|Bid||49.07 x 800|
|Ask||49.05 x 3200|
|Day's Range||48.91 - 49.12|
|52 Week Range||32.08 - 49.65|
|Beta (3Y Monthly)||0.42|
|PE Ratio (TTM)||18.62|
|Forward Dividend & Yield||0.36 (0.73%)|
|1y Target Est||51.50|
Another tough day in the markets, with stocks giving up early gains into the close. Yahoo Finance's Jen Rogers and Myles Udland talk to Brian Shannon, CMT and founder of www.alphatrends.net, who breaks down the latest price action in the SPDR S&P 500 ETF (SPY). Anchors away!
For the quarter ended September 30, 2018, the net asset value ("NAV") per Class AAA Share of The Gabelli Asset Fund increased 5.1% compared with an increase of 7.7% for the Standard & Poor's ("S&P") 500 Index. Spirits is an advantaged category that enjoys high margins, low capital requirements, strong free cash flow generation, and good pricing power.
Hannity Remains Number One Program for the Second Year in a Row
There are a few big-name stocks which have held up well during the recent stock market rout. One of those names is Disney (NYSE:DIS). Disney stock is just 6% off its recent highs, while the S&P 500 and Dow Jones are both in correction territory.
The networks, which include the New York-based YES Network that broadcasts Yankees games, are part of Disney’s $71 billion acquisition of Fox’s entertainment assets.
of Rhode Island says Mr. Shine could be breaking the law by receiving bonuses from his previous employer while working at the White House. According to Mr. Shine’s recently released financial disclosure, he received an $8.4 million severance payment from 21st Century Fox in 2017 and is scheduled to receive additional payments of $3.5 million in 2018 and 2019.
Four Democratic senators are requesting the White House to hand over documents proving Trump communications advisor Bill Shine is not breaking federal ethics laws as he continues to get paid millions in bonuses by Fox. Elizabeth Warren, Richard Blumenthal, Sheldon Whitehouse and Edward Markey comes as ethics experts question whether Shine broke any laws or violated any rules. CNBC first reported on his continuing payments from Fox last month.
The Snapchat maker has hired 21st Century Fox executive Julie Henderson for the post being vacated by Mary Ritti.
LOS ANGELES—The sale of major assets of 21st Century Fox Inc. will create two juggernauts of programming, Walt Disney Co. and Comcast Corp., that will tower over a rapidly consolidating media and entertainment landscape, according to a report by Ampere Analysis. Disney’s $71 billion deal to acquire Fox’s film and television divisions and Comcast’s agreement to buy the pay-TV operator Sky PLC will create companies that together control nearly 40% of all programming spending in the U.S., the analysis found. The findings underscore how traditional Hollywood studios are responding to the threat posed by Netflix Inc., which has pledged to spend $8 billion on programming and helped drive Disney to buy Fox in the first place.
There’s just more risk in Disney stock than you probably think. To its credit, Disney stock has indeed held up very well during the recent market selloff. Here’s why DIS stock could fall toward $100 in coming weeks if the market doesn’t reverse course.