DIS - The Walt Disney Company
| Previous Close | 133.30 |
| Open | 133.03 |
| Bid | 131.91 x 2200 |
| Ask | 132.20 x 1000 |
| Day's Range | 131.61 - 133.23 |
| 52 Week Range | 100.35 - 147.15 |
| Volume | 25,171,530 |
| Avg. Volume | 8,797,879 |
| Market Cap | 238.269B |
| Beta (3Y Monthly) | 0.73 |
| PE Ratio (TTM) | 17.03 |
| EPS (TTM) | 7.77 |
| Earnings Date | Nov 6, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | 1.76 (1.32%) |
| Ex-Dividend Date | 2019-07-05 |
| 1y Target Est | 151.77 |
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Why Netflix CEO Reed Hastings once fired his co-founder via a PowerPoint
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DISNEY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Walt Disney Company - DIS
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into The Walt Disney Company (DIS). In August 2019, news media sources reported that a former Walt Disney Co. senior financial analyst had filed a series of whistleblower tips with the Securities and Exchange Commission against the Company alleging that its employees had utilized a variety of schemes to systematically overstate revenue by billions of dollars, including 2008-09 revenue possibly being overstated by up to $6 billion. The former employee also charged that Company executives were unresponsive to her attempts to report the issues and that she was ultimately fired soon after she contacted the SEC regarding the matter in August 2017.
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ETFs in Focus as Netflix Bags Global Rights for Seinfeld
Netflix boosts its content portfolio with the new show. We highlight the ETFs that can gain from this move.
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Walt Disney (DIS) Dips More Than Broader Markets: What You Should Know
Walt Disney (DIS) closed at $132.17 in the latest trading session, marking a -0.85% move from the prior day.
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6 Cheap Stocks With Low Price-Sales Ratios
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A Trio of Strong Performers
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Stock Market News For Sep 20, 2019
Benchmarks mostly closed in the green on Thursday on upbeat U.S. housing market as well as gains in Microsoft.
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Will a Rush of Streaming Services Wipe Out Cable Providers?
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- American City Business Journals
Disney shares ride video inside new Skyliner gondola system
The Disney Skyliner, slated to debut in less than two weeks, will provide a new perspective to Walt Disney World. The Skyliner is a gondola-based transportation system that will connect Disney's Hollywood Studios and Epcot theme parks in Orlando to Disney's Art of Animation Resort, Disney's Pop Century Resort, Disney's Caribbean Beach Resort, and the future Disney's Riviera Resort, which will open this December.
- Investor's Business Daily
Disney Stock: Is It A Buy Right Now? Here's What Earnings, Charts Show
Disney stock is setting up a new buy point as the media giant plows ahead. Here is what the fundamentals and technical analysis say about buying Disney now.
- American City Business Journals
Disney roundup: Bob Iger, Disney's link to Apple was stronger than we knew
"I believe that if Steve were still alive, we would have combined our companies, or at least discussed the possibility very seriously," the Disney chief writes in his memoir.
