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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: aldotcom - 🏆 82. / 68 Read more »