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Disney to pull movies from Netflix and launch its own streaming service

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The service will feature approximately "10,000 live regional, national, and worldwide games and events a year, including Major League Baseball, National Hockey League, Major League Soccer, Grand Slam tennis, and college sports". Netflix's exclusive agreement for Disney's movie titles in the USA began in September past year. The service's initial lineup will include Toy Story 4, Frozen 2 and the live-action adaptation of The Lion King . Read More »

Analysts' Activity: Eldorado Gold Corp (EGO)

The institutional investor held 8.54 million shares of the precious metals company at the end of 2016Q4, valued at $136.43 million, down from 15.04M at the end of the previous reported quarter. Shareholders of record on Thursday, August 31st will be given a $0.03 dividend. The firm earned "Outperform" rating on Tuesday, August 25 by Scotia Capital. Read More »

Badgers LB Jack Cichy suffers torn ACL, out for season

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From walk-on to captain it's been an unreal experience. Cichy was sort of a late bloomer with the Badgers. Cichy's injury will leave a large gap at the linebacker position, especially with the likes of Vince Biegel and T.J. Cichy, a senior, has dealt with other injuries in his career, missing seven games last season after tearing a pectoral muscle. He was named to numerous watch lists before the 2017 season, including the Bednarik and Butkus Awards. Read More »

Is Piedmont Office Realty Trust, Inc. (PDM) Hold Now?

Finally, TheStreet upgraded Cedar Realty Trust from a d+ rating to a c rating in a report on Friday, May 5th. The rating was maintained by S&P Research on Wednesday, September 16 with " Buy ". About 55,852 shares traded. Amica Pension Fund Board Of Trustees owns 17,626 shares or 0.3% of their U.S. portfolio. Northwestern Mutual Wealth Mngmt holds 378 shares. Read More »

USA stocks close lower after President Trump's remarks to North Korea

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The U.S. planes, which are capable of carrying nuclear bombs, followed up the drills with Japan with a separate exercise with South Korean Forces, the ASDF said . Evidently, many investors believe the market will do just fine even if Trump fails to deliver on his promise of "massive" tax cuts. "My heart is pumping right now". Read More »

Kohl's Corporation (NYSE:KSS) Sees Unusual Volume Mid-Session

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Kohl's Corporation's dividend payout ratio (DPR) is now 64.14%. Analysts polled by research firm Consensus Metrix had estimated a 3 percent drop at Macy's and 1.5 percent at Kohl's. Dimensional Fund Advisors LP now owns 4,809,881 shares of the company's stock valued at $191,493,000 after buying an additional 1,567,414 shares during the last quarter. Read More »

London Underground will get 4G connectivity by 2019

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Businesses and residents in many parts of the capital - including areas such as the City of London, Rotherhithe and Westminster - still struggle to receive fit-for-purpose broadband services, in spite of London's status as one of the world's leading centres for tech and digital development . Read More »

Lego appoints new CEO to replace interim boss

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Niels Christiansen, former head of Danfoss, will replace Bali Padda, the company's first foreign CEO. Mr Christiansen will take up the role on October 1. "It could easily have taken two to three years", he said, adding that while it was not essential to have a Dane leading Lego, it was important to understand its roots. Read More »

Disney Paid $177 Million to Settle $5.7 Billion Lawsuit with BPI

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Meanwhile, Beef Products appears set to collect significantly more than the $177 million figure, which came to late this week when Disney stated quarterly earnings. Disney's decision to settle will likely alarm free speech advocates who argue the lawsuit sought to silence legitimate reporting about the food industry. Read More »

Bank of England notes will continue to contain animal fat

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A publication consultation found that, of the 3,554 people who responded, 88 percent were against using animal products and 48 percent weren't so keen on palm oil. "Polymer is also stronger than cotton-paper and so notes will last longer, remain in better condition and deliver environmental benefits". The polymer notes contain a tiny amount of tallow, which is commonly found in soap and candles, due to the production process. Read More »

Department store chains see key sales figures fall again

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Kohl's same-store sales retreated 0.4% in its latest quarter, less than the 2.7% decline in the first quarter and the 1.5% expected by analysts. Still, President and CEO Kevin Mansell said foot traffic increased during the quarter. Net income attributable to Macy's shareholders rose to $116 million, or 38 cents per share, in the second quarter ended July 29 from $11 million, or 3 cents per share, a year earlier. Read More »

Blackstone, Starwood Merging Rental Home Businesses

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Private-equity firm Blackstone , which owns 70 percent of Invitation Homes , will own 41 percent of the merged entity. Colony Starwood Homes (NYSE: SFR ) last posted its earnings results on Monday, May 8th. The stock was sold at an average price of $34.69, for a total value of $135,194,561.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website . Read More »

