Mail

TWX -

NYSE American . Currency in USD

Stock chart is not supported by your current browser

Previous Close	N/A
Open	N/A
Bid	N/A x N/A
Ask	N/A x N/A
Day's Range	N/A - N/A
52 Week Range	98.39 - 99.65
Volume	N/A
Avg. Volume	N/A

Market Cap	N/A
Beta (3Y Monthly)	N/A
PE Ratio (TTM)	N/A
EPS (TTM)	N/A
Earnings Date	N/A
Forward Dividend & Yield	N/A (N/A)
Ex-Dividend Date	N/A
1y Target Est	N/A

Trade prices are not sourced from all markets

All

News

Press Releases

Yahoo Finance Video29 days ago
The end of 'Game of Thrones' series has come
Goodbye to the 'Games of Thrones' cast and crew. Millions of viewers across the world tuned in for the series finale of the the HBO mega-hit. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel to get their views on the series finale.
Yahoo Finance Video2 months ago
Guess how many viewers tuned into the 'Game of Thrones' season 8 premiere?
'Game of Thrones' fans are thrilled that the series is back in action with a brand new season, but the most remarkable thing about the series is how its viewership grows with each season. Last night's season 8 premiere ranked in with one billion views. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel.
Yahoo Finance Video5 months ago
Ben Affleck to hang up his cape as Batman
Actor Ben Affleck plans to pass the torch to a younger actor for "The Batman" set to be released in 2021. Chief investment officer Krishna Memanin joins Yahoo Finance's Adam Shapiro, Julie Hyman, and Dan Roberts to discuss.
Yahoo Finance Video6 months ago
Holiday Box Office battle
It's a big blockbuster season for movie goers this of year and among the top must see films is "Aquaman," which is released today in theaters nationwide. Yahoo Finance's Adam Shapiro, Julie Hyman and Andy Serwer discuss with Fandango's managing editor, Erik Davis.
Quartz24 minutes ago
WarnerMedia thinks it can take on Netflix by doing less, but better
The new WarnerMedia entertainment boss threw some shade at Netflix's inordinate volume of content, which he argued sometimes comes at the expense of quality.
InvestorPlace6 days ago
Remember the Epic $100 December Rally in Netflix Stock? It’s Coming Back
I remember times when Netflix (NASDAQ:NFLX) hogged the headlines for weeks on end. These days, Wall Street is more preoccupied with cannabis stocks, or initial public offerings (IPOs) like Uber (NYSE:UBER) and, more recently, Beyond Meat (NASDAQ:BYND). While it's no longer in the limelight, NFLX stock is silently making moves in the background.Source: Shutterstock It has been consolidating for a long while. But the opportunity today is with the levels where this action is taking place.Netflix stock is trading inside a range to establish a base camp that could catapult shares of NFLX $100 higher. Yes, it could still make a move to the high $400 per share. This opportunity is technical, so I would label it as tactical with medium conviction. It is independent of the company's current value and its odds of long-term success.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSince March 2018, Netflix stock has used $335 per share area as a major pivot. A year ago, the bulls broke NFLX out of that pivot. But then the fall correction reversed that move and sent NFLX shates the other way into its December lows. * 7 U.S. Stocks to Buy With Limited Trade War Exposure Then NFLX bounced off the lows very sharply and has spent all of 2019 consolidating around the same $335 per share zone. This is not a hard line in the sand but rather a band where bulls and bears are fighting it out fiercely. The end result of this stalemate will be a big move but where the direction is still unknown.If the equities in general rally, I bet Netflix will break out from these clutches. The exciting part comes from the fact that this would be a bullish inverse head-and-shoulder pattern that would result in a $100 move. This would be the opposite pattern to the one that crashed the stock last October from almost the same zone.This year, the bulls are in control of the stock market. Yes, we've had our bearish stints but the bulls bought the dips. While sentiment is not perfect, especially since we have an ongoing trade dispute between the U.S. and China, the U.S. Fed is now on the side of equities.This recent swoon