Comcast (NASDAQ:CMCSA) unit NBC Universal is expected to use the London Summer Olympics as a springboard for promoting its NBC Sports Network, the new avatar of of its Versus sports channel, expected to challenge Disney‘s (NYSE:DIS) ESPN.
Don’t Miss: News Corp Approves SPLIT!
US Airways‘ (NYSE:LCC) policy to avoid fuel hedges may prove right as falling fuel prices inflict losses on other carriers – according to US Airways, the practice of hedging does not provide value concomitant with the risk; given that it paid $3.11 a gallon last year compared to $3.06 paid by Delta Air Lines (NYSE:DAL), it may have proved its point.
Wal-Mart‘s (NYSE:WMT) Canada unit plans to embark on a discount campaign covering a large number of products while a number of stores are to be converted to the large-sized super-center format which is better suited for selling groceries.
Earnings Report: Family Dollar Stores Earnings: Fifth Quarter of SHRINKING Margins.