Walt Disney Co (DIS)
26 Apr 2017
Hasbro Inc , the No. 2 U.S. toymaker, reported higher-than-expected quarterly earnings as strong demand for digital games more than doubled profit in its entertainment and licensing business, sending its shares to a record high.
* Shares jump as much as 8.5 pct to $104.14 in morning trading (Adds details, updates shares)
Mattel Inc reported a far bigger-than-expected quarterly loss and drop in sales on Thursday, hurt by poor demand by retailers for key brands Barbie and Fisher-Price and due to big discounts to move inventory left after weak holiday sales. | Video
* Mattel shares drop 6 pct, Hasbro down 2 pct (Adds forecast, updates share prices)
* CIAM says 2 euros per share buyout offer for Euro Disney's minority shareholders is not fair
"Star Wars" is beefing up its girl power through a new series of animated short movies featuring the sci-fi saga's heroines including Princess Leia, Rey and Jyn Erso. | Video
April 13 "Star Wars" is beefing up its girl power through a new series of animated short movies featuring the sci-fi saga's heroines including Princess Leia, Rey and Jyn Erso.
(The following statement was released by the rating agency) CHICAGO, April 03 (Fitch) Fitch Ratings has affirmed the Issuer Default Rating (IDR) assigned to The Walt Disney Company (Disney) and its subsidiaries at 'A'. The Rating Outlook remains Stable. A full list of ratings follows at the end of this release. Approximately $21.5 billion of pro forma debt outstanding as of Dec. 31, 2016 is affected by this action. KEY RATING DRIVERS Significant Financial Flexibility: Disney's operating profile
March 24 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
LOS ANGELES Walt Disney Co's board extended the term of Chairman and Chief Executive Officer Bob Iger by one year as it continues searching for a successor to a long-serving leader who is popular on Wall Street, the company said on Thursday.
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