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Disney shares drop 3 percent after CEO Iger warns profits will be the same as last year

Discussion in 'Disney Co News & Discussion' started by fractal, Sep 7, 2017.

  1. fractal

    fractal Premium Member

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  2. rob0519

    rob0519 Well-Known Member

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    ford91exploder likes this.
  3. MisterPenguin

    MisterPenguin Premium Member

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    Good. Go away, speculators. Find some other company to pressure to make short term gains. It's a sinking ship! Flee!
     
  4. the.dreamfinder

    the.dreamfinder Well-Known Member

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    Good time to kill the stock buybacks?
     
    ford91exploder likes this.
  5. ford91exploder

    ford91exploder Resident Curmudgeon

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  6. ford91exploder

    ford91exploder Resident Curmudgeon

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    Nope expect MORE buybacks to support the price.
     
  7. ford91exploder

    ford91exploder Resident Curmudgeon

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    Except for the maps its already happening according to the Spirit.
     
  8. the.dreamfinder

    the.dreamfinder Well-Known Member

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    But... but that's throwing valuable cash into a furnace.

    Death spiral?
     
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  9. ford91exploder

    ford91exploder Resident Curmudgeon

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    Share repurchases at the level Disney does them at are designed to support the stock price, If it drops one needs to increase the repurchases to bring the stock price level.

    Where danger really exists is the big banks who are not lending because all their profits are going into share repurchases.

    The old rules on share repurchases need to be reinstated along with Glass-Steigal.
     

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