- Barrons.com•32 minutes ago
Credit Suisse analyst Omar Sheikh and team explain why Walt Disney (DIS) could consider taking over Twitter (TWTR) or Netflix (NFLX) thanks to AT&T's (T) purchase of Time Warner (TWX), even if it isn't their preferred option. This will confer an enhanced ability to bid for sports rights from 2021 onwards, and thereby put pressure on Disney to invest further in ESPN's direct to consumer distribution capabilities. It can do this organically or inorganically: Twitter (NR) and Netflix (N, $130) are two listed options for the latter, but we believe the organic option would be significantly less costly and give Disney the opportunity to tailor new services around its own IP.
- Investor's Business Daily•57 minutes ago
Struggling Twitter was trading up Thursday after posting quarterly earnings that topped estimates and announcing a restructuring and 9% cut to its workforce.
The Walt Disney Company (DIS)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||93.80 x 600|
|Ask||93.82 x 600|
|Day's Range||93.31 - 94.12|
|52wk Range||86.25 - 120.65|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||16.85|
|Avg Vol (3m)||7,537,190|
|Dividend & Yield||1.42 (1.53%)|