July 31, 2014 / 4:23 PM / 3 years ago

BUZZ- World Wrestling Entertainment Inc: Loss smaller than estimates

** Shares of televised wrestling show producer up 8.1 pct at $13.07

** Company reports smaller-than-expected Q2 loss

** Company to reduce workforce by 7 pct

** As of February, company had about 762 employees

** Estimates $10 million reduction in 2014 expenses on adjusted basis

** WWE also signs 10-year broadcast and multimedia agreement with Rogers Communications

** Deal allows Rogers to exclusively distribute WWE’s flagship programming in Canada

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below