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Delayed Disneyland Reopening Sends The Mouse's Stock Lower
Thursday, June 25, 2020 - 11:38am | 376Walt Disney Co (NYSE: DIS) shares were trading lower Thursday after the company announced it will delay the reopening of Disneyland in Anaheim, California. What Happened: The company had previously announced a proposed phased reopening of theme parks beginning July 17, pending...
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Disney Analyst Says The Mouse Faces Park, Production Problems: 'A Ferrari Without Gas'
Friday, June 19, 2020 - 11:09am | 412The unknown length and impact of the COVID-19 pandemic pose two problems for Walt Disney Co (NYSE: DIS), according to Wells Fargo. The Disney Analyst: Steven Cahall maintains an Equal Weight rating on Disney's stock with a price target lifted from $107 to $118. The Disney Thesis: Disney's...
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Disneyland Will Close Until The End Of March
Thursday, March 12, 2020 - 5:25pm | 240Walt Disney Co (NYSE: DIS) is temporarily closing Disneyland in California as the coronavirus continues to spread. The company said there have been no reported cases of COVID-19 at Disneyland, but after carefully reviewing the guidelines the Governor of California’s executive order decided it...
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Disney The Latest To Add Impossible Foods Plant-Based Burgers
Wednesday, February 26, 2020 - 11:10am | 415Walt Disney Co (NYSE: DIS) will host an event on Thursday to mark its new partnership with Impossible Foods. What Happened Impossible Foods will see its Impossible Burger featured across Disney's parks, resorts and cruise lines. Most notably, plant-based options will be featured inside Disney...
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Here's How Long It Took Walt Disney Co. To Reach A $100B Market Cap
Tuesday, February 25, 2020 - 9:15am | 752Walt Disney Co. (NYSE: DIS) really did start out almost as small as a mouse, but has followed a fairy tale story to entertainment colossus. It's been a pretty long ride though from small-cap animation studio to global fun company. Late '50s IPO Disney had been a staple of the American...
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Disney Streaming Service Tops 26M Subscribers, Company Beats Earnings Estimates
Tuesday, February 4, 2020 - 5:33pm | 600Walt Disney Co (NYSE: DIS) topped 26 million subscribers for its new Disney+ streaming service and reported fourth-quarter earnings and revenue beats. While the earnings and revenue numbers were good news, investors and analysts were closely watching the much-anticipated streaming subscriptions...
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Mighty Mouse: Disney's Streaming Strength, Theme Park Spending, Box Office Hopes Make Street Bullish
Wednesday, February 6, 2019 - 1:50pm | 732Wall Street analysts were bullish on The House Of Mouse following a strong earnings print from Walt Disney Co. (NYSE: DIS), expectations for a big year for Disney superheroes at the box office and a bright future in streaming. Disney turned out a strong first-quarter earnings beat Tuesday on sales...
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A Cannabis Wonderland? This Company Bought A Whole Town In California To Create A Marijuana Tourism Destination
Thursday, August 3, 2017 - 9:25am | 1012Recreational drug tourism is not a new fad. People have been traveling across the globe for decades in search of the best high. From India’s hashish to South America’s hallucinogenic cacti, to Amsterdam’s famed legal marijuana, high-quality, mind-altering (and often illegal)...
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No 2 Disneylands Alike: Newest Park In Shanghai Beat Expectations
Friday, June 23, 2017 - 10:58am | 794Walt 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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Tesla's Gigafactory Hype Recalls Other Historic Openings
Thursday, July 28, 2016 - 11:23am | 495Tesla Motors, Inc. (NASDAQ: TSLA) officially inaugurated its Gigafactory on Wednesday night, even though less than 15 percent of the much-discussed $5 billion project is completed. Headlines like, "Will Tesla's Gigafactory Be the Largest Building on Earth?" and "This Is the...
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'Disneyland' Needs Some Crowdfunding Help
Thursday, June 23, 2016 - 2:46pm | 303Disneyland needs some help. Just not the Disneyland you might be thinking of. "Hamtramck Disneyland" is a lot different from Walt Disney Co (NYSE: DIS)'s resort in California, but it has developed a cult following and become a unique sight-seeing spot in the small Detroit enclave...
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It's Early, But Wells Fargo Is Bullish On Shanghai Disney
Friday, June 10, 2016 - 4:03pm | 280In a recent report, Wells Fargo analysts Marci Ryvicker and Eric Katz reiterated a Market Perform rating on shares of Walt Disney Co (NYSE: DIS), arguing that while they are bullish on Shanghai Disneyland, it’s still too early to tell. Shanghai Disneyland will open next Thursday. Ahead of the...
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Where Does Disney Make Its Profit?
Tuesday, May 10, 2016 - 3:24pm | 313With a market cap of more than $173 billion, Walt Disney Co (NYSE: DIS) may be the largest and most-recognizable international entertainment company in the world. Most people likely think of Disney as a movie company before all else, but Disney actually has a number of extremely profitable business...
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Disney Parks May Have Even More Upside, Says JPMorgan
Wednesday, March 2, 2016 - 3:48pm | 333JPMorgan's Alexia Quadrani is more bullish on Walt Disney Co (NYSE: DIS)'s Parks, citing new domestic demand-based pricing initiative and Shanghai opening in June. The analyst said the recent shift to dynamic pricing given the strong attendance and demand can lead to further margin...
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Disney To Reveal 'Star Wars Land' In Harrison Ford-Led TV Spot
Thursday, January 28, 2016 - 11:57am | 339Anaheim, California and Orlando, Florida have some exciting developments underway. With the success of the "Star Wars" franchise, it's no surprise that Walt Disney Co (NYSE: DIS)'s Disneyland and Walt Disney World Resorts are ushering in large "Star Wars"-themed lands...