SAN FRANCISCO (KRON) – On today’s edition of Rob Black’s Winners and Losers, our financial expert Rob Black and KRON 4’s Mark Danon to talk about Walmart, Playboy and Bank of America.
Walmart’s stock is getting hammered, according to Danon. Even though they are still a profitable company, Black recommends avoiding the stock.
Playboy magazine recently announced they will no longer publish fully nude photos. China is a key market for Playboy, according to Black. Playboy licensing its bunny logo for goods like branded clothing and fragrances in China is a huge revenue source for the magazine.
Bank of America delivered quarterly earnings that topped analysts’ expectations on Wednesday. Shares of Bank of America rose more than 1.5 percent in premarket trading following the announcement.
Mark Zuckerberg went to prison on Tuesday, but it was just to visit and to join the fight for prison reform.