Walt Disney Co will expand its television presence in Russia, one of the world's fast-growing entertainment markets, with a free Disney Channel that will reach about 40 million households with programming for children and families.The entertainment and theme-park company said on Thursday it was buying a 49 percent stake in the Seven TV network from media company UTH Russia. The new, ad-supported Disney Channel will replace Seven TV with Disney shows such as "Phineas & Ferb" and "Mickey Mouse Clubhouse," as well as original Russian programming.Disney did not disclose financial terms, but Russia's Interfax news agency reported the company paid $300 million to purchase the stake from UTH Russia, which will continue to hold the majority share of the channel.The deal was announced after Disney CEO Bob Iger met Russian President Vladimir Putin.
The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company. Shares of DIS traded higher by 3.14% or $1.1/share to $36.15. In the past year, the shares have traded as low as $28.99 and as high as $44.34. On average, 15522200 shares of DIS exchange hands on a given day and today's volume is recorded at 4313641.
NCI, Inc. (NCI) is a provider of information technology (IT), engineering, logistics, and professional services and solutions to Federal Government agencies. Shares of NCIT traded higher by 10.92% or $1.48/share to $15.03. In the past year, the shares have traded as low as $10.98 and as high as $25.24. On average, 58583 shares of NCIT exchange hands on a given day and today's volume is recorded at 19137.
NN, Inc. (NN) operates in three segments: the Metal Bearing Components Segment, the Plastic and Rubber Components Segment, and the Precision Metal Components Segment. Shares of NNBR traded higher by 9.63% or $0.77/share to $8.77. In the past year, the shares have traded as low as $4.69 and as high as $19.39. On average, 225921 shares of NNBR exchange hands on a given day and today's volume is recorded at 104252.
PHI Inc. (PHI) is a provider of helicopter transportation services in the Gulf of Mexico. Shares of PHII traded higher by 3.76% or $0.81/share to $22.34. In the past year, the shares have traded as low as $16.20 and as high as $26.36. On average, 761 shares of PHII exchange hands on a given day and today's volume is recorded at 300.
