|Bid||113.72 x 800|
|Ask||117.76 x 1000|
|Day's Range||113.84 - 116.37|
|52 Week Range||96.89 - 118.10|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||14.67|
|Earnings Date||Nov 8, 2018|
|Forward Dividend & Yield||1.68 (1.49%)|
|1y Target Est||119.35|
When the world’s top two economies face off, investors watching big deals are entitled to anxiety. Lawyers who have long monitored China’s antitrust regulator are sanguine about the two deals’ prospects.
Netflix says the future of television will be mainly news and sports. Netflix predicts linear cable networks will abandon on-demand programming for live events. "New Fox" is the company that will exist after Fox sells $71.3 billion of its assets to Disney DIS .
push into streaming services might make Disney a more attractive investment. Netflix, much like some of its FANG partners, has an extremely high valuation that is bolstered by a hulking price-to-earnings ratio. Netflix's P/E ratio currently stands at around 157x earnings after its earnings release sent the shares shooting up 13% in after-hours trading Tuesday.
On October 15, Walt Disney (DIS) announced that it had offered concessions to the European Commission on October 12 to help resolve the European Union’s (EZU) antitrust concerns and accelerate the approval process of its $71.3 billion acquisition deal with 21st Century Fox (FOXA), according to Reuters. Disney initially made a bid of $52.4 billion to buy Fox’s media and entertainment assets in December 2017, but US cable company Comcast (CMCSA) intervened with its $65 billion offer to purchase these assets from Fox. The fight over the Fox assets came to an end in July after Comcast decided to withdraw from the bidding war for Fox assets and focus on buying a 61% stake in London-based Sky.
Netflix stock (NFLX) declined 1.89% on October 15 after Goldman Sachs and Raymond James slashed their price targets on Netflix on concerns of rising interest rates. Netflix stock has not been doing well recently. Amid heavy selling in Netflix along with many major tech stocks and broader market indexes, Goldman Sachs and Raymond James have cut their 12-month price target forecasts on Netflix, as they fear that the rising interest rates will erode the streaming giant’s valuation.
The latest addition to Walt Disney World's hotel line-up — an expansion to Disney's Coronado Springs Resort — is well under way and now the theme park giant is sharing a peek at what to expect. It will sit at the main entry point of the Coronado Springs Resort, where it will be the new centerpiece. Here's more from the Disney Parks Blog: This new addition is among many projects Disney has ongoing at its property.
Both Netflix and Disney appear in Jim Cramer's power ranking of the top five communications services.
Walt Disney kicked off his animation career in California in 1923, with the debut of his “Alice Comedies," a cartoon series about Alice’s Wonderland. During a period of reinvention, the studio changed its name to the Walt Disney Co. in 1986, heralding what’s now known as the Disney Renaissance.
Last week, just days after flirting with the 27,000 threshold and setting new record highs, the Dow Jones Industrial Average plunged on worries over the impact rising long-term interest rates would have on the economy amid the Federal Reserve’s ongoing tightening cycle. This week, after the harrowing selloff, U.S. equities found respite thanks to these Dow Jones stocks. Adding to the worries has been a persistent bid in crude oil prices and the rollout of third-quarter corporate earnings results.
After a poor showing for its second-quarter earnings report, Netflix stock suffered a sharp decline in the markets. NFLX stock was no exception, losing nearly 8% on that day. For context, following the Q2 Netflix earnings report, NFLX stock dropped a little over 5%.
Star Wars internet trolls are declaring victory after Marvel Comics fired a prominent writer who was working on several new projects for the Disney-owned company. Chuck Wendig, who rustled far-right jimmies when he introduced a gay character in his 2015 novel Star Wars: Aftermath, said on Friday (Oct. 12) that Marvel took him off two…
The benchmark S&P 500 index edged lower in choppy trade on Monday as technology stocks were pressured by lingering worries over interest rates and corporate earnings, while gaining Disney shares helped ...
Walt Disney has offered concessions in an attempt to allay EU antitrust concerns over its $71.3 billion bid for Twenty-First Century Fox Inc's entertainment assets, the European Commission said on Monday. Disney submitted its proposal on Friday, according to a filing on the EU competition enforcer's website which however did not provide details. The Commission extended its deadline for reviewing the deal to Nov. 6 from Oct. 19.
The European Commission has extended the deadline for its review of the deal from Oct. 19 to Nov. 11.
Walt Disney (DIS.N) has offered concessions in an attempt to allay EU antitrust concerns over its $71.3 billion bid for Twenty-First Century Fox Inc's (FOXA.O) entertainment assets, the European Commission said on Monday. Disney submitted its proposal on Friday, according to a filing on the EU competition enforcer's website which however did not provide details. The Commission extended its deadline for reviewing the deal to Nov. 6 from Oct. 19.
Tech stocks led the recent market sell-off, with the Nasdaq briefly dropping into correction territory. Among tech stocks, FANGs were particularly big losers, with every FANG stock dropping nearly 10% off their trailing one-month highs. At its low, Netflix stock was more than 15% off its trailing one-month high.
In the last five years, Netflix (NASDAQ:NFLX) has gone from being compared with CBS (NYSE:CBS) to being compared with Walt Disney (NYSE:DIS), and now Netflix’s spending trends are more similar to those of Disney than CBS. Yes, it can, because the company’s overseas business will enable the momentum of Netflix stock to continue. Netflix’s spending comes just ahead of its third quarter earnings report.
Editor’s note: InvestorPlace’s Earnings to Watch is updated weekly. Please check back next week for our latest earnings calendar picks. Throughout most of 2018, it has seemed like corporate earnings reports have been the only thing keeping the stock market from disaster.
The Walt Disney Company announced today amendments to certain terms and conditions of the previously announced offers to exchange any and all outstanding notes issued by 21st Century Fox America, Inc.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of The Walt Disney Company (NYSE:DIS) as an investment opportunity by taking Read More...
Working in state-run nursing and residential care facilities was riskier than being a police officer or a firefighter in 2016, plus more Monday business headlines to start your workday.
"Tia Mowry's Quick Fix" is a lifestyle show that has more than 1.1 million followers on Facebook. It's part of a slate of original programming from digital media and entertainment company Kin, which is building a business by bringing TV stars to digital platforms.