101.24 +0.09 (0.09%)
After hours: 4:53PM EDT
|Bid||101.22 x 200|
|Ask||101.50 x 400|
|Day's Range||99.05 - 101.49|
|52 Week Range||96.20 - 116.10|
|PE Ratio (TTM)||14.43|
|Earnings Date||May 8, 2018|
|Forward Dividend & Yield||1.68 (1.67%)|
|1y Target Est||119.90|
Wednesday, April 25: Comcast ignites bidding war with Fox over Sky, Twitter turns a profit and adds users, Commission on College Basketball pushes NCAA for changes. Yahoo Finance’s Dan Roberts lays it out.
Comcast made its $31 billion, all-cash offer for U.K.-based Sky official but a bigger deal for 21st Century Fox Entertainment may not be in the cards. That's how some investors seem to be interpreting comments by Comcast's CFO on its earnings call.
No, all due respect to Blumhouse's The First Purge, the first trailer for Glass would be a most appropriate debut for the pre-trailer reel Walt Disney and Pixar's The Incredibles 2. Well, just for fun, here are three damn good reasons why Teen Titans Go to the Movies! The Incredibles 2, as opposed to Jurassic World 2 or Purge 4, is the best spot for such an offering. As you probably know, Unbreakable was a Hollywood Pictures release, which was a subdivision of sorts for Beuna Vista (Walt Disney) back when the Mouse House released a lot more adult movies alongside the likes of their animated fare and kid-targeted family movies.
The cable and media giant published solid first-quarter results, powered by two enormous sporting events, and also doubled down on its $31 billion takeover bid for British broadcaster Sky.
LONDON/NEW YORK (Reuters) - U.S. media group Comcast (CMCSA.O) submitted a 22 billion pound bid for Sky (SKYB.L) on Wednesday, prompting the European pay TV group to drop its support for a lower offer from Rupert Murdoch's Twenty-First Century Fox (FOXA.O). Sky's independent directors welcomed Comcast's 12.50 pound per share bid and said they would now engage with both Comcast and Fox. The bid formalises an offer first made in February and puts pressure on Fox, which already has a 39-percent stake in Sky, to raise the 10.75 pound per share cash offer it first announced in December 2016.
Disney is focused on the direct-to-consumer market—and its investors should do the same. Kevin Mayer, the company’s chief strategy officer, was named chairman of that division. Walt Disney (DIS) “is positioning itself as such to concentrate on long-term growth opportunities and more clearly realigned around them,” the analysts wrote, saying the new segment “creates a dedicated division focused on the future of the media business.” Investors are watching a number of direct-to-consumer initiatives at Disney closely, including the new $4.99-per-month ESPN+ app and a much-anticipated stand-alone video service that would challenge Netflix (NFLX), Amazon.com’s (AMZN) Prime Video, and Hulu.
Comcast Corp. ( CMCSA) has placed a $30.7 billion bid for British satellite broadcaster Sky PLC that kicks off a bidding war with 21st Century Fox Inc. ( FOXA) and Walt Disney Co. ( DIS). Under the terms of Comcast’s bid, the company would pay $17.45 per share in cash for Sky, which has customers throughout Europe. To get regulatory approval for that takeover, the companies have agreed that Fox would sell Sky News to Disney.
While investors have reason to be concerned with subscriber metrics at Walt Disney Co (NYSE: DIS )'s ESPN unit, the stock offers a balanced risk-reward profile, according to BMO Capital Markets. The Analyst ...
The new Marvel movie is going to be huge, but it may hurt Disney's plan to snap up key Twenty-First Century Fox properties.
Comcast has formally submitted a $31 billion bid to buy Sky, prompting the European pay-TV operator to drop its backing for a takeover by Fox and setting up a bidding war for the company.
Kids like Caleb Moushey are killing cable TV. Not that Caleb knows from cable. “Everything is Netflix,” said his mother, Ally Brown, an insurance agent in the St. Louis area who also has a 5-year-old and a baby on the way.
"Black Panther" set a high bar for the next installment in the blockbuster franchise, but Marvel's latest superhero team-up movie seems destined to top its predecessor.
Comcast Corp. kicked off a bidding war for Sky Plc by formalizing its 21.5 billion pound ($30 billion) offer for Britain’s largest pay-TV company, throwing down the gauntlet to Rupert Murdoch’s 21st Century ...
Comcast made its interest in Sky official on Wednesday when it submitted a formal offer for the European pay-television group. But regardless of whether it triumphs in its bid at £12.50 a share, shareholders ...
Sky , the pay-television company founded by Rupert Murdoch, has become a pawn in a global media power struggle involving Comcast, the American cable group, Walt Disney and Mr Murdoch’s own 21st Century ...
By the time the curtain drops on 2018 for movie theater owners, Adam Aron will be either the sage who predicted the rebound or the rube who was taken in by his own enthusiasm.
Marvel superhero movie "Avengers: Infinity War" earned impressive reviews on Tuesday ahead of what is expected to be one of the biggest box office opening weekends on record. Critics largely praised the Walt Disney Co. film for its ambition, scale and wit in assembling more than 20 Marvel comic book heroes, and for a jaw-dropping ending that seems designed to get audiences hooked for another installment next year.
Burbank, California-based Walt Disney Co. has operations around the country. It also owns ABC Television, ESPN Inc., Pixar, Marvel Studios and Lucasfilm Ltd., and is also in the process of buying 21st Century Fox’s entertainment assets. Here are recent stories on Disney reported by The Business Journals and other media.