The Lorax raked in $70.2 million in ticket sales this weekend, making the animated feature film the year's biggest theatrical opening so far. That's good news for Comcast's Universal Studio and it's probably just the beginning.
It should be pretty quiet on the economic calendar this week, with only a few national reports due out. But iconic companies Walt Disney, Coca-Cola and Hasbro, among others, are scheduled to report quarterly results. Here's a preview.
It's award season in Hollywood, with the Oscars just weeks away. But stocks are forward-looking, so investors are already keying on summer blockbuster season. And a bigger-than-expected summer hit or two can indeed provide a catalyst for media and entertainment company shares.