is a perfect example. When the S&P 500 fell on Trump's Mexicican tariff tweet, traders followed up that reaction with the best week of the year. The bears are unable to sustain the selling and that's why the stock market is are near all-time highs.This helps Netflix stock in deciding which way the move will go from this tight situation. If the near- to long-term price action trends higher, then NFLX stock is likely to break out. Once Netflix shares pass the last fail level, momentum buyers would come into play. Click to Enlarge This is still a momentum stock so when it catches a wind it accelerates in that direction. So then buying begets more buying. Those who chase it like to buy high and sell higher.There are short-term lines to know …Above $385 per share would be the best trigger for this move. But there will be resistances at $367 and $372. I know this sounds impossible, but as we've seen the rally in December, NFLX stock can move 40% in a matter of days.Conversely, below $332 per share would invite sellers so traders should set tight stops unless they plan on turning this trade into an investment. I prefer selling puts below current support to trade moves like this where the breakout is not guaranteed especially when we have so many geopolitical headline risk completely independent of NFLX itself.So what about its fundamentals? This is not a cheap stock. It sells at a 129 price to earnings ratio. But as long as it continues to be a growth stock investors need not judge its profitability. The bullish thesis on NFLX is that it has a massive addressable global market and that it's only begun to scratch the surface.The company has its critics and they are loud and proud. They offer excellent reasons to short it. NFLX spends too much on producing content. They also could have a problem with churn. Although they still have the first mover advantage, competition is nipping at their heels. Normally I wouldn't worry about that yet but this bunch scary potential foes.Disney (NYSE:DIS) is the closest to go head to head and it comes with major advantages. I worry that Netflix management doesn't give DIS enough respect. Every parent on the planet will want to subscribe to Disney's stream because every child on earth will demand it. Luckily for NFLX is that they are both cheap enough that parents may not need to choose between the two yet.Moreover, NFLX ace in the pocket is its content but it comes at a tremendous expense. So they borrow to feed the beast and luckily that rates are not going anywhere for a long while so that's not an imminent danger. But DIS already has content that people want and they do produce new versions much cheaper so they will be able to compete on margin if it comes to it.While I do sound like I am making an anti Netflix argument here, I am not. I do believe that NFLX needs a few miracles to go their way in the long term, here I see a potential rally that could deliver a ton of profits. So I set my alerts to chase it.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room free here. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post Remember the Epic $100 December Rally in Netflix Stock? It's Coming Back appeared first on InvestorPlace.
Moody's11 days ago
AT&T Inc. -- Moody's assigns Baa2 ratings to AT&T's WarnerMedia exchange offer new notes
Rating Action: Moody's assigns Baa2 ratings to AT&T's WarnerMedia exchange offer new notes. Global Credit Research- 07 Jun 2019. New York, June 07, 2019-- Moody's Investors Service assigned Baa2 ratings ...
Associated Presslast month
Correction: Hollywood-Heartbeat Law story
In a story May 16 about the entertainment industry's reaction to Georgia's "heartbeat" law The Associated Press reported erroneously the first name of the leader of a grassroots group that has advocated against the policy. LOS ANGELES (AP) — Georgia and Hollywood are worlds away from one another, physically and culturally, but irresistible tax incentives have turned the state into a filming powerhouse dubbed "Hollywood of the South." Productions as big as Marvel Studios' superhero blockbusters and shows like "Stranger Things" and "The Walking Dead" call the state home base, and some have not shied away from throwing their weight around when values clash with proposed laws.
