Q2 results were just reported and Disney said its quarterly profit fell due to a $91 million bad-debt charge on a payment it was due from Lehman Brothers and the combination of higher expenses and less successful films at its studio entertainment division However, the more important thing to note is that they have done really well in their cable networks and theme parks business which is a great thing. That Disney has been able to stabilise its focus on a diverse portfolio of businesses has been becoming clear since 2005. They probably make less mistakes today with their investments bec...
The accompanying table presents an updated version of the ETFI Highly Defensive PerformIdex, which is expanded to 40 companies with market caps of at least $10B from the industry groups listed below. This defensive growth index is heavily weighted in consumer staples and healthcare and is now structured to include companies based in Europe, in addition to the United States and Canada.
Compared to the previous version, this index has a lower beta and higher average market cap and adds European companie
i personally think there is something wrong with people worrying abut casinos and movie companies. will come back after verifying i there is a financial/social/business issue behind the loss of confidence.
Disney is actually quite the king of online media. Well, at least it was, before News Corp. and CBS (CBS) spent $2B in 2 years to accelerate their efforts. But the bulk of Disney’s $1B+ digital sales come from ticket sales at its themed parks, as well as merchandising. However online advertising figures prominently, and video advertising growing quickly.
Rampant piracy of intellectual property in China has long been a sore point for companies like Microsoft (MSFT), but Disney (DIS) seems to be playing both sides of the fence. Today the WSJ reports that Disney hits like "Wall-E" are available on Chinese video site 56.com -- which is funded in part from Disney's Steamboat Ventures.
WSJ: John Ball, founder and managing director of Steamboat, says the firm was aware that pirated content was a potential issue when it made its investment in 56.com, but thought it could promote legal content on the site and work toward eliminating pirated material.
For movie lovers, one of the things that matters almost as much as a movie story line, is the picture and sound quality. Up until recently, there was little question as to where you needed to go to get the best video possible for a movie -- your nearest Imax theater. But recently, Imax has been under pressure from advancements in 3D systems and digital projection.
What Imax really needs is to get as many big name blockbuster productions as possible into its lineup. The company, which currently has 320 theaters, got...
UPGRADES:UBS upgrades Chico's FAS (NYSE: CHS) from Sell to Neutral.KeyBanc upgrades CBRL Group (Nasdaq: CBRL) from Underweight to Hold. Citi upgrades Medcath (Nasdaq: MDTH) from Sell to Hold.Pali Research upgrades Disney (NYSE: DIS) from Neutral to Buy. Price target $25. For daily real-time Upgrades go to http://www.streetinsider.com/UpgradesDOWNGRADES:UBS downgrades Coca-Cola (NYSE: KO) from Buy to Neutral with a $48 price target.UBS downgrades PepsiCo (NYSE: PEP) from Buy to Neutral with a $57 price target.UBS downgrades Kellogg (NYSE: K) from Buy to Neutral and cut their price target fr...
General Motors Corp. (NYSE: GM), Ford Motor Co. (NYSE: F) and Chrysler LLC and the head of the United Auto Workers union will testify at a Senate Banking Committee hearing as they seek $25 billion in aid. While the democrats generally support their request, the Bush administration and Republican are agains...
UBS upgraded McDonald's (NYSE:MCD) to Buy from Neutral based on expectations the it can deliver on 2009 EPS expectations and potential for accelerating share gains.
Bernstein upgraded Nokia (NYSE:NOK) to Outperform from Underperform on valuation following the company's profit warning. Merrill upgraded shares to Buy from Neutral to reflect valuation and Nokia's new pro
Portfolio results thru 8/8/08
- Portfolio at www.updown.com - started 1/11/08
9.8% return includes dividends and commission.
Started socialpicks on 6/30. some stocks here are not in...
Stock update and watch list 7/29/08
- Due to difficulties understanding the socialpicks system regarding changing rating from buy to hold and thus resetting the performance, I wanted to sum...
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