|Bid||112.32 x 900|
|Ask||112.35 x 900|
|Day's Range||111.47 - 112.64|
|52 Week Range||96.20 - 117.90|
|PE Ratio (TTM)||14.19|
|Earnings Date||Nov 7, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||1.68 (1.47%)|
|1y Target Est||119.16|
Shares of Hasbro (HAS) have outperformed the market this year, and MKM Partners thinks the stock can keep winning. Where we were: While Hasbro and fellow toymaker Mattel (MAT) took a hit following the Toys 'R' Us bankruptcy, Hasbro has come back strong in 2018. Where we're headed: MKM Partners argues that the shares have a strong 2019 ahead.
Walt Disney (DIS) paid its semi-annual dividend of $0.84 per share on July 26 to the shareholders of record on July 9. The company’s semi-annual dividend of $0.84 was higher than the previous year’s semi-annual dividend of $0.78 per share, bringing its total dividends for fiscal 2017 to $1.62 per share. The company last paid its semi-annual dividend of $0.84 in January.
At the time of announcing Houston as the third of its first four target markets for its 5G service rollout later this year, Verizon (VZ) also updated its strategy now that it has a new chief executive officer. AT&T (T) appears headed in the way of doing production and distribution by itself.
Walt Disney’s (DIS) theme parks and resorts are the driving force of the company’s top-line growth. In the fiscal third quarter, Disney’s Parks and Resorts segment reported revenues of $5.2 billion.
Walt Disney World’s Disney Springs entertainment, dining and shopping complex has many performers throughout the venue — but one group stands out among the rest. Isaac Folch and Jordan Keyes are the Disney Springs rappers known as Free Daps. For nearly the past four years, the duo have entertained guests with their unique blend of comedy and freestyle rap. While this isn’t how the two expected their rap careers to go, both agreed this is where they want to be. “We are professional rappers, but we have created a new meaning to what that even is,” Keyes said. Walt Disney once said, “All our dreams can come true, if we have the courage to pursue them.” Folch and Keyes had the courage to pursue their dreams even when it seemed unlikely. “There’s no way this should have worked,” Keyes jokingly said. After years of being broke, living at their families' homes and struggling to make it, the pair landed a residency gig at Disney Springs and were determined to make the most of the opportunity.
The Walt Disney Company’s (DIS) film business has been doing very well on the back of its blockbuster releases. In the fiscal third quarter, the success of blockbuster movies Avengers: Infinity War and Incredibles 2 drove the company’s Studio Entertainment segment revenues by a whopping 20% YoY.
Millennial Esports Corp. ("Millennial" or the "Company") (TSX VENTURE: GAME) (MLLLF) is pleased to announce that an innovative collaboration between ESPN and Millennial Esports will see Esports racing content featured on the leading sports channel supporting coverage during the second half of the Formula 1 season. World's Fastest Gamer powered by Millennial Esports will document how McLaren, a global luxury automotive, sports, and technology brand, found its 2018 simulator driver from tens of thousands of gamers across the globe. Over four half-hour shows specifically produced for ESPN, viewers will be told the story of why Millennial Esports and McLaren reached into the rapidly growing world of Esports and Gaming to find the best racing talent on the planet.
Burbank, California-based Walt Disney Co. has operations around the country. It also owns ABC Television, ESPN Inc., Pixar, Marvel Studios and Lucasfilm Ltd., and is also in the process of buying 21st Century Fox’s entertainment assets. Here are recent stories on Disney reported by The Business Journals and other media.
Media conglomerate Walt Disney (DIS) reported revenues of $6.2 billion for its Media Network segment in the fiscal third quarter. These revenues increased 5.0% YoY (year-over-year) from its revenues of $5.9 billion in the fiscal third quarter of 2017. These revenues were driven by a robust 11.0% YoY increase in the broadcasting unit, as well as 2.0% growth in the cable network division.
Walt Disney (DIS) posted revenues of $15.2 billion in the fiscal third quarter ended June 30. Disney beat its revenue estimates in the fiscal second quarter after missing revenue expectations in the past five straight quarters. However, the company missed Wall Street estimates of $15.34 billion in the fiscal third quarter. Its total revenues in the fiscal third quarter grew 7.0% on a YoY (year-over-year) basis from revenues of $14.24 billion.
Despite great results from its movie studios and parks, the media giant missed expectations in its most recent quarter.
The Walt Disney Company (DIS) disappointed investors when it released its fiscal third-quarter results on August 7. Walt Disney reported adjusted EPS of $1.87 in the fiscal third quarter, lagging Wall Street’s EPS expectations of $1.95. Disney also missed its revenue expectations in the fiscal third quarter.
"Plan Bs exists for people who are destined to do plan B. Don't disrespect your plan A by having a plan B."
On August 13, Disney (DIS) secured multiyear viewing rights for soccer leagues in countries including the Netherlands, China, and Australia. The contract includes 300 matches from Australia’s Hyundai A-League and Westfield W-League, the Chinese Super League, and the Dutch Eredivisie. The financial terms of the deal were not disclosed.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
It certainly doesn’t sound like Bob Iger is ready to put Sky on a platter and hand it to Comcast. In Disney’s most recent earnings call, the CEO, fresh off his victory in beating Philadelphia’s hometown media giant in a battle for prized Fox assets, reaffirmed the company’s excitement about Fox’s existing 39 percent stake in “the most successful pay television company in Europe.” “The addition of these valuable assets will greatly enhance our position as a global entertainment company with excellent production and distribution businesses in key and emerging markets around the world,” Iger said. Fox formalized its roughly $32.5 billion previous bid for Sky, re-adjusting its offer so it can leverage its existing stake in the company and make it easier to gain shareholder approval.
A generation ago, people mocked the idea of video gaming being anything but a frivolous hobby. In a similar manner, esports, or gaming tournaments fashioned after popular athletic events, have generated their own viable economy.
Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains quickly breaks down Disney's (DIS) recent quarterly financial results before he dives into everything investors need to know about ESPN, from its cord-cutting problems to its streaming future beyond ESPN+.
Don’t expect Netflix (NFLX) subscribers to flee for a new Walt Disney (DIS) direct-to-consumer service, according to new research from one of the company’s biggest bulls. “How many Netflix subscribers abandon the service because of the absence of Disney content?
St. Louis-based Drury Hotels is moving forward with plans for a big expansion to an existing property near Walt Disney World's Disney Springs entertainment, shopping and dining complex. The company, which last year bought the 325-room Best Western Lake Buena Vista in Walt Disney World for $20.5 million, has submitted plans with the state to build a new tower, meeting facilities and additional entertainment space. The hotel is called the Drury Plaza Hotel, according to documents.
The company had a good quarter and is getting ready for a major acquisition, along with a big launch that might take longer than expected.
NEW YORK, NY / ACCESSWIRE / August 13, 2018 / Both Disney and Planet Fitness reported earnings results last week. Disney may not have beaten analysts' expectations, but traders were still excited about ...
BEIJING/SHANGHAI (Reuters) - Chinese officials have been mostly measured and moderate in their response to U.S. President Donald Trump's ratcheting up of a trade war with Beijing in recent weeks through his announcement of a series of punitive tariffs. Reuters talked to a cross section of 50 people, mainly from the two cities, about how concerned they are about the trade war, what they think Beijing's response would be, and whether they think Chinese people should boycott American products in retaliation. There is division and confusion over how China should respond to Trump, with some arguing that Beijing should strike back at American interests but others saying they didn’t know what could be done.