InvestorPlacelast month
Disney Stock Reported a Strong Quarter, But Don’t Buy Now
So far this year, the stock market has been on a tear, but there are a few stock who have earned special rocket-ship rides. Disney (NYSE:DIS) stock came into its earnings report up 23% year to date, which is 50% more than the S&P 500. They have had a banner year, making major acquisitions and announcements to better situate them smack dab in the middle of the streaming wars.Source: Baron Valium via FlickrNetflix (NASDAQ:NFLX) proved that the concept is viable. Thanks to its efforts, we now know that the world wants to cut the cord and stream its content online. This is a trend that will not reverse, so Disney is adapting rather than risk getting left behind and Wall Street realizes this, hence the recent mega celebration in its stock price action.I equate this industry shift to the one that happened for in the tech world. Those companies like Microsoft (NASDAQ:MSFT) and Adobe (NASDAQ:ADBE) that adopted to the subscription model early enough reaped the rewards on Wall Street. Disney is doing now what MSFT did under the Satya Nadella's reign, which is to adapt and thrive.InvestorPlace - Stock Market News, Stock Advice & Trading Tips DIS Stock and the Long-Term PlanFor DIS to accomplish this is not easy or cheap. The operational costs alone are massive, and once you add to that their acquisitions of critical assets, the bills is humongous. But they did receive gems like their stake in Hulu which is instant online presence completely additive to their future offerings.Costs are worrisome, especially since we know that Netflix spends 18 billion per year on content. However, therein lies the Disney advantage -- they already own massive libraries. The demand for their content spans the globe. There are few people on the planet who don't know the house of mouse. As for future content, Disney can produce its streams much cheaper than NFLX, so it can compete on thinner margins to gain share. * 10 Great Stocks to Buy on Dips Disney stock has healthy fundamentals. It sells at an 18 price to earnings ratio so it's not bloated. But I caution buying it up here even after a strong earnings report.Management beat expectations on all metrics. This includes sales, earnings, parks and products. It is important to note that the studios delivered higher operating income than forecast and perhaps this is a good omen to the streaming strategy. Bob Iger announced that the latest Avengers movie will stream on Disney+ starting Dec. 11. So I am not yet sure if this is a headline for the movie or the launch date of the streaming platform yet.There were some disappointments in the media networks with lower cable & broadcasting income and an increase in costs and a decrease in ad revenues. Nevertheless this was a strong report with no causes for concerns. What Should You Do About Disney Stock?Now for the important question: Is DIS stock a conviction buy here?No.Yes, I am confident that the company is making all the right moves. However, I am concerned that the investors have already more than priced in the upside, especially after the $15 spike in April. From here I bet that there are too many weak hands below. At the first sign of trouble, these folks will hit the sell button first then ask questions later.For the very long term, a few dollars won't make a big difference, so those investors should just buy it now. But for the rest of us who prefer to find smart zones to enter trades, there are levels to know for the mid term.If DIS loses $132 per share then it would trigger a bearish program to target $127.50. Then if that level breaks, it could fill the massive gap to $118 per share. It is important to note that this is not a forecast but it is a reasonable scenario especially that the whole market is in jeopardy this week from the China headlines and deadlines. Disney will not likely rally all by itself if the S&P 500 is correcting.To the upside, if the bulls can break through $138 per share, they can then work on setting new all-time highs. I don't like to chase a stock after such a big run with conviction. If I don't already own the shares, I'd consider myself having missed it for now and I would wait for a better entry point.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dangerous Dividend Stocks to Stay Far Away From * 7 Tips for New Investors Young and Old * 10 Great Stocks to Buy on Dips Compare Brokers The post Disney Stock Reported a Strong Quarter, But Don't Buy Now appeared first on InvestorPlace.
Moody's2 months ago
AT&T Inc. -- Moody's says AT&T's offer to exchange AT&T notes for WarnerMedia (formerly Time Warner Inc.) notes is credit positive
Moody's Investors Service (Moody's) said that AT&T Inc.'s (AT&T, Baa2 stable) announcement on May 2, 2019 that it is commencing an obligor note exchange of new AT&T notes in exchange for notes of its 100% owned subsidiary WarnerMedia Inc. (Baa2 stable) --formerly known as Time Warner Inc. (Time Warner) and its subsidiary Historic TW Inc. (Historic TW), is credit positive. The new AT&T notes will be pari passu with AT&T's existing notes .
