|Bid||147.52 x 800|
|Ask||147.99 x 800|
|Day's Range||147.25 - 148.93|
|52 Week Range||100.35 - 153.41|
|Beta (5Y Monthly)||1.02|
|PE Ratio (TTM)||22.26|
|Earnings Date||Feb 3, 2020 - Feb 7, 2020|
|Forward Dividend & Yield||1.76 (1.19%)|
|1y Target Est||156.28|
Disney is facing backlash today. After Japanese artists hired to promote the Disney film "Frozen 2" wrote on Twitter that they were instructed by the company to hide the fact that this was a paid project. This statement contradicts Disney's original explanation that the failure to label the campaign as promotional was accidental.
Star Wars has come to Facebook's Messenger app. The features were developed in partnership with Disney to help promote the upcoming film, "Star Wars: The Rise of Skywalker," which premieres nationwide on December 20. Both the stickers and the reactions allow users to express themselves using characters from both sides of The Force, says Facebook.
Atlanta's fast-food giant will stay on as title sponsor of the Peach Bowl with a new agreement on the horizon.
Streaming has changed how consumers watch television. It's also changing how they see ads on the platforms that include them. Hulu, which is controlled by The Walt Disney Co. (NYSE: DIS), has launched binge-friendly ads with irreverent messaging and a treat for viewers who watch three episodes in a row.
Shares of Amazon (AMZN) have slipped 6% in the past six months, while the S&P 500 climbed 9%. So when will Wall Street and investors start to think about buying Amazon stock again?
Given the huge success of Disney's streaming service, investors could tap the opportune moment with consumer ETFs having the largest exposure to this global media and entertainment company.
A November property sale near Walt Disney World's Animal Kingdom accelerated a mixed-use development near the theme park. Maitland-based developer Equinox Development Properties Inc.'s WaterStar Orlando LLC paid $5 million for roughly 6 acres that will be part of the larger WaterStar development, according to Orange County records. An entity related to Burbank, California-based Walt Disney Co. (NYSE: DIS) was the seller.
After a magical two-decade tenure at Walt Disney Co (NYSE: DIS), CEO Bob Iger earned his wings. In the last year, Iger grew Disney’s production, distribution and financial capacity with various developments and acquisitions. First, he led Disney to acquire Twenty-First Century Fox to secure National Geographic, FX and the remaining stake in Hulu, among other assets.
Disney+ downloads passed 22 million on mobile devices, the independently owned app-tracking company Apptopia announced Tuesday.
The streaming service, which made its debut Nov. 12, has been downloaded 22 million times to mobile devices in what is probably the most-successful launch in the nascent industry’s history, according to app-tracking firm Apptopia.
The Federal Reserve met today and, as expected, the central bank didn't reveal an interest rate reduction. Add to that, the takeaway appears to be that the Fed won't cut rates next year, but equities liked that news as stocks posted a decent Wednesday rally.Source: Provided by Finviz * The S&P 500 jumped 0.29% * The Dow Jones Industrial Average added 0.11% * The Nasdaq Composite gained 0.44% * Home Depot (NYSE:HD) was by far the worst performer in the Dow Jones today, shedding 1.7% after the company issued 2020 sales guidance that disappointed analystsAlthough the Fed didn't change interest rates today, the focus on the central bank was a nice change of pace from the trade headlines that have been so dominant in recent days."The Committee judges that the current stance of monetary policy is appropriate to support sustained expansion of economic activity, strong labor market conditions, and inflation near the committee's symmetric 2 percent objective," said the Federal Open Market Committee (FOMC) in a statement.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Worst Dividend Stocks of the Decade For those rooting for more rate cuts, such as President Trump, the Fed's comments today probably aren't good news. More importantly, the commentary from the central bank should be seen as positive and, stocks reacted as such, because the Fed sees the U.S. economy on firm enough ground right now that lower borrowing costs aren't necessary.It may take a while for the lack of an imminent rate cut to sink in as a positive, but it was enough to have 17 of the 30 Dow stocks higher in late trading. First, The Bad NewsAs noted above, Home Depot was the Dow's trouble spot today. The home improvement retailer said it expects sales to increase by 3.5% to 4% next year, below the consensus estimate calling for 4.3% growth."We are building on our distinct competitive advantages to capitalize on a large and fragmented market opportunity," said CEO Craig Menear in a statement.Home Depot forecast "diluted earnings-per-share growth of approximately 3.1 percent from fiscal 2018 to $10.03." Shares of Home Depot are down more than 7% this month. Even More Bad News…Chevron (NYSE:CVX), the second-largest domestic oil company, was the second-worst Dow performer today after Home Depot. The oil giant slipped 1.4% after saying it's writing down $11 billion worth of assets."We believe the best use of our capital is investing in our most advantaged assets," said CEO Michael Wirth in a statement. "With capital