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Tag: WWE stock

  • WWE CMO Sells One-Quarter Of Her WWE Stock, Ted DiBiase Interview, Snitsky

    -Current WWE Chief Marketing Officer (CMO) Michelle Wilson recently sold approximately one-quarter of her shares of WWE stock on Friday, August 9th. Wilson sold 27,600 shares just four days after Stephanie McMahon sold two-thirds of her WWE stock. For more information on this story, visit DailyPolitical.com.

    -WWE Hall Of Famer “The Million Dollar Man” Ted DiBiase was recently interviewed by the Pougkeepsie Journal during an appearance he made at the Planet Wings establishment in the local area. In the interview, DiBiase talks about some of his upcoming projects, as well as his career in WWE. You can watch a video of the interview online at PoughkeepsieJournal.com.

    -Former WWE Superstar Gene Snitsky will be working for the Canadian Wrestling’s Elite promotion as the headliner for their events in Neepawa, MB on Thursday, October 10th, Winnipeg, MB on Friday, October 11th and Selkirk, MB on Saturday, October 12th. For more information, visit CWECanada.ca. (Thanks to Danny Warren for sending that in.)

    WWE SummerSlam Spoilers

  • Ryder Not Pleased With Raw Snub, WWE Stock Hits New Low

    – Zack Ryder posted a brief video of himself expressing his dissatisfaction with being left off Monday’s Raw SuperShow in his hometown of Long Island, New York.

    – On Monday, WWE’s stock price set a new 52-week low and reached its lowest mark since April 2003. The stock closed at $7.59 per share after setting a 52-week low of $7.44 per share. A 52-week low was previously set Friday with $7.48 per share.

    – WWEShop.com will release a new Christian T-Shirt in the near future. Click here for a preview.

  • Henry Pulled From Weekend Shows, Bagwell Surgery Update

    — Buff Bagwell underwent surgery on his jaw on Thursday, which had been wired shut, and is now walking. Indy promotion UCW, which Bagwell had been wrestling for prior to his accident, tweeted the following update on his condition:

    “Buff Bagwell released after surgery. Buff is recovering after having surgery on his jaw , which is wired. Buff has 4 plates in his face from surgery. Under his eye, across the face / nose. Is walking..but has some tingling in his arms and hands.”

    — WWE’s stock price increased by over 13% on Thursday, a sign that Wall Street was very satisfied by the company’s first quarter earnings report released earlier in the day. The stock closed at $8.90 per share after it had bottomed out around $7.75 three times in the past two weeks.

    — Mark Henry has been pulled from advertising for this week’s RAW brand live events. He had been scheduled to wrestle John Cena and WWE Champion CM Punk this weekend.

  • WrestleMania Sets Viewership Record, WWE Stock Dwindles

    — WWE announced Thursday via e-mail that WrestleMania XXVIII set a viewership record with 1.3 million pay-per-view buys worldwide and five million viewers overall.

    Their statement reads: “WrestleMania set a record of 1.3 million pay-per-view buys worldwide and was seen by more than five million fans in 105 countries. The “Once in a Lifetime” extravaganza was also seen by a sellout crowd of 78,363 fans from all 50 U.S. states and 36 countries at Sun Life Stadium in Miami, marking the highest attended event in the stadium’s history.”

    — WWE’s stock price continued to dwindle Thursday as a new 52-week low was set at $7.77 per share before closing at $7.83. The stock closed at $7.96 per share Wednesday after setting a 52-week low of $7.95 per share.

    — Eve announced on her official website that herself, CM Punk, The Miz will be signing autographs Friday at 5:30 p.n. at Virgin Megastore Champs-Élysées in Paris, France.

  • WWE To Report Q1 Results, Fans Asked To Stop Chanting YES!

    – WWE announced this week that they will report their First Quarter 2012 financial results on May 3rd. WWE Chairman and CEO Vince McMahon will host a conference call on 5/3 at 11am (Eastern) to discuss the results.

    Considering the fact that WWE’s stock hit its 9-year low this week, it will be interesting to see how Vince assures investors that WWE is still a company worth investing in.

    – Several fans who have attended live WWE events this week in Europe have reported that WWE officials have asked the audience to stop chanting “YES!”

    – Following his storyline departure from NXT this week, Tyler Reks tweeted the following:

    “1st @TheCurtHawkins turns on me. Then that piece of crap @RealKingRegal fires me from NXT. Well, here’s a middle finger to all y’all.”

  • WWE Stock Hits Nine-Year Low, Hawkins & Reks “Fired”, More

    — On Wednesday, WWE’s stock price set a new 52-week low and closed at its lowest mark since April 2003. The stock closed at $7.96 per share after setting a 52-week low of $7.95 per share. It is also the first time the stock price has closed under $8.00 per share since April 2003.

    — NXT authority figure William Regal fired both Curt Hawkins and Tyler Reks on this week’s NXT episode (watch here) after pitting the perennial troublemakers against each other in a match in which their jobs were at stake.

    Hawkins addressed his termination on Twitter, writing, “Future Endeavored. Anybody hiring a ridiculously good looking pro wrestler with exceptional hair? Damn you #NXT.”

