Walt Disney Co (The)
NYSE: DIS
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DIS Articles
Disney's market capitalization has eroded to less than that of streaming rival Netflix. Disney does pay a dividend though, at least for now.
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Some airlines and Disney theme parks have announced thousands of layoffs. Other airlines, theme parks and hotels are likely to follow suit.
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Layoffs in the travel and entertainment industry could upend the economic recovery. The process already has begun and is certain to spread.
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For some reason, a comeback for nearly every business with doors, seats, tables and rooms was in the offing. Layoffs at Disney theme parks have put a flame to that.
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The top-performing movie in America for 2020, based on domestic ticket sales, was released right after the start of the year. That gave it two months to accumulate revenue before the COVID-19...
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Tuesday's top analyst upgrades and downgrades include Apple, Baidu, Boeing, Delta Air Lines, L3Harris Technologies, Moderna, Raytheon Technologies, Roku and Walt Disney.
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The pandemic may not have killed the traditional movie industry, but it has wounded it beyond repair.
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Wednesday's top analyst upgrades and downgrades included Agilent Technologies, Cree, Deere, Gilead Sciences, Home Depot, Kohl's, Nordstrom, Walmart and Walt Disney.
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Wednesday's top analyst upgrades and downgrades included Activision Blizzard, AON, Enphase Energy, Monster Beverage, New Relic, Novavax, Paycom, Walt Disney and Wynn Resorts.
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COVID-19 has hit Disney so hard that its market cap has dropped to less than $215 billion. Netflix now has a market cap near $225 billion.
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Disney posted a surprise $0.08 in earnings per share (EPS) and $11.78 billion in revenue in the second quarter. Analysts were expecting a net loss of $0.64 per share and $12.39 billion in revenue.
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This is a preview of a few of the most anticipated quarterly reports due this week, including CVS Health, Uber and Walt Disney.
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Visitors to the recently reopened Disney parks and hotels are told about the company's efforts to ensure safety during the COVID-19 outbreak. Visitors are also reminded that they assume all risks...
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Tuesday's top analyst upgrades and downgrades included Albertsons, Alphabet, Carnival, Coeur Mining, Devon Energy, Halliburton, Skyworks Solutions, Tesla, Walt Disney and Zendesk.
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The latest surge in Netflix subscribers was bad news for rivals. Battered startup Quibi may not be able to handle the strain.
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