- InvestorPlace
Dow Jones Today: Boring Post-Fed Action
Following yesterday's interest rate cut by the Federal Reserve, which may have left market participants with more questions than answers, stocks meandered for most of Thursday with the major U.S. indexes not doing much of anything in either direction.Source: Venturelli Luca / Shutterstock.com Still, the S&P 500 is within 1% of its record highs, so there could be more upside to be had over the near-term, particularly as we get into October and get more, hopefully positive, news on the trade talks with China. * 8 Dividend Stocks to Buy for a Recession When the closing bell sounded today, the Nasdaq Composite was higher by 0.07% while the S&P 500 was unchanged. The Dow Jones Industrial Average slipped by just 0.19%. In late trading, half of the Dow's member firms were trading higher.InvestorPlace - Stock Market News, Stock Advice & Trading Tips A DJIA Stock Rewarding InvestorsMany investors love dividends and plenty love share buybacks. Put those two themes together and there's usually a positive reaction, hence why Microsoft (NASDAQ:MSFT) was the Dow's leading performer today, gaining 1.84%.Microsoft, which has been become a dividend growth story in recent years, boosted its payout by 11% while noting it will repurchase another $40 billion worth of its stock. The company's new dividend yield is just 1.33% and Microsoft holds plenty of cash on hand so it can raise dividends and buyback shares as it sees fit, and do so over the long-term. Boeing's BackBoeing (NYSE:BA) makes an almost daily appearance on the Dow Jones Today roundup. The shares were lower by about half a percent as traders discussed the fate of the stocks come October, a month that looks like it's going to be a vital one for Boeing investors."CEO Dennis Muilenburg is headed to Washington. He received an invitation to testify before the House Committee on Transportation and Infrastructure on Oct. 30," reports Barron's. "This is the same committee that grilled FAA officials about its approval process for new planes as well as its decision to ground Boeing's 737 MAX jet back in May."No promises, but there's a chance Muilenburg's October congressional testimony will provide some clues about Boeing's ability to get the 737 MAX back in the skies by the end of this year. Bad EntertainmentFor much of this year, Walt Disney (NYSE:DIS) has provided investors with some good theater, but that wasn't the case Thursday as shares of Disney slid 2.57%, making the stock the worst performer in the Dow. There's still a lot to like with Disney stock, but there are some challenges from the film business, which has been a key driver of the stock's performance this year.Imperial Capital analyst David Miller said in research out today that there are some issues surrounding Disney's ability to work through the backlog of films it acquired via its purchase of 21st Century Fox. That is weighing on box office performance for some of those movies. The analyst slightly lowered his Disney price target to $139 from $140. Dow Bank NewsIt closed slightly lower today, but Dow component JPMorgan Chase (NYSE:JPM) continues to look like one of the stronger banking names and could be on the cusp of a breakout."They are the gold standard of the banking industry. They have a strong leadership team, and they're benefiting from the tax overhaul. But nobody's even recognizing that," said Michael Bapis, managing director of Vios Advisors at Rockefeller Capital, in an interview with CNBC. Bottom Line: Sorting Things OutFor investors that like interest rate cuts, more may be coming even though yesterday's Fed minutes indicated the Fed is divided on that issue."A big question for us was whether Jerome Powell still considered rate cuts to be 'midcycle' adjustments," said Morningstar in a new note. "Though Powell avoided directly answering the question, we got the sense the cut was more of the midcycle variety, rather than the 'beginning of a lengthy cutting cycle.' We still view at least one or two more cuts over the next year as the most likely outcome."Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far The post Dow Jones Today: Boring Post-Fed Action appeared first on InvestorPlace.
- MarketWatch
Walt Disney, Home Depot share losses lead Dow's nearly 75-point drop
DOW UPDATE Dragged down by declines for shares of Walt Disney and Home Depot, the Dow Jones Industrial Average is falling Thursday afternoon. Shares of Walt Disney (DIS) and Home Depot (HD) are contributing to the blue-chip gauge's intraday decline, as the Dow (DJIA) was most recently trading 72 points, or 0.
- MarketWatch
Walt Disney, Apple Inc. share losses lead the way, but Dow flat
DOW UPDATE The Dow Jones Industrial Average is nearly flat Thursday afternoon with shares of Walt Disney and Apple Inc. facing the biggest declines for the price-weighted average. The Dow (DJIA) was most recently trading 2 points (0.
