FINWIRES · TerminalLIVE
FINWIRES
$DIS

$DIS

61 stories mentioning DISUpdated 9d ago

Every FINWIRES story that references DIS, newest first.

Wire

Market Chatter: ESPN Conducting New Wave of Layoffs

Walt Disney's (DIS) ESPN has commenced a new round of layoffs, with most of the impacted jobs tied to its acquisition and integration of NFL assets, including NFL Network, Business Insider reported, citing an internal company memo it viewed.ESPN did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $96.24, Change: $-0.17, Percent Change: -0.18%

$DIS
Wire

Disney's ESPN Plans New Wave of Layoffs, Business Insider Reports

Disney's ESPN Plans New Wave of Layoffs, Business Insider Reports

$DIS
Disney Poised for Third-Quarter Earnings Beat on Experiences, Entertainment Strength, UBS Says
US Markets

Disney Poised for Third-Quarter Earnings Beat on Experiences, Entertainment Strength, UBS Says

Walt Disney (DIS) is likely to post fiscal third-quarter earnings above Wall Street's estimates, buoyed by gains in its experiences business and subscription video-on-demand services, UBS Securities said Monday.The brokerage projects the media and entertainment giant to log earnings of $1.91 a share for the quarter when it reports results Aug. 5. The Street is looking for $1.85, according to UBS."We expect (third-quarter) results to reflect accelerating EPS growth as (first-half) headwinds are lapped, supported by (high-single-digit) growth in experiences and (double-digit) growth in SVOD," UBS analysts, including John Hodulik, said in a note to clients. Sports earnings before interest and taxes are seen dropping by mid-teens amid higher sports rights costs, and as box office "remains soft," the analysts said.The brokerage lowered its price target on the Disney stock to $133 from $138 with a buy rating.The company's shares were down 1.1% in Monday afternoon trade, bringing its year-to-date losses to nearly 15%.For Disney's experiences business, UBS projects revenue to rise 8.7% for the quarter, as upfront cruise costs and pre-opening costs for World of Frozen-themed land are lapped. Domestic attendance improved sequentially in the third quarter, while international visitation was "partially lapped," the analysts said.UBS expects overall revenue in Disney's entertainment business to grow 8.7%, buoyed by the consolidation of live-sports streaming company Fubo. The company's subscription services include the Disney+, Hulu and Disney+ Hotstar streaming platforms.Third-quarter SVOD revenue is expected to increase by 11%, compared with growth of 13% in the prior quarter, as foreign-exchange tailwinds fade and the company's pricing actions from last year continue to filter through, UBS said.For fiscal 2026, the brokerage projects EPS of $6.90, compared with the Street's $6.83 views, amid "solid" performance in the experiences segment, improving operating income in the sports business and SVOD above 10%.Price: $96.88, Change: $-0.79, Percent Change: -0.81%

$DIS
Wire

Walt Disney Q3 Likely to See Double-Digit EPS Growth, UBS Says

Walt Disney's (DIS) fiscal Q3 results are expected to reflect accelerating EPS growth as H1 headwinds are lapped, UBS said in a Monday report. The results are due Aug. 5.The note said the experiences and subscription video on demand segments are likely to drive growth while sports EBIT decline due to higher sports rights costs and box office remains soft.The company is expected to report Q3 EPS of $1.91, up about 18% from a year ago, on revenue of $25.4 billion, the report said. The consensus is for EPS of $1.85.The note also said domestic attendance is expected to have improved in Q3 as headwinds from last year's Epic Universe opening and global visitation were partially lapped.UBS kept its buy rating while lowering its price target to $133 from $138.Price: $96.71, Change: $-0.96, Percent Change: -0.98%

$DIS
Wire

Market Chatter: FCC Close to Rulings Against Disney Over TV Licenses, 'The View'

The Federal Communications Commission is expected to rule against Walt Disney (DIS) in two separate investigations regarding its broadcast TV licenses and the designation of its show, "The View," Bloomberg reported Wednesday, citing people familiar with the matter.The FCC is preparing to send a probe into Disney's broadcast licenses to an agency hearing, the next step toward possible license revocation, the report said, citing the people. The agency is also expected to determine that The View is not a "bona fide" news show, the people reportedly told Bloomberg.The FCC and Disney didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $97.62, Change: $+1.74, Percent Change: +1.82%

$DIS
Wire

FCC Close to Rulings Against Disney Over TV Licenses, 'The View,' Bloomberg Reports

FCC Close to Rulings Against Disney Over TV Licenses, 'The View,' Bloomberg Reports

$DIS
Research

Benchmark Initiates Walt Disney at Buy With $115 Price Target

Walt Disney (DIS) has an average rating of buy and mean price target of $129.67, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$DIS
June Domestic Box Office Likely to Set Up Best Second-Quarter Post COVID-19, B. Riley Says
US Markets

