Walt Disney (DIS) boosted its dividend late Wednesday, and Disney stock was up in early trading on Thursday to a record high, following up on its Monday breakout. Burbank, Calif.-based Disney hiked it dividend by 15% and says it will now pay shareholder dividends twice a year rather than annually. Disney stock was up 1% in the stock market today and rose above 115. Disney stock has risen more than 20% this year and on Monday hit a 113.40 breakout
Apple Pay and Facebook’s (FB) “buy” button could help solve a problem with mobile commerce: Smartphone users tend to browse for products but often don’t pull the trigger to buy. Apple Pay, Apple’s (AAPL) mobile wallet, supports in-store shopping at retail checkout as well as “in-app” purchases for Uber, Groupon (GRPN), Target (TGT), Disney (DIS) stores and others. “There is no support for mobile browser-based payments yet, though I speculate we’ll
The Force was strong with Electronic Arts (EA) at the E3 video game show this week in Los Angeles. Among the major publicly traded game companies, EA stock got the biggest lift from the annual trade show, which ended Thursday. Electronic Arts shares were up 4% from the start of the week through the close of E3, thanks to major positive buzz about its upcoming game “Star Wars: Battlefront.” EA has three new “Star Wars” games coming out that seek to capitalize on excitement surrounding the latest movie in the space adventure series. The Walt Disney (DIS) movie, “Star Wars: The Force Awakens,” is due to open on Dec. 18. EA could sell 9.5 million units of “Star Wars: Battlefront” in its fiscal 2016, which ends March 31, said Piper Jaffray analyst Michael Olson. “We spent hands on time with ‘Star Wars: Battlefront’ and came away impressed,” Olson said in…