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Jan 18, 2024
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results got worse. >> that was, of course, acty vest investor necklace of trian seeking two seats onisney's board directors, one for himself and one for former disney executive jay re sue lo. maybe an uphill battle for mr. pena peltz but did join us, why he's back, the reference he had undertaken a proxy fight around a year ago only to then say no, we're calling that off because he heard things that he liked from returning ceo bob iger who had been in the chair only a couple months since returning to the company. disney, of course, has moved forward with significant cost cuts trying to increase those margins that mr. peltz certainly has been focused on versus its competitors, given he says, they are far too low. he will compare the stock to the overall performance of the s&p, perhaps not as fair a comparison given you should compare it to its group. if you include netflix it doesn't look particularly good not as if disney isn't grappling with many questions many companies are facing with direct to consumer, how much you spend when you get to profitability, how profitable can you get
results got worse. >> that was, of course, acty vest investor necklace of trian seeking two seats onisney's board directors, one for himself and one for former disney executive jay re sue lo. maybe an uphill battle for mr. pena peltz but did join us, why he's back, the reference he had undertaken a proxy fight around a year ago only to then say no, we're calling that off because he heard things that he liked from returning ceo bob iger who had been in the chair only a couple months since...
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Jan 3, 2024
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all of this comes as trian nominated peltz and rasulo to the board.med former morgan ceo james gorman, who has had experience with proxy fights and succession planning, as well as sir jeremy darroch. there's another activist firm which says it supports iger. blackwell, which owns about 55,000 shares, nominated three of its own directors to the board, saying it welcomes other shareholders attempting to fix this iconic but wayward company. kelly, certainly very strategic here for disney to align with valueact. >> again, i'm just thinking about it, thinking about some of the success they have had there in the past. i wanted to ask you about kind of -- to the point about which way disney should go. we got this data point about how universal overtook disney as the highest grossing studio in the box office, and it speaks of the decline of disney at the box office. they didn't have one of the top three movies for the first time in a long time. the first time since 2014 none of disney's movies crossed the billion dollar benchmark. so there are real challenges
all of this comes as trian nominated peltz and rasulo to the board.med former morgan ceo james gorman, who has had experience with proxy fights and succession planning, as well as sir jeremy darroch. there's another activist firm which says it supports iger. blackwell, which owns about 55,000 shares, nominated three of its own directors to the board, saying it welcomes other shareholders attempting to fix this iconic but wayward company. kelly, certainly very strategic here for disney to align...
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Jan 18, 2024
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. >>> straight ahead, trian's nelson peltz speaks out. what he said earlier on the disney proxy battle. "halftime" is back in two minutes. we need to scale with customer demand... in real time. (jen) so we partner with verizon. their solution for us? a private 5g network. (ella) we now get more control of production, efficiencies, and greater agility. (marquis) with a custom private 5g network. our customers get what they want, when they want it. (jen) now we're even smarter and ready for what's next. (vo) achieve enterprise intelligence. it's your vision, it's your verizon. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. >>> the proxy fight between nelson peltz and disney is heating up. here is what
. >>> straight ahead, trian's nelson peltz speaks out. what he said earlier on the disney proxy battle. "halftime" is back in two minutes. we need to scale with customer demand... in real time. (jen) so we partner with verizon. their solution for us? a private 5g network. (ella) we now get more control of production, efficiencies, and greater agility. (marquis) with a custom private 5g network. our customers get what they want, when they want it. (jen) now we're even smarter...
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Jan 17, 2024
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today they also mention his close relationship with ike perlmutter remember, much of the stake that trianere is actually perlmutter's ownership. and they go on to point out that his close relationship with perlmutter, coupled with him having been passed over in 2015 to become ceo successor would likely inhibit mr. rasulo's ability to work constructively with bob iger. >> i wonder if nelson peltz is happy with that salary package of bob iger. >> he got a raise. mostly stock >> that's true he gets the stock up, he would be very happy. >> you have to account for it now, but it's on the come. but it was twice what he had last year. $31.5 million is what it's valued at. >> probably working harder >> he's working hard maybe harder than he thought he would have to. >> yeah. >> he's got a couple of years to go we'll see. >> remember, this is -- a pprops of the maple bear merging with doordash and uber, this nfl story, keep it alive, david, that disney may be doing some deal with the nfl? or is that just fatuous? >> there are those who try to understand it from the perspective of why the nfl as a
today they also mention his close relationship with ike perlmutter remember, much of the stake that trianere is actually perlmutter's ownership. and they go on to point out that his close relationship with perlmutter, coupled with him having been passed over in 2015 to become ceo successor would likely inhibit mr. rasulo's ability to work constructively with bob iger. >> i wonder if nelson peltz is happy with that salary package of bob iger. >> he got a raise. mostly stock >>...
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Jan 3, 2024
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that's compared to trian stake of about $3 billion and disney the overall market cap of $166 billion.how things will shape up, you can bet, mike, getting a lot of back and forth. people taking sides on this battle we've been watching so closely. >> no doubt about it. >>> look at what the market context is for all of that, becky. two-year anniversary of all-time high in s&p 500 around 4800. january 3, 2022. here is the two-year chart. kind of this hammock effect right there. suspended around the 4,800 mark. a little payback for the very, very strong final couple months last year. nine straight up weeks. everybody in every statistical measure saying overbought. crowded stocks mega top of the nasdaq clearly had selling pressure pent up in a new tax year, as it came to impair. pullbacks, back to this range. took off from in december. around 45, 50 to 4600 level totally normal. not a big deal. a few percent down perhaps from the recent highs. look at apple relative to microsoft and the broader s&p 500 overt last two years. remarkable apple and microsoft most part traveled together. not the
that's compared to trian stake of about $3 billion and disney the overall market cap of $166 billion.how things will shape up, you can bet, mike, getting a lot of back and forth. people taking sides on this battle we've been watching so closely. >> no doubt about it. >>> look at what the market context is for all of that, becky. two-year anniversary of all-time high in s&p 500 around 4800. january 3, 2022. here is the two-year chart. kind of this hammock effect right there....