|Bid||35.40 x 27000|
|Ask||35.74 x 21500|
|Day's Range||35.35 - 35.85|
|52 Week Range||30.43 - 44.00|
|PE Ratio (TTM)||7.00|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||0.76 (2.17%)|
|1y Target Est||43.06|
TOP TEN MarketWatch rounds up 10 of its most interesting topics over the past week. 1. Turkey’s crisis and mismanagement Turkey isn’t reacting typically to its currency crisis, as Mohamed El-Erian explains.
Here's what's planned for one of the larger tenants at this theme park-related entertainment, dining and shopping complex.
It was just a matter of time before media companies decided they too wanted a piece of the $3 trillion-plus health-care pie
Recent stories on Netflix, Amazon, Hulu and other streaming services reported by The Business Journals and elsewhere.
There is life after net neutrality…for the biggest Internet Service Providers …which are also the biggest cable providers. The strategy of companies like AT&T (NYSE:T), Comcast (NASDAQ:CMCSA) and Verizon Communications (NYSE:VZ) are now clear. Bundle “free” programming in with Internet service, and then raise the price of the Internet service to compensate.
Comcast (CMCSA) noted during its July 26 second-quarter earnings call that it’s increasing its marketing efforts to attract more Internet customers. Comcast has also been boosting Internet speeds for its customers.
Both 21st Century Fox (FOXA) and Comcast (CMCSA) are bidding for the remaining 61% stake in European broadcaster Sky’s assets. Sky operates in five countries—Austria, Germany, Ireland, Italy, and the UK—and has nearly 23 million pay-TV subscribers across Europe. Walt Disney’s (DIS) pending purchase of Fox’s assets is expected to give Disney a 39% stake in European pay-TV provider Sky plc. Fox initiated with a bid of $15.5 billion for a 61.0% stake in London-based Internet service provider Sky in December 2016.
Here's what the lead developer behind Universal's new hotel said stuck with him through the process.
Citing confidential sources, Bloomberg reported that Walt Disney (DIS) is seeking to regain the TV rights to the Star Wars film series from Turner Broadcasting. Turner Broadcasting is part of AT&T (T) following the telecom company’s acquisition of its parent, Time Warner. Disney’s initial inquiry about regaining the TV rights to the Star Wars movies met resistance, the report said.
CenturyLink (CTL) has cast doubt over its participation in the upcoming airwaves auction in the United States. The FCC is planning to run two spectrum auctions starting in November. During its second-quarter earnings call, CenturyLink CEO Jeff Storey said that he had no plans to lead the company to a huge wireless spectrum purchase.
Walt Disney (DIS) is looking to acquire 21st Century Fox’s (FOXA) film and TV studios, cable networks such as FX Networks and Fox Sports Regional Networks, Fox Networks Group, stakes in National Geographic Partners, Indian satellite TV group Star India, Hulu, the UK-based satellite TV group Sky plc, and other vital assets.
As part of its push to become a leader in the streaming video market, Walt Disney (DIS) launched a sports-focused streaming service called ESPN Plus in April. ESPN Plus is Disney’s first direct-to-consumer media and entertainment offering. The company is expected to launch another streaming service next year.
The long-standing battle between media giants Walt Disney (DIS) and Comcast (CMCSA) for most of the media and entertainment assets of 21st Century Fox (FOXA) came to an end in July as Comcast decided to withdraw from the bidding war for Fox assets. Comcast is focusing on buying a 61% stake in London-based Sky Plc, in which Fox already has a 39% stake.
Universal Orlando Resort sees the value in hotel inventory, and it’s doubling down on that notion with the newly opened Aventura Hotel. The 600-room hotel, which opened Aug. 16, is one of three new properties being added to the Universal Orlando portfolio. Next year, Orlando will welcome the 750-room Surfside Inn & Suites, and in 2020, the 2,050-room Dockside Inn & Suites — both part of the Universal's Endless Summer Resort concept planned on I-Drive.
Disney beat the competition, enabling it to bring home the bulk of the assets. Did Disney make a shrewd move or was its offer too undisciplined? The company’s share buybacks are suspended for the time being, removing one source of support for DIS stock.
Amid the growing popularity of online video streaming services, Walt Disney (DIS) is set to launch its Disney-based streaming service in 2019. Disney seeks to have more control over its movies and TV shows from creation to distribution, which could give Disney more data to engage its vast audience.
AT&T’s (T) bid was successful in a recent spectrum auction in Mexico. AT&T placed a $76.0 million bid in the Mexico spectrum auction. The spectrum AT&T is buying in Mexico is suited for 5G mobile networks.
Orlando offers a unique sparkly light show at night — from the multicolor spires of Fun Spot on International Drive to the green glow of the Incredible Hulk roller coaster at Universal's Islands of Adventure theme park — when you're looking out from the top of the Aventura Hotel, the area's newest lodging to open in the tourist district. The 600-room tower that marks the sixth lodging property for Universal Orlando Resort is also the latest to show parent company Philadelphia-based Comcast Corp.'s (Nasdaq: CMCSA) commitment to the hotel aspects of the theme park business.
Walt Disney (DIS) paid its semi-annual dividend of $0.84 per share on July 26 to the shareholders of record on July 9. The company’s semi-annual dividend of $0.84 was higher than the previous year’s semi-annual dividend of $0.78 per share, bringing its total dividends for fiscal 2017 to $1.62 per share. The company last paid its semi-annual dividend of $0.84 in January.
At the time of announcing Houston as the third of its first four target markets for its 5G service rollout later this year, Verizon (VZ) also updated its strategy now that it has a new chief executive officer. AT&T (T) appears headed in the way of doing production and distribution by itself.
Walt Disney’s (DIS) theme parks and resorts are the driving force of the company’s top-line growth. In the fiscal third quarter, Disney’s Parks and Resorts segment reported revenues of $5.2 billion.
The Walt Disney Company’s (DIS) film business has been doing very well on the back of its blockbuster releases. In the fiscal third quarter, the success of blockbuster movies Avengers: Infinity War and Incredibles 2 drove the company’s Studio Entertainment segment revenues by a whopping 20% YoY.
Universal Orlando Resort's latest addition to its hotel family stands ready to welcome its first guests Aug. 16. The 600-room hotel is just one of three new hotel properties being added to the Universal Orlando hotel portfolio. Next year, Orlando will welcome the 750-room Surfside Inn & Suites, and in 2020, the 2,050-room Dockside Inn & Suites — both part of the Universal's Endless Summer Resort concept planned on I-Drive.