Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Salomon: 'Buy' Disney on WWII Film

Salomon Smith Barney upgraded Walt Disney Group (DIS) to buy from outperform.

Analyst Jill Krutick says the psychological impact of a film like Pearl Harbor could add credence to its turnaround story and could lift the gloom that has settled upon Disney by allowing its stock to catch up to its peers.

Krutick estimates Pearl Harbor could add anywhere from $0.02-$0.25 to Disney's EPS over the next two years. In addition, she says Disney will launch an aggressive new prime-time lineup for its ABC network, faces easy 2002 comparisons in consumer products and could benefit from the improving economic backdrop. She adds Disney's valuation undemanding at current levels, trading at an EV/EBITDA multiple of 14.1 times -- a 12% discount to the entertainment group average of 16 times.

blog comments powered by Disqus