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The Walt Disney Company (DIS)

  • 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)
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  • 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."
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  • 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%.
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  • 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.
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  • 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.
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  • 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
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  • 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.
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  • Oct. 31, 2011, 8:38 AM
    Amazon (AMZN) boosts the number of titles available through its Prime Video streaming service to 13K, courtesy of a deal with Disney's (DIS) ABC division that grants Amazon access to a number of popular shows. The deal comes two weeks prior to the launch of the Kindle Fire, which features a 30-day free trial to Prime Video.
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  • Oct. 31, 2011, 4:23 AM
    A bit of cheer for beleagured Netflix (NFLX) as it extends its license agreement with Disney-ABC (DIS) to continue to stream TV shows over the Internet. The deal also gives Netflix new content, including Switched at Birth and Alias. (PR)
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  • Oct. 27, 2011, 10:58 AM
    Hannah Montana comes to Moscow: Disney (DIS +2.4%) says it landed a deal with UTH Russia to launch a family-oriented free-to-air channel in Russia with a reach of 40M households in urban markets.
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  • Oct. 13, 2011, 8:24 PM
    The sale is off, say the content-focused owners of video hub Hulu - including NWS, DIS and CMCSA - because of its "unique and compelling strategic value" to each of them. Most bids from the likes of AMZN, DISH and GOOG didn't exceed the $2B owners thought they could get in an IPO last year, and new efforts like the $7.99/month Hulu Plus have them thinking there's value ahead. (previously on Hulu)
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  • Oct. 13, 2011, 4:11 PM
    Miller Tabak's David Joyce weighs in (video) on Disney (DIS), saying a double-digit recession is a definite "fear factor" as he just barely keeps a Buy rating in place on shares. He points to the Parks division as showing the most weakness, after reports come in that more hotel rooms are being discounted and meals comped to lure visitors.
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  • Oct. 11, 2011, 5:33 PM
    Disney (DIS -1.2%) is trading at a discount to its sum-of-the-parts valuation, Caris analyst David Miller says in upgrading shares to Buy from Neutral; in fact, the market appears to be valuing only ESPN, the theme parks, the cruise line and cash, meaning investors get the rest of the businesses for free. Miller has a $45 price target on the stock.
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  • Oct. 11, 2011, 9:10 AM
    The NBA's decision to cancel the first two weeks of its season won't affect the lion's shares of advertising revenue the sport kicks up for Disney (DIS) and Time Warner (TWX) because the spending is heavily weighted towards the end of the season. On the other hand, if the entire season is a wash, more than $800M in advertising is at risk for cable operators. The last word from the Commish: "We just have a gulf that separates us."
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  • Oct. 7, 2011, 3:13 PM
    IHS estimates U.S. sales of DVD and Blu-Ray titles fell 14% in 1H '11, to $3.96B. Though hopeful 2H sales will be better, the slow adoption of Blu-Ray is proving a handicap for studios such as DIS, TWX, LGF, and MGM, and increasing the appeal of online distributors such as NFLX and AMZN as a way to monetize content.
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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.