|Bid||55.92 x 1000|
|Ask||0.00 x 1000|
|Day's Range||106.50 - 107.47|
|52 Week Range||96.20 - 113.19|
|PE Ratio (TTM)||14.35|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||1.68 (1.54%)|
|1y Target Est||119.08|
Disney touch - shares lower on concerns mega-merger debt loads...
LOS ANGELES—After raising some ticket prices for its theme parks by more than 20% over the past five years, Walt Disney Co. will set a new benchmark this week when it offers die-hard fans the chance to attend a six-hour preview of a new attraction at Disneyland—for $299. The steep price stems in part from a perennial tension Disney faces at its theme parks, where public demand is so strong that its two domestic locations, in particular, can fill to capacity during certain times of year. In response, Disney is considering new approaches to pricing amid upgrades at Disneyland in Southern California and Walt Disney World in Orlando, Fla., that are expected to attract even more people.
Stocks declined on Monday as investors reacted to last week's escalation in the ongoing trade war between Washington and Beijing that targeted $50 billion in Chinese-made goods with fresh tariffs from the White House. that will allow Alphabet to deepen its reach inside the world's second-largest economy and help JD expand into Southeast Asia and Europe by promoting more of its products on Google's shopping platform. TheStreet's Eric Jhonsa has his top takeaways from the deal and why he thinks JD shares sold off today in the wake of the investment.
LOS ANGELES (AP) — Disney and Pixar's record-breaking opening of "Incredibles 2" is even bigger than initially expected. According to final totals Monday from the studios, the animated sequel grossed a massive $182.7 million in its first three days in theaters — a record opening for animated movies by almost $50 million.
After Comcast's all-cash $65 billion bid for 21st Century Fox, Disney is expected to add cash to its offer. Pivotal Research cut Disney stock to sell on bidding war fears.
Moody's Investors Service has affirmed the City of Burbank, CA's Aa1 long-term issuer rating and assigned a negative outlook to the issuer rating. The Aa1 issuer rating reflects the city's large and growing tax base, above-average socioeconomic profile, and strong finances to-date. The negative outlook reflects the city's forecasted structural challenges in the upcoming years driven by significant pension cost increases and infrastructure funding needs.
A recent revelation in business is that subscription models are a gold standard for making money. A subscription service locks consumers in to pay some amount every month and/or every year. Thus, subscription revenues are annually recurring, meaning they don’t have much volatility because they happen every year.
Unfortunately, I had one recently in the form of World Wrestling Entertainment, Inc. (NYSE:WWE). Interspersed with my bearish assessment were jokes I made at the expense of the pro wrestling industry. Unfortunately, the joke was on me as WWE stock skyrocketed 61% since I last wrote about it.
As traditional cable and media industry players look to strategic mergers and acquisitions (M&A) to survive in an age of cord-cutting and new subscription-based direct-to-consumer entertainment packages, major players are shelling out big time for blockbuster deals. Media mergers between AT&T Inc. ( T) and Time Warner and Comcast Corp. ( CMCSA) and Twenty-First Century Fox Inc. ( FOXA) would produce two of the most indebted companies in the world, as reported by The Wall Street Journal. AT&T and Comcast's deals go through, the companies will carry a combined $350 billion of bonds and loans, according to data from Moody's Investors Services and Dealogic, as reported by the WSJ.
Shares of Disney (DIS) are trading lower on Monday: This morning, sources close to the media giant told CNBC that it will add cash to its bid for 21st Century Fox (FOXA) assets, on the heel's of Comcast's (CMCSA) sweetened takeover offer last week. If the company pays a higher price for 21st Century Fox, Disney's value to shareholders will take a hit. On the other hand, if Disney can't close the deal, the company "would be unable to realize the synergies it expects to produce from the transaction.
The run in Netflix, Inc. (NASDAQ:NFLX) has been absolutely breathtaking. Netflix stock now has more than doubled in 2018 alone. Goldman Sachs Group Inc (NYSE:GS) raised its target on Netflix stock to a Wall Street-high $490 on Wednesday.