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I Am Iron Man: Disney CEO Compares Himself To Marvel Superhero
Tuesday, May 10, 2022 - 6:07pm | 370The CEO of a publicly traded company took the opportunity to compare himself to one of the most famous superheroes of all time during a graduation speech. What Happened: Bob Chapek, CEO of The Walt Disney Company (NYSE: DIS), received an honorary doctorate and gave a commencement speech at Indiana...
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Disney Drama: Why Bob Iger And Bob Chapek Are No Longer Friendly
Monday, March 21, 2022 - 2:33pm | 678The CEO of the House of Mouse and his predecessor reportedly had an intense falling out. Here’s what led to the division between the two executives. What Happened: Since taking over as the CEO of Walt Disney Co (NYSE: DIS), Bob Chapek has distanced himself from former boss Bob Iger. It was...
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Shanghai Disneyland Resort Temporarily Closes Due To COVID-19 Surge: Could It Hurt The Mouse's Growth Momentum?
Monday, March 21, 2022 - 11:18am | 391An international theme park is closing temporarily due to a surge in COVID-19 cases. Here’s a look at what the move could mean for The Walt Disney Co (NYSE: DIS). What Happened: Shanghai Disneyland Resort is temporarily closing due to a surge in COVID-19 cases in China. Shanghai is one of...
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Have You Ever Wanted To Live Inside A Disney Park Or Fairytale? New Real Estate Development Could Make That A Reality
Thursday, February 17, 2022 - 3:50pm | 585Walt Disney Co (NYSE: DIS) has its eyes set on real estate as another area of growth for the company in the future. What Happened: Storyliving by Disney was unveiled by Josh D’Amaro, the chairman of Disney Parks, Experiences and Products, in a video highlighting the first location and future...
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Disney Q1 Earnings Highlights: Parks Segment Up 100%, Disney+ Hits 129.8M Subscribers, ARPU Increases
Wednesday, February 9, 2022 - 5:48pm | 478Walt Disney Co (NYSE: DIS) reported fiscal first-quarter financial results after market close Wednesday. Here are the key details. What Happened: Disney reported first-quarter revenue of $21.8 billion, up 34% year-over-year and ahead of a consensus estimate of $18.6 billion, according to Benzinga...
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Can You Vape At Disneyland? Here's The Risk
Tuesday, December 28, 2021 - 11:01am | 1326By WeedMaps News' Lindsey Bartlett, provided exclusively to Benzinga Cannabis. Disneyland is often referred to as the “Happiest Place on Earth,” but for adults aged 21-and-up, couldn't it be happier? Anecdotes of people getting busted for their vape pens at Disneyland and Disney...
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Disney Charging For Fast Passes At Theme Parks, Could This Help The Theme Park Segment Recover Faster?
Sunday, August 22, 2021 - 5:14pm | 640The Walt Disney Company (NYSE: DIS) was one of many that saw a huge decline in attendance during the COVID-19 pandemic. The company’s theme park segment is showing signs of a recovery due to soaring demand as the parks reopen. The segment could be in for record revenue when at 100% capacity...
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Disney Launches All-In-One Genie App To Enhance Experience Of Park Visitors
Thursday, August 19, 2021 - 4:05am | 317Walt Disney Co. (NYSE: DIS) has launched Genie, a new app for visitors to its theme parks in the United States. What Happened: The company said that Disney Genie, a free digital trip-planning tool, will be built into the My Disney Experience and the Disneyland apps. The service, to be launched this...
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Disney's Back In Business Thanks To Its Enduring Magic
Monday, August 16, 2021 - 10:02am | 1010Although the parks alone are not yet profitable, the parks, experiences and products segment returned to profitability for the first time since the Covid pandemic began for Walt Disney Company (NYSE: DIS) who is finally recovering from an invisible enemy that crushed its perfectly exposed business...
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Earnings Magic: Disney Provides Reopening Optimism With "Bullish" Theme Park Results
Friday, August 13, 2021 - 10:14am | 2417When it comes to reopening, there aren’t many better barometers than Disney (NYSE: DIS). From theme parks to movie theaters to resorts, the company has a finger in lots of pies. That may be why last night’s strong quarterly performance from DIS appears to be giving Wall Street...
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Did DIS's Open Theme Parks Bring The Magic Back To Earnings?
Tuesday, August 10, 2021 - 1:13pm | 1828If there was ever a time when Walt Disney (NYSE: DIS) needed a happy ending to a rough 12 months, it might be now. But this fairy tale isn’t over quite yet. There doesn’t seem to be enough magic in the world to totally do away with the pandemic that blew the park earnings...
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Is Now The Time To Buy Stock In Microsoft, Disney, Apple Or Nike?
Saturday, March 27, 2021 - 9:56am | 439One of the most common questions traders have about stocks is “Why Is It Moving?” That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. Here’s the latest news and updates for...
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Disney Says It Will Lay Off About 32,000 Employees In 2021
Friday, November 27, 2020 - 12:55pm | 347Media and entertainment giant Walt Disney Co (NYSE: DIS) confirmed in a regulatory filing update that approximately 32,000 employees will lose their jobs in the first half of 2021. What Happened: Disney's job cuts will mostly impact employees in its Parks, Experiences and Products business...
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Disney's Stock Rips On Q4 Sales Beat, 73.7M Streaming Subscribers
Thursday, November 12, 2020 - 5:36pm | 464Walt Disney Co (NYSE: DIS) reported fourth-quarter earnings, which saw a continued impact from the COVID-19 pandemic hitting several lines of the business. Earnings: Revenue for Disney was $14.71 billion in the fourth quarter, which beat the street consensus of $14.2 billion. The company...
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Disney Furloughs More Theme Park Workers In California: Report
Tuesday, November 10, 2020 - 2:17am | 287Walt Disney Co (NYSE: DIS) is furloughing employees at its Southern California theme park in addition to the previously-announced 28,000 job cuts, according to Reuters. Executives, salaried employees, and hourly workers would be reportedly affected but the exact number is unknown. What...