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Club name Disney's dispute with Charter is bad news for both companies

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The Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. Stocks edge down Bad news for Disney Watch Oracle 1. Stocks edge down Equities were mainly lower Tuesday morning, with the S & P 500 and Nasdaq Composite both down around 0.3%.

A permanent shutdown of Disney-owned networks on Charter's cable platforms could result in a hit of about 2% to 3% of Disney's revenues, while denting total company earnings before interest, taxes, depreciation and amortization by 6% to 10%, according to JPMorgan. 3. Watch Oracle Barclays on Tuesday upgraded Club name Oracle to overweight, from equal weight, while raising its price target on the stock to $150 a share, up from $126.

 

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Charter and Disney’s $2 billion dispute: What it means for your favorite media companiesDisney on Thursday yanked ESPN, ABC and Disney Channel, from Charter’s Spectrum cable service.
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