Disney stock, 'hard hit by coronavirus' already, gets a stinging downgrade
Walt Disney Co. shares were up 1% Thursday despite a stinging research note that downgraded the company’s stock and lowered its price target as it grapples with the spreading coronavirus pandemic.
“We have lowered our revenue and operating profit estimates across all segments, with parks and resorts closures driving the most significant changes,” Morris wrote. “In addition, we anticipate advertising pressure at media networks and lost profits due to the suspension of both feature film production and theatrical releases.”
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Disney Forcing Annual Pass Holders to Continue Paying, but Adding Park DaysDisney's not budging on suspending its APH fees for customers during these trying times.
Leer más »
When will 'The Call of the Wild' come to Disney+?'The Call of the Wild' has been released online early, leaving fans of the Harrison Ford movie wondering when it will be coming to Disney+.
Leer más »
Meghan Markle's Disney 'Elephant' debut panned by critics as 'shallow,' cheesyMeghan Markle's first post-royal gig as the narrator of Disney's upcoming documentary titled 'Elephant' has been dubbed cheesy and 'shallow' by critics ahead of its streaming debut.
Leer más »
New on Disney+: April 2020Here's the full list of what's new on Disney+ this month
Leer más »
Disney Rehires & Furloughs ‘Little Mermaid’ UK Crew After Coronavirus Production ShutdownEXCLUSIVE: Disney has rehired and furloughed crew working on its UK production The Little Mermaid and will utilize the government’s Job Retention Scheme, meaning they will receive 80% of salary up …
Leer más »