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It's Official: Disney To Buy Fox In $52 Billion Deal
Thursday, December 14, 2017 - 9:16am | 422Read More...As expected, Walt Disney Co (NYSE: DIS) confirmed Thursday it's entered into an agreement to acquire media and entertainment assets from Twenty-First Century Fox Inc (NASDAQ: FOXA). What You Need To Know As part of the agreement, Disney will pay Fox's shareholders $52.4 billion or 0.2745...
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Everything We Know About Disney's Bid For 21st Century Fox Assets
Wednesday, December 13, 2017 - 1:44pm | 366Read More...Walt Disney Co (NYSE: DIS) is reportedly on track to announce a $60 billion all-stock deal this week to acquire most of Twenty-First Century Fox Inc (NASDAQ: FOXA)’s assets. The media parties, whose talks were first reported Nov. 6 and drew the since-abated interest of Comcast Corporation (...
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Disney Drops After Missing Q4 Estimates, Studio Entertainment Down 21%
Thursday, November 9, 2017 - 5:19pm | 215Read More...Walt Disney Co (NYSE: DIS) shares are falling following a big fourth-quarter miss on both the top and bottom line. The media giant delivered fourth-quarter adjusted EPS of $1.07, missing estimates by 8 cents. Sales came in at $12.77 billion, missing estimates by $561 million. "No other...
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Disney's CEO Hypes New Streaming Service: It's Gonna Be Big, It's Gonna Be Hot
Friday, September 8, 2017 - 11:48am | 414Read More...Walt Disney Co (NYSE: DIS) CEO Bob Iger keeps confirming what was obvious a month ago: The roster of the original Marvel shows currently running on Netflix, Inc. (NASDAQ: NFLX) will be joining the Mouse House’s new streaming service when the contracts between the companies are up in 2019....
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Hurricane Irma Is Already Impacting Expectations For Disney
Friday, September 8, 2017 - 9:21am | 414Read More...Even before it hits Florida, Hurricane Irma is already having an impact on Walt Disney Co (NYSE: DIS)’s earnings forecast. CEO Bob Iger said Thursday that earnings for 2017 will come “roughly in line” with the previous year’s, which ended with core earnings of $5.71 per...
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Disney Rattles Media Sector On Pullback Of Marvel, 'Star Wars' Offering
Thursday, September 7, 2017 - 1:46pm | 534Read More...Walt Disney Co (NYSE: DIS)’s sounding more and more like its target audience, embracing the definitive motto of youth: “Mine.” The company decided last month that it was done sharing its expansive media portfolio with Netflix, Inc. (NASDAQ: NFLX) and would instead launch its...
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No 2 Disneylands Alike: Newest Park In Shanghai Beat Expectations
Friday, June 23, 2017 - 10:58am | 794Read More...Walt Disney Co (NYSE: DIS)'s theme park in Shanghai celebrated its first year by coming close to breaking even, a first for the entertainment giant in 30 years. But is the newest the best of the bunch? It’s certainly the biggest, reflective of its humongous market. At 963 acres, you could...
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Why Sheryl Sandberg Won't Leave Facebook For Uber
Thursday, June 22, 2017 - 11:27am | 490Read More...Sheryl Sandberg left her job as vice president of global sales and operations at Google (parent company, Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL)) to join Facebook Inc (NASDAQ: FB) and serve as its chief operating officer in 2008. But perhaps more important, her job at Facebook provided the...
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New Disney Film May Be In The Hands Of WannaCry Hackers
Tuesday, May 16, 2017 - 8:41am | 338Read More...The group of hackers behind the WannaCry ransomware could have scored a huge payday. According to a Hollywood Reporter report, Walt Disney Co (NYSE: DIS)'s CEO Bob Iger confirmed that hackers are claiming they stole an un-named, soon-to-be-released Disney studio film. Pirated Pirates? Or Chasing...
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Iger Breaks Down Disney's ESPN Issues
Wednesday, May 10, 2017 - 9:12am | 447Read More...Walt Disney Co (NYSE: DIS)'s earnings report Tuesday made one thing clear: the company's ESPN and cable networks is a double-edged sword. As noted by a CNBC report, Disney's cable network revenue for the quarter actually rose 3 percent to $4.1 billion. At the same time, the segment'...
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Jim Cramer: An Apple-Disney Merger Is As Real As 'The Lion King'
Monday, April 17, 2017 - 11:27am | 380Read More...One of Wall Street's bold predictions consists of Apple Inc. (NASDAQ: AAPL) acquiring Walt Disney Co (NYSE: DIS). Analysts at RBC Capital Markets explored this scenario last week and concluded that while the odds of such a merger are very low, it is nevertheless not zero. CNBC's Jim Cramer...
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2017 Will Be A 'Reset Year' For Disney
Tuesday, April 4, 2017 - 3:15pm | 369Read More...Alan Gould of Rosenblatt Securities initiated coverage of Walt Disney Co (NYSE: DIS) with a Neutral rating and $120 price target, calling 2017 a "reset year" for the company. According to Gould, Disney's earnings managed to grow at a 15 percent compounded annual growth rate since Bob Iger took over...
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Disney: A Compilation Of Controversies And Catalysts
Sunday, March 26, 2017 - 10:14am | 696Read More...While most analysts, including those at RBC Capital Markets, maintain a bullish stance on Walt Disney Co (NYSE: DIS), their optimism isn’t proportionately distributed among investors. RBC analyzed divergent perspectives on Disney’s future in a Friday note highlighting four shareholder...
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Disney Sticking With CEO Bob Iger Until At Least July 2019
Thursday, March 23, 2017 - 12:45pm | 464Read More...Walt Disney Co (NYSE: DIS) CEO Bob Iger was expected to step down as the company's leader when his contract expires in 2018. Instead, the executive will stay on board through July 2, 2019. "Given Bob Iger's outstanding leadership, his record of success in a changing media landscape,...
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Barron's Picks And Pans: Apple's Growth, 'Beauty And The Beast,' Water Stocks And More
Sunday, March 19, 2017 - 10:47am | 635Read More...This weekend's Barron's offers five ways to play the rising global demand for fresh water. Other featured articles tale a look at the prospects for meal-ordering service facing headwinds and a newly independent restaurant-equipment supplier. The outlooks for an entertainment...
















