CNBC’s Jim Cramer on Thursday stated that he is bullish on Disney after the corporate introduced a strong restructuring and cost-cutting plan. “Disney lastly feels prefer it’s again on monitor. Whereas the inventory’s already had a monster transfer for the reason that starting of the yr, I am betting it might have much more upside … Read more
Disney ripped Nelson Peltz and his bid for a board seat Tuesday, as the entertainment giant’s proxy fight with the investor and his activist firm, Trian Fund Management, takes shape. Disney said in a securities filing Tuesday that its board was where it needed to be to move the company forward. The company also defended … Read more
Bob Iger will face one more problem as Disney (DIS) CEO — activist investor Nelson Peltz. On Wednesday, Disney introduced Nike government chairman Mike Parker will take over Susan Arnold’s place as chairman of the board, and in addition really useful shareholders vote towards Peltz in his efforts to win a seat on the corporate’s … Read more
Opinions expressed by Entrepreneur contributors are their own. Disney’s firing of Bob Chapek and rehiring Bob Iger as CEO shocked many, including co-CEO of Netflix, Reed Hastings. L: Reed Hastings, Bloomberg R: Bob Iger, Samir Hussein || Getty Images Hastings, however, didn’t express concern over Iger as a competitor. In a tweet, he made it … Read more