3 Dow Spotlight Movers Making Headlines Now
The Walt Disney Company (NYSE:DIS) was denied its appeal for a new trial in its legal struggle with the creators of the game show Who Wants to Be A Millionaire?, who won a $319 million award against the company in 2010, according to Reuters. Three judges on the United States 9th Circuit Court of Appeals rejected Disney’s appeal of an earlier ruling that denied their motion for judgment as a matter of law, along with a new trial. “Millionaire” creators Celador International filed a suit in 2004, contending that the Disney affiliates Buena Vista Television, ABC, and Valleycrest Productions established deals and arrangements that stole hundreds of millions in expected revenues from Celador.
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General Electric Company’s (NYSE:GE) GE Money Bank, which is GE’s Swiss consumer lending division, could be catching interest from UBS (NYSE:UBS), as two sources to Reuters say that the bank is one of two parties that might purchase it in an acquisition worth up to $1.62 billion.
The Home Depot (NYSE:HD) is expanding its home appliance array to include products from Samsung Electronics America (SSNLF). The appliances will be available for order in Home Depot store locations across the country and on homedepot.com as of December 9th.
Investing Insights: Is Disney’s Stock a Buy After Rising Dividends?