    This week’s episode of NXT also features Johnny Curtis vs. Percy Watson and Kaitlyn vs. Maxine.

    — Beth Phoenix and Chris Jericho are scheduled to appear on French television show The Grand Journal this Friday to promote the evening’s Raw live event in Paris, France.

  • Brock Lesnar Out Of Shape? WWE Stock His 52-Week Low

    – There are many people in the WWE locker room already judging Brock Lesnar’s physical condition from his appearance last week on RAW. Lesnar appeared “doughy” during his return and many feel his wrestling performances will be affected if he does not get into better shape.

    Questions are being raised over his desire to get in excellent shape at this point in his life and perform at a high level.

    Wrestler Expects Brock Lesnar To “Crack” Under Pressure

    – WWE’s stock price struck a new 52-week low Monday morning at $8.12 per share. The stock is trading at $8.20 per share as of Monday afternoon.

    WWE’s stock price hit the 52-week low mark twice last week, hitting $8.55 on Wednesday and $8.27 on Thursday.

    – Jim Ross stated on Twitter Monday that he’s writing an article for WWE.com on his various broadcast partners over the years, including those outside of WWE.

    – CM Punk and Mark Henry are pictured on the latest issue of Pro Wrestling Illustrated.

  • Nash Cast In Male Stripper Movie, WWE Stock Hits 52-Week Low

    — NYMag.com reports that Kevin Nash has been added to the cast of the male-stripper movie Magic Mike.

    The website wrote: “Magic Mike continues to expand its beefcake roster. Now WWE Legends wrestler Kevin Nash has signed on for Steven Soderbergh’s male stripper extravaganza, perhaps adding some gruffness to the cast that includes Channing Tatum, Adam Rodriguez, Alex Pettyfer, Matt Bomer, Joe Mangianello, and the king of beefcakes, Matthew McConaughey.”

    — Shares of WWE stock closed at $8.93 per share on Thursday after hitting a 52-week low of $8.67 per share at the beginning of the day. The stock price closed at $8.83 per share Wednesday.

    — Former WWE star Ricky Ortiz is accepting bookings for wrestling appearances and autograph shows via showbis@aol.com.

  • WWE Stock Continues To Plummet, Fox News Covers Warrior

    — Shares of WWE stock closed at $9.70 per share on Wednesday after hitting a 52-week low of $9.69 per share. WWE’s stock price closed at $10.01 per share Tuesday before dropping 3.1 percent. At the time of this post, the stock is at $9.69 per share after hitting another 52-week low of $9.44 this morning.

    WWE’s stock price has continuously plummeted since the organization announced in April that their dividend price would be slashed. One year ago, WWE stock was valued at approximately $16 per share.

    — Ultimate Warrior’s inflammatory online video in which he accused longtime rival Hulk Hogan of being a cocaine-using, wife-swapping “dope head” as well as a “malicious, back-stabbing operator” has garnered mainstream coverage. FoxNews.com has posted an article on the story. The matter was also discussed some morning radio talk shows.

    Meanwhile, Hogan explained to a fan yesterday on Twitter why he plans on filing a lawsuit against the master of the Gorilla Press Slam.

    He wrote, “Deformation of character hurts business and lives and let’s people like you doubt, then follow and believe in the hate and lies.”

  • Vince McMahon Announces A Lower Dividend On WWE Stock

    WWE Announces Revised Dividend Policy

    Adjusts Quarterly Dividend to $0.12 per share

    STAMFORD, Conn.– WWE (NYSE:WWE) today announced a revised dividend policy to enhance the Company’s financial flexibility and support the “New WWE” initiative. Beginning in June of 2011, the Company’s quarterly dividend will be adjusted to $0.12 per share of common stock held by the Company’s Class A public shareholders. Members of the McMahon family will also receive dividends in the revised per share amount and, as a result, all Class A and Class B shares will receive dividends in the amount of $0.12 per share.

    “Our Board of Directors has determined that an adjustment to the current dividend is both prudent and appropriate,” stated Vince McMahon, Chairman and Chief Executive Officer. “We believe this change strikes the right balance between returning capital to shareholders and investing in our future. We are confident that WWE is ideally positioned to create long term value for our shareholders.”

    “The Company’s revised quarterly dividend was set based on targeted ranges for payout ratios and liquidity levels,” stated George Barrios, Chief Financial Officer. “Aligning payouts with our current level of earnings and cash flow will significantly enhance our financial flexibility, support our current growth initiatives, and enable us to take advantage of important strategic opportunities in a quickly changing media landscape, including executing on our ‘New WWE’ initiative.”

    WWE’s management and Board remain committed to delivering value for the Company’s shareholders, and the revised dividend will continue to return significant cash to its investors. The revised quarterly payout of $0.12 per share provides a yield of 4.2% based on the April 28 stock price, representing an approximate 130% premium to the S&P 500. Further, the Board will continue to review the Company’s dividend policy on an ongoing basis, including the appropriateness of one-time returns of capital.

    The new quarterly dividend rate will become effective with our June 2011 dividend payment. The record date for the dividend will be June 15, 2011, with a payment date of June 27, 2011.