in subscription and licensing income for AMC, which owns AMC, IFC and other cable channels.
Major indices rallied with the S&P 500 up 2.3 percent while the Dow rose 1.8 percent and the Nasdaq advanced, marking the best session since 2022 as traders weighed a mixed market reaction to earnings from McKesson and Warner Bros. Discovery. The media group reported weak second quarterly results, weighing on its stock.
Wednesday events include a Haskell Greenhouse Campus Tour starting at the Haskell Cultural Center 241 Barker Ave with a one mile walking route and $10 tickets via givebutter. A Farmers Market runs 4:30 to 6:30 pm at Clinton Parkway Nursery. Thursday offers Cottin's Farmers Market 4 to 6:30 pm, Turtle Yoga 5:30 to 6:30 pm at Prairie Park Nature Center, and Lawrence Beer and Hymns 7 to 9 pm at Delaware Street Commons. Lawrence Opera Theatre presents Angels and Demons at Theatre Lawrence, 7:30 pm, with Trial by Jury.
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