June Domestic Box Office Likely to Set Up Best Second-Quarter Post COVID-19, B. Riley Says

US box office revenue in June is likely to come in higher than previously projected, potentially setting up the best second-quarter performance after the COVID-19 pandemic, according to B. Riley Securities.Figures for the current ending month show box office collections are likely to come in at $1.05 billion, climbing 27% year over year and ahead of the brokerage's prior forecast of $1 billion, it said in a client note emailed Tuesday.B. Riley cited ongoing momentum for certain releases in May, such as the Comcast (CMCSA)-owned Universal Pictures' "Obsession" and the A24-distributed "Backrooms," behind the upgrade.The performance is expected to result in a quarterly domestic box office of around $3 billion, representing an annual gain of 10% and the "best (second quarter) post-COVID," B. Riley Managing Director Drew Crum said in the note. This would be a "positive for all names across our universe," especially AMC Entertainment (AMC), Cinemark (CNK) and Marcus (MCS), according to Crum.AMC shares edged down 0.3% in Tuesday trade, while Cinemark and Marcus declined 2% each.Box office collections totaled $155.2 million over the weekend, led by Walt Disney's (DIS) "Toy Story 5" with $70.8 million, according to BoxOfficeMojo, owned by Amazon (AMZN) company IMDb. Momentum for the film was "muted by an equity offering" by AMC, B. Riley said.Last week, AMC closed its registered direct offering of 95.3 million common shares for gross proceeds of around $200 million.Warner Bros.' (WBD) "Supergirl" raked in an estimated $37.1 million, which the brokerage views as "underwhelming" when compared with its reported $170 million production budget. Imax (IMAX) took in nearly $8 billion of the film's domestic box office, or roughly 20%, "representing its highest domestic opening weekend index of any superhero title" in the theater company's history, according to B. Riley.Price: $2.01, Change: $-0.02, Percent Change: -0.99%

$AMC$AMZN$CNK$DIS$IMAX$MCS$WBD
Sectors

Sector Update: Consumer Stocks Decline Late Afternoon

Consumer stocks were lower late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.6%.In corporate news, Carnival (CCL) is under investigation following an April data breach that compromised personal information of about 6 million people, Texas Attorney General Ken Paxton said in a statement Monday. Carnival shares fell 2.8%.Uber (UBER) was sued Monday by shareholders who accused the ride-sharing company's board of ignoring warnings about compliance failures that allegedly contributed to thousands of sexual assault and harassment lawsuits, Reuters reported. Separately, Uber is expected to invest a "meaningful" amount and be named as an anchor investor for Lime's IPO, The Information reported. Uber shares were down 0.3%.Lucid (LCID) shares fell 3.9% after the company said Monday it plans to cut 18% of its workforce as part of a plan to streamline its structure and boost profitability.Walt Disney's (DIS) ABC broadcast network launched an on-air commercial campaign urging viewers to submit comments to the Federal Communications Commission as the agency reviews ABC's petition regarding "The View," its daily talk show. Disney shares shed 1.7%.

$CCL$DIS$LCID$UBER
Sectors

Sector Update: Consumer Stocks Decline in Afternoon Trading

Consumer stocks were lower Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.3%.In corporate news, Lucid (LCID) shares fell 5.2% after the company said Monday it plans to cut 18% of its workforce as part of a plan to streamline its structure and boost profitability.Walt Disney's (DIS) ABC broadcast network launched an on-air commercial campaign urging viewers to submit comments to the Federal Communications Commission as the agency reviews ABC's petition regarding "The View," its daily talk show. Disney shares were down 2.2%.Getty Images (GETY) said Sunday it has entered into a display agreement with OpenAI under which Getty content will be displayed within ChatGPT. Getty shares surged almost 105%.

$DIS$GETY$LCID
Wire

Disney's ABC Airs Ads Urging Public to Weigh In on FCC Petition Over 'The View'

Walt Disney's (DIS) ABC broadcast network launched an on-air commercial campaign urging viewers to submit comments to the Federal Communications Commission as the agency reviews ABC's petition regarding "The View," its daily talk show.One of the ad spots says, "The View has welcomed your favorite guests and covered the issues you care about for nearly 30 years. Now, the FCC wants to control who is allowed to appear on the show." The spot includes a QR code linking to the FCC's public comment page.The FCC's Media Bureau last month sought public comment on ABC's request that "The View" be deemed a bona fide news interview program, which would qualify it for an exemption from statutory equal-opportunities requirements for political candidates.Price: $102.80, Change: $-1.09, Percent Change: -1.05%

$DIS
Wire

Top Midday Stories: SpaceX Shares Indicated to Open 29% Above IPO Price at $174 Each; Adobe CFO Leaves Company

