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.
By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
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