Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
Comcast (CMCSA) is hoping to steal Fox (FOX-A) away from Disney (DIS). The Wall Street Journal reports that Comcast is waiting to see how Fox justifies its $52.4B deal with Disney to shareholders before possibly making a new offer. Last year, Fox rejected Comcast’s $60B bid amid concerns it wouldn’t pass muster with regulators.
China’s Alibaba (BABA) has signed a deal with Disney (DIS) to release Disney shows on its Youku streaming platform. According to Baba, Youku gets about 1.2 billion views each day. The move is expected to bolster Disney’s standing abroad after years of struggling to get its content in China. Terms of the deal were not disclosed.
Ford (F) is revving up its SUV production targets by 25% amid strong demand for its Lincoln Navigator and Ford Expedition. Ford is taking on rivals GM (GM) and Chrysler Fiat (FCAU) in the SUV market as it tries to improve its profit margins. Shares of Ford are down about 14% so far this year.
Instagram (FB) wants to be more like Snapchat (SNAP). The app is testing a feature that shows when users take screenshots of someone else’s story. Instagram users will now get a warning telling them the next time they take a screenshot, the other user will be notified. This has been a staple on rival Snapchat since its inception.