Latest Walt Disney Co News

Stock market today: Asian shares mixed after calm day on Wall St

May. 08, 2024 01:08 AM EDT

TOKYO (AP) — Asian shares were mixed on Wednesday after U.S. stocks held relatively steady on Wall Street. U.S. futures and oil prices slipped, while the yen weakened further against the U.S. dollar. Tokyo's Nikkei 225 lost 1.5% to 38,244.76. Nintendo Co.’s share...

How major US stock indexes fared Tuesday, 5/7/2024

May. 07, 2024 16:32 PM EDT

U.S. stocks held relatively steady as trading on Wall Street calmed following some sharp recent swings. The S&P 500 rose 0.1% Tuesday, its fourth straight gain. The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite slipped 0.1%. Kenvue, the company...

Kenvue, Crocs rise; Disney, Teradata fall, Tuesday, 5/7/2024

May. 07, 2024 16:12 PM EDT

Stocks that traded heavily or had substantial price changes on Tuesday: The Walt Disney Co., down $11.08 to $105.39. The entertainment giant's revenue fell shy of forecasts and said it expects its streaming video business to weaken. Kenvue Inc., up $1.20...

Disney's streaming business turns a profit in first financial report since challenge to Iger

May. 07, 2024 13:08 PM EDT

The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year. ...

Disney: Fiscal Q2 Earnings Snapshot

May. 07, 2024 06:44 AM EDT

BURBANK, Calif. (AP) — BURBANK, Calif. (AP) — The Walt Disney Co. (DIS) on Tuesday reported a loss of $20 million in its fiscal second quarter. The Burbank, California-based company said it had a loss of 1 cent per share. Earnings, adjusted for restructuring costs and...

Stock market today: Asian shares mostly higher, though China benchmarks falter

May. 07, 2024 00:42 AM EDT

Asian markets were mostly higher Tuesday after another day of gains on Wall Street, although Chinese shares faltered. U.S. futures and oil prices edged higher. Tokyo's Nikkei 225, reopening after a national holiday, jumped 1.5% to 38,784.91 and the Kospi in South...

How major US stock indexes fared Monday, 5/6/2024

May. 06, 2024 16:30 PM EDT

U.S. stocks closed higher on Wall Street, adding to last week’s gains. The S&P 500 climbed 1% Monday. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 1.2%. Treasury yields held steady in the bond market following last week’s big moves on hopes that...

This Week: Disney, Papa John's earnings; University of Michigan consumer sentiment report

May. 06, 2024 03:15 AM EDT

Disney reports The Walt Disney Co. issues its latest quarterly report Tuesday. Analysts forecast Disney, which owns ESPN and about a dozen theme parks around the world, earned $1.10 per share in the second quarter on $22.1 billion in sales. California-based Disney...

Kim Godwin out as ABC News president after 3 years as first Black woman as network news chief

May. 05, 2024 23:53 PM EDT

NEW YORK (AP) — Kim Godwin is out after three tumultuous years as ABC News president, a move presaged earlier this year when network parent Walt Disney Co. installed one of its executives, Debra O'Connell, to oversee the news division. Godwin, the first Black woman to lead a...

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024

Apr. 18, 2024 17:27 PM EDT

Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service's future growth. ...