48.07 -0.00 (-0.00%)
After hours: 5:24PM EST
|Bid||47.91 x 3200|
|Ask||48.42 x 900|
|Day's Range||47.89 - 48.42|
|52 Week Range||27.53 - 50.15|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||18.27|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.36 (0.75%)|
|1y Target Est||50.31|
Tiger Woods has reportedly turned down a 3 million dollar payday to play in a tournament in Saudi Arabia. This would have been the pro golfers largest cash-out for an overseas tournament. Yahoo Finance's Julie Hyman, Adam Shapiro, Adam Johnson, Bullseye Brief author & publisher; and Tom Lee, head of research and co-founder of Fundstrat Global Advisors discuss.
Meet China's newest reporter...a robot. The country just unveiled it's 'artificial intelligence news anchor', which will be able to deliver news 24 hours a day. Yahoo Finance's Julie Hyman, Adam Shapiro, Adam Johnson, Bullseye Brief author & publisher; and Tom Lee, head of research and co-founder of Fundstrat Global Advisors discuss.
Fox Business Network, a subsidiary of 21st Century Fox , is debuting a new weekly primetime show with The Wall Street Journal's editor at large, Gerry Baker, Fox announced Monday. The show, entitled "WSJ at Large with Gerry Baker," will feature discussions with leaders in business, finance, politics and tech, and will air on Fridays at 9:30 pm ET starting November 30. Baker has worked with Fox Business Network in the past, including as a moderator for FBN's inaugural presidential primary debate in 2015. He is currently the editor at large at The Wall Street Journal, where he writes the "Editor at Large" column for the Review section. From 2013 to 2018, Baker held the position of editor in chief at the paper before being succeeded by Matt Murray. Fox shares have climbed 40% in the year to date, while the S&P 500 has gained 2.6%.
FOX Business Network (FBN) will debut a new weekly primetime show hosted by The Wall Street Journal’s Editor-at-Large Gerry Baker on Friday, November 30th, announced Brian Jones, president of the network. The program, entitled WSJ AT LARGE WITH GERRY BAKER, will air Fridays at 9:30PM/ET following Maria Bartiromo’s Wall Street (9PM/ET) and feature interviews with major industry leaders impacting Wall Street, Washington and business in America.
YES, which stands for the Yankee Entertainment and Sports Network, is one of 22 regional sports networks (RSNs) that Disney must sell.
Not long ago, the big knock against Walt Disney (NYSE:DIS) stock was the deterioration of the ESPN business. Disney stock is up nearly 3% since Friday and DIS shares have risen about 13% for the past year. On a full-year basis, Disney reported record-breaking numbers, with revenues of $59.43 billion and profits of $12.6 billion.
Short interest is extremely low for NWS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NWS. Over the last one-month, outflows of investor capital in ETFs holding NWS totaled $511 million.
Walt Disney Co.'s (DIS) stock rose as the entertainment giant posted strong fourth-quarter results, with revenue and earnings reaching record levels as multiple developments in the company's product portfolio cheered investors. The company's revenue rose 12% year over year to $14.3 billion, beating Wall Street estimates of $13.73 billion. Warning! GuruFocus has detected 6 Warning Signs with CTL.
IBM (IBM) is acquiring open-source software leader Red Hat (RHT) for $34 billion, which represents a 63% premium to Red Hat’s closing price the day before the deal was made public.
Walt Disney Co (NYSE: DIS) stock is trading slightly higher Friday after the company reported better-than-expected third-quarter earnings and revenue. Disney said its studio segment revenue was up 50 percent compared to a year ago ahead of the late 2019 launch of its Disney+ streaming service. Analysts remain mixed on Disney in the long-term and see the company entering a critical year following its buyout of Twenty-First Century Fox Inc (NASDAQ: FOXA) (NASDAQ: FOX) and ahead of its streaming service experiment.
After the close Thursday, Disney reported fourth fiscal quarter earnings of $1.48 per share on a non-GAAP basis, beating expectations of $1.34 per share, according to FactSet. Shares of Disney rose after-hours on Thursday and were up 1.2% to $117.50 in pre-market trading on Friday. "We're optimistic about receiving necessary approvals," Iger said regarding the $71.3 billion purchase of most of Fox's film, television and online assets.