Activision Blizzard Reports Strong Second Quarter Results

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Activision Blizzard (ATVI) reported strong second quarter results with sales and profits substantially higher than expected. While guidance for the third quarter and full year were raised from previous levels, it appears investors expected a larger increase. ATVI has typically provided conservative guidance in the past, and this appears to be the case again this […]

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Disney Announces New Media Network Strategy

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Disney (DIS) reported a mixed quarter that was completely overshadowed by its announcement of a new strategy for its media networks.  The shares are trading lower, which in Northlake’s opinion is logical.  Making major investments into digital, over the top distribution of its sports rights and Disney and Pixar content is going to be expensive […]

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