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Walt Disney Co (DIS)

DIS on New York Consolidated

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31 Aug 2016
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Tue, Aug 9 2016

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Disney beats estimates, buys video streaming stake to lure web viewers

Walt Disney Co's quarterly profit and revenue on Tuesday beat analysts' estimates fueled by movie studio hits, and the media company said it was taking a stake in a streaming video technology company to sell more content directly to consumers.

UPDATE 4-Disney beats estimates, buys video streaming stake to lure web viewers

Aug 9 Walt Disney Co's quarterly profit and revenue on Tuesday beat analysts' estimates fueled by movie studio hits, and the media company said it was taking a stake in a streaming video technology company to sell more content directly to consumers.

BRIEF-The Walt Disney Co Q3 earnings per share $1.62 excluding items

* The walt disney company reports third quarter and nine months earnings for fiscal 2016

BRIEF-The Walt Disney Company acquires minority stake in Bamtech

* Under terms of transaction, disney will pay $1 billion in two installments

Disney revenue jumps 9 pct

Aug 9 Walt Disney Co reported a 9 percent rise in quarterly revenue, fueled by the box-office success of "The Jungle Book".

BRIEF-Time Warner signs affiliate agreement for new Hulu Live-Streaming Service to Carry Turner Networks

* Time warner joins Hulu as equity owner and signs affiliate agreement for new Hulu live-streaming service to carry turner networks

BRIEF-Walt Disney announces new Youtube series "Destination: Disney Style"

* Announced "Destination: Disney Style", a new Youtube series Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

BRIEF-Walt Disney says it has filed for a debt shelf, size undisclosed

* Says it has filed for a debt shelf; size undisclosed - SEC Filing Source - http://bit.ly/29W7RIz Further company coverage: (Bengaluru Newsroom; +1 646 223 8780)

BRIEF-LSE Group says share exchange bar lowered for Deutsche Börse deal

* Holdco lowered threshold needed for acceptances under exchange offer from 75 pct to 60 pct of Deutsche Börse shares

Fitch Rates Disney's Offering 'A'; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, July 07 (Fitch) Fitch Ratings has assigned an 'A' rating to The Walt Disney Company's (Disney) offering of benchmark-sized three-, 10, and 30-year senior unsecured notes. The Rating Outlook is Stable. The proceeds from the offering are expected to be used for general corporate purpose including the repayment of outstanding debt. Fitch currently rates Disney's Issuer Default Rating (IDR) 'A'. Approximately $21.1 billion

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