Disney gets boost from parks, films as streaming launch looms
(Reuters) - Walt Disney Co beat Wall Street estimates for quarterly profit on Thursday, as strong performance in its flagship theme parks and the box office success of its films like 'The Lion King' and 'Toy Story 4' offset huge investments to launch its streaming service Disney+. Excluding certain items, Disney earned $1.07 per share, above the average analyst estimate of 95 cents per share, according to IBES data from Refinitiv. Shares of the company rose 2.2% to $136 in trading after the bell
(Reuters) - Walt Disney Co
Excluding certain items, Disney earned $1.07 per share, above the average analyst estimate of 95 cents per share, according to IBES data from Refinitiv.
Shares of the company rose 2.2% to $136 in trading after the bell.
(Reporting by Neha Malara in Bengaluru; Editing by Sriraj Kalluvila)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.
MUNICH/FRANKFURT (Reuters) - German police fired water cannon during an anti-lockdown rally in Frankfurt on Saturday and eventually broke up the gathering as rules like wearing masks and socially distancing were not observed. About 600 people from the loosely organized Querdenker movement that opposes the government’s measures to halt the rise in coronavirus infections took to the streets in Frankfurt.
By Christian Hartmann PARIS (Reuters) - A silk shoe that belonged to Marie Antoinette, the last queen of France who was executed during the French Revolution, will go up for auction on Sunday - with a starting price of 10,000 euros ($11,800).
By Juarawee Kittisilpa and Matthew Tostevin BANGKOK (Reuters) - Thailand's King Maha Vajiralongkorn told well-wishers of the importance of unity as he marked the opening of a new railway line on Saturday, after thousands of protesters had turned their backs on his motorcade as it passed through central Bangkok. Around 2,500 demonstrators had gathered at the capital's Democracy Monument in the latest of months of protests against Prime Minister Prayuth Chan-ocha, demanding changes to the constitution as well as reforms of the monarchy. The protesters draped the centrepiece of the monument, which has become a rallying point for the protests, in a cloth covered in grievances and insults