All three major US stock indexes were up in late-morning trading Friday, as investors prepare for SpaceX's initial public offering and wait for news on a signed deal between the US and Iran.In company news, SpaceX shares are indicated to open at $174 apiece, about 29% above the IPO price of $135 per share, Bloomberg reported Friday.Adobe (ADBE) reported fiscal Q2 adjusted earnings late Thursday of $5.96 per diluted share, up from $5.06 a year earlier and above the FactSet consensus analyst estimate of $5.82. Fiscal Q2 revenue was $6.62 billion, up from $5.87 billion a year ago and above the FactSet consensus of $6.45 billion. For fiscal Q3, the company expects adjusted EPS of $6.05 to $6.10 on revenue of $6.67 billion to $6.72 billion. Analysts polled by FactSet expect $5.77 and $6.52 billion, respectively. For the full year, Adobe expects adjusted EPS of $24.35 to $24.45 on revenue of $26.5 billion to $26.6 billion. Analysts expect $23.54 and $26.06 billion, respectively. The company also announced that Chief Financial Officer Dan Durn will leave the company on Monday, and Steve Day, senior vice president of corporate finance, will serve as interim CFO. Adobe shares were down 7.4% around midday.BlackRock (BLK) HPS Corporate Lending Fund received repurchase requests totaling about 13.3% of shares outstanding as of March 31 but will fulfill requests for just 5% of shares, the fund said Friday in a regulatory filing. The fund previously limited redemptions to 5% after receiving requests to repurchase about 9.3% of share outstanding, according to a March regulatory filing. BlackRock shares were up 2%.SharonAI (SHAZ) said Friday it has entered a six-year strategic compute collaboration with Nvidia (NVDA) to expand AI infrastructure in Australia, including the deployment of up to 40,000 Grace Blackwell GB300 GPUs. SharonAI shares were down 7.8%, while Nvidia shares were up 0.4%.Turkey's Competition Board said Friday it has concluded an investigation into Netflix (NFLX), Amazon (AMZN) Prime, Walt Disney (DIS) and other streaming platforms through a waiver of liability. Netflix agreed to measures that seek to address issues raised by the board regarding its selection of Turkish content, while all of the companies committed to certain steps to address the raised issue of exclusivity clauses in contracts. Netflix and Amazon shares were down 1.1% and 2%, respectively, while Disney shares were up 0.3%.Price: $203.46, Change: $-15.34, Percent Change: -7.01%

$ADBE$AMZN$BLK$DIS$NFLX$NVDA$SHAZ
Wire

Turkey Concludes Antitrust Probe Into Netflix, Amazon Prime, Disney

Turkey's Competition Board said Friday it has concluded an investigation into Netflix (NFLX), Amazon (AMZN) Prime and Disney (DIS) through a waiver of liability.Specifically, the board probed whether Netflix discriminates against independent producers when selecting original Turkish content to be broadcast on its platform. The regulator also examined exclusivity clauses in contracts that Netflix, BluTV, Disney, Amazon Prime, Exxen and Gain enter into with producers, distributors, actors and writers in order to carry out their activities.Netflix agreed to measures that seek to address the Turkish content selection issue, while all the companies committed to certain steps to address the exclusivity issue as part of the agreement, the regulator said.The companies didn't immediately reply to requests for comment from.Price: $80.31, Change: $-0.96, Percent Change: -1.19%

$AMZN$DIS$NFLX
Sectors

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Wednesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1%.In corporate news, FedEx's (FDX) fiscal Q4 earnings may fall short of Wall Street's expectations as margin pressures continue to outweigh stable sales trends, Morgan Stanley said. FedEx shares fell 1%.Walt Disney (DIS) has started selling Super Bowl LXI commercial time at $8 million for a 30-second spot, Variety reported. Disney shares declined 1.8%.Ford Motor's (F) total US vehicle sales in May fell 13.6% to 190,828 from a year earlier, the automaker said. The stock fell 2.8%.Ulta Beauty's (ULTA) limited guidance flow-through from its $0.85 earnings per share beat, along with tougher Q2 to Q4 comparisons, raises questions about the extent of earnings delivery in H2, Morgan Stanley said. Ulta shares dropped 5%.

