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WWE Stars Sent to Developmental, WWE Stocks News, More

Posted by Marc Middleton in WWE News
Wednesday, May 13th, 2009

– WWE Superstars and DJ Gabriel are booked to appear on Florida Championship Wrestling live events on 5/22 and 5/24 in Plant City and Melbourne, Florida. Other WWE stars scheduled to appear include Ezekiel Jackson, Ricky Ortiz and .

– Saturday night’s RAW brand house show at the Chevrolet Centre in Youngstown, Ohio drew a paying audience of 7,100 fans.

– Dwayne Johnson’s “Race To Witch Mountain” film will be available on DVD and BluRay on August 4th.

– BloggingStocks.com is questioning whether WWE can sustain their unusually high dividend yield, which was almost 13% as of Tuesday’s closing price. Writer Steven Mallas says WWE’s stock looks appealing, but WWE’s latest round of financial results reported earlier this month makes him cautious. “One thing about the earnings picture that I don’t like is that both revenues and earnings per share are down. Sure, cash flow may have improved, but when you combine timing issues with a drop in income and juxtapose that with WWE’s dividend yield, you’ve got to pause and really look at the situation. I mean, reporting a nearly 50% drop in per-share profit just doesn’t inspire a lot of confidence.”

CLICK HERE FOR LOTS MORE EXCLUSIVE WWE NEWS AND SPOILERS POSTED TODAY… GO NOW!

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