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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 CEO Bob Iger Says Ad-Supported Disney+ Saw 'Great Start' With 1K Global Advertisers
Thursday, February 8, 2024 - 12:00am | 592In its first quarter 2024 earnings call, The Walt Disney Company (NYSE:DIS) CEO Bob Iger highlighted the success of the ad-supported Disney+ offering, which has attracted over 1,000 global advertisers in its first quarter. What Happened: Iger, in the earnings call, highlighted the strong...
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Can 2024 Be Disney's Turnaround Year? Chart Signals Bullish Trend As Bob Iger's Turnaround Plan Unfolds
Friday, January 5, 2024 - 9:46am | 609The Walt Disney Co (NYSE:DIS) has not been able to move the needle much in 2023. The stock rose just 1.5% as compared to the 25% stride that the broad U.S. stock market took. The S&P 500-tracking SPDR S&P 500 ETF (NYSE:SPY), iShares Core S&P 500 ETF (NYSE:IVV) and Vanguard S&P 500...
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Disney's Crown Jewels Off-Limits: CEO Bob Iger Declares Marvel, Star Wars Won't Go to Netflix
Thursday, November 9, 2023 - 1:17am | 664After the markets closed on Wednesday, Walt Disney Company (NYSE:DIS) reported its fourth-quarter results, during which the company’s CEO, Robert Iger, made it clear that some things are just off limits for them to license competitors like Netflix Inc. (NASDAQ:...
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Apple Stock Hits Record High During WWDC, Tumbles After Vision Pro AR Headset Price Tag Unveiled
Monday, June 5, 2023 - 3:24pm | 642Apple's highly anticipated Worldwide Developers Conference (WWDC23) event sent waves of enthusiasm throughout the tech community as the tech titan unveiled a wave of innovative products and features within its universe. The stock's price movements have been, to say the least,...
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Disney Stock Is Volatile After Nelson Peltz Declares Victory: What's Going On?
Thursday, February 9, 2023 - 9:46am | 762Walt Disney Co (NYSE: DIS) shares traded higher late Wednesday after the company reported better-than-expected financial results and announced plans to cut 7,000 jobs. The stock is pulling back a bit Thursday morning after activist investor Nelson Peltz said the proxy fight is over. Peltz...
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Disney's Stock Falls After Q3 Earnings, Sales Miss
Tuesday, August 6, 2019 - 4:13pm | 266Walt Disney Co (NYSE: DIS) shares are down after reporting a third-quarter earnings miss. Adjusted earnings came in at $1.35, missing estimates by 40 cents per share. Sales came in at $20.25 billion, missing estimates by $1.24 billion. "Our third-quarter results reflect our efforts to...
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White House Says The Paris Climate Accord Hurt American Businesses; Do American Businesses Agree?
Friday, June 2, 2017 - 10:29am | 1731It doesn't seem so. In fact, President Donald Trump's decision to withdraw Thursday prompted instant activism or, in many cases, slacktivism by corporate dissenters. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk resigned from three presidential councils in protest, abandoning his previous influence-by-...
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Disney's Q1: A Box Office Hit Or A Damp Squib?
Tuesday, February 7, 2017 - 2:59pm | 738Walt Disney Co (NYSE: DIS) is scheduled to release its first-quarter results of fiscal 2017 on Tuesday after the market close. Can the media and entertainment conglomerate rebound in the quarter following the earnings miss in the fourth quarter? Has the struggling ESPN reached an inflection...
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The Most Overpaid And Underpaid CEOs In The Dow 30 This Year
Thursday, December 29, 2016 - 3:32pm | 677CEO compensation has been a topic of much heated discussion, given that it is on an ever-increasing trajectory, widening income disparity. According to data released by Equilar, a provider of executive data, CEOs at the 100 largest companies by revenue increased a median of 3 percent in 2015 to...
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Bob Iger Pacifies Disney Investors Following Disappointing Q4 Performance
Friday, November 11, 2016 - 12:48pm | 504Reviewing Walt Disney Co (NYSE: DIS)'s fourth-quarter results, BMO Capital Markets said it believes the shares reacted well to CEO Robert "Bob" Iger's observation that ESPN is seeing less impact from MVPD subscribers downgrading to packages that exclude ESPN. At the time of writing, shares of...
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From Turkey Legs To 1 Million Visitors, Shanghai Disney's Success A Pleasant Surprise For CEO Iger
Wednesday, July 13, 2016 - 2:37pm | 360Nearly one million people have already visited Walt Disney Co (NYSE: DIS)'s amusement park in Shanghai within just weeks of opening. Disney's CEO Robert "Bob" Iger said during the Fortune Brainstorm Tech conference in Aspen, Colorado, that the park's guests are staying...
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CEOs Vs. Hedge Fund Managers: Who Gets Paid Better?
Thursday, May 26, 2016 - 10:49am | 715Do you want to become a billionaire? What about running a company? Ever wondered if you’d get richer making it to CEO or as a money manager? Well, Benzinga’s got some pointers for you. The Associated Press and Equilar, an executive data firm, recently published a list of the 10 highest-...
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Media Execs Continue To Be The Most Highly Paid Regardless Of Stock Price
Tuesday, April 19, 2016 - 8:32am | 260The CEOs of media companies continue to be the most highly paid regardless of stock price, according to a tweet from Rich Greenfield of BTIG, citing a comprehensive view of company filings. The compensation of Philippe Pierre Dauman, the president, CEO and chairman of Viacom, Inc. (NASDAQ: VIAB),...
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Disney's Massive $5.5 Billion Park In Mainland China To Open In June
Wednesday, January 13, 2016 - 9:34am | 215Shares of Walt Disney Co (NYSE: DIS) were trading higher by nearly 0.5 percent early Wednesday morning. The company confirmed in a blog post that its new $5.5 billion resort in mainland China will open in June. Disney noted that its Shanghai Disney Resort will host a grand opening celebration...