Notable Large Cap Stocks (DIS, Starbucks, Citigroup Inc.)

The Walt Disney Company (NYSE:DIS) added 0.32% to $37.15. The company has signed an agreement with a Shanghai company for the establishment of a Disneyland theme park in the city, bringing its long-planned park in mainland China closer to fruition. Shanghai’s Disneyland is expected to cover around 4 sq km and cost about 25 billion yuan ($3.75 billion), Xinhua said. Disney itself gave no further details. The stock went up more than 15% year-to-date. Starbucks Corporation (NASDAQ:SBUX) jumped 3.93% to $30.92. The company said that it earned $399.3 million, or 37 cents a share, on the period – up from $199.4 million or 20 cents a share, in the same quarter a year ago. Looking ahead, Starbucks said that it now expects 2011 earnings to be in a range of $1.41 to $1.47 a share, up from a previous view of $1.36 to $1.41 a share. At current market price, the market capitalization of the company stands at $22.88 billion. Citigroup Inc. (NYSE:C) went up 1.73% to $4.41. Several Citigroup Inc investors, including Charles Schwab Corp and hedge fund Cambridge Place Investment Management, have sued the bank over its mortgage underwriting processes, Citigroup said in a regulatory filing on Friday. The 52-week range of the stock is $3.11-$5.07. The stock went up more than 32% year-to-date. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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