Latest Walt Disney Co News
Stock market today: Asian shares mostly rise cheered by Wall Street finish
TOKYO (AP) — Asian shares mostly rose Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year. Japan's benchmark Nikkei 225 jumped 1.7% to 40,120.11. Sydney's S&P/ASX 200 rose 0.4% to 7,813.80. South Korea's Kospi added...
Disney shareholders back CEO Iger, rebuff activists who wanted to shake up the company
SAN FRANCISCO (AP) — Disney shareholders have rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney Chief Financial Officer Jay Rasulo, who had sought seats on the company’s board. The company had...
Boeing, EQT fall; Choice Hotels, MicroStrategy rise, Monday, 3/11/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: Boeing Co., down $6 to $192.49. The Department of Justice reportedly launched a criminal investigation into the airplane maker's jetliner blowout in January. Choice...
How major US stock indexes fared Thursday, 2/8/2024
Stocks held near record levels on Wall Street as evidence kept piling up to show the job market remains remarkably solid. The S&P 500 edged up 0.1% Thursday, just a few points shy of closing above the 5,000 level for the first time. The Dow rose 0.1%, and the Nasdaq composite...
Walt Disney, Confluent rise; PayPal, O'Reilly Automotive fall, Thursday, 2/8/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday. Walt Disney Co., up $11.40 to $110.54. The entertainment giant gave investors an encouraging financial update and announced a stake in Fortnite maker Epic Games. ...
Disney to invest $1.5 billion in 'Fortnite' maker Epic Games to create games, entertainment
BURBANK, Calif. (AP) — The Walt Disney Co. said Wednesday it is paying $1.5 billion for a stake in “Fortnite” maker Epic Games, working with the game developer to create a “games and entertainment universe” that will feature games, shows and characters from Disney, Pixar, Marvel, Star...
Disney posts solid Q1 results thanks to its theme parks and cost cuts
SAN FRANCISCO (AP) — The Walt Disney Co. on Wednesday posted stronger-than-expected earnings for the final three months of 2023, boosted by cost cuts and growing revenue from its theme parks business. CEO Bob Iger said the company is on track to make its streaming services...
Taylor Swift's 'The Eras Tour' is heading to Disney+ with 5 new songs added
NEW YORK (AP) — Taylor Swift's blockbuster concert film “The Eras Tour” will make its streaming debut on Disney+, the Walt Disney Co. announced Wednesday. The film, now titled “Taylor Swift: The Eras Tour (Taylor's Version)" will land on the streaming platform March 15. Five...
Disney: Fiscal Q1 Earnings Snapshot
BURBANK, Calif. (AP) — BURBANK, Calif. (AP) — The Walt Disney Co. (DIS) on Wednesday reported fiscal first-quarter net income of $1.91 billion. The Burbank, California-based company said it had net income of $1.04 per share. Earnings, adjusted for amortization costs, were $1.22...
Nelson Peltz seeks a seat on Disney's board, and some changes
Nelson Peltz's Trian Fund Management is formally nominating the activist investor and a former Disney executive for a seat on Disney's board, two days after the media and entertainment company nominated a slate of directors that did not include either. Peltz and Jay Rasulo, Disney's...
