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The Walt Disney Company (DIS)

NYSE - NYSE Delayed Price. Currency in USD
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113.21+3.82 (+3.49%)
At close: 04:03PM EST
112.21 -1.00 (-0.88%)
After hours: 07:59PM EST
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  • Reuters

    PRESS DIGEST- Wall Street Journal - Feb 3

    The following are the top stories in the Wall Street Journal. - Activist investor Ryan Cohen is amassing a sizable stake in Nordstrom Inc and intends to urge the upscale department-store chain to make changes to its board following a steep share-price decline, according to people familiar with the matter. - Beyond Meat Inc is revamping its retail sales strategy to center on five major grocers and hiring a new marketing executive as part of an effort to reinvigorate the plant-based food maker's business.

  • Reuters

    UPDATE 1-Peltz's Trian seeks to rally Disney shareholders against board director Froman

    Activist investor Nelson Peltz's hedge fund Trian Fund Management wrote to Walt Disney Co shareholders on Thursday to make the case for replacing the media and entertainment conglomerate's board director Michael Froman. Trian, which owns a roughly $1 billion stake in the home of Mickey Mouse, has asked Disney shareholders to drop Froman — a former U.S. Trade Representative — from the company's 12-member board and elect Peltz instead. Trian did not spell out in the letter why it had picked Froman to target among the Disney directors, but suggested that Peltz was more qualified to serve.

  • Business Wire

    The Walt Disney Company Underscores Board Strength and Focus on Value Creation, Sends Letter to Shareholders

    BURBANK, Calif., February 02, 2023--The Walt Disney Company Board of Directors (NYSE:DIS) today responded to materials issued by the Trian Group. The Disney Board of Directors is focused on delivering long-term sustainable value and continually works to ensure it is comprised of the right mix of experience, skills and perspectives to guide Disney, particularly as it navigates this dynamic period.