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Disney sued by 2 workers after it asked them to relocate from California to Florida to work at a $1 billion campus, which it later canceled
Business Insider· 2024-06-21 11:30
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTwo Disney workers have sued the company after it asked them to relocate from California and be based at a ...
Why the Market Dipped But Walt Disney (DIS) Gained Today
ZACKS· 2024-06-20 22:50
Walt Disney (DIS) ended the recent trading session at $101.84, demonstrating a +0.33% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.25%. Elsewhere, the Dow gained 0.77%, while the tech-heavy Nasdaq lost 0.79%.Shares of the entertainment company witnessed a loss of 1.48% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 0.82% and the S&P 500's gain of 3.59%.The investment community will be paying close atte ...
Disney's Abandoned $1B Florida Relocation Plan Breeds Employee Class Action Suit In Fallout From DeSantis Dust-Up
Deadline· 2024-06-19 21:18
The Mouse House’s now abandoned Sunshine State relocation for staffers has turned into some pretty dark legal skies. Over a year after the once again Bob Iger run Disney dropped its Bob Chapek-era initiative to consolidate some California operations and employees in a new campus in Orlando’s Lake Nona area, a current VP of Product Design and a director of Product Design are taking the company to court in a potential class action. “As a result of relying on the statements relating to the Lake Nona project, ...
UVU School of the Arts and Sundance Mountain Resort to Present Disney's NEWSIES as 2024 Summer Musical
GlobeNewswire News Room· 2024-06-18 18:53
Provo, Utah, June 18, 2024 (GLOBE NEWSWIRE) -- June 18, 2024 UVU School of the Arts and Sundance Mountain Resort to Present Disney’s Newsies as 2024 Summer Musical PROVO, Utah — UVU School of the Arts is thrilled to announce a collaborative production of Disney’s Musical Newsies with Sundance Mountain Resort as the 2024 Sundance Summer Theatre presentation from July 18 to August 10. Based on the historic Newsboys Strike of 1899 in New York City, Newsies tells the inspiring tale of newsboys and newsgirls who ...
Disney Is Having a Horror Moment
The Motley Fool· 2024-06-18 09:15
The "Saw" horror films are now on Disney+, but why?Disney (DIS 1.55%) started displaying the Saw horror movies on Hulu recently, shocking viewers who see the brand as opposed to horror films. But this is a brilliant move to broaden the appeal of Disney's streaming bundle. Travis Hoium covers the move from a strategic angle in this video.*Stock prices used were end-of-day prices of June 14, 2024. The video was published on June 16, 2024. ...
'Inside Out 2' is saving the summer box office — and proving Pixar was right to lean on sequels
Business Insider· 2024-06-17 20:36
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDisney proved it still has some box-office firepower this weekend with Pixar's "Inside Out 2." The film had ...
Bull Signal Could Trigger Disney Stock Pop
Schaeffers Investment Research· 2024-06-17 17:31
Walt Disney Co (NYSE:DIS) is in the news today after "Inside Out 2" grossed $155 million domestically over the weekend. The stock is up 1.6% at $101.52 at last glance, and set to snap a four-day losing streak. The stock boats a 12.5% year-to-date lead, and there's reason to believe the shares could keep moving higher as DIS trades near a historically bullish trendline. The stock has come within one standard deviation of its 200-day moving average for the third time in the past three years. According to Scha ...
Is Disney (DIS) Stock Worth Buying for Investors in 2024?
ZACKS· 2024-06-17 16:36
Disney (DIS) has long been considered a blue-chip stock and a core holding for many investors. With its world-famous brand and beloved intellectual properties spanning movies, TV shows, theme parks and merchandise, Disney has a unique ability to bring joy to millions worldwide. However, the company has faced significant headwinds in recent years, leading some to question if the House of Mouse still holds the same investment allure in 2024.Parks, Experiences and Products Business: Back in Full SwingDisney's ...
Disney Is Ready to Win This Summer
The Motley Fool· 2024-06-17 15:30
A huge opening weekend for "Inside Out 2" is just the beginning of what could be a red-hot summer for Disney investors.Summer is officially just a couple of days away, but Walt Disney (DIS 1.48%) is already showing off its beach bod, financially speaking. The media giant is already in a much better place than it was a year ago. Disney+ is finally turning profitable, compared to the $587 million operating loss that segment posted in the prior-year quarter. There was softness heading into last year's seasonal ...
Is the Disney Stock Sell-Off a Prime Buying Opportunity?
MarketBeat· 2024-06-17 13:56
Walt Disney TodayDISWalt Disney$101.72 +1.75 (+1.75%) 52-Week Range$78.73▼$123.74Dividend Yield0.29%P/E Ratio110.57Price Target$126.29Add to WatchlistEntertainment powerhouse The Walt Disney Co. NYSE: DIS has already had a drama-filled year. CEO Bob Iger had to fend off a proxy battle for board seats with billionaire activist investor Nelson Peltz and his Trian Fund. While the S&P 500 index has been rising 14% year-to-date (YTD), Disney shares have been selling off from a peak of $123.58 in April to $99.66 ...