On Monday, Walt Disney Co (NYSE:DIS)’s shares declined -1.06% to $106.58.
Walt Disney Records releases the original motion picture soundtrack for Star Wars: The Force Awakens. The album features a new score conducted and composed by five-time Academy Award®-winning composer John Williams and liner notes by the film’s director, J.J. Abrams.
Lucasfilm and visionary director J.J. Abrams join forces as Star Wars returns to the big screen with Star Wars: The Force Awakens releasing in U.S. theaters recently.
Oscar®-winning composer John Williams’ ubiquitous Star Wars “Main Title” theme has become part of popular culture since it was first heard accompanying Star Wars: A New Hope in 1977. It is no surprise that Williams’ orchestral compositions for Star Wars are among the most beloved and recognizable themes in cinematic history, from the classic “Main Title” theme introduced in Star Wars: A New Hope to the ominous “Imperial March” from Star Wars: The Empire Strikes Back to the stirring “Duel of the Fates” from the prequel trilogy.
After creating the scores for all six of the previous Star Wars films, Williams returns to compose and conduct his signature sweeping music for The Force Awakens. “I’ve loved doing the Star Wars films with all their fanfares and flourishes,” says Williams. “I actually feel as though I am still in the galaxy far, far away. I really never left it, having worked on all of the films. I’m happy to be ongoing to be part of the whole fun of doing it.”
The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates broadcast and cable television network, domestic television stations, and radio network and stations; and is involved in the television production and television distribution operations. Its cable network comprise ESPN, Disney Channels, and ABC Family, in addition to UTV/Bindass and Hungama.
Wells Fargo & Co (NYSE:WFC)’s shares gained 0.48% to $54.05. With its recent share price change, WFC market value has reached roughly $274.90 billion. The company has a Profit Margin (ttm) of positive 44.30%. The operating profit margin is 87.70%. The stock’s performance in 1 month is -3.48% and its volatility for the same period is 2.09%.
Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.
Ross Stores, Inc. (NASDAQ:ROST)‘s shares surged 1.62% to $53.81.
A.M. Best has commented that the financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” of Zurich Insurance Company Limited (ZIC) (Switzerland) and its rated associates are unchanged following the declaration that Zurich Insurance Group Ltd’s (Switzerland) U.S. non-life partner, Zurich American Insurance Company (ZAIC) (New York), will acquire 100% of Rural Community Insurance Agency Inc. (RCIA) and its wholly owned partner, Rural Community Insurance Company (RCIC) (Anoka, MN), together known as Rural Community Insurance Services (RCIS) from Wells Fargo & Company (Wells Fargo) (WFC), a financial services organization in the United States.
This rating commentary follows Zurich’s declaration on 18 December 2015, that the group has reached a definitive agreement to acquire a 100% stake in RCIS, which will be funded with cash for a value of about USD 675 million. A.M. Best believes that the scale of the acquisition is unlikely to have a negative impact on Zurich’s rating fundamentals. RCIS wrote gross written premium (GWP) of about USD 2 billion contrast with Zurich’s stated GWP of USD 55 billion in 2014. ZAIC is fully owned by ZIC, the main operating company of the Zurich group of companies (together known as Zurich), whilst RCIS is ultimately owned by Wells Fargo.
The transaction is in line with Zurich’s planned objectives to precedingitise investments in business segments where the group maintains a distinct competitive advantage. The purchase is predictable to exceed Zurich’s hurdle rate of 10% return on investment in 2017, thereby enhancing the diversity of the group’s General Insurance portfolio and strengthening its earnings. The acquisition of RCIS is aligned with the group’s formerly declared plans to deploy about USD 3 billion of excess capacity by 2016.
Ross Stores, Inc., together with its auxiliaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.