Entertainment Diversified: The Walt Disney Company (NYSE:DIS), Viacom (NASDAQ:VIAB), Time Warner Inc (NYSE:TWX), Comcast Corporation (NASDAQ:CMCSA)

Technology Stocks News 1

Walt Disney Company (NYSE:DIS) said on Monday it has struck a deal with its Chinese joint venture partner to increase investment in its upcoming resort and theme park, Shanghai Disney, by an additional $800 million. The Walt Disney Company (NYSE:DIS) stock performance was -0.58% in last session and finished the day at $77.78. Traded volume was 7.52million shares in the last session and the average volume of the stock remained 7.42million shares. The beta of the stock remained 1.29. The Walt Disney Company (NYSE:DIS) insider ownership is 0.10%.

Viacom Inc (NYSE:VIA)‘s stock had its “buy” rating reaffirmed by Pivotal Research in a research note issued on Monday, American Banking & Market News reports. They currently have a $101.00 price target on the stock, down from their previous price target of $103.00. Viacom, Inc. (NASDAQ:VIAB) rose 0.40 percent to $83.77 Monday on volume of 2.25million shares. The intra-day range of the stock was $82.57 to $84.75. Viacom, Inc. (NASDAQ:VIAB) has a market capitalization of $39.70billion.

The spring hits have steered clear of this year’s summer pileup, which begins on Friday with the domestic debut of Sony’s hugely anticipated “The Amazing Spider-Man 2.” “Godzilla,” from Time Warner Inc (NYSE:TWX)’s Warner Bros. and Legendary Pictures, roars into theaters on May 16, followed by Fox’s “X-Men: Days of Future Past” on May 23 and Paramount’s “Transformers: Age of Extinction” on June 27.Time Warner Inc (NYSE:TWX)’s stock on Apr 28, 2014 reported a decrease of -0.18% to the closing price of $65.08. Its fifty two weeks range is $55.71 -$70.77. The total market capitalization recorded $58.09billion. The overall volume in the last trading session was 5.52million shares. In its share capital, TWX has 883.97million outstanding shares.

Comcast Corporation (NASDAQ:CMCSA) announced Monday a series of transactions designed to lower its debt and help clear the way for its acquisition of Time Warner Cable, including the sale of cable systems with 1.4 million subscribers to Charter and the spinoff of an additional 2.5 million subscribers into a new company. On Monday, shares of Comcast Corporation (NASDAQ:CMCSA) advanced 1.43% to close the day at $51.70. Company return on investment (ROI) is 9.70% and its monthly performance is recorded as 5.77%. Comcast Corporation (NASDAQ:CMCSA) quarterly revenue growth is -1.05%.

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