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Walt Disney (DIS)

PostPosted: Thu Jul 31, 2008 4:05 am
by kennynah
Walt Disney Q3 profit rises - quick facts
7/30/2008 4:08 PM ET


(RTTNews) - Walt Disney Co. (DIS: News, Chart, Quote ) reported third-quarter net income of $1.28 billion or $0.66 per share, compared to $1.18 billion or $0.57 per share in the same quarter last year. On average, 23 analysts polled by First Call/Thomson Financial expected earnings of $0.61 per share.

Revenues for the quarter rose to $9.24 billion from $9.04 billion in the comparable quarter a year-ago. Eighteen Wall Street analysts had consensus revenue estimate of $9.14 billion.

Re: Disney (DIS)

PostPosted: Tue Mar 17, 2009 9:44 pm
by iam802
Well...let's see...failure on HK Disney...could be an opportunity for SG IR (??)...maybe

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Disney Halts Hong Kong Design Work, Raising Government Tensions

http://www.bloomberg.com/apps/news?pid= ... refer=asia

March 17 (Bloomberg) -- Walt Disney Co., the second-largest U.S. media company, halted creative and design work on the expansion of its Hong Kong theme park, leading to 30 job cuts and raising tensions with Hong Kong’s government.

The theme-park operator said it still hasn’t reached an agreement with the government on an expansion plan after two years of investment and negotiations. The city government, which owns 57 percent of the venture, said the cuts aren’t conducive to the talks.

“The uncertainty of the outcome requires us to immediately suspend all creative and design work on the project,” Leslie Goodman, executive vice president of Walt Disney Parks and Resorts’ worldwide public affairs, said in a statement today.

Hong Kong’s government is “puzzled” by Disney’s decision, the Commerce and Economic Development Bureau said in an e-mailed statement today. “We have expressed grave concern about the decision and urged the company to reconsider.”

Both Alannah Hall-Smith, a Disney spokeswoman, and B.C. Lo, Hong Kong Disneyland’s vice president for public affairs, declined to add to Goodman’s comments in phone interviews today.

Hong Kong Disneyland, which is operated by Hong Kong International Theme Parks Ltd., planned to expand the park by a third to attract visitors, Managing Director Andrew Kam told reporters in December.

The park, which opened in September 2005, attracted 14.5 million visitors in its first three years, Kam said in January. The number of tickets sold rose 8 percent to 4.5 million in the year ended September, he said.

The park increased ticket prices by as much as 19 percent last month, the first adjustment since it opened.

Hong Kong’s tourist arrivals will probably fall 1.6 percent in 2009 from a year earlier to 29 million, according to the Hong Kong Tourism Board.

“The government still hopes to reach an agreement with Walt Disney Co. as soon as possible,” Hong Kong’s commerce bureau said.

Re: Disney (DIS)

PostPosted: Wed Nov 04, 2009 7:05 pm
by iam802
Disney will own about 40 percent of the Shanghai resort, with the remainder owned by a holding company formed by a consortium of Chinese companies selected by the government, according to people with knowledge of the plan but who were not authorized to speak publicly.

http://www.nytimes.com/2009/11/04/busin ... ml?_r=2&hp

Re: Disney (DIS)

PostPosted: Wed Nov 04, 2009 7:15 pm
by LenaHuat
Wonderful, I like this idea of Asia being the "playground". It will succeed beyond imagination. I can see how the Chinese embrace the theme of 'fun' already.

Re: Disney (DIS)

PostPosted: Wed Nov 04, 2009 9:41 pm
by kennynah
i remember when HK agrees to lease the island for disney park, free of charge right?, disney had to contractually agree not to build another disney park in China (or some nearby land, to threaten the business).... so, now, i'm under the impression that this arrangement is being screwed...?

Re: Walt Disney (DIS)

PostPosted: Tue Mar 16, 2010 8:34 pm
by winston
Not vested.

AN INCREDIBLE BELLWETHER RECOVERY

As we've been highlighting in our "New Highs of Note" column each Monday, America is finally getting back down to the "consuming business." Fast food, department store, shoe, and gadget stocks are soaring right now.

Leading the pack is Disney. Like the share price and profits of Home Depot, Disney is an excellent measure of how flush the American consumer is feeling. Disney owns television networks ESPN and ABC... a hugely successful movie business... amusement parks... and the merchandising rights to it all. This pile of assets is good for more than $30 billion in annual revenue.

It's also good for a remarkable recovery. As you can see from today's chart, Disney's share price has completely recovered to pre-credit-crisis highs in the mid $30s. Not many stocks can make this claim.

Considering this chart, we have to repeat our claim from a previous Home Depot column... Sure, you can be bearish on America all you want. The government's "handouts and bailouts" policy will end in a debacle. But it could take a long time for that debacle to happen. As long as stocks like Home Depot and Disney are soaring to new heights, the government-sponsored boom is still working.


Source: Daily Wealth

Re: Walt Disney (DIS)

PostPosted: Tue Mar 16, 2010 8:48 pm
by kennynah
maybe Alice in Wonderland adds to their revenue....

Re: Walt Disney (DIS)

PostPosted: Wed Jul 28, 2010 10:51 am
by millionairemind
Jul 28, 2010
Disney to buy Playdom site
BURBANK (California) - THE Walt Disney Co is buying online social-gaming company Playdom for US$563.2 million (S$767 million), the latest sign the company is becoming a formidable player in the video-game industry.

Disney said on Tuesday it is buying Playdom to strengthen its digital-gaming portfolio. The purchase will help bring Disney's characters, stories and brands to customers in new ways, through Facebook and MySpace.

Playdom, which is based in Mountain View, California, has about 42 million monthly active users, who play games such as 'Social City' and 'Sorority Life.' In addition to the purchase price, Playdom shareholders may also earn another US$200 million if the company meets certain financial targets.

The deal comes less than a month after Disney announced it bought Tapulous, the maker of the popular iPhone music game 'Tap Tap Revenge.' And Disney bought the popular online kids hangout Club Penguin for US$350 million in 2007.

Disney expects to close the acquisition by the end of its fiscal year in September. Its shares closed down 12 cents at US$34.28 Tuesday. -- AP

Re: Walt Disney (DIS)

PostPosted: Fri Feb 06, 2015 6:13 am
by winston
Entertainment leader Disney hits an all-time high... shares are up 160%-plus in three years.

Re: Walt Disney (DIS)

PostPosted: Tue Apr 28, 2015 8:24 pm
by winston
THIS "GOOD FOR AMERICA" STOCK IS STILL SOARING

Shares of Walt Disney (DIS) just set a new all-time high... and that's good news for America.

Over the past few years, we've profiled the soaring bull markets in home-improvement stocks, hotel stocks, and financial stocks. We figure that if these sectors are enjoying rising profits and soaring stock prices, the economy can't be doing all that bad.

Another great sign is the recent business and share-price performance of Disney, one of America's largest media and entertainment companies. When folks have enough money to spend on cable TV, movies, and vacations, Disney prospers. It is THE iconic brand in American entertainment. Thus, its share price is a solid gauge of what's going on with the economy.

Today's chart shows things are still going well. Shares are up nearly 170% in the past three years... and just hit a new all-time high yesterday. We look at Disney's rising revenues and soaring stock price and say, "things can't be that bad" in America.

Source: Daily Wealth