Walt Disney stock jumped after the entertainment company topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney (ticker: DIS) reported n...
Tag: Peltz
Billionaire Peltz Ends Disney Proxy Fight With Disney As Stake Swells To $1.1 Billion
Topline Billionaire Nelson Peltz’s proxy battle against Disney is over, the Trian hedge fund founder said Thursday morning on CNBC, giving his stamp of approval to the entertainment conglomerate’s unv...
Disney proxy fight is over, Nelson Peltz says
Nelson Peltz declared his proxy fight with Disney was over Thursday after the entertainment giant unveiled a vast restructuring plan, cost cuts and 7,000 layoffs. “Now Disney plans to do everyth...
Is Disney stock a ‘buy’ after Nelson Peltz ditched the proxy fight?
Walt Disney Co (NYSE: DIS) is in the green today after reporting a market-beating quarter and making a series of announcements that cheered shareholders. Nelson Peltz says the proxy fight is over Last...
Disney pressured to replace Michael Froman with Nelson Peltz
Nelson Peltz David A. Grogan | CNBC The proxy battle between Disney and activist investment firm Trian Management LP is heating up ahead of the company’s annual shareholder meeting. Earlier in J...
Disney could use an activist investor like Nelson Peltz
An activist investor like Trian Partners’ Nelson Peltz on Walt Disney ‘s (DIS) board could help prod the entertainment conglomerate to address its financial woes and implement much-needed ...
Disney Takes On Proxy Fight With Activist Investor Nelson Peltz
Bettmann Archive Key takeaways Disney is facing a proxy battle with shareholder Nelson Peltz, who is gunning for a spot on the company’s board. Peltz is a largely successful investor with a history of...
Disney defends Iger, says activist Peltz has ‘no track record’ in big media
Nelson Peltz David A. Grogan | CNBC Disney pushed back on Nelson Peltz’s bid for a board seat Tuesday, as the entertainment giant’s proxy fight with the investor and his activist firm, Tri...
For All His Criticisms of Disney, Peltz and Iger Probably Agree: Streaming Has to Be Fixed
“Great news: Nelson Peltz made a slide deck about me,” said no CEO ever. But maybe Walt Disney Bob Iger had mixed feelings about the 35-pager that dropped this past week. One one hand, it says that he...
Cramer’s take on Disney’s proxy fight with Nelson Peltz
Walt Disney Co (NYSE: DIS) has been in focus in recent days after naming Mark Parker its next executive chairman and opposing Nelson Peltz push for a board seat (read more). Cramer wants Nelson Peltz ...
Nelson Peltz, Trian won’t pursue Wendy’s takeover
David Paul Morris | Bloomberg | Getty Images Nelson Peltz isn’t interested in acquiring Wendy’s, according to a regulatory filing made on Friday. Peltz serves as non-executive chair on the...
Disney CEO Bob Iger went sailing on his yacht while activist investor Nelson Peltz ramped up pressure on the media giant
With its stock price flailing and under rising pressure from activist investor Nelson Peltz of Trian Partners, newly reinstalled Disney (DIS) CEO Bob Iger reportedly spent the holidays enjoying the op...
Here’s Why Investors Are Bullish On Disney Despite Its Proxy Fight With Billionaire Peltz
Topline Disney shares hit a two-month high Thursday after billionaire activist investor Nelson Peltz launched a proxy fight to gain a seat on Disney’s board of directors, as the expansive entertainmen...
Jim Cramer says Disney should allow Nelson Peltz to join its board
CNBC’s Jim Cramer on Thursday called on Disney to give activist investor Nelson Peltz a seat on its board. “It’s the board, the stewards, who haven’t done a good job. Not the s...
Peltz may be overreaching with Disney proxy fight
Bob Iger, chief executive officer of The Walt Disney Co. Patrick T. Fallon | Bloomberg | Getty Images Activist investor Nelson Peltz spent about 30 minutes Thursday morning speaking with CNBC’s ...
Nelson Peltz talks Disney proxy fight, slams Fox deal
Disney is facing a proxy fight as Nelson Peltz’s activist firm Trian Fund Management pushes for a seat on its board. Peltz spoke Thursday on CNBC’s “Squawk on the Street,” maki...
Bob Iger’s next big challenge at Disney is activist investor Nelson Peltz
Bob Iger will face yet another challenge as Disney (DIS) CEO — activist investor Nelson Peltz. On Wednesday, Disney announced Nike executive chairman Mike Parker will take over Susan Arnold’s po...
Disney opposes Nelson Peltz push to join board, names Mark Parker chairman
The Walt Disney Company on Wednesday afternoon said it opposes activist investor Nelson Peltz’s attempt to join its board. Disney also named Mark Parker, the executive chairman of Nike, its next...
Unilever Stock Rises Sharply as Nelson Peltz Is Added to Board
Text size Unilever makes food and household goods such as Dove soap, Hellmann’s mayonnaise, and Ben & Jerry’s ice cream. ANP/AFP via Getty Images Unilever said it appointed Nelson Pelt...
Nelson Peltz hosted Joe Manchin for fundraiser featuring Republican megadonors
Nelson Peltz, left, and Joe Manchin CNBC; Reuters Wall Street veteran Nelson Peltz hosted a $5,000 a plate fundraiser for Sen. Joe Manchin at the billionaire’s sprawling Florida estate last mont...