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Communication Services : Entertainment | Large Cap BlendCompany profile

The Walt Disney Company, formerly TWDC Holdco 613 Corp, is a worldwide entertainment company. The Company operates in four business segments: Media Networks, Parks Experiences and Products, Studio Entertainment, and Direct-To-Consumer and International. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations. The Company's Walt Disney Imagineering unit designs and develops new theme park concepts and attractions, as well as resort properties. The studio entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. The Company also develops and publishes games, primarily for mobile platforms, books, magazines and comic books.

Closing Price
Day's Change
1.79 (1.34%)
B/A Size
Day's High
Day's Low

10-day average volume:

Micron's stock surges to pace chip sector gainers

11:08 am ET July 10, 2019 (MarketWatch)

Shares of Micron Technology Inc. (MU) rallied 4.7% toward a 2-month high in active morning trading Wednesday toward, enough to pace the broader semiconductor sector's gains. Trading volume was 28.7 million shares, just below the full-day average of about 30.4 million shares. Before the open, Micron said it registered for the offering of senior notes, with a "substantial portion" of the net proceeds planned to pay for the purchase of a non-controlling interest in Intel Corp.'s (INTC) IM Flash Technologies LLC and IM Flash debt owed to Intel. Moody's Investors Service said it rated the two new tranches of unsecured senior notes, due 2027 and 2030, at "Baa3," which is just one notch above "junk" status. The outlook is stable. Micron's stock was the biggest gainer within the PHLX Semiconductor Index , of which 25 of 30 components are gaining ground. Micron shares have run up 36.4% year to date, while the chip-sector index has climbed 27.6% and the S&P 500 has advanced 19.3%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 10, 2019 11:08 ET (15:08 GMT)

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