Inside Bar (Bullish)
|Bid||90.68 x 1300|
|Ask||90.70 x 900|
|Day's Range||89.60 - 91.34|
|52 Week Range||84.07 - 126.48|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||39.99|
|Earnings Date||Aug 08, 2023 - Aug 14, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 13, 2019|
|1y Target Est||120.19|
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Walt Disney said it would record a $1.5 billion impairment charge in the current quarter after removing certain content from its direct-to-consumer services, which include Disney + and Hulu. Disney said it removed certain produced content from its DTC segment on May 26 and will record the charge to adjust the carry value of these content assets to fair value. Global subscribers to Disney+ ended the second quarter down by four million at 157.8 million.
The Republican Governor of Florida and the owner of Disney World have been battling over control of the land which houses the theme park complex.
Streaming giants Netflix, Inc (NASDAQ: NFLX), Amazon.Com, Inc (NASDAQ: AMZN), and Walt Disney Co (NYSE: DIS) on Friday confidentially explored ways to dodge India's new tobacco warning rules. The executives of the streaming companies, and India's Viacom18, which runs billionaire Mukesh Ambani's JioCinema app, held a closed-door meeting, where Netflix warned the rules could prompt production houses to block their content in India, Reuters cites familiar sources. They also discussed possible legal
A federal judge overseeing the First Amendment lawsuit that Walt Disney Parks filed against Gov. Ron DeSantis and others is disqualifying himself, but not because of bias claims made by the Florida governor. Chief U.S. District Judge Mark Walker said in a court filing Thursday that it was because a relative owns 30 shares of Disney stock. The governor's lawyers had filed a motion to disqualify Walker last month because he had referenced the ongoing dispute between the DeSantis administration and Disney during hearings in two unrelated lawsuits before him dealing with free speech issues and fear of retaliation for violating new laws championed by the governor and Republican lawmakers.
The recusal places the case in the hands of a judge who has in the past sided with Florida Gov. Ron DeSantis in blocking challenges to the sex-education law at the heart of the lawsuit.
It's said that imitation is the sincerest form of flattery, and that mantra holds true in business, as well. Currently, Nike and Disney are inspiring two companies with small stock prices and big plans. Levi Strauss & Co. (NYSE: LEVI) is following the former's direct-to-consumer (DTC) playbook, while Nintendo (OTC: NTDOY) is trying to replicate the latter's monetization of kid-friendly intellectual property.
Disney stock is trading for an all-time low valuation, but that won't last forever as the business continues to improve.
Officials from NASA and Boeing Co said on Thursday that the Starliner spacecraft's first crewed flight to the International Space Station, scheduled for July 21, had been delayed. - A federal district court judge disqualified himself from a court case brought by Walt Disney against Governor Ron DeSantis and other officials in the state of Florida. - The U.S. Supreme Court ruled on Thursday that federal labor law did not protect a union from potential liability for damage that arose during a strike, and that a state court should resolve questions of liability.
A federal judge on Thursday disqualified himself from hearing Walt Disney Co's civil suit against Florida Governor Ron DeSantis and other state officials, citing a small financial interest in the company by a relative. Disney sued DeSantis in late April, asking a court to overturn state efforts to control the Disney World theme park, intensifying a battle between the global entertainment giant and the governor, who is now seeking the Republican presidential nomination. U.S. District Judge Mark Walker wrote that the relative's financial interest, 30 shares of Disney stock, could be affected by the outcome of the proceeding.
Disney sued DeSantis in late April, asking a court to overturn state efforts to control the Disney World theme park, intensifying a battle between the global entertainment giant and the governor, who is now seeking the Republican presidential nomination.
Co-founder Ed Garden will focus on managing his personal investments as Trian promotes the next generation of leaders.
Disney vacation season is upon us and with it comes crowds of visitors taking a journey to its theme parks in Florida and California. Guests will need to keep a scorecard of which rides are operating, since Disney has decided to schedule some ride closures during the summer months that might disrupt some trips. Splash Mountain at Disney World's Magic Kingdom in Orlando closed on Jan. 23, while the same ride closed May 31 at Disneyland in Anaheim, Calif., both to be rethemed as Tiana's Bayou Adventure and reopening in 2024.
Amid earnings reports and the ongoing writers' strike, media stocks struggled in the month of May. Yahoo Finance media reporter Allie Canal breaks down the stock performance of several media companies and what to expect going into the summer.
New movies and a Marvel miniseries on Disney+ will make this an interesting month for Disney shareholders.
Netflix has proven to be a recent outperformer in the media sector as Paramount, Disney, and Warner Bros. Discovery stocks have seen large declines in the last month.
If you meet a Disney fan who visits Walt Disney World Resort or Disneyland several times a year, it's likely the fan has an annual pass. See: 9 Bills You Should Never Put on AutopayRelated: How To...
A search for Wes Anderson on YouTube turns up trailers that the famed director with a distinctive style appears to have made for adaptations of "Star Wars," "Harry Potter" and "The Lord of the Rings" featuring Bill Murray, Scarlett Johansson and other stars. Artificial intelligence allowed people with no real actors and far smaller resources than major Hollywood studios to generate the fake movie trailers, feeding debate on the issue that will be on the bargaining table when the SAG-AFTRA actors union begins labor talks with studios on June 7. AI already has divided studios and striking film and television writers, who want assurances that the emerging technology will not be used to generate scripts.
Growth stocks are picking up steam again after tanking at the beginning of the bear market. Roku (NASDAQ: ROKU) stock plummeted along with other growth stocks last year, but it's slowly making its way back up. Roku is a streaming company, but it has a different core business than most streamers like Netflix or Walt Disney.
Fool.com contributor and finance professor Parkev Tatevosian reveals his best 20 stocks to buy now. Whether you're a growth investor, a dividend investor, or a value investor, there is something for you in this video.
Tens of thousands of LGBTQ+ people are flocking to central Florida this weekend to go on theme park rides, mingle with costumed performers, dance at all-night parties and lounge poolside at hotels during Gay Days, a decades-long tradition. If the hoped-for 150,000 or more visitors come to the half-week of pool parties, drag bingo and thrill rides at Orlando's theme parks and hotels, then “that's the point,” said Joseph Clark, CEO of Gay Days Inc.
Disney is making more changes that may upset its customers. Disney+, the company's streaming service that gives customers access to a huge selection of on-demand shows and movies from Disney, Pixar, Marvel, Star Wars, 20th Century Studios and the National Geographic, had over 164 million subscribers by April 2023, according to Business Insider. Verizon customers were able to get one year of Disney+ for free when it first launched, helping it sign up new customers to help it compete against Netflix, Amazon, HBO and Apple, according to CNBC.
Disneyland parkgoers rode on the Splash Mountain ride for the last time on Tuesday as the park plans to redesign the site to a Princess Tiana theme from “The Princess and the Frog.” Photo: Daps Magic via Storyful
An Italian plumber is helping Comcast in multiple ways.
Find out why these two stocks could be your ticket to impressive returns in the market's next bull run.
Disney World and Disneyland Resort have different requirements in some covid-era rules still on the books.