Disney

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Disney’s earnings eyed for clues on upcoming streaming service – Stock Market News

Posted on August 2, 2019 at 1:28 pm GMT

The world’s leading entertainment conglomerate will release its latest earnings report on Tuesday, after Wall Street’s closing bell. Beyond any surprises in the numbers, market focus will fall mainly on the expectations by Disney’s management about the firm’s soon-to-be-launched streaming service. Overall, the company’s future remains bright – something also reflected by the 29% gain in its stock this year – though its high valuation poses a risk. The entertainment colossus is expected to report earnings per share (EPS) of [..]

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European Open Preview – Dollar bounces back after midterms and ahead of Fed decision

Posted on November 8, 2018 at 8:42 am GMT

Here are the latest developments in global markets: FOREX: The dollar index pared early losses to close the day higher on Wednesday and is also up by 0.27% on Thursday, drawing strength from a surge in US bond yields, which amplifies the dollar’s attractiveness from a relative rates perspective. In the UK, the pound extended its recent gains as Brexit optimism remained elevated. Meanwhile, the antipodeans – aussie and kiwi – outperformed, buoyed by strong risk appetite, speculation that the trade [..]

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European Open Preview – Kiwi plummets on dovish RBNZ; US PPI and US-Japan trade meeting on the horizon

Posted on August 9, 2018 at 7:34 am GMT

Here are the latest developments in global markets: FOREX: The US dollar index is marginally higher on Thursday, after posting some relatively small losses (-0.13%) in the previous session. Meanwhile, the kiwi collapsed overnight, falling by nearly 1.4% against the dollar, after the RBNZ pushed further back the anticipated timing of its first planned rate increase and reiterated that a rate cut remains on the table. The British pound struggled as well, touching fresh multi-month lows against its major peers as speculation [..]

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Stock Market News – Disney eyed ahead of earnings report; stock’s all-time high within reach

Posted on August 7, 2018 at 2:05 pm GMT

Disney’s earnings report for its fiscal third quarter will be made public after Tuesday’s closing bell on Wall Street. The consensus recommendation for the company is “buy”, which is in line with the average consensus recommendation for the Broadcasting peer group. The media and entertainment conglomerate’s quarterly earnings per share (EPS) are anticipated to come in at $1.95, according to Thomson Reuters consensus estimates. Current projections are the result of a downward revision from $1.97 from four weeks ago, while if [..]

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European Open Preview – British pound suffers “Brexit blues”

Posted on August 7, 2018 at 7:43 am GMT

Here are the latest developments in global markets: FOREX: The US dollar index is lower by a little more than 0.10% on Tuesday, giving back some of the gains it posted yesterday. Meanwhile, the British pound retreated across the board on Monday, as speculation intensified that the UK could exit the EU without any deal. Elsewhere, the aussie ticked up after the RBA was perceived to be a little more optimistic, on the margin, upon completion of its policy meeting earlier today. STOCKS: US [..]

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Stock Market New (US Open) – European and US shares extend losses as North Korea weighs

Posted on August 9, 2017 at 2:30 pm GMT

Major European bourses fell deeper into the red during the course of the day and ahead of the US open. Market sentiment remained risk-off followed the heightened geopolitical tensions in the Korean peninsula, while the incident earlier today involving a car deliberately running over a group of soldiers in a Paris suburb also weighed on equities. US stocks looked set to extend yesterday’s losses, with the Dow Jones opening 0.2% lower, the S&P 500 by 0.5% and the NASDAQ Composite [..]

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Stock Market News (European Open) – US-North Korea tensions command equity market activity, induce spike in volatility

Posted on August 9, 2017 at 9:02 am GMT

Mounting tensions between the US and North Korea have weighed on equity markets, sending the majority of the Asian and European bourses into red territory and inducing a spike in volatility. Bar Australia’s equity benchmark, the S&P/ASX 200 that rose 0.38% today, all other major bourses in Asia finished day lower. Japan’s Nikkei 225 was down 1.29%, followed by the Hang Seng index that fell 0.36% and the Shanghai Composite index that dropped 0.03%. North Korea announced that its leader Kim Jong Un [..]

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