NEW YORK, NY / ACCESSWIRE / November 13, 2017 / Disneyland shares continued to cruise higher on Friday after announcing earnings last week and some exciting news about a live-action "Star Wars" television show. Shares of Equifax also saw a slight gain after revealing a gain in its third-quarter profit despite the massive data breach costs.

RDI Initiates Coverage on:

The Walt Disney Company
https://rdinvesting.com/news/?ticker=DIS

Equifax Inc.
https://rdinvesting.com/news/?ticker=EFX

The Walt Disney Company shares closed up 2.05% on Friday with almost 17 million shares traded. The company released its earnings last week as well as announced that its streaming service it will be launching later will have less content in the beginning than Netflix and will cost less. The company also announced it would be developing a new "Star Wars" live action TV show. CEO Bob Iger said, "I can say that our plan on the Disney side is to price this substantially below where Netflix is. That is in part reflective of the fact that we'll have substantially less volume. We see a Disney customer base out there that we're going seek to attract with pricing that is in line with the balance, the quality of the brand and franchises that are in there that also takes into account the volume. That will give us an opportunity to grow in volume and to have the pricing over time reflect the added volume as this product ages." In other news, several Disneyland guests have contracted Legionnaires' disease. According to Orange County Health Care Agency, 12 people, aged 52 to 94, contracted the bacteria that causes the disease in September.

Access RDI's The Walt Disney Company Research Report at:
https://rdinvesting.com/news/?ticker=DIS

Equifax Inc. shares closed down a modest 0.19% on Friday with a little over 2.1 million shares traded. The company released its first quarterly report last week since it revealed the massive data breach that compromised more than 145 million Americans. For the quarter, profit saw a drop of 28% from the year-ago quarter, but the company still saw a 6% gain after wiping out the $87.5 million that was in costs of the breach for its adjusted earnings metric. It's looking rather bleak for the company's outlook as Equifax said in a statement, "We expect to incur significant legal and other professional services expenses associated with the cybersecurity incident in future periods. We will recognize these expenses as services are received." The company is facing over 240 class-action lawsuits over the breach. Shares are down nearly 8% this year.

Access RDI's Equifax Inc. Research Report at:
https://rdinvesting.com/news/?ticker=EFX

Our Actionable Research on The Walt Disney Company (NYSE: DIS) and Equifax Inc. (NYSE: EFX) be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com