Moody's2 months ago
AT&T Inc. -- Moody's says AT&T's sale of its stake in Hulu is credit positive
Moody's Investors Service (Moody's) said that AT&T Inc.'s (AT&T, Baa2 stable) announcement that it is selling its 9.5% ownership stake in Hulu for $1.43 billion is credit positive for AT&T, although it will not impact its Baa2 credit ratings. While the Hulu platform is consistent with where traditional television services need to be heading, AT&T's 10% stake is not meaningful enough as compared to its wholly-owned hybrid linear-subscription video on demand (SVOD) services (i.e.
Associated Press2 months ago
HBO looks beyond 'Game of Thrones,' maybe back to a prequel
LOS ANGELES (AP) — When the last drop — or gallon — of blood is shed and an exultant victor has ascended to the Iron Throne, viewers may be split over how HBO's fantasy saga ended but they'll be joined in deprivation.
InvestorPlace3 months ago
Streaming Video Wars Will Spark a Rally in Disney Stock
It is strange to think of Disney (NYSE:DIS) as the David against Goliath but, in this case, it is. Does that make it a worthy opponent stock to own over Netflix (NASDAQ:NFLX) for the next five years? In a word: yes.Source: Shutterstock Before you label me a NFLX hater, this is an assessment of risk and not a diss to Reed Hastings & Co. Since DIS reported in early February, Disney stock has come alive. The positive reaction to earnings was a fake out and shares of Disney fell before rallying twice for more than 15 percentage points, only to end up at about the same level as before the earnings. So, clearly, there is indecision on Wall Street with how to trade Disney stock.What to do here with it depends on your timeframe. DIS has been a proven performing stock for decades so in the long run, betting on it rising is the smarter option. So those interested in owning it for the future this is as good a time as any to buy it.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSince 2012, DIS stock rallied 160% in leaps and bounds until it stagnated around $105 per share for the last four years. Unless the stock market is about to crash and go into a sustainable descending pattern, I consider this as a consolidation period for DIS before it set on another leap higher. * The Elite 8 Stocks to Buy for Massive Outperformance The theme park and movie successes are never in doubt. These are almost always packed houses. In fact, they keep raising the admission prices to their theme parks to manage capacity. That isn't a bad problem to have.More importantly, when investors got nervous over the traditional media side, management took corrective actions on that front. As a result, ESPN+ is no longer a concern. So the base is set for Disney to pursue new venues. Netflix changed the world, making it so that all media consumption is done via streaming. As a result, traditional media is migrating online.To that, Disney recently took the fight to Netflix. It announced that it will launch Disney+, its own streaming service, pulling content from Netflix. Disney also made the bold acquisition of Fox's major assets. This includes gaining a larger stake in Hulu, which immediately makes Disney a formidable threat to the current king of streaming.Wall Street still doesn't give DIS the respect it deserves there because it still trails NFLX stock by a long shot (DIS stock is barely positive while NFLX is up 33% YTD). In five years, DIS is up 38% to NFLX's 640%. Clearly, the house of mouse has some catching up to do to win over more investors.Fundamentally, the odds are on Disney's side, but for now, NFLX has the momentum as long as it continues to grow aggressively abroad. How fast will Disney get out of the box is still a big question mark. History is on Disney's side, at least. Bottom Line on DIS StockIn the meantime, DIS stock is cheap. It sells at a price-earnings ratio of 15x and only 3x book value. This is literally ten times cheaper than NFLX on both counts. That makes the upside potential much larger than the downside risk in DIS as a play on streaming business.Conversely, NFLX has to execute flawlessly else its liable to fall whereas DIS has nothing but upside potential from streaming. Netflix clearly has the first-mover advantage, but that doesn't count a lot when the competition has deep pockets and cheaper content.The "cost of goods," so to speak, is so much cheaper for DIS. However, Netflix is notorious for spending billions every year. Disney already has existing content every kid on the planet wants. It can also create new content much more cheaply than Netflix. This will give Disney an operating advantage, so it can compete with thinner margins than the behemoth Netflix.Technically DIS stock is trading inside a five-year-long pivot zone. These usually are sticky because neither bulls or bears want to lose them, so they fight it out. In this case -- while the bulls are still in charge of the stock market -- this favors the upside for now. * 7 Materials ETFs to Buy Today Unless another shoe drops unexpectedly, DIS stock is likely to rally. So owning it here carries no undue risk to itself or the markets in general. Those who already own Disney stock and those who are familiar with options trading, should consider selling covered calls to create "synthetic dividends." The implied volatility remains elevated while equity markets are still nervous about the geopolitical uncertainties from the tariff war and Brexit.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately Compare Brokers The post Streaming Video Wars Will Spark a Rally in Disney Stock appeared first on InvestorPlace.
