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Disney Stock In Focus For April 3 Shareholder Meeting: Does Settlement With DeSantis, New 52-Week High Throw Cold Water On Nelson Peltz's Activist Battle?
Friday, March 29, 2024 - 12:00pm | 1001Media giant Walt Disney Co (NYSE:DIS) saw its stock hit nine-year lows in August 2023. Since that time, shares have rebounded and a key lingering negative item has been settled. With an activist battle ready to play out next week, here's a look at how recent wins by the company could minimize the...
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Jeffrey Sonnenfeld Calls Disney's Bob Iger A Magic-Wielding 'Wizard' Amid Ongoing Proxy Battle
Thursday, March 28, 2024 - 11:02pm | 697The ongoing proxy battle at Walt Disney Co (NYSE:DIS) has seen the company’s CEO, Robert Iger, being described as a “wizard that opens up the door of the Magic Kingdom with genuine magic” by a prominent business analyst. What Happened: Jeffrey Sonnenfeld, a well-known business...
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Disney Board Has Been 'Too Deferential' Towards CEO Bob Iger, Says Expert: Highlights 21st Century Fox Purchase 'Which Was Really Not A Good Acquisition'
Wednesday, March 27, 2024 - 8:12am | 891Media industry veteran Tom Rogers recently expressed his views on the ongoing situation at The Walt Disney Company (NYSE:DIS). Rogers commented on the perceived effectiveness of Disney CEO Bob Iger and the board’s approach to his leadership, particularly in the context of Disney’s...
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Disney Is Focused On The Future, While Nelson Peltz Is 'Looking Backwards,' Says Morgan Stanley's James Gorman
Tuesday, March 26, 2024 - 2:05pm | 634Walt Disney Co (NYSE:DIS) is in the midst of a proxy battle with activist investor Nelson Peltz, who isn't convinced Disney’s management team knows how to bring the magic back to shareholders. On the other hand, Morgan Stanley executive chair and newest Disney board member James...
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Disney Slams Activist Peltz's 'All-Black Cast' Critique: 'This is Exactly Why He Shouldn't Be Near A Creatively Driven Company'
Saturday, March 23, 2024 - 1:46pm | 550Walt Disney Company (NYSE:DIS) has reportedly stated that activist investor Nelson Peltz’s criticism of the company’s focus on movies featuring female and Black actors suggests he is unfit for Disney’s board. Peltz, embroiled in a contentious board battle with...
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Star Wars Creator George Lucas Pledges Support In Activist Battle: The Force Is With Disney
Tuesday, March 19, 2024 - 12:03pm | 630An activist battle against media giant Walt Disney Co (NYSE:DIS) has several investors fighting to make changes at the company. Disney may have secured a key win ahead of its April annual meeting with the force of George Lucas. What Happened: A household name to many movie fans, Lucas founded...
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Once A Trump Critic, Billionaire Investor Nelson Peltz Chooses Ex-President In 2024, Citing Biden's 'Scary' Mental Condition: 'I'm Not Happy About That'
Tuesday, March 19, 2024 - 7:45am | 678In a surprising turn of events, billionaire investor Nelson Peltz has announced his intention to vote for former President Donald Trump in the upcoming 2024 elections. Peltz, who had previously expressed regret for supporting Trump, has now cited concerns about President Joe Biden‘s mental...
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Disney Stock Hits 52-Week High, But Jim Cramer Sees A Red Flag: 'Trimming...Makes A Lot Of Sense'
Wednesday, March 6, 2024 - 12:52am | 533The stock of Walt Disney Co (NYSE:DIS) has reached a 52-week high, but Jim Cramer has advised investors to be cautious. What Happened: On Tuesday, Cramer, the host of CNBC’s “Mad Money,” suggested that it might be time to trim Disney’s stock, reported CNBC. The stock has...
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Disney Activist Battle Rages On With Stock At 52-Week Highs: Can Nelson Peltz 'Restore The Magic'?
Tuesday, March 5, 2024 - 7:51pm | 798An activist battle against leading media company Walt Disney Co (NYSE:DIS) has been in the works for over a year and has escalated in recent months. Here's an update on the battle against Disney and key items an activist battle thinks could help the media giant. What Happened: Activist investor...
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Nelson Peltz Throws Cold Water On Disney As Proxy Battle Heats Up: 'Very Little Meat On The Bones'
Wednesday, February 14, 2024 - 3:37pm | 685Despite Walt Disney Co‘s (NYSE:DIS) string of recent announcements that sent shares higher, activist investor Nelson Peltz still isn’t convinced management knows how to bring the magic back. “They made these announcements like this management team just came into office about a...
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Disney Q1 Earnings Preview: Media Company Battles DeSantis, Musk, Peltz
Monday, February 5, 2024 - 6:36pm | 818Media giant Walt Disney Co (NYSE:DIS) will report first-quarter financial results after market close on Wednesday, Feb. 7, 2024. Here's a look at the earnings estimates, what analysts are saying and key items for investors to watch. Earnings Estimates: Disney is expected to report first-quarter...
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Nelson Peltz Calls Out Bob Iger, Disney Board For Underperformance 'On Every Measure'
Thursday, January 18, 2024 - 1:15pm | 740Trian Partners founder and CEO Nelson Peltz has nominated himself and former Walt Disney Co (NYSE:DIS) CFO Jay Rasulo to Disney’s board as part of his ongoing proxy fight with the entertainment giant. What To Know: Trian Partners previously announced it would nominate two...
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Bob Iger's Success At Disney: New Document Reveals CEO's Biggest Wins According To The Man Himself
Friday, December 15, 2023 - 2:26pm | 818Many companies hold reviews, including self-evaluations, to check the performance of employees and management. A recent legal battle reveals the self-evaluation of Walt Disney Company (NYSE:DIS) CEO Bob Iger, who led the company for 15 years before stepping down in 2020. Here's what Iger, who...
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The Disney Activist Battle's Next Chapter: Nelson Peltz To Nominate Himself, Former Disney CFO To Board
Thursday, December 14, 2023 - 12:54pm | 490Trian Partners founder and CEO Nelson Peltz has announced his latest move in his firm's ongoing proxy fight with Walt Disney Co (NYSE: DIS). What To Know: In a new press release, Trian announced Thursday that it plans to nominate Peltz and former Disney CFO Jay Rasulo to the...
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Bob Iger Vs. Nelson Peltz: A Former Marvel Boss Joins War Over Disney Board
Friday, December 1, 2023 - 2:43pm | 617Activist investor Nelson Peltz has allies in his latest fight against Disney (NYSE:DIS). But so, too, does Bob Iger, the entertainment conglomerate’s CEO. What Happened: Peltz is attempting his second coup to capture seats on Disney’s board of directors. His first effort ended in...