|Bid||44.48 x 1100|
|Ask||46.23 x 800|
|Day's Range||45.24 - 45.78|
|52 Week Range||24.81 - 50.15|
|PE Ratio (TTM)||18.88|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||0.36 (0.79%)|
|1y Target Est||49.65|
Yahoo Finance's Jared Blikre joins Sean Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Alan Valdes of Silverbear Capital joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
The largest Insider Buys this week were for Salesforce.com Inc., Twenty-First Century Fox Inc., Occidental Petroleum Corp and Keurig Dr. Pepper Inc.
Jeff Auxier ( Trades , Portfolio ), p resident and CEO of Auxier Asset Management, sold shares of the following stocks during the second quarter. Warning! GuruFocus has detected 2 Warning Sign with XPAR:GLE. The guru reduced his holding of Keurig Dr Pepper Inc. (KDP) by 61.48%.
Both 21st Century Fox (FOXA) and Comcast (CMCSA) are bidding for the remaining 61% stake in European broadcaster Sky’s assets. Sky operates in five countries—Austria, Germany, Ireland, Italy, and the UK—and has nearly 23 million pay-TV subscribers across Europe. Walt Disney’s (DIS) pending purchase of Fox’s assets is expected to give Disney a 39% stake in European pay-TV provider Sky plc. Fox initiated with a bid of $15.5 billion for a 61.0% stake in London-based Internet service provider Sky in December 2016.
Walt Disney (DIS) is looking to acquire 21st Century Fox’s (FOXA) film and TV studios, cable networks such as FX Networks and Fox Sports Regional Networks, Fox Networks Group, stakes in National Geographic Partners, Indian satellite TV group Star India, Hulu, the UK-based satellite TV group Sky plc, and other vital assets.
The long-standing battle between media giants Walt Disney (DIS) and Comcast (CMCSA) for most of the media and entertainment assets of 21st Century Fox (FOXA) came to an end in July as Comcast decided to withdraw from the bidding war for Fox assets. Comcast is focusing on buying a 61% stake in London-based Sky Plc, in which Fox already has a 39% stake.
Indian video streaming service Hotstar sees its blended revenue model that relies on both subscription fees and ad sales as a winning formula in India's fast-growing market, home to tens of millions of price-sensitive new internet users. Advertising currently drives the bulk of Hotstar's revenue, its Chief Executive Ajit Mohan told Reuters in an interview on Thursday, but he added that while the platform is keen to boost its ad sales, it will look to gradually boost its revenue share from those willing to pay a fee for its Hotstar Premium service. "There is no animal like Hotstar in many markets.
White House counsel Don McGahn called the head of Federal Communications Commission in July to ask about the status of Sinclair Broadcast Group Inc’s (SBGI.O) now abandoned $3.9 billion acquisition of Tribune Media Co (TRCO.N). FCC chairman Ajit Pai disclosed the call in testimony on Thursday before a U.S. Senate panel. Pai said the call from McGahn came around the same time he issued a July 16 statement that said he had "serious concerns" about the proposed takeover and proposed referring the matter to an administrative law judge.
FOX News Channel (FNC) has named Porter Berry Vice President and Editor-in-Chief of FOX News Digital, announced Jay Wallace, President of FOX News and Executive Editor. In this role, Berry will oversee all FOX News digital content, including FOXNews.com, FOXBusiness.com and the FOX News apps. In making the announcement, Wallace said, “Porter’s keen understanding of the news business along with his extensive experience across production and audience engagement make him the ideal candidate to lead FOX News Digital.
Disney beat the competition, enabling it to bring home the bulk of the assets. Did Disney make a shrewd move or was its offer too undisciplined? The company’s share buybacks are suspended for the time being, removing one source of support for DIS stock.
Amid rising popularity of online video streaming services and falling traditional subscriber base, Walt Disney (DIS) is marketing its direct-to-consumer offerings to attract more viewers. The first direct-to-consumer (or DTC) streaming service was launched in April for ESPN, which streams live sports. Another direct-to-consumer offering is expected to stream Disney-based content.
Amid the growing popularity of online video streaming services, Walt Disney (DIS) is set to launch its Disney-based streaming service in 2019. Disney seeks to have more control over its movies and TV shows from creation to distribution, which could give Disney more data to engage its vast audience.
Britain's Takeover Panel said on Thursday it had confirmed its ruling that Walt Disney might have to offer at least 14 pounds a share to buy UK pay-television group Sky. Disney would only be forced to make such an offer if it completes a deal to buy Twenty-First Century Fox's TV and film assets, which include a 39 percent stake in Sky, before either Fox or rival suitor Comcast succeed in taking control of the British broadcaster. The price is designed to reflect the level of the offer Disney is making for Fox, and its holding in Sky.
To lure television shows to its platform, Netflix is offering production companies lucrative contracts to buy their shows, then keeping more of the upside if a show takes off. This is making it hard for traditional TV networks to keep pace, while boosting Netflix's revenues long term.
Walt Disney (DIS) paid its semi-annual dividend of $0.84 per share on July 26 to the shareholders of record on July 9. The company’s semi-annual dividend of $0.84 was higher than the previous year’s semi-annual dividend of $0.78 per share, bringing its total dividends for fiscal 2017 to $1.62 per share. The company last paid its semi-annual dividend of $0.84 in January.
The Walt Disney Company’s (DIS) film business has been doing very well on the back of its blockbuster releases. In the fiscal third quarter, the success of blockbuster movies Avengers: Infinity War and Incredibles 2 drove the company’s Studio Entertainment segment revenues by a whopping 20% YoY.
Elliott Management Corp., the activist fund run by billionaire Paul Singer, took new stakes in Devon Energy Co., VMWare Inc. and Twenty-First Century Fox Inc. during the second quarter.
The Walt Disney Company (DIS) disappointed investors when it released its fiscal third-quarter results on August 7. Walt Disney reported adjusted EPS of $1.87 in the fiscal third quarter, lagging Wall Street’s EPS expectations of $1.95. Disney also missed its revenue expectations in the fiscal third quarter.