Radar Movers: Disney Surprises with Earnings and Star Wars, HP Break-Up Rumors

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Shares of Disney (NYSE:DIS) jumped more than 1.6 percent in late afternoon trading after announcing quarterly financial results. For the fiscal first quarter, net income excluding items came in at 79 cents per share, topping estimates of 76 cents per share. Revenue increased 5 percent from the prior year to $11.34 billion. While speaking to CNBC, CEO Bob Iger revealed that Disney is working on stand-alone Star Wars films, in addition to Episode 7, 8 and 9.

DIS

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business