discipline and a conservative outlook comes the responsibility to make the tough choices necessary to deliver higher cash returns to our shareholders over the long term."Chevron also said it's planning $20 billion in capital expenditures for 2020 -- the third straight year the company has held spending flat at that level. Finally, Some Good NewsApple (NASDAQ:AAPL) was one of the Dow leaders today as another analyst chimed in about the company's leverage to the consumer and the holiday shopping season, including, of course, the iPhone and AirPods.Evercore ISI analyst Amit Daryanani "thinks investors should get ready for the tech giant to return to growth again in 2020. He also sees upside to December quarter sales estimates, given signs of a robust holiday season for AirPods Pro and iPhone 11," reports Barron's. Disney AgainIn talking about Dow stocks and good news, these days it's hard to avoid mentioning Disney (NYSE:DIS). Whether it's at the box office or at its theme parks, Disney is simply a juggernaut, but let's not forget about streaming. The recently unveiled Disney + streaming service is off to a stellar start. * 7 Game-Changing Tech Stocks to Buy Now "Disney+ has been downloaded 22 million times on mobile devices since the launch of the streaming service in November, according to a report by research firm Apptopia," reports Reuters.That's after Disney + landed 10 million subscribers on day one, so its subscriber base has more than doubled in less than two weeks. Bottom Line on the Dow Jones TodayWith the Fed clearly optimistic about the state of the U.S. economy and as the business cycle enters it latter stages, investors may want to consider growth stocks, of which the Dow is home to several."Value has recorded multiple years of underperformance relative to growth and the broader market, and it remains mired in an unfavorable cyclical trend," said State Street in a recent note. "Dissecting the US by sectors also reveals a dichotomy between market leaders and laggards … [g]rowth sectors like Technology, Communication Services, and Consumer Discretionary have all hit all-time highs in 2019."As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 5 Best Tech Stocks to Buy For the Next Decade * 4 Beaten-Up Pot Stocks Worth Considering in 2020 * Top 5 Tech Stocks of the 2010s Decade The post Dow Jones Today: Federal Reserve Holds, Boosting Stocks appeared first on InvestorPlace.
Walt Disney World has a lot on its plate with multiple additions underway across the Orlando resort, but few are as intriguing as the first-of-its-kind Star Wars: Galactic Starcruiser hotel/cruise experience. The new souped-up attraction/hotel hybrid provides guests with a unique experience where they vacation aboard the Halcyon starship in the world of Star Wars and live a multi-day adventure among the stars. The stay includes a port day to the planet of Batuu, the setting of the Star Wars: Galaxy's Edge land at Disney's Hollywood Studios theme park in Orlando where guests can continue their Star Wars story at the new land, which debuted earlier this year.
It's difficult to lock down the absolute best stocks to buy for any year - but 2020 could be particularly challenging.For one, 2019's run-up has lifted stocks to sky-high prices only seen a handful of times in history. Also, the global economy is starting the year at a potential inflection point - growth has been weakening for months, but signals of a turnaround are starting to pop up. And the 2020 presidential cycle is almost certain to cause headaches for a number of politics-sensitive sectors.The year ahead could be every bit as volatile as 2019, if not moreso. Thus, the best stocks for 2020 will need to have not just decent-to-robust growth prospects, but a little durability too. That's quite the needle to thread ... but several companies do fit that bill.Here are the 20 best stocks to buy for 2020, rain or shine. A few of these possess typical defensive characteristics such as recession-resistant businesses and/or high dividend yields. A few possess qualities that could protect them from 2020-specific dangers, such as trade turbulence or the upcoming presidential elections. But all of them merit a place in most stock portfolios in the coming year. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
Disney+ streaming service has hit 22 million downloads a month after launch, generating $20 million, new research shows.
TD Ameritrade Holding Corp. (NASDAQ: AMTD) clients were net buyers of Walt Disney Co (NYSE: DIS) during November following Disney’s release of its highly anticipated streaming service Disney+. This is according to the TD Ameritrade IMX, a monthly measure of buying and selling activity among the firm’s clients. Shares of Disney hit an all-time high on Nov. 26 after it was reported that the streaming platform was averaging 1 million new subscribers per day.
Kevin Feige's takeover of Marvel Studios is complete. The Walt Disney Co. (NYSE: DIS) has folded Marvel Television into the superhero studio, completing a transition that began in October, when Feige was named chief creative officer of Marvel Entertainment and the TV unit was moved under his purview. Marvel TV will complete the projects it has in production, including the seventh and final season of "Agents of S.H.I.E.L.D." on ABC and the new show "Helstrom" plus a slate of animated series on Hulu.