Disney Story Intact Following Strong Quarterly Earnings

Disney (DIS) reported strong quarterly earnings earlier this month and the follow-up conference call confirmed operating trends remain excellent across the entire company. The shares sold off a bit when the earnings were reported but have since rallied to their highest level since late April as analysts had favorable commentary and raised earnings estimates for […]

Central European Media Enterprises To Clarify 2005 Guidance

CETV announced last night that they will hold a follow-up conference call tomorrow morning to clarify 2005 guidance provided on the first quarter results conference call held on May 10. The guidance caused confusion, particularly among new shareholders who bought shares on the secondary offering, and led to a sharp drop in the shares. I […]