NBC profits from Sochi Olympics come in as average

NBCUniversal, owned by Comcast, is known to lose money in order to continue on with their tradition of broadcasting the Olympics to the world. Lately though, the company has been making big progress to actually earn a profit. Comcast predicted for several years before the Sochi Olympics that they knew it would be profitable. The company announced Tuesday that it made $1.1 billion in revenue from the games.

Comcast paid $775 million to have the rights to the Sochi Winter Olympic games and in total they spent $875 million. In 2011, NBC spent $4.4 billion for the rights to the Olympic games through 2020. The impact of this decision has been hard to measure because the benefits are very indirect.

Any profits made from the Olympics are seen as extra to Comcast. According to Neal Pilson, the former head of CBS Sports who also served as a consultant on television rights to the International Olympic Committee, “There are good corporate reasons to stay with a major sports property even if it’s a borderline profit generator”.

McDonald’s suffers from disappointing quarterly results

On Tuesday morning, McDonald’s quarterly results were down compared to what Wall Street had expected. First quarter profit and revenue were both below what analysts were expecting when the reports came in on Tuesday. This could possibly be because of the colder weather and other restaurant chain rivals.

“There is nothing to panic about there,” Edward Jones analyst Jack Russo said of the quarterly profit. Russo focused more on some good news; operations in Europe surrounding the company are continuing to show improvement on a monthly basis. The good business in Europe is helping out in the U.S. as well as beef prices continue to rise. Even though this presents good news for the company, analysts are still somewhat concerned for the company.

McDonald’s is attempting to improve how its restaurants are run and tweaking parts of its menu to appeal to more diners and ultimately increase their sales. “We continue to view McDonald’s domestic business as hampered by a menu with far too many items on it, which is slowing average service times (most worrisome regarding the drive-thru), which in turn makes same-store traffic growth that much more difficult to achieve,” Janney Capital Markets analyst Mark Kalinowski wrote in a note to clients on Tuesday.

The company continues to stay concerned with stabilizing its business in the U.S., Germany, Japan and Australia. McDonald’s is under the most pressure in the breakfast department with competitors such as Taco Bell and Starbucks launching new breakfast menus.

Animal Hospital Hosts Discount Microchip Day

According to the Joliet Patch, Crest Hill Animal Hospital will host a Discount Microchip Day from 3 to 6 p.m. Saturday, April 26. Price per microchip will be $20 (regularly $48) and will be first come, first serve while supplies last. Shannon Antinori of the Joliet Patch states, “If your pet ever goes missing, microchipping can increase your odds of being reunited.”

Crest Hill Animal Hospital is a full service companion pet hospital. According to their website, cresthillanimalhospital.com, they offer a vast array of veterinary services including:

  • Vaccinations
  • Wellness Exams
  • Dentistry
  • Blood Work
  • Therapeutic Services
  • Euthanasia
  • Nail Trimming
  • Laboratory Diagnostics
  • Pharmacy
  • Microchip Services
  • Flea and Tick Control Programs
  • Surgical Declawing

The Crest Hill Animal Hospital is open Monday-Saturday with hours posted online. Also, you can request appointments online and learn about the aforementioned services they offer. In addition, their website offers “online specials.”