Seeking Alpha

The Walt Disney Company (DIS)

  • Nov. 30, 2011, 4:24 PM
    Disney (DIS +5.4%) rises slightly AH after announcing an annual dividend of $0.60/share, up 50% from last year's $0.40/share. The dividend translates into an annual yield of 1.6%. Tim McAleenan argued in September that Disney needs to rethink its dividend policy - both in terms of increasing its yield, and shifting to a quarterly payout.
  • Nov. 29, 2011, 12:56 PM
    More on Disney's (DIS +0.5%) bond offering (previous): Fitch Ratings pitches in to help lower Disney's borrowing costs by assigning an 'A' rating to the company's proposed 3-year and 30-year senior unsecured notes. The agency cites Disney's ability to "consistently leverage and monetize its brands and characters"in offering up its solid rating.
    | Comment!
  • Nov. 29, 2011, 12:49 PM
    Disney (DIS +0.4%) plans to sell bonds again this year after selling issues for $1.85B in August and another $500M in May. According to an inside source, the company will sell 3-year and 30-year maturities for at least $500M a pop.
    | Comment!
  • Nov. 22, 2011, 11:23 AM
    Disney (DIS -1.8%) is announcing a shakeup at its valuable ESPN unit: George Bodenheimer is being kicked upstairs to the role of Executive Chairman, and content VP John Skipper is replacing Bodenheimer as the unit's President. ESPN has been a major growth engine for Disney, and played a key role in the strong performance of its Media Networks division in FQ4.
    | 1 Comment
  • Nov. 15, 2011, 4:52 PM
    Apple (AAPL) names board member Arthur Levinson as non-executive chairman, replacing Steve Jobs. Additionally, Disney (DIS) CEO Bob Iger joins the board, where he will serve on the audit committee. (PR)
    | Comment!
  • Nov. 15, 2011, 10:54 AM
    S&P releases a report (.pdf) on the impact of the NBA lockout, saying media companies such as DIS and TWX are braced to absorb the impact of short to mid-term cancellation of games with advertising revenue heavily-weighted toward the end of the season. "We believe the impact of the work stoppage may be worse if the owners and players cannot agree to a new collective bargaining agreement and the entire season is lost, especially for the project-financed arenas."
    | Comment!
  • Nov. 14, 2011, 10:05 AM
    Disney (DIS) is acquiring Babble Media, a "leading online parenting platform featuring more than 200 mom bloggers," and plans to integrate Babble's blogs with its existing family-focused content. A BI source claims Disney paid $40M-$45M for Babble.
    | Comment!
  • Nov. 11, 2011, 3:54 PM
    Hold the pixie dust for a minute. Although Walt Disney (DIS +6.1%) continues to pace S&P gainers after the company beat expectations for its FQ4, Goldman Sachs analyst Drew Borst thinks theme park revenue growth may begin to tail off: “In the current quarter, room reservations are flat Y/Y, and room rates are up low single digits, now that prices have normalized." (earlier: I, II)
    | 1 Comment
  • Nov. 11, 2011, 3:32 PM
    Disney's (DIS +6.3%) FQ3 beat, headlined by the strong performance of its Media Networks business, is giving a lift to other TV network owners. CBS +4.9%. TWX +3%. DISCA +2.9%. AMCX +6.9%. SNI +3.8%. VIA.B +3.4%. LSTZA +7.4%. (DIS transcript)
    | Comment!
  • Nov. 11, 2011, 11:19 AM
    Walt Disney (DIS +7.6%) is among the day's early leaders after posting a 30% jump in its quarterly profit and record fiscal year profit and revenue. Nomura maintains its Buy rating and lifts its price target to $43 from $38: "After two unspectacular quarters, Disney rewarded shareholders who kept the faith, finishing [fiscal 2011] off on a high note."
    | Comment!
  • Nov. 11, 2011, 10:36 AM
    Hotel stocks show strength with outperforming gains across the board. A slightly improved outlook on consumer spending and Disney's (DIS +7.1%) strong parks performance are helping tip sentiment. Advancers: HOT +3.9%, MAR +3.8%, GET +4.4%, H +2.7%.
    | Comment!
  • Nov. 11, 2011, 8:45 AM
    Shares of Disney (DIS) gain strength in premarket trading, up 4.1%, as analysts start to weigh in on both sides of the fence on the company's FQ4 earnings beat. Though Janney's Tony Wible likes the company's prospects in parks, TV networks, cruise ships and other areas - he clips his PT on shares to $40 as he warns a sluggish economy could drag down results.
    | Comment!
  • Nov. 10, 2011, 4:24 PM
    Unit breakdowns from Disney's (DIS) FQ4 report: Media Networks $4.8B in revenue, up 9%; Parks and Resorts, $3.13B, up 11%; Studio Entertainment, $1.46B, down 8%; Consumer Products, $816M, up 12%; Interactive Media, $223M, up 19%. CEO Robert Iger: "A great year financially and strategically, demonstrating the strength of our brands and businesses with record revenue, net income and earnings per share." DIS +1.9% AH.
    | Comment!
  • Nov. 10, 2011, 4:17 PM
    Disney (DIS): FQ4 EPS of $0.58 beats by $0.04. Revenue of $10.43B (+7% Y/Y) beats by $70M. Shares +1.3% AH. (PR)
  • Nov. 10, 2011, 12:10 AM
    Notable earnings after Thursday's close: DAR, DIS, JWN, MCP, NVDA
    | Comment!
  • Nov. 7, 2011, 7:20 AM
    The NY Times reports a small deal between YouTube (GOOG) and Disney (DIS) to bring family-friendly videos to the web may have big implications for helping each company address shortcomings. The $10M-$15M deal aims to help build up Disney's struggling online brand with children, while YouTube gains some credibility with parents worried about allowing their kids to visit a sometimes-provocative site.
    | Comment!
Visit Seeking Alpha's
DIS vs. ETF Alternatives
Company Description
Walt Disney Co, together with its subsidiaries, is a diversified entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive.