Edition:
United States

Walt Disney Co (DIS)

DIS on New York Consolidated

101.38USD
17 Aug 2017
Change (% chg)

$-0.82 (-0.80%)
Prev Close
$102.20
Open
$102.24
Day's High
$102.58
Day's Low
$101.34
Volume
6,612,443
Avg. Vol
7,263,436
52-wk High
$116.10
52-wk Low
$90.32

Latest Key Developments (Source: Significant Developments)

Walt Disney CEO calls end of distribution agreement with Netflix "major strategic shift"
Tuesday, 8 Aug 2017 05:30pm EDT 

Aug 8 (Reuters) - Walt Disney Co ::Walt Disney Co says new direct ESPN service will be available to consumers in early 2018 - conf call.Walt Disney CEO Bob Iger calls end of distribution agreement with Netflix "a major strategic shift in how we distribute content" - conf call.Walt Disney CEO Bob Iger - "these announcements mark the beginning of what will be an entirely new growth strategy for the company"- conf call.Walt Disney co says increased ownership of Disneyland Paris to 100 percent- conf call.Walt Disney says Disney-branded app will have Disney and Pixar films; disposition of Marvel, Lucas and Star Wars films not determined yet.  Full Article

Walt Disney Co Q3 earnings per share $1.51
Tuesday, 8 Aug 2017 04:05pm EDT 

Aug 8 (Reuters) - Walt Disney Co ::The Walt Disney Company reports third quarter and nine months earnings for fiscal 2017.Q3 earnings per share $1.58 excluding items.Q3 earnings per share $1.51.Q3 earnings per share view $1.55 -- Thomson Reuters I/B/E/S.Walt Disney Co - ‍Parks and Resorts revenues for quarter increased 12% to $4.9 billion​.Walt Disney Co - qtrly Studio Entertainment revenue $‍2,393​ million versus $2,847mln.Walt Disney Co - ‍Media Networks revenues for quarter decreased 1% to $5.9 billion​.Qtrly revenue $‍14,238​ million versus $14,277 million.Walt Disney Co - ‍lower operating income in Cable Networks was due to a decline at ESPN in quarter​.Q3 revenue view $14.42 billion -- Thomson Reuters I/B/E/S.Walt Disney Co - qtrly operating income at cable networks ‍decreased 23% to $1.5 billion.Walt Disney Co - ‍decrease at ESPN was due to higher programming costs, lower advertising revenue and severance and contract termination costs in quarter​.Walt Disney Co - ‍programming cost increase at ESPN due to a contractual rate increase for NBA programming​.Walt Disney Co - ‍lower advertising revenue at ESPN due to decrease in average viewership & lower units delivered including impact of 2 fewer NBA finals games​.Walt Disney Co - ‍Parks and Resorts segment results benefited from timing of Easter holiday, which fell in Q3 of current year​.Q3 revenue view $14.42 billion -- Thomson Reuters I/B/E/S.  Full Article

Jewellery maker Pandora expands alliance with Disney to Europe, Middle East and Asia
Friday, 7 Jul 2017 04:01am EDT 

July 7 (Reuters) - PANDORA A/S ::PANDORA EXPANDS STRATEGIC CORPORATE ALLIANCE WITH DISNEY<<>> TO EUROPE, MIDDLE EAST AND AFRICA.WITH THE EXPANSION PANDORA’S DISNEY INSPIRED JEWELLERY WILL SOON BE AVAILABLE TO CUSTOMERS IN ALMOST ALL OF PANDORA’S GLOBAL MARKETS.THE EXTENDED ALLIANCE WILL BEGIN IN OCTOBER 2017, WITH PANDORA LAUNCHING ITS DISNEY JEWELLERY COLLECTION INSPIRED BY DISNEY CHARACTERS, INCLUDING MICKEY AND MINNIE MOUSE AND DISNEY PRINCESSES.SAYS EXTENDED ALLIANCE WILL INITIALLY ADD AROUND 30 NEW PIECES OF JEWELLERY TO THE EXISTING ASSORTMENT.  Full Article

Walt Disney Co files for offering of $250 million, 2.950% notes due 2027 - SEC filing‍​‍​
Friday, 30 Jun 2017 02:14pm EDT 

June 30 (Reuters) - Walt Disney Co :Walt Disney Co - files for offering of $250 million, 2.950% notes due 2027 - sec filing‍​‍​.Walt Disney Co - the 2.950% notes due 2027 will mature on June 15, 2027 - Sec filing.  Full Article

Walt Disney Company declares semi-annual cash dividend of $0.78/share
Wednesday, 28 Jun 2017 04:15pm EDT 

June 28 (Reuters) - Walt Disney Co ::The Walt Disney company declares semi-annual cash dividend of $0.78 per share.  Full Article

Alliance Data's BrandLoyalty, Disney EMEA announce new partnership to launch in 2018
Friday, 16 Jun 2017 07:30am EDT 

June 16 (Reuters) - Alliance Data Systems Corp ::Alliance Data's BrandLoyalty and Disney EMEA announce new partnership to launch in 2018.Alliance Data Systems Corp - ‍loyaltyone european-based BrandLoyalty business signed a multi-year agreement with disney emea​.Alliance Data Systems - ‍agreement to develop retail loyalty market throughout Europe, Middle East and Africa for Disney EMEA, to run from 2018 to 2021​.  Full Article

Walt Disney files for 3-part notes offering of up to $2.0 Bln
Monday, 5 Jun 2017 02:46pm EDT 

June 5 (Reuters) - Walt Disney Co :Files for 3-part notes offering of up to $2.0 billion - sec filing.Says notes will be offered and sold in denominations of $2,000 and any integral multiples of $1,000 in excess of $2,000.  Full Article

Walt Disney CEO Robert Iger resigns from president's council - tweet
Thursday, 1 Jun 2017 07:09pm EDT 

June 1 (Reuters) - Walt Disney Co :Walt Disney CEO says as a matter of principle, I've resigned from the president's council over the Paris agreement withdrawal - tweet.  Full Article

Walt Disney Co says 2017 capital expenditures to drop
Tuesday, 9 May 2017 05:06pm EDT 

May 9 (Reuters) - Walt Disney Co :Walt Disney Co says currently expects fiscal 2017 capital expenditures will be about $0.2 billion lower than fiscal 2016 capital expenditures of $4.8 billion.Says decline in fiscal 2017 capital expenditures primarily due to decreased investments at international parks and resorts - sec filing.  Full Article

The Walt Disney Co reports qtrly revenue $13,336 million
Tuesday, 9 May 2017 04:05pm EDT 

May 9 (Reuters) - Walt Disney Co :The Walt Disney Company reports second quarter and six months earnings for fiscal 2017.Qtrly cable networks operating income decreased 3% to $1.8 billion.Walt Disney Co qtrly revenue $13,336 million versus $12,969 million.Walt Disney Co- Media networks revenues for quarter increased 3% to $5.9 billion.Q2 earnings per share $1.50 excluding items.Q2 earnings per share $1.50.Walt Disney Co- Parks and resorts revenues for quarter increased 9% to $4.3 billion.Walt Disney Co- Studio entertainment revenues for quarter decreased 1% to $2.0 billion.Walt Disney - Decrease in cable networks qtrly operating income due to decrease at espn, partially offset by increases at disney channels, freeform.Q2 revenue view $13.45 billion -- Thomson Reuters I/B/E/S.Q2 earnings per share view $1.41 -- Thomson Reuters I/B/E/S.Walt Disney - Decrease at ESPN qtrly operating income due to higher programming costs, partially offset by affiliate and advertising revenue growth.Walt Disney- Qtrly parks and resorts segment results adversely impacted by timing of Easter holiday.  Full Article

Photo

Wall Street jumps as North Korea tensions wane; S&P 500 up one percent

NEW YORK U.S. stocks recovered further on Monday from last week's selloff, with the S&P 500 posting its biggest one-day percentage gain since April as worries eased about a conflict between the United States and North Korea. | Video