Why Disney Stock Rallied Thursday Morning

11:07am, Thursday, 09'th Feb 2023
Better-than-expected earnings and a robust turnaround plan boosted the House of Mouse.
That's Walt Disney Co. Chief Executive Bob Iger, who faces some big decisions when it comes to streaming service Hulu.
Nelson Peltz, the head of Trian Fund Management, announced the end of his proxy fight with The Walt Disney Company (NYSE:DIS) on Thursday after the entertainment giant unveiled a major restructuring p
Peltz declared his month-long activist campaign at Disney a “great win” as he cheered on Bob Iger's plan to cut 7,000 jobs at Disney.

Nelson Peltz: Disney proxy fight is over

10:48am, Thursday, 09'th Feb 2023
Nelson Peltz, Trian Partners founder, joins 'Squawk on the Street' to announce the end of the proxy fight against Disney.
Yahoo Finance's Allie Canal joins the Live show to discuss key takeaways from Disney's first-quarter earnings call.
Netflix remains the streaming service with the most subscribers.
Disney CEO Bob Iger joins 'Squawk on the Street' to discuss the company's animation business and more.
Daiwa Capital Markets America Senior Research Analyst Jonathan Kees joins Yahoo Finance Live anchor Brad Smith to discuss Disney earnings, Bob Iger's plans to cut 7,000 jobs, consumer sentiment, infla
Yahoo Finance Live's Julie Hyman summarizes three key topics to watch on Thursday ahead of the opening bell including Disney earnings, PepsiCo sales and Robinhood earnings.
Nelson Peltz, Trian Partners founder, joins CNBC's "Squawk on the Street" to respond to Disney's earnings and its large-scale restructuring plan.
Activist investor Nelson Peltz is ending his proxy battle with Walt Disney Co. amid changes initiated by newly reinstalled chief executive Bob Iger, according to a CNBC interview Thursday morning. “
Disney announced it will cut 7,000 jobs as it looks to slash $5.5 billion worth of costs. The news comes after the media giant beat wall street estimates for its first quarter earnings and revenue.
Disney CEO Bob Iger joins 'Squawk Box' to discuss whether Disney+ was priced too low at the beginning.

Nelson Peltz Abandons Proxy Fight With Disney

10:07am, Thursday, 09'th Feb 2023
Activist investor Nelson Peltz said this morning on CNBC that his proxy fight againt Disney is over following CEO Bob Iger's sweeping restructuring and cost cutting plans announced yesterday alongside
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