— WWE will be airing a WrestleMania 29 special tonight on NBC at 9PM ET/PT.
— Zacks market research has downgraded their guidance on WWE’s stock from “neutral” to “underperform.”
— WWE’s 10-Q document mentioned the following:
“On June 25, 2012, the Company invested $5,000 in Tout Industries, Inc.’s (“Tout”) Series B Preferred Stock. In July 2012, the Company entered into a two-year strategic partnership whereby WWE would fully integrate and promote Tout’s technology platform into WWE’s TV broadcasts,digital properties and live events. WWE is eligible to receive up to 11,250 shares of Tout common stock per quarter over the life of the two-year agreement if certain performance metrics are met. During the six months ended June 30, 2013, we achieved the required performance metrics and recorded revenue of $439. The Company increased its investment in Tout for the 22,500 shares it received related to the fourth quarter of 2012 and first quarter of 2013, respectively. The Company recorded a receivable for the shares it expects to receive related to the second quarter of 2013.”
100% DIRECT LINK (PHOTOS): Lita In One Incredible-Looking Bikini! **ALL ASS SHOTS**
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