Early Market News: Walt Disney Co. (NYSE:DIS), Cisco Systems Inc. (NASDAQ:CSCO), FedEx (NYSE:FDX)

Here is another collection of breaking news stories which may affect companies as trading continues later. The following listed companies should see some movement: Walt Disney Co. (NYSE:DIS), Cisco Systems Inc. (NASDAQ:CSCO), FedEx (NYSE:FDX). Here is a more detailed look at the news that will affect each company when trading continues. Walt Disney Co. (NYSE:DIS) The Walt Disney Co (NYSE:DIS) has signed a deal with a Shanghai company to build a Disneyland. This agreement is for the establishment of a Disneyland theme park in the Shanghai city. Shanghai’s Disneyland is expected to cover around 4 square km and cost about 25 billion Yuan ($3.75 billion). Disney received approval to build a Disney theme park in Shanghai a year ago, but discussions about the specifics have been ongoing and few details have been released publicly. Disney has long sought to build in Shanghai, a wealthy city of about 20 million people that is ringed by the prosperous Yangtze Delta, home to tens of millions more potential visitors. Cisco Systems Inc. (NASDAQ:CSCO) Cisco Systems Inc. (NASDAQ:CSCO) has joined a third round of funding for Washington-based Apptio. Apptio provides on-demand technology business management products. Through the collaborative relationship, Apptio hopes to benefit from Cisco’s extensive sales reach, executive relationships, and expertise across data center virtualization, borderless networks and collaboration technologies. The company said, "The collaboration is expected to enable Cisco to immediately provide customers with holistic business management capabilities for its solutions, including advanced decision analytics to improve IT cost and performance.” FedEx (NYSE:FDX) A Former FedEx (NYSE:FDX) employee has been accused of robbing a delivery truck. Michael Walter Rouxel, 29, of Lakeland, is currently being held at the Polk County Jail for Largo investigators have charged him with armed robbery with a firearm, and two counts of grand theft. On Oct. 27, Rouxel entered a FedEx delivery truck and began rummaging through boxes when the driver showed up, after having made a pick up from an area business. Rouxel was a former driver for FedEx and was familiar with the route. We could see more movement when trading continues for Walt Disney Co. (NYSE:DIS), Cisco Systems Inc. (NASDAQ:CSCO) and FedEx (NYSE:FDX).
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