- Bloomberg
Timing Is Everything for AT&T to Drop DirecTV
(Bloomberg Opinion) -- AT&T Inc. CEO Randall Stephenson seems to be coming around to the right idea that the wireless carrier would be better off without its shrinking DirecTV business. Oddly enough, his decision could hinge on a legal trial in December that has little to do with his company but everything to do with how far antitrust regulators can be pushed in the Trump administration.It was the $67 billion takeover of DirecTV four years ago that first turned AT&T into a diversified communications conglomerate. Stephenson overpaid and underestimated how quickly the satellite-TV service would lose subscribers to cheaper online alternatives. With AT&T now squarely focused on expanding its 5G wireless network and integrating HBO and the other WarnerMedia assets it acquired last year, the company is finally considering parting ways with DirecTV, the Wall Street Journal reported Wednesday, citing unidentified sources. The pivot comes as activist investor Elliott Management Corp. puts pressure on Stephenson and AT&T’s board to streamline its operations. I explained in January how a sale of DirecTV might help AT&T pay down its mountain of debt more quickly and remove a cloud over its stock price. AT&T also has far too many pay-TV products, and it’s already started to play down the DirecTV brand by changing the name of DirecTV Now, a skinny live-TV streaming platform, to AT&T TV Now:One option is spinning off the unit into a separate publicly traded entity, though it’s hard to see the appeal for investors of a stand-alone DirecTV. It wouldn’t have the same advantages AT&T gets through its scale and simultaneous control of popular programming. For example, HBO went dark on Dish Network Corp.’s satellite-TV services last year because of a carriage dispute between the companies, leaving many HBO fans the choice to either switch to DirecTV or subscribe to the HBO Now app for $15 a month — both properties of AT&T. DirecTV has also lost customers rapidly while turning to desperate price increases to shore up profit margins.AT&T’s other option for unloading DirecTV is to combine the business with Dish, which is beset by the same industry challenges. Charlie Ergen, the billionaire who controls Dish, said in an interview in July that he sees “industrial logic” for putting the two together. They could substantially cut costs, and the added cash flow would aid Ergen in his efforts to build a nationwide wireless network.Regulatory friction is seen as the biggest obstacle to a DirecTV-Dish merger, with Reuters reporting Wednesday that the companies aren’t discussing a deal for that reason. But the way I see it, Stephenson and Ergen may just be awaiting the outcome of T-Mobile US Inc.’s attempt to buy Sprint Corp., as I wrote in June. Should that deal proceed, it would set a precedent for allowing the merger of two direct competitors in a highly concentrated market. So far, T-Mobile and Sprint — the No. 3 and No. 4 U.S. wireless carriers, respectively, behind AT&T and Verizon Communications — have received clearance from both the U.S. Department of Justice’s antitrust division and the Federal Communications Commission. However, 18 state attorneys general — and counting — have joined a lawsuit to block the transaction on the grounds that it will lead to higher prices for consumers, discourage industry innovation and hurt workers. The trial is set to begin Dec. 9.(1) A triumph by the companies may embolden Stephenson and Ergen. They could even argue that the pay-TV market isn’t as concentrated, with numerous new streaming-TV apps posing competition to the traditional distributors. Walt Disney Co. has constructed a $13-a-month bundle for Disney+, Hulu and ESPN+ that almost rivals denser cable-TV packages in content, and certainly does in price. The wild card, of course, is President Donald Trump. It’s been reported that he tried meddling in AT&T’s takeover of Time Warner, a unit now called WarnerMedia, because of personal grievances with the news network CNN, one of the assets AT&T inherited in the deal. As for DirecTV and Dish, “the biggest ‘regulatory’ obstacle may be the president and his undying desire to punish CNN,” analysts for New Street Research wrote in a report Thursday. Stephenson said in December 2016, when AT&T was integrating the DirecTV purchase, “We did DirecTV not because we love satellite technology, but because it gave us access to some premium content.” It’s a refrain both he and his deputy and heir apparent, John Stankey, have repeatedly recited. But the subsequent $102 billion acquisition of WarnerMedia gave AT&T all the premium content it needs. DirecTV is just a distraction now. (1) Ergen also plays a key role in the T-Mobile-Sprint merger trial. The carriers were required by the Justice Department to divest certain assets to Dish so that it can enter the wireless market and foster competition.To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Daniel Niemi at dniemi1@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
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Comcast, Facebook Join the Streaming War, Roku Shares Fall
Video-streaming space gets increasingly crowded as Comcast and Facebook join the bandwagon. However, intensifying price war and fight for exclusive rights are threats.
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The Zacks Analyst Blog Highlights: AT&T, Apple, Disney, Netflix and Amazon
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Iger Leaves Apple Board: Will That Help Disney+ Beat Apple TV+?
Disney CEO Bob Iger has left Apple's board of directors as the Disney+ and Apple TV+ video services prepare to go head to head.
- Barrons.com
Disney Stock Could Be Held Back by Weakness in Its Film Division, Says Analyst
Imperial Capital’s David Miller cut his fourth-quarter earnings-per-share estimate—for the second time—to account for what he estimates will be $900 million in losses.
