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"Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch, though its debut wasn't the stellar voyage some hoped.
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Dan Colarusso, Reuters; Stephanie Mehta, Fortune Magazine; Joe Weisenthal, Business Insider; and James Stewart, The New York Times provide perspective on the market's fresh highs and focus in on Disney's "magic" second quarter results.
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Larry Haverty, Gabelli Funds; and Anthony DiClemente, Barclays, discuss what's driving Disney's earnings and whether investors can expect consumer confidence to continue to drive profits, as the economy improves.
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*Disney profit beats expectations, Whole Foods ups outlook. NEW YORK, May 8- U.S. stock index futures were little changed on Wednesday, as investors found little reason to push shares decisively one way or the other, following gains that took indexes to fresh highs a day earlier.
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Barton Crockett, Lazard Capital Markets analyst, has the play on the media giant's second-quarter earnings.
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Jaison Blair, analyst and managing director at Telsey Advisory Group, dissects Disney's quarterly earnings and estimates what the growth drivers will be for the coming years.
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David Dietze of Point View Wealth Management discusses Disney and Electronic Arts' latest results and what it means for their stock.
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SAN FRANCISCO, May 7- Electronic Arts Inc forecast fiscal 2014 earnings above Wall Street's expectations as cost cuts take hold and higher-margin digital sales accelerate, lifting the video game publisher's stock 8 percent.
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By Lisa Richwine LOS ANGELES, May 7- Media giant Walt Disney Co. CEO Bob Iger said Disney parks drew more visitors thanks to investments in new attractions such as Cars Land at Disneyland Resort in Anaheim, California, and the expansion of Fantasyland at Walt Disney World in Orlando, Florida.
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Electronic Arts reported earnings that fell short of analyst expectations but revenue and its outlook topped forecasts.
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Disney is looking to the power of planning to help keep people spending at Walt Disney World in Florida. Disney began testing MyMagic+ in Florida in December. RESPONSE: We have known for a really long time that getting our visitors to Walt Disney World to make decisions about where they spend their time before they leave home is a powerful driver of visits per guest.
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Comcast Corp. rose$. 27 or. 6 percent, to $43.05. Walt Disney Co. rose $1.01 or 1.6 percent, to $66.07. Gannett rose$. 08 or. 4 percent, to $20.48.
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Check out which companies are making headlines after the bell Tuesday:
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LOS ANGELES, May 7- Media giant Walt Disney Co. reported an increase in profit that beat Wall Street expectations, boosted by higher attendance at theme parks and the movie box office success of "Oz the Great and Powerful." Adjusted earnings per share rose 36 percent to 79 cents, beating Wall Street expectations of 77 cents, according to Thomson Reuters I/B/E/S.
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LOS ANGELES, May 7- Media giant Walt Disney Co reported an increase in profit that beat Wall Street expectations, boosted by higher attendance at theme parks and the movie box office success of "Oz the Great and Powerful." Adjusted earnings per share rose 36 percent to 79 cents, beating Wall Street expectations of 77 cents, according to Thomson Reuters I/B/E/S.
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Disney reported earnings and revenue that beat Wall Street expectations for the latest quarter, on strength in its parks and recreation and studio businesses. Shares rose after hours.
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LOS ANGELES, May 7- Media giant Walt Disney Co reported higher profit for the fiscal second quarter, boosted by increased revenue at sports network ESPN and the movie box office success of "Oz the Great and Powerful." Net income rose 32 percent from a year earlier to $1.5 billion for January through March, Disney said on Tuesday.
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LOS ANGELES, May 7- Media giant Walt Disney Co. Net income rose 32 percent from a year earlier to $1.5 billion for January through March, Disney said on Tuesday. Diluted earnings per share rose to 83 cents.
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CNBC's Julia Boorstin speaks to Disney's CEO Bob Iger discusses what's driving results, and his expectations for the summer season. "We've seen a steadily improving economy," he says.
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CNBC's Julia Boorstin reports on Disney's Q2 earnings data. The company earned revenues of $10.55 billion.
