Cramer Recommends WWE Again, ECW, Ric Flair Shoots, & More
WWE issued the following press release this week: World Wrestling Entertainment, Inc. To Report 2008 Third Quarter Results October 20, 2008 STAMFORD, Conn., October 20, 2008 ? World Wrestling Entertainment, Inc. (NYSE:WWE) announced that it will report its 2008 third-quarter results on Thursday, November 6, 2008, before the market opens. Senior management will host a conference call beginning at 11:00 am ET to discuss the results. All interested parties are welcome to listen to a live web cast that will be hosted through the Company's web site at corporate.wwe.com. Participants can also access the conference call by dialing 800-862-9098 (conference ID: WWE). Please reserve a line 15 minutes prior to the start time of the conference call. The earnings release and presentation to be referenced during the call can be found at corporate.wwe.com. A replay of the call will be available approximately two hours after the conference call concludes, and can be accessed at corporate.wwe.com. Additional information on World Wrestling Entertainment, Inc. (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to https://www.wwe.com/worldwide/.
Despite the current-state of the United States economy, CNBC's Mad Money host Jim Cramer recommended WWE's stock yesterday in his lightning round. Cramer says he has always been a fan of their stock and likes the dividend it pays. WWE's stock closed yesterday at $14.81 per share.
According to data compiled by Nielson Media Research, this week's edition of ECW on Sci-Fi drew a 1.3 cable rating. WWE officials are considering this number a success as last week's edition drew a low 1.1.
Highspots.com recently conducted a sit-down "shoot" interview with Ric Flair. The three-disc set will be available some time in November. The company has posted 2 preview clips from the footage they shot. In the first clip, Flair comments on the death of WCW. In the second clip, Flair gives his thoughts on Vince McMahon.