Stocks closed near their lows Thursday after crawling along the flatline for most of the session in lackluster trading, as investors paused after the recent market run-up and ahead of the Federal Reserve's policy-setting meeting.
Disney buying back $6 to $8 billion in shares is a big number...it's about five percent of the $117 billion market cap of the company.
Disney will increase its stock buybacks to $6 billion to $8 billion in fiscal 2014, Chief Financial Officer Jay Rasulo told investors on Thursday.
Disney is planning a big stock repurchase, with CNBC's Bob Pisani and Julia Boorstin. Richard Greenfield, BTIG analyst, discusses the company's confidence.
Check out which companies are making headlines after the bell Tuesday:
The Miley Cyrus ticket market is open for trading, and may provide a glimpse into economic value of her VMA performance.
Americans have been willing to make the big investment and spend a day, or a week, having some fun at Walt Disney World and Universal Studios.
CBS and TWC didn't reveal the terms of their deal, but it definitely offers a host of implications about the value of content.
"Putting together a top-notch portfolio is a lot like building a terrific fantasy football team,” said the Mad Money host. Who's playing for Cramer?
CBS won large increases in the fees it will receive from Time Warner Cable in its agreement with the cable operator, analysts said.
September is historically the worst month for stocks, but this year, the calendar is a minefield for markets.
Here in Hollywood, summer ticket sales are being summed up with a single word: blockbuster.
What if celebrity were measured like stocks? Then Hannah Montana is a loser and Miley Cyrus, twerks and all, is the winner.
Despite massive bombs at the box office, this summer had 15 movies that earned over $100 million, compared with 13 last year.
To paraphrase from a popular movie: A million dollars isn't cool. You know what's REALLY cool? One hundred billion dollars.
Foreign returns on superhero movies are now underwriting the future of those lucrative franchises.
Google's potential bid for rights to the NFL's "Sunday Ticket" package would be a game changer, Pete Najarian says.
It brings together characters from far-flung Disney and Pixar worlds in an unprecedented mashup, and it ditches a strategy of creating stand-alone console games.
Disney is making a huge bet on a new video game platform that allows gamers to create and play in custom-built worlds, reports CNBC's Julia Boorstin.
Yes, it is all about "me me me" and kids today say, "You know what? That's not such a bad thing." Here's why.