Disney stock has risen 256% since Iger's been CEO. Now he'll get a 20% pay raise, $100,000,000 in stock -- and a contract extension.
Disney extends CEO Bob Iger's contract through 2021
http://www.latimes.com/business/Holl...214-story.html
Bob Iger says the Disney-Fox deal will be good for consumers. Not everyone agrees.
Democrats call for hearings on Disney-Fox merger
http://variety.com/2017/politics/new...ar-1202642693/
Analyst says Disney-Fox deal could cost 5,000 to 10,000 jobs
http://deadline.com/2017/12/analyst-...ut-1202227891/
From USA TODAY, December 18:
"One 'A' share of Warren Buffett's Berkshire Hathaway will set you back about $300,000. The conglomerate's most expensive share class reached that milestone this morning for the first time. It has outperformed the S&P 500 this year, rising more than 22% versus the index's 20% gain. It was up more than 1% in trading on Monday."
https://www.usatoday.com/story/money...ime/961981001/
Wayne Duggan thinks the Disney-Fox deal and Disney's new streaming services will hurt, not help, the company. This is from US News & World Report:
Expect Disney earnings to take a big hit
Disney is facing a lot of potential earnings headwinds in coming years.
https://money.usnews.com/investing/s...-disney-co-dis
The new Star Wars film has made more than $820,000,000 in two weeks and a few critics are calling it a flop because it isn't doing as well as the previous Star Wars film. Hey, give it time! This is from The Motley Fool:
Will The Last Jedi sink Disney stock?
Luke Skywalker's return to the big screen isn't beating ticket sales from the previous chapter in the trilogy. Should investors worry?
http://www.fool.com/investing/2017/1...ney-stock.aspx
This is from The Guardian -- and when do I get my share of that $9 trillion?
Global markets end on record high after adding $9 trillion in 2017
Brexit talks progress and Trump tax cuts fuel boom as fears of war in North Korea, upheaval in Europe and bitcoin bubble fail to dampen spirits.
https://www.theguardian.com/business...ng-9tn-in-2017
December was the 14th consecutive month of gains in the S&P 500 index. The S&P was up 19.4% for the year, the Dow was up 25.1% and NASDAQ rose 28.2%. And now.......Happy New Year, investors!
Stocks rise as Wall Street kicks off 2018 on a high note
http://www.cnbc.com/2018/01/02/us-st...he-agenda.html
Rap singer Curtis Jackson III calls himself 50 Cent. Maybe we should start calling him 50 Bitcoin.
50 Cent rakes in millions, thanks to bitcoin
TMZ, Jan 23 2018 11:41 AM
50 Cent took a chance on bitcoin years before anyone knew what cryptocurrency even was -- and it's paid off more than 7 million times over. Rewind to 2014 and 50's album Animal Ambition, when the rapper became the first to accept bitcoin -- which was then valued at around $662/bitcoin -- as payment for his work. We're told customers could get a copy of the album for just a fraction of a whole bitcoin.
Animal Ambition pulled in about 700 bitcoin in sales -- more than $400,000. We're told the cryptocurrency sat dormant in his account for years. Fast-forward to today -- when bitcoin's value has fluctuated between $10,000 and $12,000 per coin. Turns out 50 is a money genius, sitting on anywhere between $7 million and $8.5 million.
http://www.tmz.com/2018/01/23/50-cen...mbition-album/
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