WWE Shares Rise on Earnings Beat; Announced Job Cuts
July 31, 2014 at 16:03 PM EDT
Talk about a body slam. World Wrestling Entertainment (WWE) reported a smaller than expected loss for the second quarter and cut a deal with Rogers Media, to be the exclusive distribution partner of all WWE pay-per-view events throughout Canada. The news sent shares rising 3.6% to $12.54 in afternoon market action. World Wrestling plans to get [...]
