‘The Disney (DIS) brand is iconic, and to have hostility in the boardroom is really off-brand for Disney,’ said Needham Senior Internet and Entertainment Analyst Laura Martin. Martin joined Yahoo Finance’s Market Domination Overtime to discuss three key reasons why activist investor Nelson Peltz lost his proxy fight against Disney (DIS) CEO Bob Iger. The segment is from April 3, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #disney #disneyland #disneyplus #disneyworld #bobiger #ceo #ceovision #boardroom #leadership #leadershipdevelopment #2024shorts
Disney (DIS) announced it will reinstate a $0.30 per share cash dividend starting January 2024, its first payout since halting dividends in early 2020 amidst the COVID-19 pandemic. TD Cowen Managing Director Doug Creutz asserts the move simply reflects Disney’s healthy post-pandemic cash flows, stating “there is no good reason” not to return capital given its balance sheet. Creutz believes resuming dividends results from improving fundamentals rather than activist investor Nelson Peltz’s brewing proxy fight. Nonetheless, Creutz notes Disney did recently amend proxy rules partly addressing Peltz’s campaign for a board seat. “He can make noise,” Creutz tells Yahoo Finance in regards to the Peltz, adding: “At the end of […]
#Disney #yahoofinance Yahoo Finance entertainment reporter Allie Canal details Disney’s response to activist investor Nelson Peltz as he continues his campaign for a board seat at the company. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental […]
