Decliners On Major News: Walt Disney (NYSE:DIS), Twenty-First Century Fox(NASDAQ:FOXA), Keurig Green Mountain (NASDAQ:GMCR), CBS Corporation (NYSE:CBS), Twenty-First Century Fox (NASDAQ:FOX)

The Walt Disney Company (NYSE:DIS) posted record profit in the June quarter, but its revenue missed Wall Street expectations for the first time in two years. It had net income of $2.48 billion, up 11 percent from a year earlier, and revenue of $13.1 billion, just shy of the $13.23 billion projected by industry analysts. The Walt Disney Company (NYSE:DIS) belongs to Services sector. Its net profit margin is 15.80% and weekly performance is -7.77%. On last trading day company shares ended up $110.53. The Walt Disney Company (NYSE:DIS) distance from 50-day simple moving average (SMA50) is -3.39%.

Twenty-First Century Fox Inc. (NASDAQ:FOXA) on Wednesday reported television revenue for its fiscal fourth quarter of $987 million, a 4.3% decrease from the $1.0 billion reported in the same period a year ago. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) shares moved down -7.02% in last trading session and ended the day at $31.92. FOXA Gross Margin is 34.60% and its return on assets is 17.30%. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) quarterly performance is -5.23%.

Keurig Green Mountain, Inc. (NASDAQ:GMCR) Wednesday reported third-quarter net income of $113.6 million or $0.73 per share, down from $155.2 million or $0.94 per share last year. Adjusted earnings for the quarter were $0.80 per share, down from $0.99 per share last year. On 05 August, Keurig Green Mountain, Inc. (NASDAQ:GMCR) shares moved down -2.10% and was closed at $74.98. GMCR EPS growth in last 5 year was 52.70%. Keurig Green Mountain, Inc. (NASDAQ:GMCR) year to date (YTD) performance is -42.90%.

CBS Corporation (NYSE:CBS) reported Q2 revenues of $3.219 billion, which missed our consensus estimate of $3.239 million. CBS was able to beat Zacks Consensus Estimate of $0.72, posting an EPS of $0.74. CBS Corporation (NYSE:CBS) ended the last trading day at $50.42. Company weekly volatility is calculated as 2.53% and price to cash ratio as 75.21. CBS Corporation (NYSE:CBS) showed a weekly performance of -4.16%.

Twenty-First Century Fox, Inc. (NASDAQ:FOX) reported quarterly revenues of $6.21 billion, a $2.22 billion decline from the $8.42 billion of revenues reported in the prior year quarter. Excluding the prior year quarter’s net revenues from the DBS businesses, adjusted revenues decreased $635 million, or 9%, from the $6.84 billion of adjusted revenue in the prior year quarter. This decrease primarily reflects lower revenues generated at the Filmed Entertainment segment partially offset by a 7% increase at the Cable Network Programming segment due to higher affiliate revenues. Twenty-First Century Fox, Inc. (NASDAQ:FOX) shares moved down -6.71% in last trading session and ended the day at $31.16. Twenty-First Century Fox, Inc. (NASDAQ:FOX) quarterly performance is -5.66%.

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