Stock Market & Financial Investment News

News Breaks February 6, 2013 10:22 EDT DIS Disney has an active bullish pattern following results, levels to watch Following the company's earnings report, the shares have broken out, now up just under 1 percent. There is a bullish pennant on the daily chart that has now become active. A move down to the 10-day moving average, last at $54.18 would see the pattern become inactive. If the pattern remains valid and completes, upside potential is to the $58 to $59 area. This is close to some price targets set by sell side analysts. News For DIS From The Last 14 Days Check below for free stories on DIS the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 21, 2013 12:58 EDT DIS Disney's ESPN cuts less than 6% of workforce, Bloomberg reports Disney's (DIS) ESPN unit laid off less than 400 workers today as part of a companywide cost-cutting effort, Bloomberg reports, citing a person with knowledge of the situation. The cuts amount to less than 6% of ESPN’s 7,000 employees, the report adds. Reference Link May 19, 2013 16:41 EDT DIS Viacom's 'Into Darkness' tops Disney's “Iron Man 3” at box office, WSJ says Subscribe for More Information May 17, 2013 15:51 EDT DIS DirecTV weighing bid for Hulu, WSJ reports DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link 15:26 EDT DIS DirecTV considering acquisition of Hulu, Dow Jones reports Subscribe for More Information 06:23 EDT DIS Disney downgraded to Neutral from Overweight at Atlantic Equities Subscribe for More Information May 16, 2013 13:46 EDT DIS Disney's ESPN acquires rights to tennis' U.S. Open beginning 2015 Subscribe for More Information May 15, 2013 19:59 EDT DIS Pay-TV operators eye Hulu, WSJ reports At least two pay-TV operators, including Time Warner Cable (TWC), are looking at an investment in Hulu, jointly controlled by Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), reports the Wall Street Journal, citing people familiar with the matter. Reference Link 10:49 EDT DIS Senator questions TV broadcasters' free spectrum rights, The Hill says Democratic Senator Mark Warner questioned whether broadcast stations that pull their programming off the air should be able to keep using spectrum for free, The Hill reported yesterday. A number of TV networks have threatened to broadcast only on cable and satellite in response to the launch of Aereo. The latter service uses stations' over the air signals to send programming to consumers' Internet devices. Reference Link 05:59 EDT DIS Corporate boards recruit newcomers with digital knowledge, WSJ reports Subscribe for More Information May 14, 2013 17:48 EDT DIS Lone Pine gives quarterly update on stakes NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES). 07:05 EDT DIS Netflix continues to lead web usage in North America, AllThingsD reports Subscribe for More Information 06:28 EDT DIS Disney initiated with an Outperform at BMO Capital Target $76. May 13, 2013 18:11 EDT DIS ESPN to expand partnership with Twitter, WSJ reports ESPN and Twitter are set to announce an expanded partnership on Tuesday that will involve ESPN showing video-highlight clips of major sporting events on Twitter, according to a Wall Street Journal report. Reference Link May 12, 2013 18:49 EDT DIS ABC app to let users live stream local programming, NYT says ABC, a unit of the Walt Disney Company (DIS), will unveil the "live" function for its app for iPhones (AAPL) and iPads, allowing users around New York and Philadelphia to live stream all the programming from ABC’s local stations there, says the New York Times. Reference Link 14:16 EDT DIS Disney's ‘Iron Man 3’ tops weekend movie sales again, Bloomberg says Subscribe for More Information May 10, 2013 14:52 EDT DIS Market poised to end week higher as tech helps lead advance Subscribe for More Information 07:08 EDT DIS ESPN considers subsidizing wireless data plans, WSJ reports Subscribe for More Information 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 Sign up for a free trial to see the rest of the stories you've been missing.