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Imperial Capital Takes Neutral Stance On Disney, Tackles Pros, Cons Of A Twenty-First Century Fox Deal
Thursday, June 28, 2018 - 9:34am | 506Investors may want to consider becoming constructive on Walt Disney Co (NYSE: DIS) but only in the event of a "measurable pullback" in the stock, according to Imperial Capital. The Analyst Imperial Capital's David Miller initiated coverage of Disney with an In-Line rating...
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Mickey Misunderstood: Disney Streaming Could Be Worth $30 Per Share
Tuesday, September 19, 2017 - 3:42pm | 396Walt Disney Co (NYSE: DIS)'s move to control its own streaming platform isn't appreciated by many investors given the stock's recent weakness. But why investors are concerned is "beyond us," says Wells Fargo's Marci Ryvicker. Disney's story is "still so misunderstood" as there are many positive...
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Hurricane Irma Is Already Impacting Expectations For Disney
Friday, September 8, 2017 - 9:21am | 414Even 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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The Netflix Effect Is Only Half The Story For Disney
Wednesday, August 16, 2017 - 1:40pm | 406Walt Disney Co (NYSE: DIS) shares have been drifting lower by more than 7.7 percent since the beginning of the month, and some investors have attributed much of the weakness to the company’s recent announcement that it is pulling its content from the Netflix, Inc. (NASDAQ: NFLX) platform and...
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Disney To Launch ESPN Streaming Service, Leave Netflix By 2019
Tuesday, August 8, 2017 - 5:02pm | 545Walt Disney Co (NYSE: DIS) delivered some big news after reporting a third-quarter earnings beat on Tuesday. Disney announced it was buying a majority $1.58 billion stake in BAMTech, the MLB Advanced Media service it initially took a $1 billion stake in last year. The move will acquire a 42 percent...
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Bob Iger Hinted At Disney's Next M&A Move And It Could Be A Big One
Friday, November 11, 2016 - 2:55pm | 512Walt Disney Co (NYSE: DIS) reported mostly disappointing Q3 numbers on Thursday, but the stock is up about 2 percent Friday. Perhaps the reason for the market’s optimism has to do with CEO Bob Iger’s comments on selling content directly to customers. When Iger was asked on the...
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Should Disney Acquire Twitter?
Monday, September 26, 2016 - 4:03pm | 614Talks of a Twitter Inc (NYSE: TWTR) acquisition have been circling in the last week, with rumored acquirers including salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL). On Monday, Walt Disney Co (NYSE: DIS) is said to have hired a financial advisor to look into a...
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Disney And Apple Have Quite A Bit In Common
Wednesday, August 10, 2016 - 2:23pm | 302At first glance, there is little in common between Apple Inc. (NASDAQ: AAPL) and Walt Disney Co (NYSE: DIS). According to Elevation Partners' co-founder Roger McNamee, much can be compared between the two industry titans. Speaking as a guest on CNBC, McNamee said Disney's new minority...
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Disney's Theme Park And Film Success Offset Misses In Other Segments
Wednesday, August 10, 2016 - 8:50am | 388Walt Disney Co (NYSE: DIS) reported Q3 adjusted EPS of $1.62 vs. $1.61 estimates and revenues of $14.277 billion vs. $14.15 billion estimates. Goldman Sachs’ Drew Borst commented on Disney’s three major announcements and recent theme park successes despite the rise of zika and other...
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CEO Bob Iger: Disney Is In Extremely Healthy Shape
Wednesday, August 10, 2016 - 8:05am | 371Walt Disney Co (NYSE: DIS) CEO Bob Iger was a guest on CNBC's "Closing Bell" Tuesday to discuss the company's Q3 results. Iger began the interview by pointing out that Disney's earnings report represents the 12th consecutive quarter of double-digit growth. He added that...