[unable to retrieve full-text content]Iger repelled a coup, but the Disney castle remains under siege Yahoo Finance Source link
Read More »Disney CEO Bob Iger, Nelson Peltz enter final days of proxy fight — here's what to know – Yahoo Finance
[unable to retrieve full-text content]Disney CEO Bob Iger, Nelson Peltz enter final days of proxy fight — here’s what to know Yahoo Finance Source link
Read More »Disney beats on earnings, boosts dividend as streaming losses narrow
Disney (DIS) said it will boost its cash dividend by 50% on Wednesday as the entertainment giant reported fiscal first quarter earnings that beat expectations while streaming losses narrowed. Disney reported adjusted earnings of $1.22 a share — a significant beat compared with the $0.99 analysts polled by Bloomberg had expected. The company also guided to full-year fiscal 2024 earnings of $4.60 a share, an increase of at least 20% versus 2023. Revenue came in at $23.5 billion, a slight miss… Source link
Read More »Disney lawsuit against DeSantis dismissed by judge as company vows fight ‘will not end here’
A federal judge is dismissing Disney’s (DIS) free speech lawsuit against Florida Governor Ron DeSantis — a big win for the politician amid his ongoing political feud with the media giant. In a court filing obtained by Yahoo Finance, US District Judge Allen Winsor, who was appointed to the federal bench by former President Donald Trump in 2019, granted a motion to dismiss the First Amendment case. The judge determined that Disney’s position “fails on the merits” and ultimately “lacked… Source link
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