Ancora urges Disney shareholders to back Nelson Peltz for board
NEW YORK - Ancora Holdings Group has publicly called on shareholders of Walt Disney (NYSE:DIS) Co. to support the appointment of Nelson Peltz, an activist investor from Trian Fund...
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Activist investor Ancora asks for Trian's Peltz to be put on Disney board - Axios
Investing.com -- Activist investor Ancora is calling on Walt Disney (NYSE:DIS) to place Trian co-founder Nelson Peltz on the board of the entertainment giant, according to an Axios...
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Ancora Backs Nelson Peltz for Walt Disney's Board
Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), which has approximately $8.7 billion in assets under management and is a shareholder of The Walt Disney...
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After Musk tirade, X faces prospect of more advertisers fleeing
By Sheila Dang, Chavi Mehta and Jaspreet Singh (Reuters) -Social media company X faces the prospect of more advertisers fleeing and has no clear fix in sight, ad industry experts said,...
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Walt Disney Declares $0.30 Quarterly Dividend; 1.3% Yield
Walt Disney (DIS) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.The dividend will be payable on January 10, 2024, to stockholders of record on December 11, 2023,...
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Walt Disney turns down Trian request for Board representation - activist investor to take case directly to shareholders
Activist investor Trian Fund Management said Thursday that Walt Disney (DIS) has turned down their request for Board representation.Trian owns approximately $3 billion worth of Walt...
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Walt Disney issues statement in response to Nelson Peltz
The Walt Disney Company (NYSE:DIS) issued the following statement today in response to the statement released by Nelson Peltz, founding partner of Trian, relating to Disney and its...
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Trian Issues Statement Regarding The Walt Disney Company Board
Trian Fund Management, L.P. (together with its affiliates, “Trian” or “we”) beneficially owns approximately $3 billion of stock in The Walt Disney Company (NYSE:DIS) (“Disney” or the...
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Peltz Seeks Two Seats on Disney Board - CNBC
Peltz Seeks Two Seats on Disney (NYSE:DIS) Board - CNBC
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Elon Musk curses out advertisers who left X over antisemitic content
By Sheila Dang (Reuters) - (Note strong language in paragraphs 1 and 9-11) Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to "Go...
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AT&T shares rise modestly in uneven market, outperforming rivals
AT&T Inc. experienced a modest stock price increase yesterday, rising 0.74% to $16.30, in a day that saw mixed market movements. The Dow Jones Industrial Average advanced, closing at...
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China's Xi visits financial hub Shanghai
SHANGHAI (Reuters) - China President Xi Jinping visited Shanghai, where he went to several venues and learned about the city's efforts to strengthen its competitiveness as an international...
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Walt Disney Board Appoints Morgan Stanley’s James P. Gorman and Veteran Media Executive Sir Jeremy Darroch as New Directors
The Walt Disney Company (NYSE:DIS) Board of Directors has appointed James P. Gorman, Chairman and Chief Executive Officer of Morgan Stanley, and Sir Jeremy Darroch, a veteran media...
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Elon Musk, under fire, threatens lawsuit against media watchdog
(Reuters) -Elon Musk threatened on Saturday to sue media watchdog Media Matters and those who attacked his social media platform X, following moves by several large U.S. companies to halt...
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Elon Musk, under fire, threatens lawsuit against media watchdog
(Reuters) -Elon Musk threatened on Saturday to sue media watchdog Media Matters and those who attacked his social media platform X, following moves by several large U.S. companies to halt...
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AT&T shares rise for third straight day in mixed market
NEW YORK - AT&T Inc (NYSE:T). has experienced a notable uptick in its stock value, marking the third consecutive day of gains during Thursday's trading session. The telecom giant's shares...
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Netflix shares rise for third consecutive day amid mixed market movements
NEW YORK - Netflix Inc. (NASDAQ:NFLX) shares climbed for the third straight day, closing at $466.95 on Thursday, marking a 1.08% increase despite a mixed performance in the broader stock...
