107.06 0.00 (0.00%)
After hours: 5:27PM EDT
|Bid||106.81 x 900|
|Ask||107.17 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...
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.
The Walt Disney Co.'s (NYSE: DIS) latest patent aims to find a way allow projection technology to work outdoors during the day or in other lighted areas. The patent, dubbed "Display System for Transforming Sunlit Surfaces," creates a system where two panels — such as screen or film — can be used to display two images that transform via a user or during a sequence of events like a show. Specifically, Disney describes the technology as "a display system for transforming sunlit and other brightly lit surfaces while being observed by viewers or an audience.
Walt Disney Co (NYSE: DIS ) may have just clinched a sweep of the 2018 movie medal stand. "The Avengers: Infinity Wars" ($257.7 million) and "Black Panther" ($202 million) posted the ...
Investors in the Walt Disney Company's ( DIS) initial public offering (IPO) who held onto their investments would be very happy with their returns. If you had invested $1,000 in Disney's IPO, not including dividend reinvestment, your investment today would be worth over $3 million as of June 2018. Disney began in the early 1920s when Walt Disney, the company's founder, signed a contract to produce a series of Alice Comedies.
Lingering trade-war fears carried over to the stock market near midday Monday, but the selling was mostly focused in blue-chip stocks as Intel and Walt Disney weighed on the Dow.