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News Breaks | | | | August 19, 2012 | | 15:48 EDT |  | CBS, DIS | CBS gives up on suit over 'Glass House', Bloomberg says
According to a court filing, CBS (CBS) has given up on a lawsuit that alleged that “The Glass House,” an ABC network (DIS) reality television show, is a copy of CBS’s “Big Brother,” says Bloomberg. Reference Link | |
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News For CBS;DIS From The Last 14 Days Check below for free stories on CBS;DIS the last two weeks. |
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| May 10, 2013 | | 06:10 EDT | | DIS | On the Fly: Periodicals Wrap-Up
 Subscribe for More Information | | | May 9, 2013 | | 11:02 EDT |  | DIS | Netflix and Disney announce multi-year licensing deal for XD shows
Subscribe for More Information | | | May 8, 2013 | | 17:01 EDT |  | DIS | On The Fly: Closing Wrap
Stocks on Wall Street were higher again, pushing the Dow and S&P to new record levels. A late afternoon move down to the flatline made it seem like the recent winning streak was set to end, but the averages quickly reversed higher and closed firmly in positive ground. ECONOMIC EVENTS: In the U.S., the light economic calendar included MBA's report on mortgage applications, which were up 7%, and the EIA's petroleum status report, which showed crude oil inventories built up by less than was expected last week. In Europe, German industrial production increased 1.2% month-over-month in March, beating expectations for a 0.1% decline. In Asia, Chinese trade data showed exports climbed 14.7% in April, while imports were up 16.8%. However, some analysts expressed caution that the strong export gains should be viewed with some level of skepticism. COMPANY NEWS: Dow member Disney (DIS) beat expectations on the top and bottom line and price targets on the stock were raised at several firms, but shares slid 8c, or 0.12%, to $65.99... J.C. Penney (JCP) released preliminary Q1 results last night, including comparable store sales that were down 16.6% and revenue of $2.64B, which was below expectations. However, the results were enough to send shares of the heavily-shorted retailer up $1.21, or 7.38%, to $17.61. MAJOR MOVERS: Among the notable gainers was Whole Foods Market (WFM), up $9.39, or 10.12%, to $102.19 after earnings beat estimates, the company raised its full year outlook and announced a two-for-one stock split. Also higher were shares of Dex Media (DXM), up $2.84, or 20.71%, to $16.55 after Kyle Bass, presenting at the Sohn Investing Conference, said the company's stock could trade up to 5 times higher than current levels in 3 years. Among the noteworthy losers was Fusion-io (FIO), down $3.40, or 18.89%, to $14.60 after its CEO and chief marketing officer resigned and shares were downgraded by at least two analyst firms. Also lower following its earnings report was Zillow (Z), which fell $6.26, or 9.95%, to $56.68. INDICES: The Dow was up 48.92, or 0.32%, to 15,105.12; the Nasdaq was up 16.64, or 0.49%, to 3,413.27; and the S&P 500 was up 6.73, or 0.41%, to 1,632.69. | | | 16:00 EDT |  | DIS | Options Update; May 8, 2013
CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data. | | | 12:20 EDT | | DIS | On The Fly: Midday Wrap
Subscribe for More Information | | | 10:11 EDT |  | CBS | CBS management to meet with Needham
Subscribe for More Information | | | 09:37 EDT | | DIS | Active equity option families trading on open
Subscribe for More Information | | | 09:29 EDT |  | DIS | Disney price target raised to $76 from $63 at Citigroup
Subscribe for More Information | | | 07:14 EDT | | DIS | Disney price target raised to $71 from $63 at RBC Capital
Subscribe for More Information | | | 06:59 EDT | | DIS | Disney price target raised to $75 from $67 at JPMorgan
JPMorgan raised its price target for Disney following the company's Q2 results and keeps an Overweight rating on the stock. | | | | 06:55 EDT | | DIS | Disney price target raised to $73 from $66 at Credit Suisse
Subscribe for More Information | | | May 7, 2013 | | 19:26 EDT | | DIS | Yahoo! CEO has met with Hulu executives, AllThingsD says
Yahoo! (YHOO) CEO Marissa Mayer has met with executives at Hulu, a joint venture between Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), according to an AllThingsD report that cites sources that say Yahoo! is "in the process" but has not yet made a formal bid. Reference Link | | | 16:54 EDT | | DIS | On The Fly: Closing Wrap
Subscribe for More Information | | | 16:20 EDT | | DIS | Disney Q2 operating income at Cable Networks grew $224M to $1.7B
Subscribe for More Information | | | 16:19 EDT | | DIS | Disney reports Q2 Media Networks revenue $4.96B vs. $4.69B a year ago
Subscribe for More Information | | | 16:15 EDT |  | DIS | Disney reports Q2 EPS ex-items 79c, consensus 76c
Reports Q1 revenue $10.55B, consensus $10.48B. | | | 16:01 EDT | | DIS | Options Update; May 7, 2013
Subscribe for More Information | | | 15:34 EDT | | DIS | Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include The Walt Disney Company (DIS), consensus 76c; Mondelez International (MDLZ), consensus 34c; Williams Companies (WMB), consensus 24c; McKesson (MCK), consensus $2.30; Marathon Oil (MRO), consensus 72c; Williams Partners (WPZ), consensus 50c; Symantec (SYMC), consensus 38c; Whole Foods Market(WFM), consensus 73c; CA Technologies (CA), consensus 55c; TripAdvisor (TRIP), consensus 46c; Electronic Arts (EA), consensus 58c. | | | 14:19 EDT | | DIS | Walt Disney May weekly 65 straddle priced for 3.9% movement into Q2
Subscribe for More Information | | | 12:58 EDT | | DIS | On The Fly: Midday Wrap
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