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Disney, Take-Two, Netflix Show Resilience in Entertainment Sector
NEW YORK - In the face of market headwinds, entertainment giants Disney (NYSE:DIS), Take-Two (NASDAQ:TTWO) Interactive (NASDAQ:TTWO), and Netflix (NASDAQ:NFLX) are standing out as...
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Netflix shares rise for second day as market climbs
NEW YORK - Netflix Inc. (NASDAQ:NFLX) saw its stock price climb by 2.96% on Wednesday, marking a consecutive day of gains against the backdrop of an overall bullish trend in the stock...
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Walt Disney gains on report activist investor ValueAct owns a 'significant' stake
Walt Disney (NYSE:DIS) shares rose 2% in early Wednesday trade after CNBC reported that activist investor ValueAct Capital has a “significant stake” in the media entertainment...
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ValueAct takes stake in Walt Disney , in dialogue with management - CNBC
(Updated - November 15, 2023 9:16 AM EST) ValueAct takes significant stake in Walt Disney (NYSE:DIS), in dialogue with management - CNBCValueAct still growing its...
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Deutsche Bank maintains Walt Disney at 'buy' with a price target of $115.00
An analyst from Deutsche Bank maintained Walt Disney (NYSE: DIS) at 'buy' with a price target of $115.00 from a prior price target of $120.00. Prior to this rating, Walt Disney had 24...
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DZ Bank maintains Walt Disney at 'buy' with a price target of $120.00
An analyst from DZ Bank maintained Walt Disney (NYSE: DIS) at 'buy' with a price target of $120.00 from a prior price target of $115.00. Prior to this rating, Walt Disney had 24 buy...
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Rosenblatt maintains Walt Disney at 'buy' with a price target of $114.00
An analyst from Rosenblatt maintained Walt Disney (NYSE: DIS) at 'buy' with a price target of $114.00 from a prior price target of $103.00. Prior to this rating, Walt Disney had 24 buy...
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Wells Fargo maintains Walt Disney at 'overweight' with a price target of $115.00
An analyst from Wells Fargo maintained Walt Disney (NYSE: DIS) at 'overweight' with a price target of $115.00 from a prior price target of $110.00. Prior to this rating, Walt Disney had...
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Disney earnings top estimates as direct-to-consumer business narrows losses
Investing.com - Walt Disney (NYSE:DIS) reported Wednesday fiscal fourth-quarter earnings that topped Wall Street estimates, as its direct to consumer business raked in more subscribers...
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Goldman Sachs maintains Walt Disney at 'buy' with a price target of $120.00
An analyst from Goldman Sachs maintained Walt Disney (NYSE: DIS) at 'buy' with a price target of $120.00 from a prior price target of $125.00. Prior to this rating, Walt Disney had 24...
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Walt Disney earnings beat by $0.11, revenue fell short of estimates
Investing.com - Walt Disney (NYSE: DIS) reported fourth quarter EPS of $0.82, $0.11 better than the analyst estimate of $0.71. Revenue for the quarter came in at $21.24B versus the...
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US stocks struggle for direction after notching longest win streak in two years
Investing.com -- U.S. stocks took a breather Wednesday, a day after notching their longest longest winning streak in two years as investors continued to digest quarterly earnings and...
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U.S. pre-market indices rise, Ralph Lauren and Biogen post strong earnings
Today, U.S. pre-market indices recorded gains, with Dow, S&P 500, Nasdaq, and Russell 2000 all on the upswing. This marks the longest winning streak for the Dow since July. Additionally,...
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Fed's Powell speaks, Disney reports, Warner Bros.: 3 things to watch
Investing.com -- Stocks rose for a seventh-straight trading day as investors shook off concerns about interest rates. The Federal Reserve is widely expected to keep rates steady at its next...
