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HBO confirms 'Game of Thrones' final season to air in 2019
HBO confirmed on Thursday that its most popular series "Game of Thrones" won't return for its eighth and final season until 2019. The Time Warner Inc.-owned premium cable network did not say when exactly in 2019 the next season might air, but the show began production back in October, and it's expected to run until the middle of 2018. The final episode of the show's most recent seventh season pulled in 12.1 million viewers, making it the most-watched episode in the series's history. HBO has been trying to find a replacement for the massive hole the end of "Game of Thrones" will leave at the network. While creators and executive producers David Benioff and D.B. Weiss will try their hand at a controversial alternate history drama "Confederate" once "Game of Thrones" ends, HBO has five potential spinoffs of the show in development. Shares of Time Warner have declined nearly 5% in the trailing 12-month period, while the S&P 500 index is up 20% and the Dow Jones Industrial Average is up 25%Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Pizza Hut piloting beer and wine delivery in Phoenix
Pizza Hut, a Yum Brands Inc. chain, has launched a beer delivery pilot in Phoenix, the company said on Tuesday. Many Pizza Hut locations already serve beer and wine. "Couple that with our extensive network of delivery drivers and we have the capability to be a one-stop-shop for customers looking to enjoy beer and wine with their pizza," the company said in a statement. "No third party services, no additional fees, and no extended wait times." The initial beer selection in Phoenix will be Budweiser, Bud Light, Shock Top and Kilt Lifter, a local beer. Pizza Hut expects to add wine in January. Yum shares are up more than 32% for the last 12 months while the S&P 500 index is up 19.8% for the period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
HP Inc. shares fall 4% after Q4 results
Shares of HP Inc. fell 4% late Tuesday after the Palo Alto, Calif., company reported fiscal fourth-quarter earnings and sales above expectations. HP said it earned $660 million, or 39 cents a share, in the quarter, compared with $492 million, or 28 cents a share, in the year-ago period. Adjusted for one-time items, HP earned 44 cents a share, compared with 36 cents a share a year ago. "We posted top-line growth across both Personal Systems and Print, with broad-based, double-digit growth in all three regions, while also growing operating profit and non-GAAP EPS year-over-year," Chief Executive Dion Weisler said in a statement. Sales rose 11% to $13.9 billion in the quarter, compared with $12.5 billion a year ago. Analysts polled by FactSet had expected the company to report adjusted earnings of 44 cents a share on sales of $13.4 billion. HP forecast an adjusted EPS in a range of 40 cents to 43 cents for fiscal first quarter, and it raised its fiscal 2018 adjusted EPS estimates to a range of $1.75 to $1.85. Analysts surveyed by FactSet expect adjusted fiscal first quarter earnings of 42 cents a share and adjusted fiscal 2018 EPS of $1.79 a share. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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