– The drug distributor reported quarterly earnings of $1.62 per share, beating the consensus estimate of $1.43 a share. Revenue also beat forecasts.
Its businesses reported increased volume related to the Covid-19 pandemic, but it does expect a significant net negative impact to current-quarter results. – The hotel operator earned 26 cents per share for the first quarter, well below the consensus estimate of 80 cents a share. Revenue topped estimates. Marriott said business was improving in greater China, and stabilizing in the rest of the world although at extremely low levels.
An $AMZN $AMC merger makes sense. $AMZN can pick up a cheap alternate way to distribute their content. Next stop - buy $VIAC to instantly improve $AMZN content. $AMZN would get Paramount and a large stake in Miramax on the cheap.