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The Latest Breaking News from Walt Disney Co

Pete Najarian Is Bullish On Disney Ahead Of Earnings: Here's What Will Send The Stock Higher

Walt Disney Co (NYSE: DIS) is set to announce its quarterly financial results Wednesday after the bell. Here's what to watch for when the company reports.

Benzinga

What's Going On With Disney Shares Today?

Walt Disney Co (NYSE: DIS) shares are trading higher by 1.02% at $108.78. Traders and investors are watching for the company’s second-quarter earnings report, confirmed for Wednesday’s after-hours session.

Benzinga

Hopes Pinned On Walt Disney, After Netflix Streams Hugely Disappointing Subscriber Numbers

Walt Disney Co’s (NYSE: DIS) earnings call, scheduled for after the closing bell on Wednesday, is in focus.

Benzinga

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Is Disney Positioned For Short-Term Success? Why This Investor Sees 'Very, Very Pleasant Surprises' Ahead

Loop Capital's Kourtney Gibson sees Walt Disney Co (NYSE: DIS) stock as a safe haven for the long haul with the potential for short-term upside.

Benzinga

Disney Shares Hit 52-Week Low: What's Going On?

Walt Disney Co (NYSE: DIS) shares are making new 52-week lows on Monday after the stock fell more than 17% over the last month.

Benzinga

Disney hasn't found itself in this much trouble since 1941

The family-friendly, controversy-averse Walt Disney Co. has walked into the buzz saw of the American culture wars, version 2022.

The Conversation

‘Doctor Strange 2’ Conjures Up Biggest Opening of 2022

The summer movie season is off to a blockbuster start thanks to “ Doctor Strange and the Multiverse of Madness.” The superhero extravaganza grossed an estimated $185 million in ticket sales in its first weekend in US and Canadian theaters, the Walt Disney Co.

Asharq Al-Awsat

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How Netflix’s stumbles are causing rivals to rethink the streaming business

The recent revelation that streaming behemoth Netflix lost subscribers for the first time in more than 10 years stunned Wall Street, spurring a massive sell-off of the company’s stock.

Los Angeles Times

Why Disney Shares Are Falling

Shares of several gaming, streaming and social media companies, including Walt Disney Co (NYSE: DIS), are trading lower amid overall market weakness as traders continue to digest Wednesday's Fed rate hike announcement. An increase in yields has pressured tech and growth stocks.

Benzinga

Florida Residents File Lawsuit To Preserve Disney's Special Tax District Status

The feud between the Walt Disney Co. (NYSE: DIS) and Florida Gov. Ron DeSantis detoured into litigation as three state residents filed a lawsuit to block the newly-passed law that will dismantle Reedy Creek Improvement District, Disney’s special tax district.

Benzinga

Disney Pays $100K To Settle Bedbug Lawsuit: Report

The Walt Disney Co. (NYSE: DIS) is settling a lawsuit brought by a vacationer who claimed she was bitten by bedbugs during her vacation at the Disneyland Hotel in Anaheim, California.

Benzinga

Could The Force Be With Disney's Stock In May? Several Star Wars Events Could Provide Catalysts For The Media Giant

Walt Disney Co (NYSE: DIS) has a big May ahead for investors and fans with several new items being released and announced and quarterly earnings on deck. Here's a look at what’s in store.

Benzinga

Texas Republican Seeks To Drop No-Fly-Zones Over Disney Theme Parks

Florida Gov. Ron DeSantis isn’t the only Republican lawmaker taking aim at the Walt Disney Co. (NYSE: DIS). U.S. Rep. Troy Nehls (R-Texas) is seeking to eliminate the company’s federal no-fly-zone privileges over its U.S. theme parks.

Benzinga

India's 2 Richest Bringing Their Fight To Media Space Spells Trouble For Netflix, Disney

Indian OTT space is heating up with the country's top two billionaire tycoons — Mukesh Ambani and Gautam Adani — gearing up to compete against each other.

Benzinga

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Benzinga

Fantastical And Magical: Is Disney Planning 'Encanto' Attraction At Theme Parks?

Contrary to the chart-topping song’s insistence, we can talk about Bruno — or, at least, the Walt Disney Co. (NYSE: DIS) is talking about a new theme park attraction inspired by the animated feature “Encanto.”

Benzinga

Disney Communications Chief Geoff Morrell Resigns After Three Months

Geoff Morrell, the Walt Disney Co.’s (NYSE: DIS) chief corporate affairs officer who crafted the company’s public response to Florida’s so-called “Don’t Say Gay” legislation, has left the company after three months on the job.

Orlando Sentinel

Axing Disney World’s Reedy Creek could hurt Florida government finances, analysts say

ORLANDO, Fla. — Dissolving the Reedy Creek district could hurt Florida government finances and potentially strengthen The Walt Disney Co.’s balance sheet at taxpayers’ expense if leaders don’t solve a complex set of legal problems, according to industry analysts following the showdown.

Benzinga

DeSantis Says Disney Got A 'Wake-Up Call' By Losing Reedy Creek Special Status

Florida Gov. Ron DeSantis took a fresh swipe at the Walt Disney Co. (NYSE: DIS), claiming his push to eliminate the company Disney's Reedy Creek special district should be seen as a “wake-up call” to a company that veered away from its original corporate mission.

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Benzinga

'SportsCenter' Anchor Sage Steele Sues ESPN And Disney: Here's Why

ESPN's "SportsCenter" anchor Sage Steele has filed a lawsuit against her network and its parent, Walt Disney Co. (NYSE: DIS), charging them with breach of contract and violating her free speech rights following social and political remarks she made during a podca

Benzinga

Disney Says Florida Cannot Dissolve Reedy Creek Without Addressing Debt Load

The ongoing feud between Walt Disney Co. (NYSE: DIS) and the administration of Florida Gov. Ron DeSantis took another twist as the company is questioning the process that will eliminate its special status tax district in June 2023.

Los Angeles Times

Disney ‘metaverse’ begins to take shape

LOS ANGELES — Walt Disney Co. has brought its characters to life in its theme parks and expanded its franchises through streaming services.

Tribune News Service

Disney targeted by QAnon believers using meme-stock tactics

For weeks now, followers of the fringe conspiracy group QAnon have been spinning theories and falsehoods about Walt Disney Co. online, whipping up a frenzy of negative sentiment against one of America’s best-known corporations.

Benzinga

Jim's Bargain Bin: Why Cramer Just Bought Disney And This Year's Worst-Performing Dow Jones Stock

Walt Disney Co (NYSE: DIS) shares dropped nearly 15% last year, making it the worst-performing Dow Jones stock of 2021. Disney is off to another abysmal start, trading lower by about 25% just this year.

Chicago Tribune

Editorial: To end a Mickey Mouse situation, Disney and DeSantis must talk and compromise

The goofy impasse between the Walt Disney Co. and the state of Florida — two venerable entities whose fates are inextricably intertwined — is providing lots of red meat for Fox News, MSNBC and divisive partisans on both sides — but it’s bad for America.

Benzinga

One Analyst Cuts Disney Price Target, Another Reiterates Buy Rating: Who's Right?

Walt Disney Co (NYSE: DIS) was featured as the call of the day Tuesday on CNBC's "Fast Money Halftime Report." Analysts Clash: BMO reiterated Disney with a Market Perform rating and cut the price target to $140 from $175.

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