$DIS$F$FDX$ULTA
Wire

Market Chatter: Walt Disney Sells Super Bowl Ads at $8 Million for 30-Second Spots

Walt Disney Company (DIS) has begun selling Super Bowl LXI commercial time at $8 million for a 30-second spot, Variety reported Wednesday, citing two people familiar with recent negotiations.The rate fell from Disney's initial asking price of up to $10 million after objections from advertisers, the report said, citing three media buyers familiar with the matter.Disney said it has seen strong early demand with AI, finance and pharma leading spending, according to the report. Super Bowl LXI is scheduled for Feb. 14 and will air on both ABC and ESPN.Disney did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $99.70, Change: $-1.71, Percent Change: -1.69%

$DIS
Wire

Royal Philips, Disney Bring Animated Themes to MRI Systems for Children

Royal Philips (PHG) and Walt Disney (DIS) said Thursday said Thursday they are integrating Disney animated characters and stories into Philips Ambient Experience for MRI systems at medical facilities in 87 countries to help ease anxiety among children undergoing imaging procedures.The immersive MRI environment is designed to make scans more comforting and engaging for pediatric patients, potentially helping more children complete exams successfully, the companies said.Early adopters include pilot hospitals across Europe, as well as Rady Children's Health in Orange County, California, and Calderdale Royal Hospital in the UK, which the companies said have reported positive feedback from patients and staff.Price: $26.13, Change: $-0.47, Percent Change: -1.77%

$DIS$PHG
Wire

Disney, Hulu to Livestream Live Nation Festivals Globally

Walt Disney's (DIS) Disney+ and Hulu said Monday they will livestream the Bonnaroo Music and Arts Festival, Lollapalooza and the Austin City Limits Music Festival for the first time.This is Hulu's sixth year offering live festival streaming to subscribers, with the addition of a Disney+ global livestream further enhancing its coverage of Live Nation festivals, according to the statement.Alongside livestreaming performances, Disney+ and Hulu will also bring back the Live Set, an on-site content studio at each festival, the statement added.Price: $104.05, Change: $+1.33, Percent Change: +1.29%

$DIS
Sectors

Sector Update: Consumer Stocks Softer Late Afternoon

Consumer stocks were lower late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.7%.In corporate news, Canada Goose (GOOS) may struggle to generate meaningful upside in the coming quarters as weak revenue growth and macro uncertainty continue to cloud the outlook, UBS said in a note. Canada Goose shares were down 2.8%.Starbucks (SBUX) said it will cut 300 US support jobs as the coffee giant consolidates regional offices to reduce costs and streamline operations. Its shares were up 0.7%.Magnum Ice Cream (MICC) shares jumped past 10% after Reuters reported that Blackstone (BX) and Clayton, Dubilier & Rice are in the early stages of considering bids for the company.Walt Disney's (DIS) co-owned JioStar, an Indian entertainment joint venture with Reliance, is suing rival Zee Entertainment over allegations it broadcast Bollywood films that JioStar has rights to without authorization, Reuters reported. Disney shares were down 2.5%.

$DIS$GOOS$MICC$SBUX
Sectors

Sector Update: Consumer Stocks Decline Late Afternoon

Consumer stocks fell late Monday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) declining 1.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.6%.In corporate news, General Motors (GM) plans to cut hundreds of jobs in its information technology department in an effort to reduce costs, Bloomberg reported. The cuts will impact around 500 to 600 workers, the report said. GM shares were down 4.6%.Texas Attorney General Ken Paxton said Monday he has sued Netflix (NFLX) for allegedly spying on Texans by collecting users' data without their consent or knowledge. Netflix shares fell 2.6%.Walt Disney's (DIS) ABC network has been the victim of "sustained, coordinated" censorship by the Trump administration, Federal Communications Commissioner Anna Gomez said in a letter to Disney CEO Josh D'Amaro, The Wall Street Journal reported. Disney shares were down 3.2%.Fox (FOXA, FOX) reported a surprise increase in quarterly earnings on Monday, while the media company's revenue topped estimates amid distribution growth. Its Class A shares rose 7.7%, and the Class B shares climbed 8.3%.

$DIS$FOX$FOXA$GM$NFLX
Sectors

Sector Update: Consumer Stocks Decline Monday Afternoon

Consumer stocks fell Monday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) declining 1.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) dropping 0.7%.In corporate news, Texas Attorney General Ken Paxton said Monday he has sued Netflix (NFLX) for allegedly spying on Texans by collecting users' data without their consent or knowledge. Netflix shares fell 2.4%.Walt Disney's (DIS) ABC network has been the victim of "sustained, coordinated" censorship by the Trump administration, Federal Communications Commissioner Anna Gomez said in a letter to Disney CEO Josh D'Amaro, The Wall Street Journal reported. Disney shares were down 3%.Fox (FOX, FOXA) reported a surprise increase in quarterly earnings on Monday, while the media company's revenue topped estimates amid distribution growth. Its Class A shares rose 4%, and the Class B shares climbed 4.4%.

$DIS$FOX$FOXA$NFLX

Showing 1-20 of 61

Track with the FINWIRES app suite

FolioX
FolioX
Track DIS in your portfolio
WheelAI
WheelAI
Analyze DIS options with the wheel strategy
StockInsider
StockInsider
See market sentiment on DIS