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Disney Shares Have Underperformed, Business Has Outperformed: Why Analysts Remain Bullish On House Of Mouse And Disney+ Growth
Thursday, August 11, 2022 - 5:43pm | 854The growth of Disney+ and the parks and resorts segment, as well as a new ad-supported plan, were among the topics that weighed on analysts after Walt Disney Co (NYSE: DIS) reported third-quarter financial results. Here’s what analysts were saying after the report....
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Disney Looks Ready To Hire For NFT Jobs: Here's What We Know
Thursday, February 3, 2022 - 1:52pm | 583Walt Disney Co (NYSE: DIS) is the latest company that could be launching into the fast-growing non-fungible token space. What Happened: A new job posting on the Disney Careers site for a Business Development Manager for the Parks, Experiences and Products business segment involves NFTs in the...
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Disney CEO Bob Chapek Not Appearing At Destination D23 Amid Petition For Removal: Here's The Details
Thursday, November 18, 2021 - 4:23pm | 785The leader of media giant Walt Disney Co (NYSE: DIS) will no longer speak at a top company event, a move that is coming as the CEO faces backlash. What Happened: On Feb. 25, 2020, Bob Chapek was named the CEO of Disney, replacing Bob Iger. Chapek has guided the company through a global...
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Disney's Space 220 Restaurant Features NASA-Inspired Glimpses With Stellarvator, Orbit View And More
Friday, September 24, 2021 - 6:07am | 652Space enthusiasts who are also Walt Disney (NYSE: DIS) fans have a good reason to cheer the recently opened Space 220 restaurant at Epcot Center, Florida, as it features NASA-inspired glimpses for guests dining in at the immersive restaurant, Space.com reported on Thursday. What Happened:...
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Shaq SPAC 2.0 Coming With 3 Former Disney Executives: What Investors Should Know
Friday, February 19, 2021 - 9:36am | 495A team of former Walt Disney Co (NYSE: DIS) executives are uniting again with NBA Hall of Famer Shaquille O’Neal on a new SPAC that was filed Thursday after market close. The SPAC: Forest Road Acquisition Corp II is seeking to raise $300 million by selling 30 million units. Each unit will...
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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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Disney CEO Says The World Is 'Ready To Get Back To Some Magic'
Wednesday, May 27, 2020 - 2:45pm | 380Walt Disney Co (NYSE: DIS) on Wednesday confirmed a phased reopening of its Florida-based properties. The company will first reopen the Walt Disney World's Magic Kingdom and the Animal Kingdom on July 11, followed by Epcot and Hollywood Studios on July 15. What To Know About The Reopening...
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Disney's Stock Downgraded Ahead Of Earnings, Analyst Sees Longer-Term Coronavirus Impact
Monday, May 4, 2020 - 2:20pm | 356Shares of Walt Disney Co (NYSE: DIS) fell Monday after MoffettNathanson double-downgraded the stock. The Disney Analyst Michael Nathanson downgraded Disney's stock from Buy to Neutral with a price target lowered from $120 to $112. The Disney Thesis Nathanson's downgrade comes just one day...
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Walt Disney World Union Workers Win Battle For $15 Minimum Wage
Monday, August 27, 2018 - 1:39pm | 449Each and every employee at Walt Disney World will see an increase in their pay as a nearly year-long battle between the union and management has come to an end. What Happened The union that represents Disney's (NYSE: DIS) park and resorts workers struck a deal with management late Friday night...
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4 Key Takeaways From Disney's Q2 Print
Wednesday, May 9, 2018 - 9:59am | 431Walt Disney Co (NYSE: DIS) reported fiscal second-quarter earnings Tuesday that reinforce the bullish case for owning the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Benjamin Swinburne maintained an Overweight rating on Disney's stock with an unchanged...
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Once Again, Parks Are The Happiest Places In Disney's Quarter
Friday, November 10, 2017 - 2:48pm | 380Walt Disney Co (NYSE: DIS) reported Thursday its fiscal fourth-quarter earnings in which all segments showed signs of weakness except for its Parks unit. The Analyst UBS analyst John Hodulik. The Rating Hodulik maintains a Buy rating on Disney's stock with an unchanged $122 price target....
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Analyst: If Content Is King, Disney Is 'King Of Content'
Thursday, November 9, 2017 - 11:16am | 530Walt Disney Co (NYSE: DIS) is scheduled to report third-quarter results after Thursday's market close. As has been the case for the past few years, many investors likely feel anxious heading into the print given ongoing concerns with the ESPN unit and the impact of cord-cutting. Investors are...
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Disney Shanghai And The True Growth Driver For The House Of Mouse
Saturday, June 17, 2017 - 2:04pm | 371Investors who think that Walt Disney Co (NYSE: DIS)'s main growth drivers are movies, toys, or ESPN are wrong, at least according to Barton Crockett of FBR Capital Markets. Surprising or not, Disney's theme parks are the main drivers of earnings, Crockett explained as a guest on CNBC's...
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Why Disney's Shanghai Success Supports Theme Park Thesis For The House Of Mouse
Friday, April 7, 2017 - 12:42pm | 364What role will Walt Disney Co (NYSE: DIS)'s theme parks, particularly Shanghai Disney, contribute to Disney's stock? According to UBS's Doug Mitchelson, Disney's Shanghai park will drive 29 percent of the EBIT growth for Disney's Parks division through 2021. As a whole, Disney's Parks segment will...
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Jim Cameron And Disney Team Up To Bring Us 'Avatar' Theme Park
Tuesday, August 16, 2016 - 9:19am | 357Famed Hollywood director James (Jim) Cameron first made his mark on cinematic history when he directed "Titanic." After decades of working on some of the more memorable films in history, he treated moviegoers to one of the first 3D successes, "Avatar." Cameron's "Avatar" will now be featured in a...