Walt Disney Co
5 things to know before the stock market opens Wednesday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 9, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. A stunning rebound We’re two trading days into October, and we’ve already had two stunning […]
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3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines
Three Club holdings — Ford (F), Disney (DIS) and Starbucks (SBUX) — were in the news Tuesday. Here’s our take on the headlines. The news: Ford announced a year-over-year sales decline of 8.9% in September. But with numbers from the final month of the third quarter in, the company’s sales on a quarterly basis rose […]
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Streaming bundles are forming, but really don’t be expecting a cable Tv-like offer any time soon
The Disney+ website on a laptop laptop or computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Photos A contradiction is establishing in the world of streaming media, and it revolves around bundling. There is certainly a consistent drumbeat of expectation that streaming companies […]
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Paramount’s peak earnings growth is likely in the past, Wells Fargo says in downgrade
Wells Fargo is shifting its perspective on Paramount , believing the entertainment company may have surpassed its peak earnings growth. “The transition to streaming appears to be the right one, but earnings might need another structural reset lower, even after streaming loses abate,” wrote analyst Steven Cahall in a note to clients Tuesday. “We don’t […]
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JPMorgan trims Disney’s price target, cites higher direct-to-consumer losses
Disney ‘s upside could be capped as the entertainment company faces higher potential losses in some segments. Analyst Philip Cusick trimmed his price target on the stock to $145 from $160 a share in a note to clients Tuesday, citing adjustments to operating income for the company’s parks and entertainment segment and higher losses in […]
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Cramer’s lightning round: I’m very bullish on Disney
Walt Disney Co: “I’m very, very bullish. Bought some stock last week for the Investing Club.” Rio Tinto PLC: “I do think that the minerals may have bottomed here. I do think it’s also, by the way, a great company.” Macy’s Inc: “I prefer you buy it, not sell it. … I’d say, stick with […]
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Disney executive Kareem Daniel joins McDonald’s expanding board
Kareem Daniel Source: Business Wire Disney’s Kareem Daniel is the fourth new director to join McDonald’s board this year. The fast-food giant announced Monday that the more than 15-year Disney veteran is the 15th member of its board, effective Oct. 1. Daniel currently leads Disney’s media and entertainment distribution group, overseeing the growth of its […]
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Wall Street took a close look at Disney and Microsoft. Here’s our take
Wall Street put Walt Disney (DIS) and Microsoft (MSFT) under the microscope this week, two Club holdings we’re sticking with for the long run. Source
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Disney reaches deal with activist investor Third Point, will add former Meta executive to its board
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney has reached a deal with activist investor Dan Loeb’s Third Point, which includes adding former Meta executive Carolyn Everson to its board of directors, the companies said […]
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Silicon Valley billionaires square off about aid for Trump and the MAGA motion
Supporters of US President Donald Trump take part in the Million MAGA March to protest the final result of the 2020 presidential election, in front of the US Capitol on December 12, 2020 in Washington, DC. Olivier Douliery | AFP | Getty Images Two Silicon Valley billionaires are holding dueling political fundraisers this week that […]
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