Tomahawk, WI 05/23/2014 (Basicsmedia) – The Walt Disney Company (NYSE:DIS)’s stock is reeling amidst sumptuous profits. The company has registered a 52-Week low price of $60.41 per share, and a 1 Year high price of $83.65/share. In the current scheme of events, DIS is fluttering near the zenith, and predictions are rife that it can surpass the pinnacle any time soon! DIS possesses market capitalization of 142.34 billion, and proposes of notching up earnings worth $3.90 per share.
Banking On The ‘Frozen’ Momentum
The Walt Disney Company (NYSE:DIS)’s ingenuous cultural juggernaut, ‘Frozen’, seems to snowball sumptuous profits; DIS team brought in an actress with exotic, killer voice and hired hit songwriters, to keep more interested heads to stay glued to the telecast. The idea is to bolster the success of ‘Frozen’, such that it never cools off! The DIS media conglomerate expects pronounced income of $1.69 billion (at 95 cents per share), reflecting a measured 21% increase over $1.45 billion, reported in Q2-2013, at 79 cents-a-share.
Year-over-year, The Walt Disney Company (NYSE:DIS)’ second quarter earnings plummeted up 30% to $1.08/share in Q2-2014, from $0.83-a-share in 2013. Net revenues also increased 10% from $10.5 billion in 2013 to $11.6 billion in Q2-2014. The media unit grew 4%, resorts and parks 8% and the company gained 16% from consumer products.
OMD Seals The Social Media Deal
Meanwhile, on May 21, 2014, OMD sealed a deal, of handling The Walt Disney Company (NYSE:DIS)’ social media account in the Middle East. This prudent step has been taken by DIS in order to fan out its base, over a wide gamut, across MENA; both English and Arabic need to be used quintessentially, to wreak paramount magic – interacting with the fans on social media. Didier Vanneste, the country head of DIS, spoke with immense conviction that OMD has the potential and creative intent to blend exquisite creativeness with science and present the product to the masses. Hence, he considers OMD ideally suitable to voice Disney’s voice on Social Media and acquire a vast MENA fan base.
Feud Strikes – Over $400 Million
Despite the recent successes and whopping sales of the ‘Frozen’ merchandise, accusations of mental incompetence, misconduct, ignorance and financial conspiracy are floating around. The insinuated Michelle and Brad Disney Lund are battling over their combined inheritance worth $400 million! As the profits soar and stocks roar, emotions pave way for an unprecedented family feud!