Nelson Peltz has launched a fresh attack against the management of Walt Disney Co., saying plans to launch a new sports streaming service and invest in Epic…
(Bloomberg) Walt Disney Co. reported better-than-expected earnings for its fiscal first quarter and issued an upbeat profit outlook for the year, citing cost-cutting benefits and the strong performance of its international theme parks.Most Read from BloombergTesla Asks Which Jobs Are Critical, Stoking Layoff FearsCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksHaley Loses Nevada Primary to ‘None of These Candidates’ OptionChina Replaces Top Markets Regulator as Xi Tries
Walt Disney Co. reported better-than-expected earnings for its fiscal first quarter and issued an upbeat profit outlook for the year, citing cost-cutting benefits and the strong performance of its international theme parks.