Disney (DIS) shares declined Tuesday after the entertainment giant's top executive reportedly said fourth-quarter streaming subscription growth would be lower than expected due to headwinds related to the COVID-19 pandemic.
Shares of Disney were down 4.2% to 171.17 at closing.
CEO Bob Chapek said Disney expects to add “low single-digit millions” of streaming subscribers in the fourth quarter, according to CNBC.
Chapek, who made his comments at the virtual Goldman Sachs Communacopia Conference, said “mobilizing....More>>>
GreenSky (GSKY Quick QuoteGSKY ) shares soared 53.2% in the trading session on Sep 15 to close at $11.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock’s 2.5% loss over the past four weeks.
This increased investor optimism can be attributed to the news of its merger with Goldman Sachs (GS) for $12.11 per share, representing a transaction value of $2.24 billion.
Price and Consensus
This financial technology company is expected to post quarterly earnings of $0.13 per share in its upcoming....More>>>
Seek Capital — the family office of billionaire Simon Nixon — is doubling up on its cryptocurrency investment efforts.
What Happened: According to a Bloomberg report, Seek Capital's Managing Director Adam Proctor said that the firm plans to increase its “allocation to crypto as we feel it is an important area for the future.”
To achieve this, the office is now looking to hire an analyst dedicated to the crypto market.
Why It Matters: The interest in cryptocurrencies showed by family offices around the world has purportedly grown this....More>>>
UBS Group set a €34.00 ($40.00) price target on Uniper (ETR:UN01) in a research report released on Thursday, Borsen Zeitung reports.
UN01 has been the subject of several other research reports. JPMorgan Chase & Co. set a €33.50 ($39.41) price target on Uniper in a research note on Wednesday, August 11th. Royal Bank of Canada set a €29.50 ($34.71) price target on Uniper in a research note on Thursday, August 26th. Berenberg Bank set a €32.00 ($37.65) price target on Uniper in a research note on Wednesday, August 4th. Credit Suisse Group set a €28.10....More>>>
To us, the definition of blue-chip stocks are those that have raised dividends for at least 10 years in a row, and currently have safe dividend payouts. These dividend stocks endured recessions and difficult operating environments and were still able to increase payments to shareholders.
Most dividend growth investors are familiar with the usual suspects such as Johnson & Johnson (NYSE:JNJ) and Walmart (NYSE:WMT) .
There are many stocks, however, that don’t get discussed much in financial media that have lengthy dividend growth track records and also have the potential....More>>>