Peter Kafka

Recent Posts by Peter Kafka

Verizon Q2 Numbers Hit Wall Street Estimates

Verizon delivered the Q2 results that analysts were expecting this morning: Earnings of 64 cents a share on revenue of $28.6 billion. The company said its wireless unit added 888,000 net customers, compared to the 666,000 consensus, but Wall Street would still like something else — shares are down 1 percent in pre-market trading.


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”