DirecTV Surpasses Estimates and 4 Hot Stocks Changing Hands

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Staples (NASDAQ:SPLS) has agreed with Amazon (NASDAQ:AMZN) to install storage units called “Amazon Lockers” at its US stores on behalf of the giant online retailer. Amazon customers can now pick up their packages from these stores at their convenience, thereby avoiding having to wait for a delivery at their homes. Store owners are paid a small fee by Amazon for providing this service.

MTV Geek has it on “good authority” that serious talks are afoot between Disney (NYSE:DIS) and Hasbro (NYSE:HAS) on a deal that could see the entertainment giant acquire the world’s largest toy and game company. The obvious payoffs for Disney are the rights to Transformers, G.I. Joe, Dungeons and Dragons, Beyblade, Battleship and Nerf, not to mention dozens of other game titles and intellectual property. Disney would also get its hands on toy and table top game licenses for Star Wars characters.

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DirecTV Group (NASDAQ:DTV) third quarter revenue of $7.42 billion surpasses estimates by $280 million, though EPS of $0.90 falls short of expectations by $0.03. Lower costs on account of subscriber acquisition and administrative expenses lead to higher margins. Adds 67,000 subscribers during the quarter.

Third quarter EPS of $0.06 at Office Depot (NYSE:ODP) beats by $0.05 while revenues are in line at $2.7 billion, though down 5% year-on-year. Sales of portable devices such as tablets and e-readers show a rising trend while computers and accessories are down on a year-on-year basis. Gross margins are up 90 bps in the quarter.

Freddie Mac (FMCC.OB) reports a net income of $2.9 billion during the third quarter, and declares it no longer requires to draw from the Treasury. It reports a net worth of $4.9 billion as at quarter end, which is up a substantial $3.8 billion compared to the previous quarter. Net interest yield is 82 basis points compared to 83 basis points in the previous quarter. Credit quality improved with over 60% of its portfolio now showing a Serious Delinquency Rate of only 0.37%, these being loans originated post financial crisis. However, originations between 2005-2008 show a delinquency rate of 9.38%.

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