Shares slip, yen and gold gain as Korea tensions escalate

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Trump's comments came after a Washington Post report (https://www.washingtonpost.com/world/national-security/north-korea-now-making-missile-ready-nuclear-weapons-us-analysts-say/2017/08/08/e14b882a-7b6b-11e7-9d08-b79f191668ed_story.html?utm_term=.0938becb046e) that North Korea has built a miniaturized nuclear warhead. Read More »

Blue Apron reports major loss despite customer growth

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Blue Apron Holdings Inc reported a net loss of $31.63 million during its second quarter of 2017. Blue Apron said it expects about 470 workers will not be transferring to the new location. Amazon's moves include its industry-altering deal to buy upscale grocer Whole Foods Market Inc and a trademark it registered last month for a possible meal-kit service. Read More »

Who Is the French Billionaire Making a Play for Charter Communications?

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Altice has not formally made an approach and may not proceed, according to multiple people close to the Luxembourg-based, Netherlands-listed group. A spokeswoman for Altice USA declined to comment Wednesday on the reports. However, shares in its parent company Altice NV dropped 5.2 per cent to €19.65 in Amsterdam trading. The report follows others indicating that Japan's SoftBank, which owns Sprint , also might bid for Charter. Read More »

UAE denies airspace transit for Qatar aircraft

The New York Times was only "half" right in saying that UAE competed with Qatar to host a Taliban embassy, according to UAE Ambassador to the United States Yousef Al Otaiba. A spokesman for the Montreal-based International Civil Aviation Organization said that the flight corridors include existing as well as new "temporary or contingency" routes for Qatar Airways. Read More »

Disney Sued for Spying on Kids Through Apps

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The lawsuit claims that the alleged data collection is a violation of the 1999 Children's Online Privacy Protection Act ( COPPA ), which requires parental consent for data to be collected on children aged 13 and under. The Washington Post reports about the Class Action suit which relates to 42 Disney apps. In 2013 the FTC added locations and IP addresses to the list of data that is rendered confidential by the Act. Read More »

Disney shares drop as investors weigh risks of new streaming plans

Disney will draw on its own content from its film and television catalog for its consumer channel, and offer a sports service which could fill a gap by delivering live sporting events. Those series will apparently not be impacted by Disney creating its own streaming service. Disney CEO Bob Iger said that the move is "a strategic shift in the way we distribute our content". Read More »

Virgin Australia to roll out wi-fi across core fleet

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Virgin will also be the first Australian airline to offer Internet access on their worldwide flights, though there will apparently not be a free tier on these flights - though Virgin hasn't advised what speeds will be offered. The basic access domestically will be free, with an expected speed boost plan coming at a price. "But then clearly, depending on what the guests want they can upgrade that to further access". Read More »

Plug Power, Inc. (PLUG) Upgraded to "Hold" at BidaskClub

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The average revenue per share growth rate of Plug Power Inc. during the past 12 months was -23.5 percent. ValuEngine upgraded shares of Plug Power from a "sell" rating to a "hold" rating in a research note on Friday, July 7th. (NASDAQ: PLUG ) opened at 2.14 on Thursday. TRADEMARK VIOLATION NOTICE: This piece was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. Read More »

Featured Stock Overview: The Coca-Cola Company (KO)

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Having a price of $41.10, Coca-Cola European Partners plc Ordinary Shares (NYSE: CCE ) traded -1.44% lower on the day. According to Zacks , "Coca-Cola reported better-than-expected second-quarter 2017 results". $87,104 worth of Alexion Pharmaceuticals, Inc. Eberly Ceree sold $1.74 million worth of stock. The insider Andrekovich Mark sold $330,819. 87,800 shares were sold by SMITH BRIAN JOHN , worth $3.81M on Wednesday, May 10. Read More »

Rising North Korea Tensions Rattle Markets; Treasuries Rise

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The Australian dollar, which rose to a 19-month high near 90.00 yen late in July, was down 0.7% at 86.67 yen after slipping to a one-month low of 86.23 yen. The dollar index, which measures the U.S. currency against a basket of major peers, slipped 0.1 percent as U.S. Treasury yields fell. Against the dollar, the franc surged 0.6 percent to 0.9688 francs, reversing a two-week losing streak. Read More »

Reserve Bank keeps OCR at 1.75 per cent

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The central bank's monetary policy stance remained neutral. A flood of returning expats and new migrants has bolstered the working age population helping to keep a lid on wage growth and other changes in the labour market were compounding that inflation outlook, with globalisation and technological displacement, weaker bargaining positions for employees and reduced unionisation potentially putting making job security more important than higher salaries, Wheeler said. Read More »