|Bid||34.44 x 1100|
|Ask||34.88 x 2200|
|Day's Range||34.42 - 34.57|
|52 Week Range||26.83 - 34.65|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.93|
|Expense Ratio (net)||0.63%|
Amid a wall of worry surrounding first quarter-earnings pessimism and slowing global growth, there was a Cinderella story to be had as shares of Walt Disney Corp rose over 1 percent. Disney stock has been shackled to a range of $100 to $120 the last four years, but it appears the company is ready to break free with its latest moves toward being a multimedia powerhouse. An $81.2 billion move at 21st Century Fox just added networks like National Geographic and FX to help bolster Disney's current lineup of ABC, ESPN, Pixar, Marvel, and Star Wars.
Twitter's fourth-quarter earnings beat estimates. Weak revenue guidance and chances of cost increases in 2019 weighed on the stock and ETFs.
The beaten down price of Netflix could be a solid entry point for investors given its dominance in streaming service. We have highlighted five ETFs with a higher allocation to this firm.
The Nasdaq Composite rose 1.7 percent on Tuesday as shares of Netflix soared 6.5 percent after it announced it would raise its prices for streaming services. The rally in tech fueled the Direxion Daily ...
The Nasdaq Composite rose as much as 1 percent on Tuesday as shares of Netflix soared 6 percent after it announced it would raise its prices for streaming services. Overall, prices went 13 to 18 percent higher--the online streaming service company's biggest price jumps in over 10 years. Exchange-traded funds with exposure to Netflix were higher.
Consumer discretionary stocks, of those companies which offer goods and services which are desirable to consumers when they have sufficient means, were able to ride out some of the overall downward pressures on the stock market in late 2018. While many sectors plummeted in the final weeks of the year as a result of increasing trade tensions, geopolitical events and more, consumer discretionary companies were more likely than many of their rivals to see a boost from holiday shopping. For investors interested in broad exposure to the consumer discretionary space, exchange-traded funds (ETFs) remain a strong option.
The auction for 21st Century Fox assets took an interesting turn on Thursday as Comcast announced a $65 billion bid, trumping Disney’s original offer of $52.4 million back in December. Comcast’s juicier ...
The landmark decision on Tuesday to greenlight the $85 billion AT&T-Time Warner deal by U.S. District Court Judge Richard Leon lifted media ETFs in early Wednesday trading. The decision by Judge Leon will essentially open the floodgates for other mergers to commence. “This decision could serve as a ‘green light’ for other potential M&A, including Comcast’s ongoing pursuit of FOX,” said John Hodulik, an analyst at UBS.
In a landmark decision, U.S. District Court Judge Richard Leon approved an $85.4 billion merger of AT&T and Time Warner on Tuesday without any attached conditions. The decision could pave the way for other vertical mergers to continue from companies, such as CBS, Viacom, Verizon, Charter, and Discovery. Now that the merger is approved, Sprint and T-Mobile may move forward with negotiating a merger since AT&T is one of its main market competitors.
Whether or not AT&T and Time Warner can merge rests in the hands of U.S. District Court Judge Richard Leon on Tuesday, which could send waves across the markets, particularly in the media and telecommunications sector. “If the deal goes through, it’s going to be a real green light for a lot of vertical mergers in a lot of different sectors,” Emilie Feldman, an associate professor of management at Wharton of the University of Pennsylvania, told Yahoo Finance. Judge Leon’s decision to approve the merger could pave the way for other companies to perform similar acquisitions.