Associated Press3 months ago
Business Highlights
British Prime Minister Theresa May says Parliament will vote Thursday on whether to seek a delay to Britain's March 29 departure from the European Union. President Donald Trump has issued an emergency order grounding all Boeing 737 Max 8 aircraft in the wake of a crash of an Ethiopian airliner that killed 157 people, a reversal for the U.S. after federal aviation regulators had maintained it had no data to show the jets are unsafe. The decision came hours after Canada joined some 40 other countries in barring the Max 8 from its airspace.
Moody's4 months ago
AT&T Inc. -- Moody's assigns Baa2 ratings to AT&T's new notes
Moody's Investors Service, (Moody's) assigned Baa2 ratings to AT&T Inc.'s (AT&T) proposed senior unsecured benchmark size debt offering. Moody's expects AT&T to use the proceeds for general corporate purposes, including the refinancing of existing debt.
InvestorPlace4 months ago
Disney Stock Always Has Value
There is hardly anyone on the planet who doesn't know the house of mouse. Disney (NYSE:DIS) is a household name everywhere. Notoriety has never been a problem for the stock, but its future is always in contention as critics are often quick to voice their concerns. Source: Baron Valium via Flickr Disney reports its earnings tonight and if we take cues from Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) earnings reaction, DIS investors should be nervous. But I am here to tell you that what ever happens overnight won't matter for long. The short term knee-jerk reaction to the earnings is always a binary event, so it's more betting than investing. Real investors in Disney stock will take their cues from what the management actually delivers and not from what so-called experts decide is good in one report. InvestorPlace - Stock Market News, Stock Advice & Trading Tips I have been a long-term fan of the stock even when it was stalled. I sold downside risk into dips to generate income. I mention this here to state that there is always value in the DIS stock regardless of the headline fears. Corrections in the stock when they come are buying opportunities. ### The Impact of DIS Stock Earnings The earnings report raises the implied volatility as traders brace for impact. Again, in the long run this won't matter one bit. I do recognize that for the next few quarters, the reports will be confusing as DIS stock will start reporting on its direct-to-consumer segments. Investors will need time to digest the new metrics. * 7 Stocks That Won Super Bowl Sunday Furthermore, management will update us on things Disney+ like launch dates and nail down the pricing. I bet that ESPN+ continues to perform well. And I never worry about the performance of Disney's theme parks or its movies, so I don't anticipate a bombshell. Technically, DIS stock trades erratically and in waves, and this is unusual for such a stable and mature company. But it does so inside predictable ranges, so its stock chart from that perspective is boring seesaw in the short term. So I don't over-react to small moves. Sometimes boring is beautiful, and in this case here, it's not a superstar stock like its new nemesis Netflix (NASDAQ:NFLX) for example. Yet, DIS still is up 45% in five years. While this pales against NFLX's 400%-plus gain, it is still respectable and in line with the S&P 500. It is safe to say that if markets crash, I would be more comfortable owning shares of DIS than NFLX. This is not to diss the streaming giant but a testament to the quality of Disney stock. I feel like it belongs in every balanced portfolio, especially now when we have so many headline threats looming into March. Given the recent big strategic moves that Disney management has made, I bet that there is confusion among Wall Street experts. The stock needs time for it to absorb new assets it acquired. Messy financial reports make for jittery stocks. And given how well it held up so far, I am encouraged that the worst of the volatility is almost over. They recently severed their ties to NFLX and will soon become a direct competitor to it in media streaming. While this, too, was a cause of worry to some traders, it's an opportunity unfolding. There are some uncertainties around the deployment process, but this is a small exercise in operational launch of a platform -- no different than installing a faucet. DIS stock is a proven team and I am confident that they can execute the plan with ease. They will install that faucet and start streaming in the income. The bigger challenge then is for analysts on how to grade the company going forward. Consequently, earnings reports could be confusing for a few quarters as they tackle project costs but so far are relatively tame. The rewards from the efforts will flow for years to come. Netflix proved to us that we prefer to consume media via streaming and that the trend is not going to reverse. Disney's expenses on their platform is money well spent. To state things simply, don't be nervous going into the earnings event. Disney is a proven winner that will continue to flourish for years to come. I expect that tomorrow's stock open will come down to guidance. If Disney sounds confident about its prospects then traders will embrace it. Other wise they may sell it off for a few days until they work it out of their system. Last night GOOGL reported its earnings and the dip is minor compared to what the options markets had priced in. So maybe the low VIX is bringing in milder reactions to disappointments. Click here for a bonus video that I recently shared discussing GOOGL stock coming into the earnings. Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post Disney Stock Always Has Value appeared first on InvestorPlace.
