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Disney's Bob Iger Addresses The Coronavirus: We Are 'Incredibly Resilient'
Wednesday, March 11, 2020 - 1:26pm | 306Walt Disney Co (NYSE: DIS) Executive Chairman Bob Iger said the entertainment and media giant is "incredibly resilient" and its future remains bright. What Iger Said Iger was speaking at Disney's annual shareholder meeting and said the company has survived wars, economic downtowns and...
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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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5 Reasons To Buy Disney Now, According To Deutsche Bank
Wednesday, November 16, 2016 - 9:33am | 439Deutsche Bank upgraded Walt Disney Co (NYSE: DIS) to Buy, with the revision attributed to five key investment points. The firm said it's now more confident in the outlook, while earlier it was held back by concerns over weakening performance in the cable networks and consumer products....
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Fourth Time's The Charm? House Of Mouse Continues Its International Effort With Disney Shanghai
Thursday, June 30, 2016 - 7:44am | 295Walt Disney Co (NYSE: DIS) opened its latest park in Shanghai, China on June 16. Barclays’ Kannan Venkateshwar maintained an Underweight rating on the company, with a price target of $89. The analyst pointed out that Disney's previous international theme parks had struggled, despite the...
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Disney Is About To Enter China's $180 Billion Media Industry
Thursday, June 9, 2016 - 9:12am | 193Bloomberg's Tom Mackenzie interviewed Bob Iger on Walt Disney Co (NYSE: DIS)'s plan to expand company-made movies to China. Iger said at least one film will be made in China within the next year, and the company plans to accelerate forward, taking advantage of "the soon to be world's largest film...
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The Positive And Negative For China Lodging Group
Monday, June 6, 2016 - 10:57am | 261Goldman Sachs maintains its Neutral rating on China Lodging Group, Ltd (ADR) (NASDAQ: HTHT) saying the RevPAR boost from Shanghai Disney should "offset potentially slower openings." Shanghai Disney will officially open June 16. Disney sees 14+ million visitors a year; Goldman, therefore, expects...
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Disney's ESPN Subscriber Numbers Concern May Be Overhyped
Monday, January 25, 2016 - 2:26pm | 274Walt Disney Co (NYSE: DIS)'s ESPN subscriber "issue" is "exaggerated," according to analysts at JPMorgan. JPMorgan commented in a research note, "At ~17x our F2016E EPS compared to a forward multiple of ~22x in before the August earnings call we believe Disney shares are extremely attractive at...
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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....