NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns $3.5 billion of common stock in The Walt Disney Company (NYSE:DIS), today released a letter to its fellow Disney shareholders. The full text of the letter is below and available to view online at: https://restorethemagic.com/03-18-2024/. Dear Fellow Walt Disney Company Shareholder: Disney's 2024 Annual Meeting will be held on April 3, and it is time for you to vote to help Restore the Magic at Disney. For more than a cent ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

BURBANK, Calif.--(BUSINESS WIRE)--The Walt Disney Company (NYSE: DIS) announced that independent proxy voting and corporate governance advisory firm Glass, Lewis & Co. (Glass Lewis) today recommended shareholders vote the WHITE proxy card in support of all of Disney’s 12 director nominees (and no other nominees) at the Company’s Annual Meeting on April 3, 2024. “We are pleased that Glass Lewis recognizes the strength of our highly qualified nominees and supports our plans to return this iconic company to ...

Walt Disney (DIS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this entertainment company have returned +0.3% over the past month versus the Zacks S&P 500 composite's +1.8% change. The Zacks Media Conglomerates industry, to which Disney belongs, has lost 0.2% over this period. Now the key question is: Where could the stock be headed in the near term?While media rele ...

The Zacks Media Conglomerates industry is benefiting from the change in consumer preference for over-the-top (OTT) content. Industry participants like Disney (DIS) , Paramount Global (PARA) and Madison Square Garden Entertainment (MSGE) have been investing heavily to develop original and fresh content, including music and shows, to attract and retain subscribers, particularly Gen Z and millennials. The availability of a variety of alternative packages, including skinny bundles, which are delivered at lower ...

This week's inflation data came in a little bit hot, but it doesn't mean that rates on traditional fixed income investments will stay high for much longer. When the climate starts to get kinder -- and money market funds and freshly issued bonds start offering lower rates -- yield-seeking investors will turn to dividend-paying stocks where the distributions should grow over time.You don't need a lot of money to build out a diversified portfolio of income-generating stocks. I believe that AT&T (T 0.32%), Siri ...

Walt Disney (DIS) ended the recent trading session at $112.06, demonstrating a -0.39% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.29% for the day. Elsewhere, the Dow saw a downswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.3%.Heading into today, shares of the entertainment company had gained 0.84% over the past month, lagging the Consumer Discretionary sector's gain of 2.42% and the S&P 500's gain of 4.42% in that time.The inv ...

JPMorgan Chase CEO Jamie Dimon involved himself in the Disney-Trian Fund Management proxy fight by expressing his support for CEO Bob Iger.Dimon told CNBC on Wednesday that Iger was a “first-class executive and outstanding leader” who “knows the media and entertainment business cold and has the successful track record to prove it.”“It’s a complicated industry filled with creative talent, requiring the unique expertise and engagement skills that Bob possesses,” the bank CEO continued, according to the outlet ...

JPMorgan Chase CEO Jamie Dimon involved himself in the Disney-Trian Fund Management proxy fight by expressing his support for CEO Bob Iger. Dimon told CNBC on Wednesday that Iger was a "first-class executive and outstanding leader" who "knows the media and entertainment business cold and has the successful track record to prove it.""It’s a complicated industry filled with creative talent, requiring the unique expertise and engagement skills that Bob possesses," the bank CEO continued, according to the outle ...

Expresses disappointment in the mudslinging tone and content of Disney's communications, and notes that Disney is attempting to sidestep the longstanding performance issues at the Company Notes that Disney's most prominent supporters have been paid tens of millions of dollars by Disney Calls upon Disney shareholders to support change by electing Nelson Peltz and Jay Rasulo NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Trian Fund Management, L.P. has nominated two candidates, Nelson Peltz and Jay Rasulo, for ...