The action spectacular John Carter is estimated to lose almost 200 million dollars. March 10, 2012- Wall Street analysts have predicted that John Carter, the latest movie released by Walt Disney, could cost the studio up to $165 million. The big budget adventure film about Martians debuted Friday. Usually estimates are not changed prior to the film being debuted but because of the high profile of the film, Wall Street analysts did so. They almost doubled the amount they feel the studio could lose... 

McDonald’s sales are down due to weakness in Europe. March 9, 2012- On Thursday, McDonald’s reported its global sales for February. The figure did not meet Wall Street’s estimates. Analysts on Wall Street underestimated the effect the harsh winter in Europe and the region’s continual economic upheaval would have on the company’s sales. McDonald’s also said the uncertainty in the economy could impact growth in profit. The company’s stock sank by 3% following its announcement. The latest...