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Netflix shares continue to rise amid broader market upswing
In the midst of a general market upswing on Monday, Netflix Inc. (NASDAQ:NFLX)'s shares continued their six-day winning streak with a 0.55% surge to $434.74. This uptick occurred during a...
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Stock Market Today: Dow ends higher, but rising Treasury yields keep lid on gains
Investing.com -- The Dow closed slightly higher Monday as a resurgence in Treasury yields kept upside momentum in check ahead of remarks from Fed officials and a slew of corporate earnings...
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Hugh Johnston to take over as Disney's CFO from December 4
In a significant shift in the executive leadership landscape, Hugh Johnston, the long-serving Chief Financial Officer (CFO) at PepsiCo (NASDAQ:PEP), is set to transition to Walt Disney...
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Walt Disney nabs PepsiCo CFO Hugh Johnston as its new finance chief
Walt Disney (NYSE:DIS) announced Monday that it has hired Hugh Johnston, the longtime CFO of PepsiCo (NASDAQ:PEP), as its new finance chief.Johnston has spent 34 years at PepsiCo,...
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PepsiCo names Jamie Caulfield CFO after Johnston leaves for Disney
PepsiCo, Inc. (PEP) today announced that Vice Chairman and Chief Financial Officer, Hugh Johnston, will be leaving the company on November 30. James (Jamie) Caulfield is appointed Executive...
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Walt Disney names Hugh Johnston CFO
Hugh F. Johnston has been named Senior Executive Vice President and Chief Financial Officer of The Walt Disney Company (DIS) effective December 4. It was announced today by Robert A. Iger,...
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Citi maintains Walt Disney at 'buy' with a price target of $110.00
An analyst from Citi maintained Walt Disney (NYSE: DIS) at 'buy' with a price target of $110.00 from a prior price target of $120.00. Prior to this rating, Walt Disney had 25 buy...
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Take Five: You (may) have arrived at your destination
LONDON (Reuters) -This week will have plenty to keep financial market traders and investors busy, including whether the Federal Reserve really has hit peak rates, another possible rate rise...
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Take Five: You (may) have arrived at your destination
LONDON (Reuters) - Next week will have plenty to keep financial market traders and investors busy, including whether the Federal Reserve really has hit peak rates, another possible rate...
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AT&T shares rise amidst strong market, still lag behind competitors
On Thursday, AT&T Inc (NYSE:T).'s stock experienced its fourth consecutive day of gains, closing at $15.73, a 0.96% increase. This positive performance occurred in the context of a robust...
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AT&T shares rise for third consecutive day, outpacing Disney but trailing Netflix and Comcast
In a booming market on Wednesday, with the S&P 500 Index reaching 4,237.86 and the Dow Jones Industrial Average hitting 33,274.58, AT&T Inc (NYSE:T).'s shares saw a notable increase. The...
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Disney set to fully acquire Hulu, contemplates selling ESPN stake
Disney (NYSE:DIS) is poised to take full ownership of Hulu by purchasing Comcast (NASDAQ:CMCSA)'s 33% stake for at least $8.61 billion, as part of an agreement made in 2019. The final...
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Disney to buy remaining stake in Hulu from Comcast's NBCUniversal
Walt Disney (NYSE:DIS) officially announced its acquisition of Comcast's (NASDAQ:CMCSA) one-third stake in the streaming service Hulu, in a widely anticipated development. The deal...
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Fed’s 2% Inflation Stance Causes Dow Drop as Disney and Las Vegas Sands Report Strong Earnings
Federal Reserve Chair Jerome Powell's reaffirmation of the central bank's 2% inflation mandate on Friday, despite high inflation concerns, led to a significant fall in the Dow Jones...
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Walt Disney sports segment margin is 'lumpy' - Bernstein
Walt Disney (NYSE:DIS) released its long-anticipated recast financials for its new reporting structure yesterday evening. Here's how analysts reacted. Barclays analysts said the main...
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