A projection is not a promise
The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt …
Walt Disney Co
Vanguard voting for management over Peltz
Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, …
Disney board fight hinges on Vanguard, other institutional investors
Bob Iger and Nelson Peltz. CNBC In 2015, Nelson Peltz’s Trian Partners was defeated in an activist campaign against chemical firm DuPont, largely because the top three institutional shareholders voted …
Fights in the House of Mouse
Actors dressed as Walt Disney characters Mickey Mouse (left) and Minnie Mouse (right) perform during a press preview for the “Minnie Besties Bash!” parade at Tokyo Disneyland on January 17, …
Nonfarm payroll data and Disney’s proxy fight
CNBC’s Jim Cramer on Thursday guided investors through next week’s Wall Street action, saying to pay attention to new nonfarm payroll data and Walt Disney’s annual shareholder meeting, where its …
Disney agrees to settle Florida lawsuit backed by DeSantis
Central Florida Tourism Oversight District board chairman Martin Garcia, right, delivers remarks as Florida Gov. Ron DeSantis listens during a news conference at CFTOD headquarters at Walt Disney World on …
Ford falls, Amazon advances pharmacy pursuits and Disney board member speaks – our takes the news
Ford Motor kept its 2024 guidance unchanged Tuesday. Meanwhile, Amazon ‘s pharmacy efforts added another wrinkle and Disney ‘s newest board member weighed in on the proxy fight underway at …
Elon Musk buying Nvidia hardware even as Tesla aims to build AI rival
Tesla CEO, Elon Musk (L), and Nvidia CEO, Jensen Huang (R). Reuters In November 2023, at an all-hands meeting with employees, Nvidia CEO Jensen Huang was asked whether the company …
George Lucas backs Disney CEO Bob Iger in Nelson Peltz proxy fight
Filmmaker and Hollywood legend George Lucas is throwing his support behind Walt Disney CEO Bob Iger in the bitter proxy battle between the company and activist investor Nelson Peltz. Lucas, …
Disney gets a win in Nelson Peltz board fight. 2 other portfolio stocks mount comebacks
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …