The 'Rocky' movie franchise is still packing a punch for MGM and Warner Brothers (TWX). 'Creed,' The 7th movie in the series, starring Sylvester Stallone and Michael B. Jordan, opened to $42.6 million at the box office over the Thanksgiving holiday weekend, the second highest grossing installment of the series so far. The movie is being hailed a knockout success by critics, after already making back its $35 million budget and being tipped for an Oscar run. But as the original Rocky Balboa picture approaches its 40 year anniversary, MGM is looking to pull in a younger fan base. On Tuesday, mobile gaming company Tapinator (TAPM) announced a deal that will take the boxing legend onto new platforms. MGM and Tapinator will team up to release 'Rocky' interactive, mobile games for IOS (AAPL), Google Play (GOOG) and Amazon (AMZN) software. 'We anticipate that the deal will be worth upwards of seven figures for each party, for both Tapinator and MGM,' Tapinator CEO Ilya Nikolayev told TheStreet.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.