CNBC6 months ago
How 'Aquaman' could be a chance to turn the tide for DC's troubled superhero movie franchises
"Aquaman" is generating positive buzz and tracking for a healthy box office debut, sparking hopes that Warner Bros' troubled DC comics franchise has turned a corner.
InvestorPlace6 months ago
Does AT&T Stock Have More Room to Run?
Market Realist8 months ago
Talking the Netflix quarter with CGTN
My view on the pullback after the Euphoria is that even thought he net sub add for 4q was impressive, it does represent a high bar for the company to jump over. And the stock is still trading at 85 times next’s years EPS for 57% growth. And cash flow per share is still negative all the way into 2020. I guess another question is do you want to put your eggs in the Netflix basket when DIS, TWX, T, and Hulu ramp up their own streaming services. Ultimately isn’t Netflix just a content studio competing with a lot of other streaming content services? Does it look like some weird version of CBS at some point. CBS trades at 1.3x revenues – Netflix is 8x revenues. That won’t happen for a while – but is that the mentality of some investors? This is rare for me, but I don’t have a real opinion on this one – feels like no man’s land for the stock as it waits for direction from the market. Guess while I wait, I will watch The Crown or Stranger Things.
InvestorPlace8 months ago
3 Blue-Chip Dividend Stocks to Consider
When it comes to the stock market, there are a bunch of positives. Corporate sales and earnings growth is as robust as it has been in recent memory. Thus, while investors should remain long the growth names that have powered this bull market higher, they also shouldn’t forget to pad their portfolios with some risk-protection through blue-chip dividend stocks.
Reuters9 months ago
Business groups ask U.S. court to not undo AT&T merger with Time Warner
The U.S. Chamber of Commerce and other powerful business groups asked an appeals court on Thursday to not undo AT&T Inc's (T.N) purchase of movie and TV show maker Time Warner, despite the protests of the Justice Department. The business groups argued that companies had long assumed that if they bought a supplier or distributor -- generally called a vertical merger -- that the deal would be considered good for the consumer and would be allowed. "The vague legal standard that the government ... advocate(s) would cloud the business community’s ability to ascertain whether vertical mergers are lawful, making it more difficult to invest in transactions with enormous potential to lower prices and enhance innovation—all of which benefit a diverse array of customers," the business groups said in a brief court filing.
Associated Press9 months ago
CBS taps media industry veteran Parsons as interim chairman
NEW YORK (AP) — CBS says it has named media industry veteran Richard Parsons as interim chairman of the board as the company moves to reshape itself following the ouster of longtime chief Les Moonves.
InvestorPlace9 months ago
There Is Life After Fox. Disney Stock Is Free to Run Higher Now.
Disney (NYSE:DIS) has been in competition with Comcast (NASDAQ:CMCSA) over buying assets from Twenty-First Century Fox (NASDAQ:FOXA) for a while. This morning, we learned the final result and Comcast prevailed in the bidding process. Disney stock is rallying on the news … and therein lies an opportunity.