Disney may lose up to $165 million on 'John Carter,' analysts say

theflyonthewall.com submits: The Walt Disney Co. (DIS) is expected to report Q1 earnings after the market close on Tuesday, February 9 with a conference call scheduled for 4:30 pm ET.

EDMONTON — It’s budget day in Alberta, and Premier Alison Redford says that while lean times are ahead, there won’t be any tax hikes. Redford says falling oil prices mean that the level of spending won’t even match the four per cent needed to keep pace with inflation and population growth. She says the budget also sets a new tone on how the government views finances. She says recent budgets have been shortsighted, focusing on deficits and surpluses, red ink and black ink, rather than taking a longer view of building a province.

Walt Disney Studios announced that it is laying off staff to streamline operations.

By TechCrunch: By Ryan Lawler

Disney Channel, under Ross' lead, has been a hothouse for talent and ideas that could be packaged and franchised.