We're upgrading our rating on Disney thanks to a misguided market reaction to earnings

We’re upgrading our rating on Disney thanks to a misguided market reaction to earnings

Disney shares are under pressure Wednesday after the entertainment giant reported mixed quarterly results. We think it’s an opportunity. Revenue in the three months ended June 28 increased 2% year over year to $23.65 billion, missing expectations of $23.73 billion, according to LSEG. Adjusted earnings per share (EPS) in the fiscal 2025 third quarter totaled…

Read More
Judge dismisses Alec Baldwin's lawsuit against New Mexico prosecutors in fatal "Rust" set shooting

Judge dismisses Alec Baldwin’s lawsuit against New Mexico prosecutors in fatal “Rust” set shooting

A New Mexico judge has dismissed a lawsuit filed by actor Alec Baldwin for malicious prosecution and civil rights violations in the 2021 fatal shooting of a cinematographer on the set of the Western movie “Rust.” The judge in a ruling made public Wednesday dismissed the case without prejudice for lack of any significant action…

Read More
San Sebastian Film Fest lineup includes Angelina Jolie fashion drama

San Sebastian Film Fest lineup includes Angelina Jolie fashion drama

July 29 (UPI) — The 73rd annual San Sebastián International Film Festival in Spain announced its competition lineup, including Couture, a fashion drama starring Angelina Jolie and Louis Garrel. The film festival, scheduled for Sept. 19 to 27, announced the Official Selection competition lineup will include director Arnaud Desplechin’s Deux Pianos, Kentaro Hirase and Yutaro…

Read More